Senior Staff Accountant

Newmark Cre Services; Hyderabad; Hybrid; INR 800,000 - 1,500,000; Full time

Benefits offered by this job

Parental Leave (up to 16 weeks)

Healthcare coverage

Back-up care program

Paid time off

Education reimbursement

Referral program

Networking opportunities

Job summary

Newmark Cre Services in Hyderabad, Telangana, seeks an experienced accounting professional to lead complex general ledger duties. You will coordinate departments to set reporting parameters, establish chart of accounts, and ensure accurate financial reporting through Oracle ERP.

You will manage month-end, quarter-end, and year-end closes, prepare journal entries, and perform reconciliations while applying US GAAP/IFRS standards.

Qualifications

• Bachelor's or Master's degree in accounting/finance.
• Minimum 6 years of related work experience.
• Proficiency in MS Excel and MS Word.
• Proficiency with Oracle ERP (Oracle R12).
• US GAAP / IFRS knowledge and intercompany reconciliations.

Responsibilities

• Understand and lead general ledger accounting processes and journal entries.
• Ensure timely month-end, quarter-end, and year-end close.
• Post journal entries in Oracle ERP and maintain GL accounts.
• Prepare balance sheet reconciliations and resolve reconciling items.
• Oversee GL reports and monthly financial statements.
• Support other team members as required.

Skills

Accounting knowledge

Analytical thinking

Excel proficiency

Education

Bachelor's/Master's in Accounting/Finance

Tools

Oracle R12

MS Excel

Job description

Job Description:

Under minimal supervision, responsible for performing accounting duties of a complex nature in support of various accounting functions. Responsible for taking the lead in coordinating various departments to establish the necessary reporting parameters. Including establishment of chart accounts, financial reporting formats, timing requirements, accounting basis, and banking. Also responsible for the posting of journal entries and maintaining the general ledger accounts and reports.

Essential Job Duties:

• Understand and independently validate the lease accounting knowledge (ASC 842).
• Manage endtoend General Ledger accounting processes, including journal entries, accruals, reclassifications, and adjustments.
• Ensure timely and accurate monthend, quarterend, and yearend close activities as per close calendar.
• Prepare all types of journal entries and post them into Oracle ERP.
• Prepare the Balance sheet reconciliations and ensure timely resolution of reconciling items.
• Have Indepth knowledge of US GAAP / IFRS and intercompany reconciliations
• Preparation of Month end journal entries for records in accordance with US GAAP and including supporting backup.
• Independently Handle the Open Items resolution with respect to Banks/Cash Items, Accruals, Prepayments, and other Current assets/Current Liabilities
• Help the other team members as it is required
• Oversee the analysis and reconciliation of the general ledger reports. Close ledgers and generate monthly financial statements and supporting schedules.
• Perform complex numerical calculations requiring thorough understanding of applicable procedures and/or requirements.

Skills, Education and Experience:

• Bachelors Degree/Masters Degree in Accounting/Finance
• Minimum 6 years related work experience.
• Must be familiar with PC applications such as MS-Excel ad MS-Word
• Proficiency in Global ERPs tools specially in Oracle R12.
• Be Capable of self-investigating the Accounting Issues that may come up time to time in the assigned roles.
• May perform other duties as assigned
• A Fair Proficiency on the Accounting Compliance attributes (Completeness, Accuracy)

Benefits and Perks:

• Industry leading Parental Leave Policy (up to 16 weeks).
• Generous healthcare.
• Bright Horizons back-up care program.
• Generous paid time off.
• Education reimbursement.
• Referral Program.
• Opportunities to network and connect.