Black Box | Black Box | GL Accountant

4 days ago

bangalore, India Black Box Full time

Work Timings : 2 pm IST to 11 pm IST

Work Location : Manyata Embassy Park, Bangalore



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

• Ensuring VAT and intrastat transactions are properly accounted for and recorded. Preparing monthly tax calculations & schedules. Responsible for local VAT and Intrastat filings according to legally required timelines

• 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

• Additional responsibilities as assigned





Skills, Knowledge, Abilities



• 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

• Experience of Internal Controls (SOX)

• Drive to recommend and aid implementation of process improvement

• 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

• Fluency in English and in addition in either French, Spanish, Italian, German or Swedish, both orally and in writing

• Eagerness to learn and willingness to take on new challenges

• Ability to execute, and proactively follow up

• Ambition, and a strong desire for professional development



Education/Experience Requirements

• Minimum of 3 years of general ledger accounting experience, preferably within an international shared services environment. Additionally, at least 3 years’ experience with MS Dynamics or a similar ERP accounting system.

• Professional level of knowledge of modern accounting practices

• Should be a qualified CA

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