Assistant Manager- Accounts

4 weeks ago

noida, India Iron Systems Full time

Managing Accounting Operations :
 

Manage technical accounting and oversees business units’ treatment of accounting issues, implementation of new accounting standards and compliance with regulations. Implements and oversees the update of internal financial reporting policies, procedures and accounting pronouncements. Manage General Ledger accounting including Revenue Accounting, Accounts Payables, Payroll Accounting, Intercompany and Fixed Assets Accounting. Responsible for Consolidations, and Financial Reporting including Chart of Accounts, Mapping to Consolidation Systems, and Reporting. Support accounting for newly acquired companies and dispositions, including acquisition date balance sheet, recording of acquisition related entries and incorporation into the consolidation tool. Oversee the valuation and accounting arising from business combinations including the determination of estimated useful lives and the method for recording amortization expense. Support to resolve non-standard complex accounting issues, and provide solutions to ensure correct accounting. Assess the implications of new accounting standards, communicate and provide guidance to management.
Monthly Financial Reporting
Manage the monthly closing process and associated financial reporting. Preparation of monthly management reporting calendar and ensuring compliance with corporate deadlines and requirements. Analyse and reconcile general ledger accounts to ensure proper classification and integrity of information. Manage the consolidation process including trial balance reviews and submissions, and supplemental requirements. Review detailed variance analysis of consolidated balance sheet and cash flow statements. Ensure that all reconciliations are performed monthly and uploaded on portal.
Statutory/GAAP/Internal Audits
Monitor and ensure compliance to Statutory Reporting and Tax Filings on-time as per legal requirements. Ensure that local accounts are prepared as per the prescribed accounting standards in the respective countries. Coordinate, direct, plan and execute the financial reporting component of the external Audit including proving timely/accurate audit schedules and discussion / closure of audit issues in a timely manner. Experienced in operating within an internal control environment, preferably under Sarbanes-Oxley (SOX) to ensure adequacy of internal controls over financial reporting.
International exposure :
Support managing the monthly financial reporting closing process for several entities in USA, UK, Brazil, Canada, India, Netherlands etc. under respective accounting norms including IFRS, US GAAP. Managing the preparation of monthly consolidated financial statements for the holding company in USA. Oversee and direct the preparation of various subsidiary financial statements and disclosures, legal entity financial statement analysis, while ensuring the control, timeliness and accuracy of the financial statements.
Leadership/ Soft Skills:
Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment. Work independently, make non-routine decisions and resolve complex accounting problems. Able to organize and work constructively to meet tight deadlines, enjoys a challenging and fast-paced work environment. Resourceful, action and results orientated with the ability to get things done and overcome obstacle. Exceptional interpersonal, written, oral, and presentation skills with ability to communicate effectively with all levels of employees including senior management. Values diversity and is comfortable in dealing with multiple cultures. An ability to influence, train, mentor and leverage the skills of others to achieve objectives. Demonstrated ability to form, lead and develop high-performing teams with a strong service and delivery orientation. Ability to work collaboratively across departmental functions across geographies.
Professional/ Technical Skills :
Expert technical skills and advanced knowledge on Accounts Payable, Accounts Receivable, Financial Reporting, General Ledger, Inter Company, Fixed Assets and Generally Accepted Accounting Principles (GAAP). Experience in managing consolidation and closing cycles in the complex, short-cycle, multi-business unit environment; managing and supporting statutory/regulatory requirements; proficiency with general accounting system design; responsibility for issuing internal financial statements. Working knowledge of financial systems and ERP experience in Quick Books, Microsoft Dynamics AX, Tally, Oracle/ SAP, Sales Force and any other Financial tools. Understanding of accounting industry standards and best practices and keeps current with industry standards. 8+ years finance /accounting experience required, with strong business acumen and understanding of local and US GAAP and financial accounting principles. University degree in Finance/ Accounting with Advanced degree, CA/ CMA/ CPA/ MBA (or equivalent). IT industry experience is preferred

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