General Ledger Accountant

General Ledger Accountant - Bangalore Purpose of the Job: Setting up and maintaining accounting records. Preparing and booking journal entries and account reconciliations that are accurate and compliant with company policies and applicable accounting principlesLocation : Manyata Tech Park BangalorePrimarily Roles & ResponsibilitiesResponsible for the accounting of one or more designated operating companies.Ensuring accounting entries are posted in a timely manner so that account balances are properly statedTaking ownership of the balance sheet accounts and performing analytical reviews of those accounts. Preparing and documenting month-end Balance Sheet Specifications (reconciliation, G/L account breakdown, supporting documentation)Coordination and execution of the month end closing activities of the entities according to closing schedule and in line with both US GAAP and internal accounting guidelines and participating in month-end close in general by performing a variety of accounting tasksConducting quarterly balance sheet and P & L Fluctuation Analysis and monthly expense variance analysisPreparing consolidation, inter-company transactions and reconciliationsLocal GAAP to US GAAP reconciliationsEnsuring VAT and intrastat transactions are properly accounted for and recorded. Preparing monthly tax calculations & schedules. Responsible for local VAT and Intrastat filings according to legally required timelinesProducing financial statements and other reports and reviews for accuracy. Preparing accurate and timely financial reports for assigned business unit(s) or department(s) to support company accounting, reporting and forecasting cyclesIdentifying country specific Legal & Statutory requirements (e.g. content, format, filing due dates, penalties) relating to tax and accounting and coordinating activities to comply with themCompiling Statutory Accounts and Income Tax Returns (e.g. coordination completion of Statutory Accounts, preparing Financial Statements, Notes to the Financial Statements and Management Report, filing Financial Statements and Tax Returns to local authorities)Informing management of progress and roadblocks; identifying actions requiredParticipating in and providing support to cross-functional teams. Conducting analyses as needed to support project objectives. Participates in other projects and assignments as needed to support the goals of the department and the companyAssisting in maintaining various accounting systems and processes in area of responsibility, creating and maintaining documentation on procedures while providing ongoing process improvement recommendations and development of automated systemsEnsure compliance with Company accounting policies and the application of generally acceptable accounting principlesIdentifying internal risks and ensuring SOX compliance of the locations in the country/countries. Completing and maintaining process documentationSolving practical problems and dealing with a variety of situations where limited procedures currently existAssisting with accounting matters within the department and with other departmentsAssisting with external and internal audits and participating in tax audits in EMEA Additional responsibilities as assignedSkills, Knowledge, AbilitiesMust have strong work ethics and be well organized and a self-starterDetail oriented, professional attitude, reliable, organized and accuratePossess strong organizational and time management skillsStrong problem solving skills, documentation skills, research and resolution skills, data analysis and multi-tasking skillsThorough knowledge of general ledger systems and procedures, financial chart of accounts and corporate proceduresAbility to interact with all levels of external and internal organization in a professional mannerAbility to perform mathematical computations such as percentages, fractions, addition, subtraction, multiplication and division quickly and accurately – highly numericKnowledge of general accounting principles, (US GAAP & local & tax), activities and processesExperience of Internal Controls (SOX)Ability to balance multiple priorities and meet deadlinesAbility to cope with complexityDrive to recommend and aid implementation of process improvementFlexibility and adaptable to changeAbility to work both independently and as part of a team in a fast-paced and high volume environment with emphasis on accuracy and timelinessGood communication (verbal and written) and problem-solving skills; great interpersonal skills and ability to work well with othersGood skills in Microsoft Word, Excel and OutlookEducation/Experience RequirementsCA, ICWA, CPA with experience of 8+ years in general ledger accounting, preferably within an international shared services environment.Additionally, at least 2 years’ experience with SAP ERP accounting system.Professional level of knowledge of modern accounting practices