Management Trainee-Corporate Reporting

RAIN; Hyderabad; On-site; INR 350,000 - 500,000; Full time

Job summary

RAIN in Hyderabad seeks a Management Trainee in Corporate Reporting to support the preparation of standalone financial statements for subsidiaries under IndAS and US GAAP, with exposure to consolidation work. You will prepare schedules and workings for standalone and consolidated financials, manage intercompany reconciliations, assist auditors and ensure compliance with external reporting obligations, while gaining hands-on experience in ERP-enabled group accounting.

Qualifications

• Qualified Chartered Accountant
• 0–2 years of experience
• Strong knowledge of Indian accounting standards (IndAS)
• Awareness on US Accounting standards (US GAAP)
• Experience with Big4 audit firms or in manufacturing industry
• Excellent computer skills with Microsoft Office applications

Responsibilities

• Preparation of standalone financial statements for subsidiaries under IndAS & USGAAP.
• Assist in preparation of consolidated financial statements of the Group.
• Preparation of schedules and associated workings for standalone/consolidated financials.
• Preparation of intercompany reconciliation/elimination files for consolidation tool.
• Assist in ensuring compliance with external reporting obligations.
• Work with external/internal auditors to provide requested information and support audits.

Skills

IndAS knowledge

US GAAP awareness

Big4/audit or manufacturing experience

MS Office proficiency

Verbal and written communication

Education

Chartered Accountant

Tools

SAP

Job description

Job Title / Position-Management Trainee

Department-Corporate Reporting

Reporting to-AGM Corporate Reporting

Job Profile / Duties and Responsibilities:

KPIs:

• Preparation of standalone financial statements for subsidiaries periodically under IndAS & USGAAP
• Assist in preparation of consolidated financial statement of the Group periodically

Other Responsibilities

• Preparation of various schedules and associated workings for completion of standalone/consolidated financials
• Preparation of intercompany reconciliation/elimination files for upload in consolidation tool
• Assist in ensuring compliance with various external reporting obligations.
• Work with external/internal auditors to provide requested information and ensure smooth conclusion of audits

Required qualification

Qualifies Chartered Accountant

Length of overall experience

0 to 2 Years of Experience

Must to have Skills

• Strong knowledge of Indian accounting standards (IndAS)
• Awareness on US Accounting standards (USGAAP)


• Work experience (pre/post qualification) with either any Big5 audit firms or in manufacturing industry


• Excellent computer skills with Microsoft Office applications

Good to have Skills

• Working knowledge of ERP systems (e.g. SAP etc)

• Excellent Verbal and Written Communication Skills

Good to have Skills

• Strong organization and time management skills with ability to handle multiple assignments.