Senior Accountant - R2R

V.Group; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

V.Group in Mumbai is seeking an experienced GL accountant to perform journal entries, accruals, prepayments, intercompany reconciliations and month-end close activities. You will support consolidation, financial reporting, and budgeting processes for the business units.

The ideal candidate has a commerce degree and 5+ years in GL accounting, strong Excel skills, and good communication. ERP experience is a plus.

Qualifications

• Full-time graduation in Commerce or related field.
• Minimum 5 years of experience in GL accounting.
• Proficient in MS Excel with strong analytical and reporting skills.
• Good written and verbal communication with stakeholder management.
• Experience with ERP systems is a plus.

Responsibilities

• Perform general accounting and reporting.
• Process journal entries.
• Prepare accruals, prepayments & provisions.
• Post and reconcile intercompany transactions.
• Reconcile general ledger accounts.
• Perform consolidations and process eliminations.
• Prepare trial balance.
• Prepare and post management adjustments.
• Adhere to accounting procedures and guidelines.
• Perform fixed-asset accounting and maintain master data.
• Record depreciation expense and reconcile fixed-asset ledger.
• Prepare monthly, quarterly, and annual financial statements.
• Prepare cash flows and inter-company reports.
• Assist with budgets and revenue forecasting.
• Assist with annual audit preparations and resolve discrepancies.
• Contribute to process improvements and share best practices.

Skills

General accounting

MS Excel

Analytical skills

Communication skills

Team collaboration

Problem solving

Education

Bachelor of Commerce (B.Com) or related field

Tools

ERP system

MS PowerPoint

Job description

• Perform general accounting and reporting
• Process journal entries
• Prepare Accrual, Prepayment & Provisions
• Process allocations
• Process period end adjustments
• Post and reconcile intercompany transactions
• Reconcile general ledger accounts
• Perform consolidations and process eliminations
• Prepare trial balance
• Prepare and post management adjustments
• Adherence to Accounting procedures and guidelines
• Perform fixed-asset accounting
• Maintain fixed-asset master data files
• Process and record fixed-asset additions and retires
• Process and record fixed-asset adjustments, enhancements, revaluations, and transfers
• Calculate and record depreciation expense
• Reconcile fixed-asset ledger
• Perform financial reporting
• Prepare business unit financial statements on monthly, quarterly and annual basis
• Prepare cash flows, Inter Company reports
• Assisting with preparing and monitoring budgets.
• Preparing revenue projections and forecasting expenditure
• Maintaining and reconciling balance sheet and general ledger accounts
• Assisting with annual audit preparations
• Investigating and resolving audit findings, account discrepancies, and issues of non-compliance
• Contributing to the development of new or amended accounting systems, programs, and procedures
• Perform business unit reporting/review management reports
• HFM Reporting and Clearing Validation
• Preparation and filing of all internal revenue taxes (income tax, VAT, withholding taxes, etc.) as per applicable entities
• Preparation and filing of VAT refund claims. (as per applicable entities)
• Preparation and uploading of staffs payroll as per applicable entities
• Ensure Group financial policies are followed across entities
• Prepares matrix for the respective entities
• Provide trainings to New Hires
• Audit transactions processed by Accountants
• Support TL’s in performing administrative tasks
• Share best practices with other team members
• Works on Process Improvement projects
• Supporting TL’s with reviewing the consolidation and month end reporting of core Financial Statements - P&L, Balance sheet and Cashflow
• Understand stakeholder’s requirements and out perform the expectations

• Full Time Graduation in Commerce or any other related field
• Minimum 5 years of experience in GL Accounting
• Good Knowledge of MS office especially Excel Skills
• Excellent accounting knowledge.
• Good written & verbal communication skills
• Good interpersonal /business skills both oral and written with good telephone skills
• Ability to work on own initiative in a Team environment
• Good organizational & time management skills
• Analytical approach / good problem-solving skills
• Competent in Microsoft Office, MS PowerPoint advanced Excel skills (VLOOKUP, pivot table, understanding on usage of keyboard Shortcuts etc.)
• Excellent stakeholder management

• Experience of having worked on an ERP will be an added advantage
• Fluency in English and any other foreign language will be an added advantage