09 Sep
|
Elico Healthcare Services
|
Hyderabad
09 Sep
Elico Healthcare Services
Hyderabad
We are looking for a finance professional to manage end-to-end accounting, compliance, and financial reporting for the Indian parent entity and its US subsidiary. The role requires strong expertise in multi-entity accounting, cross-border transactions, and coordination with auditors and consultants across geographies.
Location : Sanathnagar , Hyderabad
Key Responsibilities
1. Financial Accounting & Book Closure
· Manage end-to-end accounting for Indian entity and US subsidiary
· Ensure timely monthly, quarterly, and annual book closure
· Maintain accurate financial records in line with Indian Accounting Standards (Ind AS) and US GAAP (as applicable)
· Review journal entries, provisions, accruals, and adjustments
2. Consolidation & Group Reporting
· Prepare consolidated financials including intercompany eliminations
· Reconcile intercompany balances and resolve discrepancies
· Handle multi-currency accounting and translation (USDINR)
· Support management reporting and MIS across entities
3. Compliance & Regulatory
India:
· Ensure compliance with GST, TDS, Companies Act, and other statutory requirements
US:
· Coordinate with US CPA firms for accounting, tax filings, and compliance with Internal Revenue Service (IRS) requirements
· Maintain documentation and support for regulatory filings
4. Audit & Controls
· Lead statutory audits for Indian entity and coordinate US audits
· Ensure readiness for internal and external audits
· Strengthen internal controls and financial governance across entities
· Maintain proper documentation and audit trails
5. Foreign Exchange & Treasury
· Account for foreign currency transactions and forex gains/losses
· Monitor currency exposure and support hedging decisions (if applicable)
· Coordinate cross-border fund flows and repatriation
6. Systems & Process Improvement
· Work with ERP systems (e.g., SAP ERP, Oracle NetSuite, MS Dynamics or equivalent)
· Drive automation and standardization of accounting processes
· Improve closing timelines and reporting accuracy
7. Stakeholder Coordination
· Liaise with US subsidiary teams, auditors, tax consultants, and advisors
· Work closely with internal teams (sales, operations, R&D;) for financial inputs
· Provide actionable financial insights to leadership
Key Requirements
Education & Experience
· CA / CPA / CMA (preferred)
· B.Com/M.Com/MBA
· 6 plus years of experience in finance & accounting
· Experience handling overseas subsidiaries (preferably US)
Technical Skills
· Strong knowledge of Ind AS and exposure to US GAAP
· Experience in consolidation and multi-entity accounting including transfer pricing
· Understanding of cross-border taxation and compliance
· ERP proficiency (SAP / NetSuite / similar)
· Strong Excel and MIS/reporting skills
Behavioral Competencies
· High ownership and accountability
· Ability to work across time zones
· Solid problem-solving and analytical skills
· Attention to detail with a process-oriented mindset
Success Metrics (KPIs)
· Timely and accurate monthly closing across entities
· Zero major audit qualifications
· Clean intercompany reconciliations
· Compliance adherence (India & US)
· Improved reporting timelines and process efficiency
📌 Sr Finance Executive (US Operations) (Hyderabad)
🏢 Elico Healthcare Services
📍 Hyderabad