Deputy Manager Finance & Accounts

Job Description

• Perform ex-ante and ex-post review of general ledgers under three separate SAP instances i.e. P01 for Vizag, P09 for IKKT and P10 for Aurangabad.
• Preparation of monthly MIS for all the three locations for USGAAP reporting
• Preparation of FDM upload under HFM reporting for all the three locations. Namely Vizag, IKKT and Aurangabad.
• Monitor special purpose ledger entries on a monthly basis and review them from time to time.
• Preparation of monthly USGAAP vs IGAAP reconciliation
• Monitor outside audit adjustments from the financial year beginning from 01st April 2010 year-wise along with supporting and breakup. Including tying up to monthly USGAAP vs IGAAP reconciliations.
• Review of ledgers categorized as LEAD A and LEAD B to provide sufficient backup and supporting of all balance sheet ledgers for all the locations on a monthly basis.
• Review of specific month close entries and approval of the same within the due date to ensure smooth monthly close.
• Coordinate with respective plant finance team for monthly close activities.
• Coordinate with respective plant finance team to support the internal audit team for performance of internal audit and SOX testing.
• Coordinate the annual audit exercise under both IGAAP and USGAAP. This includes providing assistance in collection of information required by the auditors and in periodic status meetings & discussion with auditors.
• Preparation of financial statements under Indian GAAP.
• Provide support to tax team during tax audit and for preparation of form 3CD and relevant annexures
• Provide support to tax team for Department of Scientific and Industrial Research (DSIR) report and relevant annexures.
• Coordinate the Internal Controls over Financial Reporting (ICFR) exercise under Indian GAAP, which includes ensuring update of process maps and risk & control assessments and liaison with the compliance testing team/Internal auditors and provide support during annual audit exercise.
• Coordinate the annual Letter of Representation exercise. This includes preparing the business requirements for enhancements required, creating test cases, testing of the SAP & web applications, reporting of issues, update of user documents & websites, answering user queries, following-up for sign-off and analysis of results.
• To provide guidance to shared services team on the activities relating to month close supported by them and to review and monitor the desk level procedures (DLPs) upto date.
• Attending monthly review calls with shared services team and with corporate finance team in US and document the understanding or to act on the action plans.
• Work on other special projects, as may be assigned from time to time.
• Coach and mentor junior staff as required.Key Performance Attributes (Personal characteristics/selection criteria)
• A relevant Bachelors degree (Finance, Accounting, Business Administration, Economics, Commerce);
• Chartered accountant or other equivalent professional qualification, with minimum 3 years post qualification experience;
• Proven working experience on accounting and reporting processes using automated accounting systems preferably SAP ;
• Demonstrated good judgmental and analytical skills;
• Excellent problem solving skills ;
• Proficiency in Microsoft Office tools;
• Good interpersonal and communication skills (both written and verbal);
• Strong client focus and excellent team player;
• Ability to deal sensitively in multi-cultural environments and build effective working relations with clients and colleagues;
• Ability to function effectively in multi-disciplinary teams within a matrix environment.Competencies: Shown below are the broad competencies linked to this job.
• Business Processes & Systems - Moderate understanding of business processes. Be able to analyze business processes and enhance internal controls in order to resolve issues, and improve operational efficiency and effectiveness.
• Accounting Policy - Ability to interpret basic accounting principles and other related auditing standards and translates those principles and standards into accounting and administrative policies and procedures for the organization.
• Knowledge on Indian GAAP and USGAAP Working knowledge on Indian GAAP and statutory environment is a must. Knowledge on USGAAP is preferable.
• Technical writing Ability to write memos on technical accounting and documentation of accounting positions taken.
• Problem solving - Recommends solutions to problems/issues encountered during monthly review. Effectively uses technology to enhance efficiency and productivity in the processing of transactions and in review activities.
• Risk Management & Internal Controls Applies basic understanding of the internal controls and risk management principles in carrying out day-to-day functions.
• Team Orientation - Proactively addresses other departmental needs, takes personal responsibility and accountability for timely response to queries, requests or needs. Drive for Results - Delivers results and impact for clients and stakeholders. Holds self accountable for achieving sustainable results, and makes things happen both as an individual and through others.
• Teamwork (Collaboration) and Inclusion - Collaborates and promotes inclusion within and across boundaries. Works effectively with individuals of different cultures and gender, and includes the perspectives and ideas of others.
• Knowledge, Learning and Communication - Demonstrates agility for learning and a commitment to enhance one s capacity. Routinely shares own knowledge with others. Listens objectively to others ideas, and speaks and writes clearly, concisely and persuasively.
• Business Judgment and Analytical Decision Making - Analyzes available information and makes evidence based ethical decisions. Analyzes facts and data to support sound, logical decisions regarding own and others work.

Keyskills :
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