Supervisor, Accounting

5 days ago

Chennai India KBR Engineering Inc Full time

Job Description Title: Supervisor, Accounting Job Title: Supervisor, Accounting Location: Chennai, Tamil Nadu Department: Finance Reports To: Finance Director Job Summary The Statutory Audit Coordinator will be responsible for managing the end-to-end statutory audit process, ensuring timely and accurate financial statement preparation, and coordinating effectively with external auditors and internal stakeholders. This role is critical to maintaining compliance with regulatory requirements and meeting audit deadlines. Key Responsibilities - Prepare and review financial statements in accordance with applicable accounting standards and statutory requirements. - Coordinate with external auditors to provide necessary documentation and clarifications. - Liaise with internal teams (tax, treasury, operations) to gather required information for audit purposes. - Ensure all audit schedules, reconciliations, and supporting documents are accurate and complete. - Monitor audit progress and proactively address issues to ensure completion on or before the due date. - Maintain compliance with local laws, regulations, and company policies. - Assist in implementing recommendations from audit findings to improve processes. - Prepare the tax audit schedule and coordinate with external auditors to complete the review on or before the due date. - Complete annual tax filing accurately and within statutory timelines. - Prepare transfer pricing documentation, review with auditors, and ensure timely TP filing. - Prepare advance tax workings, coordinate with tax consultants for review, and ensure timely deposit of advance tax. Required Qualifications - Bachelor's degree in Accounting, Finance, or related field and CA. - 7-10 years of experience in statutory audit or financial reporting. - Strong knowledge of Indian Accounting Standards (Ind AS) and Companies Act requirements. - Proficiency in MS Excel and ERP systems MSD, SAP - Excellent communication and stakeholder management skills. Preferred Skills - Experience working with Big 4 or large audit firms. - Ability to manage multiple priorities under tight deadlines. - Strong analytical and problem-solving skills. Key Performance Indicators (KPIs) Timely Completion of Audit - 100% statutory audits completed on or before regulatory due dates. Accuracy of Financial Statements - Zero material misstatements or audit qualifications. Audit Adjustments - Minimal adjustments required by auditors (target: 2% of total entries). Stakeholder Coordination Efficiency - All required information provided to auditors within agreed timelines. Compliance Score - Full adherence to Companies Act and Ind AS requirements. Process Improvement Implementation - Timely execution of audit recommendations within 30 days of closure.

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