EY has invited applications for the post of Clear Manager – Corporate Accounting & SOX Compliance.
Qualification
- Qualified Chartered Accountant/ Certified Public Accountant, preferably from Audit or consulting firms
- Minimum 5-8 years of Post Qualification work experience in Internal Controls, Statutory Audit & Risk management, and Assurance Function
- Team management, problem-solving, conflict management, and time management skills
- Experience in SOX compliance/business controls testing, Risk Management, or related Audit & Assurance field.
- Working and technical knowledge of Indian Accounting Standards, IFRS, US GAAP (preferred), IFC Reporting, SEC reporting requirements, SOX requirements, etc. (must have)
- Ability and willingness for hands on working for ERP (must have)
- Exposure to Power BI, SQL or any other visualization tools-preferred
- Knowledge and experience of Governance, Risk and Control, COSO, and Financial Reporting Requirements
- Knowledge and experience of regulatory requirements & standards of the SOX Act and the Indian Companies Act, working knowledge of PCAOB requirements
- Excellent knowledge of ERP systems and Automated Control Environments
- Strong MS office & Excel skills (must have)
- A strong working knowledge of technical accounting and business matters
- The candidate should be in touch with the latest developments on Taxation and Accounting matters in India and worldwide.
- Conducting routine and extensive testing of controls to identify gaps and make changes where needed.
- Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
- Excellent communication skills with capability to highlight critical issues with impact and provide solutions within and outside the Finance team
- Strong analytical, decision-making, and problem-solving skills and abilities
- Self-initiator, pro-active and result driven attitude
- Ability work under stringent deadlines along with multi-tasking
Responsibilities
- Hands-on experience of IND-AS (and US GAAP) reporting and consolidation of Indian and US subsidiaries. Involves periodic closing and financial reporting for both standalone and consolidated in line with group policies.
- The incumbent would be placed in the Corporate Accounting Reporting of the company and will be responsible for preparation of Financial Results, Financial Analysis, MIS and conduct of Statutory Audit.
- Should be well conversant with preparation of financial statements (Balance sheet, Cash Flows, Analysis of financials Variance analysis etc.). Key Responsilities: – Trial Balance Review, Preparation of internal financial reports (MIS reports), Financial Analysis, Competitor Analysis, Variance Analysis, Liasoning with Auditors, Data Analytics using BI Tools, Related Party Transactions arm’s length analysis
- Design and administer internal controls over financial reporting. Review financial reporting, identify process deficiencies, and recommend improvements
- Ensuring all monthly close activities are completed for all India and US entities as per requirement and formats as mandated by Management and relevant stakeholders
- Evaluate business risk and control measures around Financial Reporting process and assess the effectiveness of the control mechanism
- Review test findings within the Internal/External Audit Team, facilitate the remediation of control gaps, and escalate possible critical issues to the senior management. Serve as a liaison between management and external auditors. Stay abreast of changes in SOX/ICFR regulations to ensure timely compliance
- Engage with cross functional teams to provide comprehensive analysis and comment on variances and trends in relation to monthly reporting and budgets/forecasts
- Working closely with various stakeholders within the organisation and group to work on various ad hoc projects along with monthly routines.
- Proactively being connected with the recent developments in INDAS/IFRS/US GAAP and undertaking impact assessment of any change in law, rules via notifications and circulars and disseminating the knowledge down to the Finance and Accounting team
- Work closely with Group Tax Advisors, consultants as and when required for ensuring proper implementation of INDAS/USGAAP/IFRS and relevant accounting standards to the business and operations.
- Work with Global SOX PMO and business process/ control owners for standardization of key controls and related testing process as part of implementation of Global Process Design
- Coordination with Regional SOX coordinators on the Global SOX program, transition of controls and selective control testing, as required
- Above mentioned are the specific requirements from the candidature, however depending on the circumstances generic challenging assignments will be given.
- Along with the routines, ability to add value by new initiatives, learning and development
Job Location: Bengaluru
For more details and to apply, click here:
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