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    Deputy Manager- Accounts - noida, India - Iron Systems

    Iron Systems
    Iron Systems noida, India

    5 days ago

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    Description

    Managing Accounting Operations :

  • Manage technical accounting and oversees business units' treatment of accounting issues, implementation of new accounting standards and compliance with regulations.
  • Implements and oversees the update of internal financial reporting policies, procedures and accounting pronouncements.
  • Manage General Ledger accounting including Revenue Accounting, Accounts Payables, Payroll Accounting, Intercompany and Fixed Assets Accounting.
  • Responsible for Consolidations, and Financial Reporting including Chart of Accounts, Mapping to Consolidation Systems, and Reporting.
  • Support accounting for newly acquired companies and dispositions, including acquisition date balance sheet, recording of acquisition related entries and incorporation into the consolidation tool.
  • Oversee the valuation and accounting arising from business combinations including the determination of estimated useful lives and the method for recording amortization expense.
  • Support to resolve non-standard complex accounting issues, and provide solutions to ensure correct accounting.
  • Assess the implications of new accounting standards, communicate and provide guidance to management.
    • Monthly Financial Reporting
  • Manage the monthly closing process and associated financial reporting.
  • Preparation of monthly management reporting calendar and ensuring compliance with corporate deadlines and requirements.
  • Analyse and reconcile general ledger accounts to ensure proper classification and integrity of information.
  • Manage the consolidation process including trial balance reviews and submissions, and supplemental requirements.
  • Review detailed variance analysis of consolidated balance sheet and cash flow statements.
  • Ensure that all reconciliations are performed monthly and uploaded on portal.
    • Statutory/GAAP/Internal Audits
  • Monitor and ensure compliance to Statutory Reporting and Tax Filings on-time as per legal requirements.
  • Ensure that local accounts are prepared as per the prescribed accounting standards in the respective countries.
  • Coordinate, direct, plan and execute the financial reporting component of the external Audit including proving timely/accurate audit schedules and discussion / closure of audit issues in a timely manner.
  • Experienced in operating within an internal control environment, preferably under Sarbanes-Oxley (SOX) to ensure adequacy of internal controls over financial reporting.
    • International exposure :
  • Support managing the monthly financial reporting closing process for several entities in USA, UK, Brazil, Canada, India, Netherlands etc. under respective accounting norms including IFRS, US GAAP.
  • Managing the preparation of monthly consolidated financial statements for the holding company in USA.
  • Oversee and direct the preparation of various subsidiary financial statements and disclosures, legal entity financial statement analysis, while ensuring the control, timeliness and accuracy of the financial statements.
    • Leadership/ Soft Skills:
  • Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment.
  • Work independently, make non-routine decisions and resolve complex accounting problems.
  • Able to organize and work constructively to meet tight deadlines, enjoys a challenging and fast-paced work environment.
  • Resourceful, action and results orientated with the ability to get things done and overcome obstacle.
  • Exceptional interpersonal, written, oral, and presentation skills with ability to communicate effectively with all levels of employees including senior management.
  • Values diversity and is comfortable in dealing with multiple cultures.
  • An ability to influence, train, mentor and leverage the skills of others to achieve objectives.
  • Demonstrated ability to form, lead and develop high-performing teams with a strong service and delivery orientation.
  • Ability to work collaboratively across departmental functions across geographies.
    • Professional/ Technical Skills :
  • Expert technical skills and advanced knowledge on Accounts Payable, Accounts Receivable, Financial Reporting, General Ledger, Inter Company, Fixed Assets and Generally Accepted Accounting Principles (GAAP).
  • Experience in managing consolidation and closing cycles in the complex, short-cycle, multi-business unit environment; managing and supporting statutory/regulatory requirements; proficiency with general accounting system design; responsibility for issuing internal financial statements.
  • Working knowledge of financial systems and ERP experience in Quick Books, Microsoft Dynamics AX, Tally, Oracle/ SAP, Sales Force and any other Financial tools.
  • Understanding of accounting industry standards and best practices and keeps current with industry standards.
  • 8+ years finance /accounting experience required, with strong business acumen and understanding of local and US GAAP and financial accounting principles.
  • University degree in Finance/ Accounting with Advanced degree, CA/ CMA/ CPA/ MBA (or equivalent).
  • IT industry experience is preferred
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