GL Accountant / Sr. GL Accountant

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Snowflake is looking to hire a Senior GL Accountant to be a part of its world class Accounting and Finance Organization. The position requires a well-rounded individual who has demonstrated the ability to deliver results in a high-growth, dynamic, and fast-paced environment. You are versatile, analytical, motivated, creative, intellectually curious, a strong communicator and collaborator. You will work on areas of Prepaid, PO and non-PO based accruals, Fixed Assets, and Intangible, projects accounting, accounting for CCA, support IDS accounting. To be successful in this role you should have a clear understanding of general accounting principles for the above areas. Furthermore, working knowledge of a global ERP system is beneficial. The primary duties of this position are project accounting for acquired entities, recording accruals, reviewing purchase requisitions and invoices, prepaid amortization, net down of prepaid, review of prepaid items for proper classification, accounting for Fixed Assets, performing the month-end and quarter-end close processes. This role also requires monthly reconciliations and audit support. You will also be required to maintain effective internal controls and ensure accounting activities are US GAAP compliant. Additionally, there will be ad-hoc projects to help streamline and update the processes and reporting.

RESPONSIBILITIES: Responsible for end-to-end accounting of any of the below assigned areas.

FIXED ASSET ACCOUNTING:

• Support accounting for fixed assets (addition, depreciation, retirement) per accounting policy and in compliance with US GAAP and close calendar timelines.
• Review CWIP and select opex accounts and ascertain capitalization.
• Knowledge about accounting for Leasehold improvements, Asset Retirement obligations, a fair understanding of CCAs (ASU 2018–15), Internally Developed Software and ASC 842 and would be a plus.

RESPONSIBILITIES – Prepaid

• Review Opex and prepaid lines capitalization classification.
• Prepare and enter journal entries for amortization, correction, and classification of prepaid items.
• Identify and process entries for transactions that qualify as prepaid expenses.
• Book monthly/Quarterly prepaid net down and LT/ST reclass entries.
• Prepare schedule for prepaid expenses.

RESPONSIBILITIES – Accruals

• PO and non-PO accrual booking during close.
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• Contra revenue accruals for partners and rebates
• Recons and flux for accruals
• COGS accruals including cloud costs.

RESPONSIBILITIES – Cash Accounting and Investment accounting

RESPONSIBILITIES – Month close

• Prepare balance sheet reconciliations for all the accounts related to assigned areas.
• Track open items in the Balance Sheet Accounts and work with stakeholders to resolve them in a timely manner.
• Deep dive and explain significant movements in account balances by way of a commentary (Balance sheet Flux)
• Provide the required support for external, internal and SOX audits, process walkthroughs and workflows as and when required (primarily during quarter and year end audits)
• Work with cross functional teams to identify problems and process gaps and propose reasonable and creative solutions to improve processes including opportunities for automating manual processes or activities within a process.
• Create process documentation, namely Standard Operating Procedures (SOP) and update them at regular intervals in consultation with relevant stakeholders.
• Provide the required support for external, internal and SOX audits, process walkthroughs and workflows as and when required (primarily during quarter and year end audits)
• Adhere to the accounting and reporting deadlines as described in the monthly closing calendar.
• Support admin responsibilities for our reconciliation tool i.e., FloQast.

REQUIREMENTS

• Accounting Technician (ICAI) / CA Inter, CA/CPA/CMA
• CA Inter with 6 - 10 years’ experience with a multinational company or CA with 4 plus years’ experience in GBS/SSC. Experience of working in an Information Technology Company will be desirable.
• Required to work shifts to overlap with US time zones on critical days of month / quarter / year end close.
• Regular working hours 2 PM to 11PM (currently hybrid in office on Tuesday, Wednesday, and Thursday)
• Hands-on experience of Workday ERP is preferred.
• Working Knowledge on reconciliation tool would be a plus.
• Hands-on experience on MS office / office 365, (Excel, Word etc.). A good command of Excel is required.
• Proactive and problem-solving attitude
• Good command on English speaking and writing.
• Effective communication and interpersonal skills
• Adapts quickly to changes in a dynamic organizational structure and business processes.
• Ability to meet tight deadlines.
• Is a collaborator.