Senior Specialist, Accounting, India

Job description

UNLEASH YOUR BEST SELF JOIN. LEARN. ADVANCE. EARN YOUR PASSION FOR EXCELLENCE STARTS HERE!! Accounting & Audit Support: Independently manage and execute book keeping and maintenance of proper books of accounts and month close activities per US GAAP and India GAAP. Run through Balance sheet ledger scrutiny. Ensure smooth month closure including first round of review on numbers Independently review accrual and prepaid accounts and make adjustments as necessary. Prepare the intercompany invoice, reconcile the balance, and make entries for realized exchange gain/loss. Run Settlement process on a weekly basis to ensure all the vendor payments made on time. Review and process journal entries for payroll, management & statutory bonus and ensure the correctness of cost centers. Track capital projects and maintain CIP reconciliation. Take the complete responsibility of Fixed Assets ledger & register and ensure to be compliant with US GAAP, local GAAP and tax requirements. Maintain reconciliation with assets ledger vs asset register with the help of Finance executive. Prepare Monthly schedules/reports to Balance sheet accounts and keep the action tracker updated to make sure any adjustment entries if required. Support Asst. Manager/Manager towards preparation of Financials as per Schedule VI. Overview vendor aging reports on Quarterly basis to ensure no major overdue from the company. Prepare various reports based on the management/other team’s requirement and attend the meetings to discuss the same. Capable to handle Fund Management, releasing payment to vendor and adapting import procedure making advance payment to foreign suppliers. Opening LC for vendor. Process Ad Hoc transactions and Ad Hoc payment. Coordinate with the valuation team and pass the actuarial valuation of Gratuity and leave encashment on timely basis. Provide supports on annual audit (Tax audit & statutory audit) and tax Queries to auditors. Assist in Finalize the books of accounts after the audit adjustment JV’s. Banking, Labor law, PF, PT & ESI : Interaction with Bank Authorities regarding Over Draft facilities, Deposits, Bank Guarantee, forward contract & other banking related activities. Ensure Bank reconciliation is performed in Workday on a weekly basis and follow up on unreconciled items to the closure. Manual Reconciliation to be done on a month end and documented. Suggest process improvements and work with BA to resolve technical issues in Workday on Bank reconciliation. Ensure timely payment of PT, PF & ESI. If need be, review of annual labor law return filing and support labor license renewal. Interaction with Bank for Foreign Fund Inflow (Revenue/Investment) Remittance Certifications (FIRC). Income Tax, GST : Maintaining Bank Payments, Cash payments & Journal entries vouchers separately & neatly as we have to keep the books for 7 years as per IT Act. Filing of GST (GSTR 1 & 3B) returns and payment on timely basis(if any). Applying for LUT on yearly basis to get the benefit of export of services/goods without payment of Taxes. Calculation of Advance Tax and timely depositing into the Bank. Calculation GST Tax liability after considering ITC credit(if any) and other compliances and Depositing the same in time to Bank and apply for refund wherever applicable. Ensure closure of annual GST audit with the timeline prescribed by Govt SEZ: Preparation of Tax Invoice, review agreement, purchase order for avail benefits of SEZ.. Assist/interact with third party consultant on day to day activities at SEZ gate & coordinate with Security and Custom Staff posted at SEZ. Review of SEZ MPR, APR, Bill of Entry, Softex and upload on SEZ Online site on monthly basis. Assist in Processing for New/Renewal of SEZ LoA. Maintenance/Review of Bond register. Overview of Dextrous work on Bonding, Bond Extension and De-bonding of Capital goods. Assist in preparation of Re-warehousing certificates and submitting the same to customs for bond Ledger cancellation. Preparation & Submission of documents for Block transfer on quarterly basis. Support Dextrous in apply & arrange for procurement certificate from customs. Others : Support Assistant Manager on Transfer pricing study & certificate. Finalize the TP report with the help of CA and accordingly recognize the revenue and submission of TP certificate torespective ITO/DCIT. Continuous process improvement with respect to all statutory compliances. Support Assistant Manager on Developing and updating accounting, finance and management policies and procedures. Learning & Self development. Act as team player and support the other team members and review the work when it is required and act as back up for other finance process. Take up new responsibilities and work towards process automation and analyses process gaps and bring it to the management notice. Global Project & Workday related Support: Support Manager/Asst Manager with respect to global project assigned to India Team and ensure, timelines are met with desired results. Act as SPOC for all workday related issues and attend the bi-weekly calls to address open issues Provide a dedicated support on any global projects wrt Workday and be a part of key member list for complication Closely interact with BA team on the upcoming projects/updates and ensure no impact on the local compliance or reporting Proactively work on the below points Identify any reporting requirement Process improvement in Workday Challenge the existing process and work towards bridge the gap b/w BA team and other internal team from a Finance perspective . If you have the willingness to learn and develop your skills, we have the right job for you. Let’s make a deal! Not the right fit? 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