Manager – Finance & Accounting

Job purpose

Interface is looking for candidates in a Managerial role who can handle the Accounting, Payroll, Audit, Taxation and Compliance operation of India and US Entities.

Experience – 2 to 3 years of post-qualification experience if CA or 6 years’ experience for MBA/CMA. 

Qualification - B.com and CA or B.com MBA/CMA

Job Description:

Accounting

• All General Ledger Accounting including, but not limited to 

• Fixed Assets
• Payroll entries
• Accrual- and prepaid balances
• Accounts Payable 
• Ensuring that all accounting and reporting is performed timely and in accordance with (local) GAAP

• Ensure timely preparation of financial statements and full statutory compliance, including local audits and tax/statutory 
• India Labor law compliances and GST compliances.
• Assure all Balance Sheets accounts are fully reconciled and uploaded to reconciliation tool
• Month-end closing (MEC) 
• Budget/Forecasting and Variance Analysis.

1. Procure-to-Pay (P2P)

• Processing new vendor setup
• Processing change requests on vendor master setup
• Processing procurement requests
• Processing PO invoices and non-PO invoices in multiple languages and currencies 
• Process company credit card statements in accounting system and ensure timely payments. 
• Prepares journal entries, recurring entries, and reversing entries
• Monitoring supplier’s payment terms and balances.
• Provides AP helpdesk to the organization in terms of process and queries related to payments and accounting
• Review, analyze, and respond to external supplier inquiries and perform supplier statement of account reconciliations 
• Payments application and reconciliation of accounts payable ledgers

2.Revenue and Billing (O2C)

• Analyze, record and close revenue for assigned areas monthly 
• Review signed revenue agreements to determine appropriate revenue recognition, based on US GAAP
• Maintain deferred revenue schedules and recognition of revenue against agreements
• Maintain monthly account reconciliations and General Ledger (GL) activities
• Maintain contract documentation for assigned areas (including contracts, purchase orders, customer acceptance and other documentation) required for review and external audit
• Ensures PO’s are received on time for billing, proper follow up and escalation as needed.
• Prepares invoice entries and credit memos for respective customers on a timely and efficient basis.
• Comply with accounting controls by following policies and procedures; complying with local financial legal requirements.
• Follows up on overdue invoices by email, phone, and/or letter within the agreed upon timeframe. 
• Maintains accurate records of all collection activity 
• Regularly contacts customers to ensure all relevant debts are managed as necessary 
• Responds promptly and accurately to both client and internal inquiries 
• Timely application of cash collections

3.Payroll

• Processing monthly Payroll
• Liaise with HR to get the Inputs for the month and processing payroll and reimbursements
• Maintaining on time Labor compliances, Tax compliances
• Process the salary payments, TDS.
• Prepare MIS on Salary for accounting
• Update of recent changes in Labor law and Tax.

4.Audit

• Handle various audits (Internal, Statutory & Tax audits) of both US and India entities.
• Finalize and Prepare Financial statements as per India and US GAAP.
• Collaborate with Big-6 for completion of audits on time.
• File Annual returns with tax department and ROC on time

5.Taxation and Compliance

• Complete TDS and GST payments and filings on time
• Collaborate with other teams to ensure labor compliance is correctly taken care. 

6.Collaboration with stakeholders

• Collaborate well with external stakeholders Auditors, Consultants, Valuers and Actuaries.
• Collaborate well with internal teams for revenue closure, customer queries, vendor queries.   

Other Skills:

• Trustworthy, detail oriented, well-organized and full of integrity
• Ability to problem-solve, both independently and as a team
• Computer skills, including Microsoft Office Suite (Excel, Word, Outlook, PowerPoint, etc.)
• English communicator with ability to maintain open communication with internal employees, managers as required.