S&C Analyst

4 weeks ago


Mumbai, Maharashtra, India LRQA Full time

Job Summary

The S&C Analyst will support the Review of Monthly Trail balance with Critical / Key Ledger analysis with Balance sheet reconciliations for the Country responsibility assigned by S & C regional Lead / GPO/ Finance controller. This role will also be actively involved in the Local Financial statement's preparation and Audits. The successful candidate will coordinate and provide accurate data to the global outsourced provider, respond to queries, resolve issues and reviews documents that are prepared by the outsourced provider before sign-off and filing. Additionally, this role will support in management of local statutory invoicing outside of the Group's ERP system.

Key Responsibilities

  • Monthly review and analysis of Country Trial Balance: The S&C Analyst will review the Country Trial Balance for one or more allocated countries (for Group/ Local set of books) and take corrective action for rectification if any within the monthly timelines. The role will also present to Management the observations and improvements needed in the process at periodic intervals.
  • Compliance Activities: The S&C Analyst will take responsibility for the timely and accurate accounting and reporting in Group set of books (and wherever applicable Local set of books ) and /or local accounting, reporting, taxation and other activities necessary to comply with applicable national and international entity requirements including country level statistical reporting to Government/ local bodies/ any other Institution.
  • Liaise with outsourced providers: The S&C Analyst will support in Review of output of the outsourced provider (financial statements and other filings) for sign-off by the SME/Area Lead.
  • Process improvement support: The S&C Analyst will help identify process improvement opportunities and participate in continuous improvement, Global programmes, and change projects.
  • Provide support in Coordinating Group /local audits: The S&C Analyst will support in ensuring that deliverables are provided by relevant internal parties to ensure that audits are closed timely. The role will also work with the Global S & C Analysts on identifying common data issues, root cause analysis and resolution.
  • Other Support: The S&C Analyst will support in Performing any local compliance activities for the country/ allocated countries that are not performed by the Global outsourced provider and /or SSC Infosys team.
  • Delivering High Standards of Documentation and record keeping: The S&C Analyst will maintain Clear documentation and record keeping both in line with LRQA standards and local requirements.
  • Manage tax and audit risk: The S&C Analyst will assist in the development of standard processes with outsourced provider for taxation audits and help in speedy resolution on minimising tax penalties wherever possible. The role will also support in aligning Group Tax policy, in implementing structures to reduce entity cash tax expense and effective tax rates as required.
  • Area/ Country specific requirements: The S&C Analyst will coordinate and arrange to get the compliance documents prepared/received in local language, translated to English and adapt learning of local language for better understanding of such compliance matter.

Requirements

  • Professional qualification like CA/CPA/ACCA or local equivalent courses.
  • Years professional accounting experience and managing Statutory audits independently.
  • Standard working knowledge of English and preferably one or more local languages.
  • Experience with auditors and working in an SSC environment.
  • Knowledge of local compliance requirements for tax, accounting and reporting and willingness to understand Global requirements on compliance.
  • Able to demonstrate an understanding of how to maintain a strong control framework.
  • Experience in ERP is essential and knowledge of ByD is added advantage.
  • Knowledge of Microsoft office – Excel , Word and Power point with advance technique is desirable.

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