Entity Accounting Lead

4 days left

Recruiter
Dupont
Location
Hyderabad, Andhra Pradesh (IN)
Salary
As per company standards
Posted
24 Sep 2021
Closes
24 Oct 2021
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Entity Accounting Lead

 

This role is responsible for performing the role of entity leader for a variety of subsidiaries.  As entity leader for a subsidiary, the analyst will have responsibilities for overall data integrity of items such as the subsidiary’s financial statements, account reconciliation coordination, income statement forecasting, and other related duties.

Core Responsibilities:

As a member of the Controllership organization, the individual performing this job is responsible for performing the role of entity leader for a variety of subsidiaries.  As entity leader for a subsidiary, the accountant will have responsibilities for overall data integrity of the subsidiary’s financial statements, USGAAP compliance, client satisfaction, cross process coordination, account reconciliation coordination, individual reconciliation responsibilities as well as being a focal point for audits, schedules, income statement forecasting, and other related duties. The employee will be asked to participate in various Financial Accounting team projects for the purpose of improving efficiencies and client satisfaction.

● Ensure the integrity of the financial statements for the legal entity under their responsibility. This is achieved by defining accounting procedures in compliance with local accounting policies, running SAP reports required to review Income Statement, Balance Sheets and Trial Balances, performing account reconciliations, analyzing trends and completing fluctuation analysis, comparing USGAAP and local books and analyzing differences, follow-up on unusual items, reviewing and approving significant or unusual accounting entries, ensure corrections required are correctly recorded, etc.

● Perform account reconciliations of the accounts under their ownership and review and approve the account reconciliations performed by the members of their team. In addition the Entity Leader will periodically request to see the reconciliations prepared by other Finance departments.

● Act as focal point for external financial and statutory filings necessary to meet internal auditing and governmental requirements, in compliance with USGAAP and local accounting principles and with various laws and official requirements. Incomplete or missing data can cause serious consequences.

● Ensure timely and successful completion of the external audit of the Financial Statements by acting as focal point for communications with the external auditors, ensuring information required by the auditors is provided on time, participating in review meetings, answering audit comments, etc.

● Responsible for producing the Income Statement Forecast (ISF) at a legal entity level. This is achieved by coordinating the efforts of the different processes and businesses required to meet the Income Statement Forecast requirements. The ISF is a key element for Tax to estimate the corporate tax rate and tax provision and for Treasury to plan cash flow and dividend distributions.

● Act as consultant to Area sub-process Controllers and other Finance processes in the region on financial accounting and internal control matters.

● Coordinate the completion of Regional year-end schedule packages for Corporate Controllers required to comply with information to be reported to the Security Exchange Commission.

● Coordinate the Financial and Statutory requirements related to compliance with SOX rules and Internal Control self-assessments.

● Prepares quarterly reporting of foreign debt required by Central Bank regulations and necessary to be able to process payment of imports

● Coordinate statutory presentations and responses to information requirements from the Companies Inspection Board related to Financial Statements and legal books in electronic format

● Must be able to identify root causes of issues and discover/implement practical solutions

● Open to and proposes new ideas to improve existing work processes.

● Helps drive change to reduce complexity

● Uses customer/client information to improve work processes

● Recognizes cross-functional as well as cross-Finance impacts and takes action to address needs

● Must demonstrate initiative and leadership competencies in this role

● Must demonstrate technical Accounting competency

● Challenges status quo in processes

Education Qualification

  • CA
  • ACCA Affiliate

Apply for Entity Accounting Lead

Sorry, we are unable to take any personal information from users based in Russia due to local data processing laws. However, please continue to search and apply for other jobs.

Already uploaded your CV? Sign in to apply instantly

Apply

Upload from your computer

Or import from cloud storage

Your CV must be a .doc, .pdf, .docx, .rtf, and no bigger than 1MB


4000 characters left

Marketing Communication

We'd love to send you information about Jobs and Services from ACCA Careers by email.

All emails will contain a link in the footer to enable you to unsubscribe at any time

To find out what personal data we collect and how we use it, please visit our Privacy Policy


When you apply for a job we will send your application to the named recruiter, who may contact you. By applying for a job listed on ACCA Careers you agree to our Terms and Conditions. 

You should never be required to pay any money to an employer, or to provide bank account details. If you are, please email us.

Similar jobs

Similar jobs