06 Aug
|
Procyon Technostructure
|
Chennai
06 Aug
Procyon Technostructure
Chennai
Key Responsibilities
- Manage day-to-day accounting activities for the US entity.
- Prepare and maintain accurate financial records in compliance with US GAAP.
- Perform month-end and year-end closing activities.
- Maintain the General Ledger (GL) and prepare journal entries.
- Reconcile bank accounts, credit card statements, and balance sheet accounts.
- Manage Accounts Payable (AP) and Accounts Receivable (AR) processes.
- Generate and send customer invoices for IT Staffing, Consulting, and Managed Services.
- Track client payments and follow up on outstanding receivables.
- Process payroll and maintain payroll-related records for US employees and consultants.
- Support revenue recognition for Time & Material (T&M;), Fixed Price, and Managed Services projects.
- Coordinate with recruitment, operations, and sales teams to validate consultant timesheets and billing information.
- Prepare financial statements, MIS reports, cash flow statements, and management reports.
- Assist with budgeting, forecasting, and financial analysis.
- Coordinate with external CPAs for tax filings, audits, and regulatory compliance.
- Ensure compliance with US GAAP, internal financial controls, and company policies.
- Maintain confidentiality of financial and business information.
Required Skills & Qualifications
- Bachelor's degree in Commerce,
Accounting, Finance, or a related field (M.Com/MBA Finance preferred).
- 3-6 years of experience in US Accounting or US Bookkeeping.
- Strong knowledge of US GAAP and accounting principles.
- Hands-on experience with QuickBooks Online.
- Experience in General Ledger, AP, AR, Bank Reconciliation, Journal Entries, and Financial Reporting.
- Experience with month-end and year-end close processes.
- Solid proficiency in Microsoft Excel (VLOOKUP/XLOOKUP, Pivot Tables, IF formulas, etc.).
- Excellent analytical, problem-solving, and communication skills.
Preferred Qualifications
- Experience in IT Staffing, Consulting, or Managed Services accounting.
- Knowledge of US payroll processing, 1099, W-2, and payroll tax compliance.
- Understanding of consultant billing, client invoicing, and revenue recognition.
- Familiarity with ERP/CRM systems such as NetSuite, Oracle, SAP, Salesforce, or HubSpot.
- Experience working with US clients and remote finance teams.
Why Join Us?
- Opportunity to work directly with US clients.
- Exposure to global accounting practices and US financial operations.
- Collaborative and growth-oriented work environment.
- Career advancement in a fast-growing IT services organization.
📌 US Accounting & Payroll Executive (Chennai)
🏢 Procyon Technostructure
📍 Chennai