Accountant - General Ledger

• Should possess in depth knowledge of General Accounting and other related finance activities
• As a part of pre-closing activities, has to ensure all the transactions jobs related to bank, AR & AP and other financials are properly accounted completely processed accurately in the system
• Has to ensure all orders / projects are booked, and all checks have been followed to complete the revenue recognition process
• Perform reconciliations on monthly basis for all GL accounts and able to identify the variances
• Involved in processing Accruals required as per the policies and process followed
• Book reclass journal entries required to the relevant account code
• Book fixed journal entries on monthly or bi-monthly basis
• Book journals for Provisions for Doubtful debts, and should also perform Loss making adjustments based on the financial reports every month end
• Should have hands on experience on the financial reports and take required action as a part of rectification entries, cost reclass etc
• Perform Forex revaluations as per the SLA’s every month
• Run accounts receivable aging report and verify that total agrees with balance on trial balance
• Ensure all inventory related transactions are processed, Stock integrity issues have been resolved, Closely involved in Stock calculation, take adequate steps to clear stock obsolete items.
• Check for any unposted and transactions for the month and take required action
• Keep a close tab on accruals, Unbilled receivables etc and ensure those are cleared from the list on timely basis
• Identify fixed assets additions and disposals during a period and take required action
• All ad hoc journal entries related to opex & capex to be considered as a part of closing activities
• Ensure all Tax / Vat related activities are completed on monthly basis, and also to perform transfer pricing activities
• Accountable for tracking and recording the costs of newly acquired fixed assets
• Record fixed assets by creating and supervising a system of procedures, forms, and controls including depreciation rate & useful life of assets
• Check all tag numbers have been coded to all fixed assets on timely basis as per the process
• Involvement in updating the accounting policies related to fixed assets on timely basis
• Monitoring closely the disposals related to fixed assets and take required action involving management team on regular basis
• Post depreciation on monthly basis as per accounting guidelines
• Track the project’s cost in Fixed assets accounts and close out those assets account once the projects or milestones are achieved
• Review the fixed assets schedule and depreciation on monthly basis
• Perform reconciliations of Fixed Assets to GL on monthly basis and take required action for any variances / deviations observed
• Closely monitor the fixed assets accounting every month and work on reclass entries if needed
• Should be able to identify if the Purchase orders, costs are incorrectly coded to wrong account codes.
• Perform asset retirement obligation calculations for ARO applicable assets
• Perform asset retirement obligation calculations for ARO applicable assets
• Opening and closing of financial period once all the financial transactions & journals have been posted
• Should be involved in the post closing activities like MIS Reporting, Perform Mass allocations, identify variances in GL accounts
• Perform all cash and bank transactions on daily basis as per the SLA’s
• Post all bank transactions manually or through automated tool (BCM)
• Monitor and reconcile bank accounts on timely basis
• Perform daily / Month end reconciliations and process required journal posting during month end closing
• Perform quality and control reviews of Cash and Bank accounting transactions getting processed
• Work closely with the treasury teams and monitor in flow and out flow of cash / bank transactions on timely basis
• Disclose the Cash flow statement to the management as a part of month end activities
• Closely monitor any unidentified transactions in the bank statement and take required action to clear such unidentified items
• Perform reconciliation of Bank to GL accounts on monthly basis and identify variances if any
• Maintain the accounting procedures and policies as agreed while performing wire transfers, cheque payments etc
• Ensure ageing of interim accounts like Payment in transit should be <30 days

Skillsets:

• At least 4-6 years of experience in GL teams of a Shared services set-up preferably
• Possess strong knowledge of GAAP, IFRS (Preferred to have)
• Conceptually sound in the financial activities & Accounting and General Ledger
• Good Analytical skills
• Good verbal and written communication skills
• Attention to detail approach with logical thinking
• Proactive approach and active involvement in driving process improvements, automations if any
• Displays the ability to multitask and handle multiple issues at the same time without stress
• Should be good team player as he / she will be aligned with within the team based on the business requirements particularly during month ends / quarter ends
• Proficiency in MS Office -  Word/ Excel/PPT
• Good to have knowledge on Blackline tool