Major Responsibilities
- Financial Reporting & Accounting Operations
- Accounting under India GAAP and in line with global practices (US GAAP/IFRS).
- Integrate India’s financial transactions directly into Lightcast’s global consolidated accounting system; eliminate spreadsheet-based data transfer.
- Ensure accurate and timely monthly and annual reporting of income, balance sheet, and cash flow statements.
- Lead the monthly closing process in collaboration with the US Finance team.
- Oversee invoicing, journal entries, and reconciliations.
- Treasury & Intercompany Transactions
- Manage local treasury operations in coordination with the global team.
- Oversee and execute quarterly cash transfers, ensuring appropriate cash flow planning and controls.
- Own the India side of intercompany agreements; manage intercompany billing, reconciliations, and related documentation.
- Audit, Taxation & Compliance
- Lead India’s statutory audit process and manage the audit firm relationship.
- Build and scale the India finance team to handle reimbursements, capitalization entries, and monthly closings for India and group entities.
- Ensure timely and accurate submissions, returns, assessments, appeals, and related activities under applicable statutory regulations.
- Ensure compliance with Income Tax (including Transfer Pricing), GST, Customs Act, RBI regulations, SEZ/STPI, Companies Act (including secretarial responsibilities), labor laws, and other applicable regulations.
- Liaise with external partners (e.g., E&Y, tax firms) to maintain compliance and resolve tax matters.
- Take tax positions in line with legal provisions and within the organization’s risk appetite, in consultation with the group tax team.
- Budgeting, Forecasting & Cost Accounting
- Lead annual budgeting and quarterly reforecasting exercises for the India entity.
- Develop and manage local cost structures and support cost accounting models, including project costing and value tracking.
- Serve as a business partner to functional leads in India to support financial planning and decision-making.
- Payroll & Internal Systems
- Resolve all the queries of the employees related to payroll.
- Improve internal controls, system integrity, and reporting efficiencies.
- Strategic Partnership & Finance Expansion
- Serve as a finance business partner as we expand sales and personnel presence in India.
- Build and scale the finance team in India to handle operations such as reimbursements, capitalization entries, and monthly closings.
- Collaborate with engineering leadership to educate teams on software capitalization accounting practices.
Education and Experience
- Chartered Accountant (CA) or equivalent; CPA/ICWA/ACCA is a plus.
- 12–15 years of progressive experience in finance, accounting, and compliance, with at least 5 years in a leadership role.
- Experience working in a global organization with intercompany operations and US GAAP/IFRS compliance.
- Deep understanding of Indian taxation, labour laws, GST, and statutory requirements.
- Strong grasp of accounting systems; prior experience in ERP/cloud-based financial systems.
- Excellent interpersonal and leadership skills to work across geographies and functions.