Black Box | GL Accountant | bangalore
18 hours ago
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 principles.
Primarily Roles & Responsibilities
Responsible 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 stated
Taking 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 tasks
Conducting quarterly balance sheet and P & L Fluctuation Analysis and monthly expense variance analysis
Preparing consolidation, inter-company transactions and reconciliations
Local GAAP to US GAAP reconciliations
Producing 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 cycles
Identifying country specific Legal & Statutory requirements (e.g. content, format, filing due dates, penalties) relating to tax and accounting and coordinating activities to comply with them
Compiling 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 required
Participating 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 company
Assisting 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 systems
Ensure compliance with Company accounting policies and the application of generally acceptable accounting principles
Identifying internal risks and ensuring SOX compliance of the locations in the country/countries. Completing and maintaining process documentation
Solving practical problems and dealing with a variety of situations where limited procedures currently exist
Assisting with accounting matters within the department and with other departments
Assisting with external and internal audits and participating in tax audits in EMEA
Skills, Knowledge, Abilities
Must have strong work ethics and be well organized and a self-starter
Detail oriented, professional attitude, reliable, organized and accurate
Possess strong organizational and time management skills
Strong problem solving skills, documentation skills, research and resolution skills, data analysis and multi-tasking skills
Thorough knowledge of general ledger systems and procedures, financial chart of accounts and corporate procedures
Ability to interact with all levels of external and internal organization in a professional manner
Knowledge of general accounting principles, (US GAAP & local & tax), activities and processes
Ability to balance multiple priorities and meet deadlines
Flexibility and adaptable to change
Ability to work both independently and as part of a team in a fast-paced and high volume environment with emphasis on accuracy and timeliness
Good communication (verbal and written) and problem-solving skills; great interpersonal skills and ability to work well with others
Good skills in Microsoft Word, Excel and Outlook
Ambition, and a strong desire for professional development
Education/Experience Requirements
Minimum of 3-4 years of general ledger accounting experience, preferably within an international shared services environment. Additionally, at least 2-3 years experience in SAP would be an added advantage.
Professional level of knowledge of modern accounting practices
Accounting degree, CA with 2-4 years of experience.
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