Accountant III

2 weeks ago

Hyderabad, Telangana, India Regal Rexnord Corporation Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Description: Financial Analyst is a crucial member of the Finance team, responsible for preparation of Revenue Module, MIS, Various Cost Analysis, Handling GST related works, Various Audits, Statutory Compliances etc.. Job Description (JD):  Billing cum Revenue Recognition  Collection, Dues, Customer Aging, Bank Realization Certificate  Prepare MIS with all details as per prescribed format  Monthly book closing with detailed root cause analysis of variances vs budgets/estimates.  Monitoring monthly budgets, expenses & Focus on Cost Center Accounting  Preparation Various Cross Functional Data  Statutory Compliances  Handling Statutory Audit, PT Audit, Internal Audit  Handling Independently all GST related worksincluding GSTR1, GST Reco, GSTR 3B, GST Audit, Scrutiny, Notices etc.  ManageGST compliance activitiesfor clients, ensuring adherence to regulatory requirements.  Prepare and file GST returns accurately and in a timely manner.  Conduct GST audits and reviewsto ensure compliance with laws and regulations.  Stay updated on changes in GST laws and regulations and communicate relevant updates to clients.  Assist in resolving GST-related queries and disputes with tax authorities.  Collaborate with internal teamsto streamline GST processes and ensure accuracy in reporting.  PrepareGST reconciliations and reportsfor management review.  Maintain documentation and recordsrelated to GST compliance activities.  Assist in TDS management including deduction, deposit,  Support in the finalization of accounts, preparation of financial statements, and other accounting tasks as assigned  Provide assistance during audits and ensure compliance with accounting standards and regulatory requirements  Assist in the implementation of accounting policies and procedures to improve efficiency and accuracy  Finalizes Financial Statement & manages Stat Audit, Tax Audit & Transfer Pricing Audit. Prepares audit plan & handles audit assignments independently.  Complies with the accounting standards with hands-on work done on IND-AS, with emphasis on compliance with Corp'sinternal policies as well.  Perform other related duties and responsibilities as assigned  Catersto daily financial activitiesrelated to general accounting matter

About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit

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