Analyst - Accounting

Location: Mumbai, India

Main purpose

This role is responsible for the accounting, reporting and control of the Trading legal entities with primary responsibilities of monthly closing of the books, entity-specific accounting policy, legal entity maintenance, account reconciliation & account structure management. The role will require an in-depth understanding of these entities including their business strategies, associated technical accounting and disclosure requirements.

Key responsibilities

Balance Sheet Review & Control

• Provide and support input into the end-to-end control and ownership of legal entity balance sheets for the division supported
• Drive the monthly financial close which entails analytical review and sign off of the balance sheet, profit and loss accounts for entities of the specified trading division
• Perform the month end close process including but not limited to revenue recognition checks, stock verification and valuation, debtors aging along with provision review, intercompany & related party balance confirmation
• Ensure strong control framework by implementing and maintaining effective internal controls
• Address ad hoc requests from various stakeholders and counterparts like consolidation, and regional accounting teams
• Coordinate with multiple teams on matters relating to intercompany settlements, transfer pricing, legal, compliance
• Analyse impact of various journals and processes on trial balance areas.
• Prepare monthly, quarterly and annual MIS packs, dashboards and KPI reports for management.
• Ensure timely and accurate month-end close inputs and reconciliation of reports.

Audit

• Liaise with external auditors during the group & statutory audits
• Coordinate with various functions to provide auditable support & evidence to external auditors
• Prepare audit documentations and walkthrough

Change Management

• Drive change projects to support any accounting policy changes or new reporting requirements for the legal entities in scope
• Challenge the current processes for improvement and constantly review processes for efficiencies
• Identify and escalate control gaps, data discrepancies and process improvement opportunities.

Tax Accounting

Oversee accurate tax accounting, monthly tax provisions and tax-related financial reporting across assigned legal entities.

Ensure timely preparation, review and filing of corporate income tax returns and compliance with local tax regulations.

Support Pillar Two reporting, transfer pricing requirements and intercompany tax assessments.

Coordinate with tax advisors, manage tax audits and assessments, and monitor tax payments, filing deadlines and overall tax risks

Required qualifications

Minimum 1-3 years experience in Accounting.

Chartered Accountant / post-graduation accounting qualification

Determined and able to take end-to-end ownership

Keen to question and challenge the existing processes with a view of creating reporting efficiencies and improvements

Can work with multiple data sets, various systems and Excel

Eager to take up fresh challenges and support the team wherever required

Comfortable to work with non-accounting teams for regular activities and projects

Attributes for success

Strong interpersonal skills

Eager to take up fresh challenges and support the team wherever required

Department overview

The Financial Control & Reporting team operates across various APAC and MEA locations, acting as the entity-level financial reviewer, reporting to the Regional Controller. The team plays a critical role in ensuring accurate accounting, reviewed financial statements, compliance with applicable accounting standards, and effective financial controls across all legal entities. This covers both trading and non-trading entities, including financial reporting, reconciliations, P&L and balance sheet oversight, tax accounting, tax compliance, and ensuring accurate tax provisions and disclosures while mitigating financial and tax risks.