Key Responsibilities:
1. Accounting and Reporting
- Responsible for correct accounting treatment and recording in line with local laws, IFRS and US GAAP
- Responsible for the monthly financial closing in the Quicbooks for US entity latest by 07th of the succeeding month
- Ensure the proper accruals with the criteria set for management reporting and statutory reporting
- Preparation of BS and P&L schedules
2. US Payroll
- Submitting fortnightly payroll data (new employee, outgoing employees etc) into Trinet
- Managing the preparation and disbursement of US payroll in close co-ordination with the Trinet
- Journalizing the payroll disbursement and accruals in Quickbooks
- Preparing payroll schedules monthly in which expense will be categorized as per the pay cycle and accrual
- Working with HR for leave balance accrual + recording financial impact (if any)
- Working and follow up with EOR (Trinet) for all quarterly and annual filings (state/federal)
- Working with former EOR on the resolution of notices (if any)
- Ensure timely payment of benefits (Employee and Employer contributions) to John Hancock
3. Sales Commissions
- Calculation of sales commission as per commission plan
- Disbursement of commalong with payroll cycle
- Circulation of commission reports to relevant sales team members
4. Revenue Accounting and Process
- Basic analysis & understanding of the sales contract
- Maintaining and updating revenue schedules (recognised, deferred etc)
- Journalizing entries in the QuickBooks related to monthly revenue recognition
- Maintaining database of all sales contracts
- Close coordination with sales team/head regarding any anticipated downgrade/churn
5. Implementation Hours
- Ensuring sanity checks in Zoho regarding hours recording
- Creation of zoho accounts for relevant team members
- Conducting meeting with CS and other teams
- Preparing analytics and various reports for Ops review meeting
6. Cost of Revenue Accounting and Process
- Maintaining and updating cost of revenue schedules
- Reconciliation with partners
- Preparing and issuing partner order form to all partners and following up for the signed document
- Anticipating reduction in cost due to any anticipated churn/downgrade and inform partners on TIMELY basis
7. Others
- Working with group company on the annual renewal of insurance coverage (providing data etc)
- Following up with the service provider to have insurance cover note as required by the client (on need basis)
- Assist the line manager during external, internal and any other kind of audits
- Assist line manager in automating the work processes.
- Any other assignment that may assigned by the line manager from time to time
Education, Experience, Skills & Abilities:
1. Education and working experience
- Qualified or Finalist ACCA, CMA, CIMA
- At least 6 years of experience is required in in a similar role
2. Skills and Abilities
- Sound understanding of accounting concepts, IFRS and GAAP
- Strong analytical skills.
- Well equipped with advance MS Excel functions (working knowledge of Power BI would be a plus)
- Highly organized, responsible with an acute attention to detail.
- Proficient reasoning ability to follow instructions, solve practical problems, and adapt to various situations.
- Strong communication skills, both written and verbal, with the capability to interpret technical procedures and present information effectively.
- Proficiency in using NetSuite or any renowned accounting software
- Drive efficiency and effectiveness by identifying, reviewing, and implementing process improvements in accounting procedures.
Send us your resume at [email protected] mentioning the position in subject line.