Senior Accountant

Nibav Lifts; Chennai District; On-site; INR 2,800,000 - 5,000,000; Full time

Job summary

Nibav Lifts in Chennai seeks an experienced Finance & Accounts professional to manage month-end closings, reconciliations, and financial reporting. You will handle intercompany accounting, fixed assets, depreciation, and compliance duties, ensuring accuracy and timely deliveries.

You will collaborate with multiple teams, drive process improvements, and support audits. The role requires strong Excel, ERP experience, and a detail-oriented, analytical mindset with leadership capabilities.

Qualifications

• Strong knowledge of accounting and financial reporting principles.
• Experience with computerized accounting/ERP systems.
• Advanced proficiency in Microsoft Excel for financial analysis and reporting.
• Ability to analyze financial data, identify discrepancies, and propose solutions.
• Experience with month-end closing, intercompany accounting, and fixed asset management.

Responsibilities

• Perform monthly and quarterly account reconciliations to ensure accuracy of financial records and ledger maintenance.
• Handle and maintain records relating to customs duties, overseas payments, and related transactions.
• Review intercompany transactions and raise/generate invoices wherever required.
• Coordinate with respective accounting teams to resolve transaction and variance-related issues during the month-end closing process.
• Support the Finance team in achieving an accurate and timely month-end close.
• Assist in the preparation and presentation of monthly financial reports to management.
• Assist in the preparation and monitoring of budgets and financial plans.
• Develop and monitor controls, procedures, and documentation for fixed asset management.
• Assign and maintain fixed asset tag numbers.
• Record fixed asset acquisitions, transfers, and disposals in the accounting system.
• Calculate and record monthly depreciation for all fixed assets.
• Prepare the monthly depreciation schedule as per the Income Tax Act and the fixed asset schedule forming part of the Balance Sheet.
• Support internal and statutory audit requirements by providing relevant schedules, reconciliations, and supporting documents.
• Identify opportunities for improving financial reporting, reconciliation, and accounting processes.

Skills

Accounting principles

ERP systems

Advanced Excel

Analytical skills

Teamwork

Attention to detail

Deadline-driven

Education

MBA / CMA Inter/ CA Inter

34 years relevant industry experience

Job description

Key Responsibilities

• Perform monthly and quarterly account reconciliations to ensure accuracy of financial records and proper ledger maintenance.
• Handle and maintain records relating to customs duties, overseas payments, and related transactions.
• Review intercompany transactions and raise/generate invoices wherever required.
• Coordinate with respective accounting teams to resolve transaction and variance-related issues during the month-end closing process.
• Support the Finance team in achieving an accurate and timely month-end close.
• Assist in the preparation and presentation of monthly financial reports to management.
• Assist in the preparation and monitoring of budgets and financial plans.
• Develop and monitor appropriate controls, procedures, and documentation for fixed asset management.
• Assign and maintain fixed asset tag numbers.
• Record fixed asset acquisitions, transfers, and disposals in the accounting system.
• Calculate and record monthly depreciation for all fixed assets.
• Prepare the monthly depreciation schedule as per the Income Tax Act and the fixed asset schedule forming part of the Balance Sheet.
• Support internal and statutory audit requirements by providing relevant schedules, reconciliations, and supporting documents.
• Identify opportunities for improving financial reporting, reconciliation, and accounting processes.

Key Skills & Competencies

• Strong knowledge of accounting and financial reporting principles.
• Experience with computerized accounting/ERP systems.
• Advanced proficiency in Microsoft Excel, including financial analysis and reporting.
• Strong analytical and problem-solving skills.
• Good understanding of reconciliations and month-end closing processes.
• Ability to analyse financial data and identify discrepancies and variances.
• Good communication and coordination skills.
• Ability to work effectively in a team-oriented environment.
• Strong attention to detail and accuracy.
• Ability to manage multiple priorities and meet reporting deadlines.

Educational Qualification

• MBA / CMA Inter/ CA Inter or equivalent qualification.
• 34 years of relevant industry experience in Finance & Accounts.

Preferred Experience

Experience in the following areas will be an added advantage:

• Month-end and year-end financial closing
• Management reporting and financial analysis
• Intercompany accounting
• Customs duty and overseas payments
• Fixed asset accounting and depreciation
• Budgeting and variance analysis
• Audit coordination and compliance