Accounting Specialist

4 weeks ago


Bengaluru, Karnataka, India Microchip Technology Full time

Are you looking for a unique opportunity to contribute to a leading technology company? Microchip Technology, Inc. is seeking a skilled Accounting Specialist to join our team.

The ideal candidate will have experience in maintaining accounting books in Indian GAAP & US GAAP separately as per accounting requirements of respective GAAP. They will play an active role in the month, quarter and year-end close, ensuring all month-end activities are completed within the agreed time & of the highest quality.

The Accounting Specialist will be responsible for verifying and processing Employee reimbursement & Travel bills against HR Policies and accounting accordingly in ERP. They will also be involved in Day to Day vendor Invoice processing after ensuring required approvals are available.

The successful candidate will have experience in Fixed asset & Depreciation accounting, making an ageing report for release the payment to Vendors, Preparing Payment Forecast (Weekly/Monthly) for Budgeting, Clearing of Vendor balances and Keep track of employee advances, Amortization of prepaid expenses and expense provisions monthly, Accounts Payable General Ledger review, Knowledge & Experience of TDS /GST returns & statutory remittances, Bank Reconciliation, Debtors & Creditors reconciliation, To handle Internal Audit, Statutory Audit & Tax Audit with big four audit firms, and Any other duties as assigned by the Manager.

The ideal candidate will have a B.Com/ MBA Finance & Accounting / M.com degree and experience in any accounting ERP. Experience in STPI activities will be an added advantage.

We offer a dynamic work environment, opportunities for growth and development, and a competitive salary and benefits package.

Key Responsibilities:

  • Maintaining accounting books in Indian GAAP & US GAAP separately as per accounting requirements of respective GAAP
  • Playing an active role in the month, quarter and year-end close
  • Ensuring all month-end activities are completed within the agreed time & of the highest quality
  • Verifying and processing Employee reimbursement & Travel bills against HR Policies and accounting accordingly in ERP
  • Day to Day vendor Invoice processing after ensuring required approvals are available
  • Experience in Fixed asset & Depreciation accounting
  • Making an ageing report for release the payment to Vendors
  • Preparing Payment Forecast (Weekly/Monthly) for Budgeting
  • Clearing of Vendor balances and Keep track of employee advances
  • Amortization of prepaid expenses and expense provisions monthly
  • Accounts Payable General Ledger review
  • Knowledge & Experience of TDS /GST returns & statutory remittances
  • Bank Reconciliation, Debtors & Creditors reconciliation
  • To handle Internal Audit, Statutory Audit & Tax Audit with big four audit firms
  • Any other duties as assigned by the Manager

Requirements/Qualifications:

B.Com/ MBA Finance & Accounting / M.com degree and experience in any accounting ERP. Experience in STPI activities will be an added advantage.

Travel Time: 0% - 25%


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