Assistant Manager - US Accounting

Job Purpose

• To review and manage the delivery of Record To Report operations including Reconciliation, Month End Close, JE processing, Fixed Assets and Banking.
• To manage accounting of multiple clients.
• To train the process for new team members. Main Accountabilities Technical Knowledge:
• End-to-end understanding of Accounting processes (Sub-ledger
• Ledger
• Trial Balance
• Financials
• Reporting etc.)
• Sound understanding and application knowledge on accounting principles (Consistency, Conservatism, Accrual, Going Concern, Matching, Revenue Recognition)
• Understanding of complete RTR processes (See below for details).
• Financial reviews including variance analysis
• Good knowledge on excel skills, commonly used functionalities include (VLOOKUP, Pivots, If, Subtotals etc.)
• Knowledge of QuickBooks and Bill.com SAGE Intacct accounting software will be preferred. Communication and Soft Skills: Role involves extensive communication with engagement team.

Requirements

B. Com., M.Com. Qualities expected: Ability to learn fast Meticulous approach to work Willingness to take initiative Team player Organizational and time management skills Record to Report operations including the following: Posting monthly close prepaid & accrual journal entries Bank reconciliation statements Month end reconciliation of Balance Sheet account balances Fixed asset reconciliation & depreciation expense schedule Maintenance of Fixed asset register Monthly Financial reporting as per GAAP & IFRS Preparation of cash flow statements Comparison between actual Vs budgeted data Semi-annual financial reporting Segment wise reporting New Client onboarding process includes creating chart of Accounts, Transaction posting, QuickBooks file set up etc.

Analytical review of P&L items