Senior Financial Accountant

1 day ago

Solapur, Maharashtra, India beBeeAccounting Full time
Financial Accountant Position

The primary responsibility of this role is to oversee the financial management of designated legal entities in the APAC region. Under the direction of the Finance Manager, the Financial Accountant will be responsible for ensuring all monthly financial accounting aspects are accurately captured and recognized for both local and US reporting needs.

Key Responsibilities:
  • Monthly Accounting Process
    • Accurately post month-end accruals and prepayments to ensure all costs are properly captured and recognized for local and US reporting needs.
    • Set up and input bank transactions into the ledger as journals.
    • Produce daily cash reports for all APAC businesses.
    • Review daily cash requirements for the APAC entities, ensuring adequate funding arrangements are in place.
    • Set up and post monthly journals for items such as depreciation and update supporting spreadsheets.
    • Certain Treasury functions including making payments, settling intercompany invoices, and maintaining an appropriate but not excessive level of cash in local bank accounts at all times.
  • Reporting and Analysis
    • Produce trial balances for relevant countries to meet month-end close US reporting deadlines.
    • Provide management information for UK and local needs as required.
    • P&L review, Flux analysis, and input to cost control as needed.
  • Audit and Compliance
    • Work with the Finance Manager, local advisors, and other team members to ensure year-end audit, statutory accounts, and tax returns are filed on time.
    • Perform monthly balance sheet reconciliation of control accounts, bank accounts, and all asset debtor and creditor accounts on time based on risk category.
    • Liaise with other Finance team members within the APAC region and overseas to ensure the integrity of accounts.
    • VAT and other local statutory and tax reporting.
    • Ensure Group Finance policies and procedures are adhered to and consistently applied.
  • Operational Support
    • Act as a key Finance contact for operational managers and local employees of relevant countries.
    Required Skills and Qualifications:
    • Must be a qualified Chartered Accountant.
    • Should have 1-2+ years' experience working for a multinational corporation with regional accounting responsibilities.
    • Experienced with accounting systems, preferably Oracle, reporting, and reconciliation requirements.
    • Strong knowledge of US GAAP.
    • Strong Excel skills – at least intermediate level. Hyperion experience desirable.
    • Good organizational, communication, and interpersonal skills.
    • Ability to communicate effectively when working with colleagues/clients in other countries.
    • Excellent written and oral English capabilities.

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