Financial Operations Manager

Job Title: Financial Operations Manager

This position involves overseeing financial operations for a legal entity, ensuring accurate and timely execution of accounting principles and company policies. The role requires strong technical skills, leadership abilities, and effective communication with team members.

• Own and drive month-end and quarter-end close processes for a legal entity, with experience in end-to-end ledger accounts finalization as per IFRS/Ind AS standards.
• Lead local statutory audits, preparing statutory financial statements in compliance with Ind-AS. Candidates will need work experience in Ind-AS/IFRS.
• Assess risks over accounts and areas of responsibility, applying judgment to ensure financial integrity of accounting entries, accruals, and account reconciliations.
• Prepare journal entries and maintain account reconciliations consistent with GAAP and corporate accounting policies to meet close timelines.
• Research and document company positions on technical accounting issues, communicating effectively with business partners and preparing courses of action by various teams to address risks/issues.
• In partnership with the Internal Controls team, ensure robust internal controls of subsidiaries and comply with company policy, leveraging experience with the organization's internal control framework to coordinate ICFR audits and resolve any audit issues.
• Support compliance and improve processes and internal controls in the area of responsibility, implementing simple workflows where needed.
• Stay current on evolving Accounting Standards pronouncements and updates under prevailing regulatory bodies in the region.
• Apply professional skepticism and an inquisitive approach to review and analyze general ledger, books of accounts, and statutory financial statements for appropriateness and reasonableness of applied accounting principles.
• Lead and coordinate with various internal stakeholders to complete Internal, ICFR, Interim, and Statutory Audits or any other audits from time to time.
• Own compliance activities in accounting, company secretarial, banking, and related regulatory compliances, working closely with the global CAO organization and cross-functional teams to ensure effective compliance with policies and procedures.

• Preparation of tax calculations, estimates, and reports, accruals, and advance tax computations.
• Ensure timely and accurate filing of all corporate tax and GST returns for Intuit India entities.
• Support Tax Teams in managing India tax matters and regional initiatives.
• Support preparation of FIN-48, US Corp tax provision computation, support statutory, tax, and GST audits of the entity.
• Liaise with tax consultants in effective and on-time filing of replies to various notices, orders of direct tax assessments.
• Preparation of information and coordination with external consultants for representation to Tax authorities and support tax litigation matters.
• Prepare current and deferred tax provisions for US GAAP purposes.
• Supporting India Teams in internal tax advisory services and support on business operations.
• Reviewing checklists of statutory compliance under direct and indirect tax and ensure that compliance of the same are submitted on time.

• Degree in Accountancy, with mandatory CA/CPA qualification and 4-6 years of post-qualification experience in accounting, book close process, direct, and indirect tax compliances of a company.
• Experience in end-to-end legal entity level accounts finalization as per IFRS/Ind AS accounting standards.
• Excellent knowledge of tax accounting, withholding tax, regular tax compliance, transfer pricing, CbyC report, GST, and other tax compliances.
• In-depth understanding of Generally Accepted Accounting Principles (GAAP) and Ind-AS.
• Analytical thinker who can identify and implement effective process improvements.
• Experience in general ledger accounting/review, month-end/year-end close process, statutory financial statements preparation in a public accounting or large public company.
• Proficiency with accounting software and experience with a software system – preferably experience in Oracle R12.
• Strong attention to detail, excellent analytical and multitasking skills, strong written and oral communication skills.
• Technically strong with solid knowledge and experience in Direct and Indirect tax compliance including compliances related intercompany transactions.
• Mature, proactive, resourceful, and takes initiative in responsibilities, independent worker who can deliver with minimal supervision.

The ideal candidate should possess a strong background in accounting, finance, and taxation, with excellent analytical and problem-solving skills. Experience in managing financial operations, leading teams, and ensuring compliance with regulatory requirements is highly desirable.