Sr Accountant

We are seeking a detail-oriented and experienced Senior Accountant to join our team in India, providing accounting and financial services to our global-based clients and operations. This role will involve managing complex financial reporting, ensuring compliance with both US GAAP and local financial regulations, handling cross-border taxation, and collaborating with international teams. The successful candidate will be expected to navigate various accounting standards, offering critical insights and ensuring seamless financial operations across multiple jurisdictions.

Please apply here - https://thinkwiseglobal.com/jobs/senior-accountant/

Key Responsibilities:

1. Financial Reporting & Analysis:

o Prepare and review monthly, quarterly, and annual financial statements for portfolio operations, ensuring compliance.

o Prepare accurate financial reports (Balance Sheet, P&L, Cash Flow) for stakeholders, focusing on providing insights into financial performance and variances.

o Conduct financial analysis, identifying trends, variances, and areas for cost control or profitability improvement. Example: Conducting variance analysis to explain fluctuations in revenue or expenses for operations.

2. Cross-Border Taxation & Compliance:

o Oversee the Indirect Tax filings for multiple jurisdictions.

o Advise on tax implications of cross-border transactions, ensuring efficient tax planning between jurisdictions and the US. Example: Structuring transactions in a way that minimizes tax liabilities while adhering to local regulations.

3. General Ledger & Accounting Operations:

o Maintain and oversee the general ledger for entities, ensuring proper recording and reconciliation of all transactions.

o Ensure that inter-company transactions are accurately recorded and reconciled in accordance with transfer pricing regulations.

4. Month-End/Year-End Closing:

o Supervise the month-end and year-end closing process, ensuring accurate reporting. This includes journal entries, accruals, depreciation, and tax provisions.

o Coordinate with external auditors to facilitate timely and smooth audit processes.

5. Budgeting and Forecasting:

o Assist in the preparation of annual budgets and quarterly forecasts for the entity, ensuring that financial projections align with standards and requirements.

o Perform variance analysis to track performance against budget and suggest corrective actions. Example: Identifying unexpected fluctuations in expenses and working with the management team to address them.

6. Internal Controls & Compliance:

o Develop and implement robust internal controls that align with statutory regulations, ensuring standards are consistently followed.

o Assist in audits (internal and external) and ensure that all financial data is in compliance with legal and regulatory requirements in both jurisdictions.

7. Process Improvement & Automation:

o Identify opportunities to improve accounting processes, including automation, better reporting, and enhanced data flow. Example:

Streamlining GST return preparation or adopting more efficient ERP tools.

o Recommend best practices for tax and financial compliance, leveraging technology for improved efficiency.

8. Ad-Hoc Financial Support:

o Support the finance team with any ad-hoc financial analysis or reporting requirements.

o Provide insights for decision-making, offering financial recommendations based on data-driven analysis.

? Education:

o Bachelors degree in Accounting, Finance, or related field.

o CA (Chartered Accountant) qualification preferred (India). Alternatively, CMA (Cost Management Accountant) or ICWA is acceptable.

o Additional qualifications like MBA (Finance) or post-graduate degrees are a plus.

? Experience:

o 5-7 years of accounting experience, with at least 3 years in a senior or supervisory role.

o Strong understanding of US Accounting Standards (US GAAP)

o Proficiency in Indirect tax compliance, Income Tax filing, and cross border taxation.

o Experience with accounting software (e.g., NetSuite, Tally, SAP, Oracle, Xero).

? Skills and Abilities:

o Knowledge of cross-border tax structures and transfer pricing.

o Ability to navigate compliance standards.

o Strong analytical skills and proficiency with financial reporting software and spreadsheets (Excel, Google Sheets).

o Strong communication skills to coordinate effectively with the team and stakeholders.

o Attention to detail and high level of accuracy in financial data.