Job Description:
Role Summary/Purpose:
The position is part of the Finance team at Synchrony International Services Private Limited at Hyderabad and direct reporting to VP-Finance. The key deliverables Closing & Reporting under US GAAP & IGAAP, Accruals, Account Reconciliations, Statutory payments and own all the downstream filings besides handling Fixed Assets Accounting, Monthly closing entries, statutory audits, internal audits, SOX/IFC reviews, Documentation, Filing & publishing monthly dashboards to review effectiveness of internal controls. The position requires a well-rounded individual who has demonstrated ability to deliver results in a fast paced, high-growth environment.
Essential Responsibilities:
Role Summary/Purpose:
The position is part of the Finance team at Synchrony International Services Private Limited at Hyderabad and direct reporting to VP-Finance. The key deliverables Closing & Reporting under US GAAP & IGAAP, Accruals, Account Reconciliations, Statutory payments and own all the downstream filings besides handling Fixed Assets Accounting, Monthly closing entries, statutory audits, internal audits, SOX/IFC reviews, Documentation, Filing & publishing monthly dashboards to review effectiveness of internal controls. The position requires a well-rounded individual who has demonstrated ability to deliver results in a fast paced, high-growth environment.
Essential Responsibilities:
- Working closely with Sourcing to review outstanding POs / contracts and validate B2P related accruals, business audit clearances, payments and reversals.
- Finalisation of financial statements under IGAAP and coordinate statutory audit.
- Monthly & Quarterly closing & reporting deliverables under US GAAP.
- Manage accruals process, in coordination with FP&A team, that support financial close deliverables, which include review of accruals, including recoverable expenses.
- Manage GL account review for fixed P&L activity and ensure/validate that such expenses are accounted accurately in the financials and prepare JE for true-up of revenue to meet the Servicing Agreement requirements.
- Coordinate internal audits, internal audits/SOX/IFC reviews and review/update all the SOPs/Job aids periodically.
- Strengthen business controls and improved operations and initiate corrective actions including process improvements.
- Manage all reports relating to internal controls and publish periodical Controllership dashboards.
- Support GST filings, refunds, TDS payments, filings and related tax compliance audits and review the related accounting entries/implications.
- Review Account Reconciliations, peer reviews and ensure closure of open issues.
- Coordination with Payroll team on payroll reconciliations and employee related liabilities and F&F matters.
- Simplification and automation initiatives in managing Workflows.
- Handle all Documentation requirements including filings.
- Other duties and responsibilities that may be assigned from time to time.
Qualifications/Requirements:
- Qualified CA or ICWA.
- Minimum 5+ years of hands-on experience in finance/accounting.
- Knowledge of US GAAP, India GAAP and statistical filing requirements.
- Preferably have systems experience on Oracle and reporting tools.
- Expertise in Advanced Excel and other spreadsheet applications is required.
- Willing to work during US working hours if required by business.
- Strong critical thinking and solid analytical and quantitative capabilities.
- High level of organization, strong orientation towards planning and ability to prioritize tasks.
- Good interpersonal and communications skills and a keen ability to interact with various internal & external stakeholders including Operations and other enabling functions.
- For Internal Applicants: Understand the criteria or mandatory skills required for the role, before applying.
- Inform your Manager or HRM before applying for any role on Workday.
- Ensure that your Professional Profile is updated (fields such as Education, Prior experience, Other skills) and it is mandatory to upload your updated resume (Word or PDF format)
- Must not be any corrective action plan (First Formal/Final Formal, PIP)
- Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.
- Level 8+ employees can apply
Desired Characteristics:
- CS qualification will be an added advantage
Finance
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