Assistant Manager - US Accounting

Job Purpose
- To review and manage the delivery of Record To Report operations including Reconciliation, Month End Close, JE processing, Fixed Assets and Banking.
- To manage accounting of multiple clients.

- To train the process for new team members.

Main Accountabilities
Technical Knowledge:
- End-to-end understanding of Accounting processes (Sub-ledger - Ledger - Trial Balance - Financials - Reporting etc.)
- Sound understanding and application knowledge on accounting principles (Consistency, Conservatism, Accrual, Going Concern, Matching, Revenue Recognition)
- Understanding of complete RTR processes (See below for details).

- Financial reviews including variance analysis
- Good knowledge on excel skills, commonly used functionalities include (VLOOKUP, Pivots, If, Subtotals etc.)
- Knowledge of QuickBooks and Bill.com SAGE Intacct accounting software will be preferred.

Communication and Soft Skills: Role involves extensive communication with engagement team.

Requirements

Qualifications: B. Com., M.Com.

Qualities expected:
Ability to learn fast
Meticulous approach to work
Willingness to take initiative
Team player
Organizational and time management skills

Record to Report operations including the following:

• Posting monthly close prepaid & accrual journal entries
  


• Bank reconciliation statements
  


• Month end reconciliation of Balance Sheet account balances
  


• Fixed asset reconciliation & depreciation expense schedule
  


• Maintenance of Fixed asset register
  


• Monthly Financial reporting as per GAAP & IFRS
  


• Preparation of cash flow statements
  


• Comparison between actual Vs budgeted data
  


• Semi-annual financial reporting
  


• Segment wise reporting
  


• New Client onboarding process includes creating chart of Accounts, Transaction posting, QuickBooks file set up etc.
  


• Analytical review of P&L items