Senior Associate (GL and R2R)

Sutro Li; Pune District; Hybrid; INR 900,000 - 1,300,000; Full time

Job summary

Sutro Li is seeking a Senior Associate to drive R2R/GL processes for diverse clients, ensuring US GAAP compliance, accuracy, and timely close. You will lead journal entries, reconciliations, and close activities, while mentoring junior staff and coordinating with audit teams.

The role emphasizes client management, process optimization, SOP updates, and strong Excel/ERP proficiency. Hybrid work model with office/home flexibility.

Qualifications

• Bachelor's degree in accounting or related field; MBA or CA inter preferred.
• Excellent analytical and problem-solving skills.
• Proficient in Microsoft Excel and accounting software (Xero preferred).
• Strong communication and interpersonal skills; ability to work independently and in a team.
• Background in GL accounting and US GAAP; AP background not required.

Responsibilities

• Prepare and review journal entries, reconciliations, allocations, and schedules to ensure accuracy and compliance with US GAAP.
• Lead month-end close for large clients (MRR > $7K) and review month-end close for small and mid-size clients.
• Oversee complex accounting processes including deferred revenue, fixed assets, intercompany reconciliations, sales tax, and FSA reconciliations.
• Review bank, credit card, clearing accounts, payroll, AP/AR aging, 941 reconciliations, and 1099 reports.
• Prepare financial reports, forecasts, and planning inputs (including Jirav) with complete documentation.
• Manage fiscal year close activities including audit, tax schedules, annual entries, and close checklists.
• Coordinate and oversee audit and tax preparation timelines, ensuring timely and accurate deliverables.
• Prepare and review audit and tax schedules and support auditors with required documentation.
• Ensure compliance with accounting standards and internal controls.
• Maintain and update all close-related trackers (month-end, audit, fiscal close, 1099).
• Take ownership of assigned clients, ensuring timely delivery and high-quality outcomes.
• Handle routine client requests and ensure all client queries are acknowledged and resolved within the defined turnaround time.
• Prepare for and lead client meetings, including agendas, financial reviews, and follow-up documentation.
• Communicate proactively with clients and internal stakeholders, highlighting risks, issues, and progress clearly.
• Support Managers in client management, process design, and service monitoring.
• Supervise daily work planning, delegate tasks, and resolve bottlenecks to ensure timely completion.
• Review team output, resolve routine queries, and provide technical guidance.
• Assist the team in meeting quality and productivity standards.
• Review, update, and maintain SOPs to ensure processes are current, accurate, and accessible.
• Implement approved improvements to accounting systems and workflows.
• Recommend process enhancements and share feedback with the AOM to improve efficiency and service quality.
• Proactively identify and resolve accounting, system, and workflow issues.
• Escalate unresolved or high-risk issues to the AOM with clear context and recommendations.
• Conduct training for new and existing staff on updated procedures, systems, and best practices.
• Support team development through ongoing coaching and feedback.
• Preferred candidate profile: nonprofit accounting principles advantageous; strong in GL/US GAAP; attention to detail; hybrid work readiness.

Skills

Analytical skills

Excel proficiency

Communication skills

Teamwork

Attention to detail

US GAAP knowledge

GL accounting

Xero

Education

Bachelor's degree in accounting

MBA or CA inter preferred

Tools

Xero

Job description

The Senior Associate plays a pivotal role in client financial management, ensuring compliance and accuracy in deliverables, and optimizing processes. This position demands expertise in Record-to-Report (R2R) and General Ledger (GL), with responsibilities including financial analysis, project management, team development, and client communication. A key aspect of the role is to manage workloads effectively, foster team skills, and deliver high-quality outputs aligned with client requirements. Collaboration with cross-functional teams and adherence to process standards are essential to drive operational excellence.

Senior Associate Roles & Responsibilities

Financial Management & Accounting Leadership

• Prepare and review journal entries, reconciliations, allocations, and schedules to ensure accuracy and compliance with US GAAP.
• Lead month-end close for large clients (MRR > $7K) and review month-end close for small and mid-size clients.
• Oversee complex accounting processes including deferred revenue, fixed assets, intercompany reconciliations, sales tax, and FSA reconciliations.
• Review bank, credit card, clearing accounts, payroll, AP/AR aging, 941 reconciliations, and 1099 reports.
• Prepare financial reports, forecasts, and planning inputs (including Jirav) with complete documentation.
• Manage fiscal year close activities including audit, tax schedules, annual entries, and close checklists.

Audit, Compliance & Controls

• Coordinate and oversee audit and tax preparation timelines, ensuring timely and accurate deliverables.
• Prepare and review audit and tax schedules and support auditors with required documentation.
• Ensure compliance with accounting standards and internal controls.
• Maintain and update all close-related trackers (month-end, audit, fiscal close, 1099).

Client Ownership & Communication

• Take ownership of assigned clients, ensuring timely delivery and high-quality outcomes.
• Handle routine client requests and ensure all client queries are acknowledged and resolved within the defined turnaround time.
• Prepare for and lead client meetings, including agendas, financial reviews, and follow-up documentation.
• Communicate proactively with clients and internal stakeholders, highlighting risks, issues, and progress clearly.
• Support Managers in client management, process design, and service monitoring.

Team Leadership & Execution

• Supervise daily work planning, delegate tasks, and resolve bottlenecks to ensure timely completion.
• Review team output, resolve routine queries, and provide technical guidance.
• Assist the team in meeting quality and productivity standards.

Process Improvement & SOP Management

• Review, update, and maintain SOPs to ensure processes are current, accurate, and accessible.
• Implement approved improvements to accounting systems and workflows.
• Recommend process enhancements and share feedback with the AOM to improve efficiency and service quality.

Issue Resolution & Stakeholder Escalation

• Proactively identify and resolve accounting, system, and workflow issues.
• Escalate unresolved or high-risk issues to the AOM with clear context and recommendations.

Training & Knowledge Sharing

• Conduct training for new and existing staff on updated procedures, systems, and best practices.
• Support team development through ongoing coaching and feedback.

Preferred candidate profile:

• Experience of nonprofit accounting principles will be an added advantage.
• Minimum Bachelor's degree in accounting or related field, MBA or CA inter preferred.
• Excellent analytical and problem-solving skills.
• Proficient in Microsoft Excel and other accounting software. (Preferred Xero)
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong attention to detail and accuracy.
• The successful candidate will have a strong background in GL accounting and experience working with US GAAP. AP background not required.
• Ability to apply accounting principles and solutions to meet unique client needs and clearly articulate proposed solutions to clients problems.
• Excellent presentation skills.
• Business and customer centricity Customer is priority.
• Willingness to work from office or home or in hybrid model as per the requirements.
• Self-starter, ability and willing.