Senior Accounts Manager

Finansuite Business & Advisors Llp; New Delhi; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Finansuite Business & Advisors Llp is seeking an experienced US Accounting Manager to lead a team responsible for US-based bookkeeping and accounting operations. The role requires strong knowledge of US accounting, payroll processing, reconciliations, and month-end/year-end activities.

The candidate will manage team members, review work, and resolve complex issues while ensuring accurate financial records and timely client communication.

Qualifications

• The candidate should have a strong understanding of US bookkeeping practices and GAAP.
• Experience with US payroll and payroll accounting is required.
• Experience preparing and reviewing financial statements for clients is preferred.

Responsibilities

• Lead and supervise a US accounting/bookkeeping team and review work for accuracy.
• Manage day-to-day US bookkeeping and maintain reconciled books.
• Prepare monthly, quarterly, and annual financial statements.
• Oversee payroll processing and payroll-related accounting.
• Resolve complex accounting issues and communicate with clients.
• Coordinate with CPAs and tax professionals as needed.

Skills

US accounting

Bookkeeping

Team leadership

Problem solving

Communication

Month-end closing

GAAP knowledge

Intercompany transactions

Payroll accounting

Journal entries

Reconciliations

Financial reporting

Education

Bachelor's degree in Accounting/Finance

3+ years US accounting experience

Tools

QuickBooks Online

Wave Accounting

Xero

Gusto

ADP

Excel/Sheets

Job description

We are looking for an experienced and detail-oriented US Accounting Manager to lead and supervise a team responsible for US-based bookkeeping and accounting operations. The ideal candidate should have strong knowledge of US accounting principles, bookkeeping, financial statement preparation, payroll processing, reconciliations, and month-end/year-end accounting activities.

The candidate will be responsible for managing team members, reviewing accounting work, resolving complex accounting issues, ensuring accuracy and completeness of financial records, and communicating effectively with internal teams and clients.

The ideal candidate should be a strong problem solver and team leader who can independently identify accounting issues, determine the appropriate accounting treatment, and guide team members toward accurate and timely solutions.

Key Responsibilities

1. Team Management & Leadership

• Manage, supervise, and support a team of US accounting/bookkeeping professionals.
• Allocate clients and accounting tasks among team members based on workload and expertise.
• Review team members' work for accuracy, completeness, and compliance with accounting requirements.
• Provide guidance and training to team members on US accounting and bookkeeping processes.
• Monitor team productivity, deadlines, and quality of work.
• Identify performance gaps and provide constructive feedback and coaching.
• Handle escalations and assist team members with complex accounting issues.
• Ensure that all assigned client work is completed accurately and within deadlines.

2. US Accounting & Bookkeeping

• Handle and review day-to-day bookkeeping activities for US-based businesses.
• Maintain accurate books of accounts in accordance with applicable US accounting practices.
• Review bank and credit card transactions and ensure proper categorization.
• Perform bank, credit card, loan, and other account reconciliations.
• Review accounts payable and accounts receivable transactions.
• Record and review journal entries and adjusting entries.
• Identify and correct duplicate, missing, misclassified, or incorrectly recorded transactions.
• Review intercompany transactions, transfers, owner distributions, loans, fixed assets, and other balance sheet accounts.
• Understand and apply appropriate accounting treatment for various business transactions.
• Assist with bookkeeping cleanup and historical accounting corrections.

3. Financial Statement Preparation

• Prepare and review monthly, quarterly, and annual financial statements.
• Prepare and review:
  • Profit & Loss Statement
  • Balance Sheet
  • Cash Flow Statement, where applicable
  • General Ledger
  • Trial Balance
• Analyze financial statements and identify unusual fluctuations, inconsistencies, and accounting issues.
• Ensure balance sheet accounts are properly reconciled and supported.
• Assist in month-end and year-end closing procedures.
• Prepare financial reports and schedules required by management, clients, CPAs, or tax professionals.

4. Payroll Accounting & Payroll Support

• Understand US payroll processes and payroll accounting.
• Review payroll reports and payroll-related transactions.
• Understand employee taxes, employer taxes, deductions, benefits, and payroll liabilities.
• Reconcile payroll transactions with accounting records.
• Review payroll journal entries and payroll liability accounts.
• Assist with payroll-related accounting and reporting requirements.
• Work with payroll platforms such as Gusto and ADP.
• Identify discrepancies between payroll reports, bank transactions, and accounting records.

