IN_Specialist 3_Financial Reporting_CMAAS_Assurance_Bangalore

Job Description & Summary:  

About Assurance services:  

The Firm's Assurance Services provides assurance on the financial performance and operations of a client’s business, helps businesses improve external financial reporting and adapt to new regulatory requirements as per state laws/international standards. The Assurance group can also help organizations report externally on non-financial information, strengthen its corporate governance procedures, and achieve social and economic goals related to corporate sustainability. Financial audits provide an independent opinion on a company's financial report and are a critical element in the capital markets system.  

ABOUT CMAAS:  

Capital Market and Accounting Advisory Services is a dedicated global team of professionals that provides high-value advisory services under IFRS, Indian GAAP and Ind AS along with capital markets services. 

Responsibilities: 

Roles & Responsibilities (essential functions and responsibilities of the job): 

• Manage day-to-day GL accounting operations, ensuring accurate and timely financial 
  reporting. 

• Manage Accounts Receivable (AR) and Accounts Payable (AP) functions, ensuring 
  accurate and timely processing of transactions and reconciliations. 

• Support Record to Report (R2R) processes, including financial reporting, variance 
  analysis, and compliance with accounting standards. 

• Prepare and review journal entries, reconciliations, and variance analysis for multiple 
  entities. 

• Collaborate with cross-functional teams to ensure compliance with accounting policies 
  and procedures. 

• Assist in month-end and year-end close processes, including accruals and adjustments. 

• Support external audit processes by providing necessary documentation and explanations. 

• Utilize SAP and other accounting software systems effectively to streamline processes 
  and enhance efficiency. 

• Participate in ad-hoc projects and initiatives to improve accounting processes and 
  reporting. 

Mandatory skill sets: 

• Bachelor’s degree in Accounting, Finance, or related field (B.Com, M.com, MBA). 

• 1-2 years of hands-on experience in Accounting & Book keeping 

• Proficiency in any ERP system is essential. 

• Strong understanding of accounting principles and financial reporting standards. 

• Excellent analytical skills with attention to detail. 

• Ability to work effectively both independently and as part of a team. 

• Strong communication skills with the ability to interact with stakeholders at all levels. 

Preferred skill sets: 

Overview of tax compliance (GST, TDS, etc) 

Years of experience required: 

• 1-2 years 

Education qualification: 

• Graduate (Finance)