General Accounting Manager

14 hours ago

Pune, Maharashtra, India Mijas Consultants Full time ₹ 1,04,000 - ₹ 1,30,878 per year

General Accounting Manager (Month End Specialist)

Accounting - Balewadi, Pune (Hybrid)

Role Purpose: The General Accounting team focus on producing timely, accurate, and reliable financial information for key stakeholders across EXA. The General Accounting Manager will manage group-wide month end processes, ensuring compliance with all relevant internal and external accounting policies and procedures.

Key Responsibilities:

General Ledger Management:

  • Oversee the general ledger accounting process, including month-end close activities, journal entry preparation, account reconciliations, and financial statement preparation.
  • Ensure accuracy, completeness, and timeliness of general ledger transactions and balances across multiple entities and business units.

Multi-Currency Accounting:

  • Manage general ledger accounting in multiple currencies, including foreign currency translation, revaluation, and consolidation of financial results.
  • Monitor exchange rate fluctuations and assess their impact on financial statements, ensuring compliance with accounting standards and regulatory requirements.

Oracle Fusion or EBS Expertise:

  • Serve as the subject matter expert for Oracle Fusion or E-Business Suite (EBS) financial modules, providing guidance and support to finance team members on system functionalities, processes, and best practices.
  • Lead system implementations, upgrades, and enhancements related to general ledger and financial reporting modules.

Financial Reporting:

  • Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP and/or IFRS, ensuring accuracy, consistency, and compliance with regulatory requirements.
  • Provide analysis and insights on financial results, variances, and trends to senior management and stakeholders.

Internal Controls:

  • Develop and maintain effective internal controls over general ledger accounting processes to ensure data integrity, accuracy, and compliance with company policies and procedures.
  • Coordinate with internal and external auditors to support audits and address findings related to general ledger activities.

Process Improvement:

  • Identify opportunities to streamline and improve general ledger processes, systems, and controls, leveraging automation, technology solutions, and best practices to increase efficiency and effectiveness.
  • Implement process improvements and standardization initiatives to enhance the quality and reliability of financial reporting.

Team Leadership:

  • Provide leadership, guidance, and mentorship to the general accounting team, fostering a culture of accountability, continuous learning, and professional development.
  • Set performance goals and expectations, conduct performance evaluations, and provide feedback to team members to support their growth and success.

Individual Profile

  • Bachelor's degree in accounting, finance, or related field preferred.
  • Good experience in accounts payable or related accounting roll
  • Proficiency in using Oracle Fusion or similar ERP systems for invoice processing.
  • Strong attention to detail and accuracy in data entry and analysis.
  • Excellent organizational and time management skills to prioritize tasks and meet deadlines.
  • Effective communication skills to interact with vendors and internal stakeholders.
  • Ability to work independently and as part of a team in a fast-paced environment.
  • Knowledge of accounting principles and practices, including GAAP.
  • Experience with Microsoft Excel and other Office applications.
  • Problem-solving skills to identify issues and propose solutions.

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