5. Problem Solving & Accounting Review

• Act as the primary escalation point for complex accounting and bookkeeping issues.
• Investigate discrepancies and determine the root cause of accounting problems.
• Develop practical solutions for reconciliation issues, transaction errors, missing documentation, and incorrect account balances.
• Review unusual or high-value transactions and determine the appropriate accounting treatment.
• Assist team members in resolving challenging client accounting issues.
• Maintain a strong attention to detail while handling multiple clients and deadlines.

6. Client & Internal Communication

• Communicate professionally with clients regarding accounting requirements, clarifications, and missing documentation.
• Prepare clear and professional requests for bank statements, credit card statements, loan statements, payroll reports, sales reports, and other financial documents.
• Explain accounting issues and required corrections to clients in a clear and understandable manner.
• Coordinate with CPAs, tax preparers, management, and internal accounting teams.
• Participate in client meetings or calls when required.
• Maintain professional and timely communication through email, Zoom, and other business communication platforms.

Software & Technical Skills

The candidate should have hands-on experience with accounting and payroll software, particularly:

Accounting Software

• QuickBooks Online (QBO) Required
• Wave Accounting
• Xero

Payroll Software

• Gusto
• ADP

Other Skills

• Microsoft Excel / Google Sheets
• Bank statement and financial report analysis
• CSV data handling and transaction imports
• Financial reporting and reconciliation

Strong proficiency in QuickBooks Online is especially important.

Required Knowledge of US Accounting

The candidate should have a strong understanding of:

• US bookkeeping practices
• Cash-basis and accrual-basis accounting
• Double-entry bookkeeping
• Chart of Accounts
• Bank and credit card reconciliations
• Accounts Payable (A/P)
• Accounts Receivable (A/R)
• Owner's Draws and Distributions
• Shareholder/Owner Equity
• Loans and loan payments
• Principal vs. interest classification
• Fixed assets and depreciation
• Payroll and payroll liabilities
• Sales tax accounting
• Merchant/payment processor transactions
• Intercompany transactions
• Journal entries
• Month-end closing
• Year-end closing
• Profit & Loss analysis
• Balance Sheet analysis
• General Ledger review
• Financial statement preparation

Knowledge of US GAAP and general US financial reporting practices will be an advantage.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, Commerce, or a related field preferred.
• 3+ years of relevant experience in US accounting/bookkeeping preferred.
• Prior experience managing or supervising an accounting/bookkeeping team.
• Strong hands-on experience with QuickBooks Online.
• Experience working with US-based clients or US businesses.
• Practical knowledge of US payroll and payroll accounting.
• Experience preparing and reviewing financial statements.
• Strong reconciliation and analytical skills.
• Excellent problem-solving ability.
• Strong attention to detail and accuracy.
• Ability to manage multiple clients and deadlines simultaneously.

Key Skills We Are Looking For

Technical Skills

• US Accounting
• US Bookkeeping
• Financial Statement Preparation
• Payroll Accounting
• Bank Reconciliation
• Credit Card Reconciliation
• General Ledger Review
• Month-End Closing
• Year-End Closing
• Journal Entries
• Financial Analysis
• QuickBooks Online
• Wave
• Xero
• Gusto
• ADP
• Excel

Management Skills

• Team Leadership
• Task Delegation
• Work Review
• Team Training
• Performance Monitoring
• Client Management
• Deadline Management
• Escalation Handling

Soft Skills

• Strong problem-solving ability
• Analytical thinking
• Attention to detail
• Accountability
• Professional communication
• Time management
• Ability to work independently
• Ability to work under pressure
• Willingness to learn and train team members

Ideal Candidate

The ideal candidate is someone who can manage people as well as accounting work. This role is not limited to data entry or transaction categorization.

We are looking for an individual who can:

• Take ownership of accounting assignments.
• Review and identify errors before work is submitted.
• Understand why an accounting issue occurred, not just correct the transaction.
• Guide junior and senior team members when they face accounting problems.
• Communicate accounting requirements professionally with clients.
• Prepare and review accurate financial statements.
• Handle payroll-related accounting requirements.
• Work independently and make sound accounting decisions based on available documentation and applicable accounting principles.
• Manage multiple clients while maintaining accuracy and deadlines.