Financial Specialist

3 days ago

Bellary, Karnataka, India beBeeAccountant Full time ₹ 15,04,445 - ₹ 21,96,444

Accounting Leadership Role

The primary responsibilities of this position are to ensure timely and accurate financial statements in accordance with applicable accounting standards, manage the revenue recognition process, perform detailed accounting research for technical questions/issues as they arise, and effectively lead staff. This role is instrumental in coordinating the annual audit and ensuring proper internal controls over financial reporting are in place.

Key Responsibilities:

  • Manage the month-end close process including the 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 includes reviewing new and existing revenue contracts to ensure proper revenue recognition
  • Work cross-functionally during the contract negotiation process by analyzing the impact of non-standard contract terms, communicating the revenue impact of such terms, and offering alternative structures
  • Participate in quarterly forecasting procedures and the annual budget process
  • Support the 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:

  • BS or BA in Accounting
  • CPA/CA Certification preferred

Preferred Qualifications:

  • Minimum of 7 years of financial and accounting experience with at least 2 years of supervisory experience
  • Minimum of 2 years of public accounting experience required

Skills/Knowledge:

  • Strong technical accounting background with a 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 the finance and non-finance team
  • Strong analytical and problem-solving skills
  • Highly effective communication skills (verbal and written)
  • Ability to work in a fast-paced environment, meet deadlines, multi-task efficiently and manage individuals
  • Detail oriented with a high level of ethics and integrity
  • Experience with accounting systems, Microsoft D365 Finance experience a Plus
  • Proficient in Microsoft Excel and have knowledge depth in complex functions/data analysis using tools such as V-Lookup, Pivot Tables, etc.

Work Environment/Physical Demands:

  • This role requires that one can sit and regularly type on a key board the majority of their work day
  • This position requires the ability to observe a computer screen for long periods of time to observe their own and others' work, as well as, in-coming and out-going communications via the computer and/or mobile devices.
  • The role necessitates the ability to listen and speak clearly to customers and other associates
  • The work environment is an open room with other associates and noise from others will be part of the regular workday

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