Finance Assistant

6 months ago

Pune, India Fortrea Full time

As a leading global contract research organization (CRO) with a passion for scientific rigor and decades of clinical development experience, Fortrea provides pharmaceutical, biotechnology, and medical device customers a wide range of clinical development, patient access and technology solutions across more than 20 therapeutic areas. With over 19,000 staff conducting operations in more than 90 countries, Fortrea is transforming drug and device development for partners and patients across the globe.

Key Accountabilities

Strategic- Ensure compliance of operations with governing regulatory requirements- Create, maintain and assume accountability for internal and external stakeholders.- Nurture and sustain an environment of continuous learning

Operational

Regular Activities- Preparation and validation of monthly TDS working- Preparation and validation of month GST compliance (GSTR-1, 3B)- Managing and keeping various trackers in coordination with entity controllers.- Prepare and maintain Intercompany reconciliation with accuracy and completing related compliance.- Keeping control over all GL balances with recons. Validation and approval for ARM’s prepared by contractor and permanent team members and timely completion ARM activity.- Working in coordination and developing rapport with internal stakeholders such as IAS/ SSC, Treasury, AP, AR, Purchasing, payroll, tax, controllership, facilities, corporate compliance, IT to improve quality of financial information and resolving finance related queries.- Working in coordination and developing rapport with external stakeholders such as auditors, bankers, consultants, vendors, authorities.- Evolve as escalation point for finance service deliveries for internal and external stakeholders- Continuously working on data quality of the reporting information, related schedules, recons.- Ensuring we adhere to timely compliance related to government filings.- Act as Primary point of Contact for all AR process with various project managers, customers.- Work with treasury for bank entries, assist to resolve bank reconciliation queries.- Verification of bills with contracts / POs- Handle accounts payable controllership part for verifying vendor payments and communication with vendor stakeholders- Ensure compliance with Direct, indirect and SEZ laws

Specific Activities- Managing month close activity independently starting from ensuring to book appropriate entries, MoR reasoning to cost plus working with guidance from manager.- Preparation of year close financials with schedules as required.- Working closely for various audits (GST, stat, tax, internal, IFC) with manager.- Assisting in various tax assessment cases.- Managing team of permanent and contractor staff effectively in view of appropriate delegation of work.

**Qualifications**:
- 3 to 4 years of experience with a Corporate / large CA firm after CA Intermediate completion

Special Skills & Knowledge- Knowledge of Oracle Peoplesoft-
- Clarity of accounting concepts

Key Competencies- Good verbal and written language skills- Ability to compile accounting information- Planning & prioritizing assigned tasks- Understanding of taxation (TDS/ GST), auditing, accounting- Concern for data quality, eye for details- Good documentation practices- Understanding of the process compliance parameters- Accountability

Fortrea is actively seeking motivated problem-solvers and creative thinkers who share our passion for overcoming barriers in clinical trials. Our unwavering commitment is to revolutionize the development process, ensuring the swift delivery of life-changing ideas and therapies to patients in need. Join our exceptional team and embrace a collaborative workspace where personal growth is nurtured, enabling you to make a meaningful global impact. For more information about Fortrea, visit


Fortrea is proud to be an Equal Opportunity Employer:
As an EOE/AA employer, Fortrea strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.

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