Accounting Manager

2 weeks ago

Mumbai, India Wilson Composites India, LLP Full time

Job Description for the Position of Accounts Manager

About Us

At Wilson Composites India LLP, we are manufacturers of custom architectural fiberglass (FRP) and GFRC products for the commercial construction industry. We specialize in design, engineering, and fabrication.

Job Summary

We are looking for sharing the responsibility and co-pilot the top line business and protect the bottom line with financial controls in place to achieve expected results in alignment with the overall objectives of the organizations that comprise the Wilson Composites family of companies.


Position Type and Expected Hours of Work

This is a full-time position, with a minimum expectation of 45 hours per week. Late evening hours are required occasionally to have an overlap with the U.S.-based team.

Location

Marathon Icon, Lower Parel West

Key Accountabilities

Overall Accountability

  • Financial control, general accounting: Ensure timely closure of monthly, quarterly, and annual accounts, financial reporting, audits and compliances. Ad-hoc reporting / MIS activities.
  • Manage all accounting operations including billing, A/R, A/P, GL, Cost accounting, Inventory accounting and Revenue recognition.
  • Work with the senior leadership team to manage and control financial metrics efficiently within the organizations.
  • Work with senior leadership on the company's funding-related financial diligence, and coordination with internal and external teams.
  • Work with Project Management and Purchasing teams to execute purchasing and purchase reconciliation activities.
  • Managing complexity, multiple stakeholders- Overcome by: Solving thing in a structured manner.
  • Prioritization of tasks and smooth operations.

Financial Books Closure

  • Responsible for review of periodical finance close in line closing checklist and period end submissions of financial information
  • Ensure accurate reported as per Ind AS and US GAAP
  • Review of financials
  • Driving efficiency in books closure process through automation of entries and activities
  • Coordinate with Corporate team for consolidation activities and requirements
  • Consolidate review annual and quarterly submission related to financials
  • Provide internal assurance on completeness and comprehensiveness of financial closure.

Review of Financials

  • Monthly/Quarterly review of financials with senior leadership team
  • Review of receivables, cash flow schedule along with provisioning
  • Streamlining accounting practices across countries
  • Review of Statutory compliance and activities
  • Review all contracts, understand implications on accounting and advise business teams accordingly.

Internal Controls

  • Review of process across entities end to end.
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • Review of controls adequacy and drive simplification.
  • Drive and lead statutory and internal compliances.

Compliance

  • Review of compliance across entities.
  • Liaison with legal and CA team for review and closure of compliance activities, such as GST and Transfer/Export documentation.

Centre of Excellence

  • Central force to drive regular training on accounting and controls.
  • Creating standard documentation for adherence of accounting policies for business and finance

Key Interactions

  • US based Owners
  • India based Operations team
  • US based CFO
  • Indian CA finance team
  • Operational Consultants
  • Outside Legal Team
  • IT team
  • Statutory Auditors
  • Consultants
  • Vendors/agencies for any new service

Education Qualification

  • MBA in Finance
  • Additional certification courses in auditing/taxation/complinces

Relevant Work Experience

  • Minimum of 6 years of Proven working experience as an Accounting Manager,
  • Thorough knowledge of accounting principles and procedures,
  • Experience with general ledger functions and the month-end/year end close process,
  • Excellent accounting software user and administration skills,
  • A hands-on manager, who is willing to get actively involved with and guide the team to achieve desired goals.


Work Experience: 15-20 years


Job Type: Full-time


Additional Benefits:

Health insurance

Paid time off

Provident Fund


Schedule:

Day shift

Monday to Friday


Salary: Rs. 20 lakhs to 25 lakhs per annum (negotiable based on experience)

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