Job Code: TFT-FIN-271
Position Type: Full Time
Department: Finance
Location: Pune
CLIENT PROFILE
The client is a US based scale up organization, which focuses on product implementation and development. With presence in 6 countries, they are an Oracle Gold Certified Partner for product implementation in Banking, Payments, Capital Markets, Exchanges, Utilities, Healthcare, and Insurance industry verticals. They also works on Open-Source Technology Projects through various offerings like its Data Migration and Integration Hub, Data Analytics Platform, Test Automation Toolkit, Customer Self-service, and many more. With a highly experienced team in the field of Pricing, Billing & Revenue Management, prioritizes understanding client needs and industry best practices to approach any problem with insight and careful strategic planning. Each one of their Managing Partners have over 20 years of industry expertise and experience, our leadership and consulting team demonstrate our continued efficiency to serve our clients as a strategic partner especially for transforming ORMB and CC&B space.
Role and Responsibilities
- Responsible for day to day accounting operations based on accounting principles.
- Preparation of financial statements independently in accordance with US GAAP, IRFS, Accounting policies, Notes to accounts (including related party schedule/ disclosures, lease disclosure, FX exposure etc).
- Key role in managing Statutory/Internal audits, tax audit with Big 4 auditors within specified timelines. Independently plan, execute, monitor, PBC, facilitate timely flow of information to auditors from finance and all other relevant stakeholders in the company e.g. payroll.
- Consolidation of Group results, month end close as per checklist, scrutiny of accounts on wide ranging accounting aspects e.g. revenue recognition, monthly accruals, prepaid expenses, receivables and payables, deferred tax calculations, inter company recons, accruals of bonus/gratuity/leave encashment etc.
- Responsible for Transfer Pricing transactions, inter company invoicing, provisions, related reconciliations and compliances.
- Handing routine banking Activities, manage relationships with banks, manage vendor payment cycles and monitor/track collections.
- Cash Flow planning at group level.
- Responsible for preparation for Fixed Assets Register (FAR) and verification thereof.
- Providing data for tax filings - Direct and Indirect, Tax Returns, GST/ VAT.
- Overseeing all Labour law compliances.
- Work closely with MIS function of the company to consolidate and report monthly results.
Qualifications:
- Qualified CA/equivalent.
- Minimum 8-10 years of relevant experience.
Skills:
- Should possess advanced level of core accounting, MS Excel skills.
- Sound knowledge of revenue recognition principles.
- Good communication skills.
- IT services, consulting and cloud based SaaS Products industry background will be an added advantage. Candidates having prior experience with Big4 audit firms and managed IT services/SaaS product business audit will also be given a preference.
- Ability to work as an individual contributor.
- Conversant with working on various Accounting packages viz. Tally Prime, QuickBooks, Xero, Customized business-oriented ERP etc.
- Hands on experience on preparation of Consolidated balance sheet as per US GAAP, Schedule III and IFRS.
- Working knowledge of TDS rates and returns (withholding tax) and GST.
- Working Knowledge Income tax laws, Companies Act 2013, LLP Act etc.
Additional Notes
- Knowledge on Direct and Indirect Taxation.
CTC Range
45-50 Lpa