Financial Reporting Specialist
17 hours ago
We are seeking a highly skilled and motivated Financial Reporting Specialist to join our finance team in Mohali. The ideal candidate will have a minimum of 2 years of experience in financial accounting and reporting processes, with a focus on end-to-end R2R activities.
This role involves the timely and accurate preparation of financial statements, month-end and year-end close processes, reconciliation activities, and supporting audits. As an End-to-End Accounting Professional, you will collaborate with other teams to ensure compliance with internal controls and accounting policies.
Key Responsibilities:
- Month-end & Year-end Closing: Assist in the end-to-end month-end and year-end closing activities, ensuring accuracy, completeness, and timely reporting of financial data.
- Journal Entries & Adjustments: Process and review journal entries, post necessary adjustments, and ensure proper documentation for financial reporting.
- Account Reconciliation: Prepare and review balance sheet reconciliations and other general ledger accounts, ensuring compliance with accounting standards.
- Financial Reporting: Assist in the preparation of monthly, quarterly, and annual financial statements, ensuring compliance with statutory requirements and company policies.
- Compliance & Controls: Ensure adherence to internal controls, accounting policies, and SOX compliance during financial reporting processes.
- Variance Analysis: Perform variance analysis and report on key financial trends, explaining discrepancies and providing insights to management.
- Audit Support: Support external auditors during audits, providing necessary documentation and resolving audit queries related to R2R activities.
- Continuous Process Improvement: Identify opportunities for process improvements in R2R and contribute to the implementation of automation or efficiency improvements.
Qualifications and Requirements:
- Educational Background: Bachelor's degree in Finance, Accounting, or related field (CA Inter, CMA, or equivalent is a plus).
- Experience: Minimum 2 years of experience in a Record to Report (R2R) role, with strong exposure to financial accounting and reporting processes.
- Technical Skills: Proficient in Microsoft Excel (advanced level), experience with ERP systems (SAP, Oracle, etc.) is highly preferred.
- Knowledge: Strong understanding of accounting principles (GAAP/IFRS) and financial reporting standards.
- Analytical Skills: Excellent analytical and problem-solving skills, with the ability to perform financial analysis and make data-driven decisions.
- Communication Skills: Strong written and verbal communication skills, with the ability to interact effectively with cross-functional teams and management.
- Attention to Detail: High level of attention to detail, accuracy, and organizational skills.
- Team Player: Ability to work in a collaborative environment and contribute to team success.
We offer a competitive salary of ₹800,000 per annum, along with a benefits package that includes health insurance, retirement plans, and paid time off. Our dynamic work culture prioritizes professional development, collaboration, and continuous learning. Join Xpheno as a Financial Reporting Specialist and embark on an exciting career journey with endless opportunities for growth and advancement.
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