Financial Controller

4 days ago

Vellore, Tamil Nadu, India beBeeAccountant Full time ₹ 17,40,000 - ₹ 23,45,000
Job Title: Financial Manager

The primary responsibilities of the Accounting Manager are to ensure timely and accurate financial statements in accordance with applicable accounting standards. This includes managing the revenue recognition process, performing detailed accounting research for technical questions/issues as they arise, and effectively managing and leading staff.

Main Responsibilities:
  • Manage month-end close process, including accurate and timely recording of income, expenses, and changes in assets and liabilities on a monthly basis in accordance with IFRS requirements.
  • Review and approve journal entries and monthly balance sheet reconciliations.
  • Prepare monthly balance sheet and income statement trend analyses for management.
  • Prepare quarterly lender compliance package.
  • Ensure overall technical accounting compliance, including monitoring relevant IFRS and US GAAP developments to ensure accounting policies and procedures comply with current standards.
  • Serve as an internal technical accounting expert, which includes performing research and preparing technical accounting memos, and also reviewing new and existing revenue contracts to ensure proper revenue recognition.
  • Work cross-functionally during contract negotiation process by analyzing impact of non-standard contract terms, communicating revenue impact, and offering alternative structures.
  • Participate in quarterly forecasting procedures and annual budget process.
  • Support annual audit and quarterly reviews, provide supporting analysis and technical accounting memos.
  • Provide training sessions and keep business partners abreast of developments in accounting and revenue recognition.
  • Develop and/or improve existing policies, procedures, and controls.
Requirements:
  • Bachelor's degree in Accounting or related field.
  • CPA/CA certification preferred.
  • Minimum 7 years of financial and accounting experience, with at least 2 years of supervisory experience.
  • Minimum 2 years of public accounting experience required.
Key Skills:
  • Strong technical accounting background with thorough knowledge of both IFRS and US GAAP, including experience with technical research and preparation of accounting memorandums.
  • Software revenue recognition a plus.
  • Ability to clearly and concisely document and effectively communicate complex accounting and reporting issues to finance and non-finance team.
  • Strong analytical and problem-solving skills.
  • Highly effective communication skills (verbal and written).
  • Ability to work in fast-paced environment, meet deadlines, multi-task efficiently, and manage individuals.
  • Detail oriented with high level of ethics and integrity.
  • Experience with accounting systems, Microsoft D365 Finance experience a plus.
  • Proficient in Microsoft Excel, with knowledge depth in complex functions/data analysis using tools such as V-Lookup, Pivot Tables, etc.

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