01 Oct
|
Ascendion
|
Vadodara
01 Oct
Ascendion
Vadodara
Job Title: Technical Accounting Specialist (CA)
Location: Vadodara, Gujarat
Department: Finance & Accounts
Experience Required: 3–5 years post CA qualification
About the Role:
We are looking for a qualified Chartered Accountant (CA) with 3 to 5 years of post-qualification experience to join our growing finance team. The ideal candidate will be responsible for overseeing end-to-end financial operations, ensuring compliance, driving process efficiency, and providing strategic insights to management.
Key Responsibilities:
- Revenue Recognition & Contract Review: Review complex, multi-element sales contracts, including those with software, services, and licensing components, to determine and document the appropriate revenue recognition treatment in compliance with US GAAP (ASC 606) and Ind AS 115.
- Perform the five-step model analysis for all new and modified customer contracts, including identifying performance obligations, determining transaction price, and allocating the price.
- Work closely with Sales, Legal, and Business Operations teams to structure recent deals and product offerings to ensure optimal revenue recognition and financial reporting outcomes.
- Technical Accounting & Policy: Research, analyze, and document conclusions on complex technical accounting issues (e.g., business combinations, leases, impairment) under both US GAAP and Ind AS.
- Draft and maintain technical accounting memos, policies, and procedures to ensure consistency and compliance with current accounting standards.
- Assist in the preparation of statutory financial statements and ensure a smooth reconciliation and reporting of key accounting metrics between the two standards (US GAAP and Ind AS).
- Financial Close & Compliance: Support the monthly, quarterly, and annual financial close processes related to revenue and other technical areas, including preparing and reviewing journal entries and account reconciliations (e.g., deferred revenue, contract assets/liabilities).
- Serve as a key contact for both internal and external auditors, providing supporting documentation and explanations for revenue and complex accounting positions.
- Ensure effective internal controls (SOX/ICFR) are maintained and adhered to within the revenue recognition and technical accounting processes.
Key Skills & Competencies:
- Strong technical knowledge of accounting, taxation, audit, and compliance.
- Proficiency in Tally / SAP / Oracle / Excel / Power BI (as applicable).
- Excellent analytical, problem-solving, and communication skills.
- Proven ability to work under pressure and meet deadlines.
- Leadership qualities with the ability to mentor junior team members.
About Ascendion:
Ascendion is a leading provider of AI-first Software engineering Services. Our applied AI, engineering, cloud, data, experience design, and talent transformation capabilities accelerate innovation for Global 2000 clients. Ascendion is headquartered in New Jersey.
Our workforce delivers solutions from around the globe. In addition to our remote/hybrid workforce, we have 30 offices across the U.S., India and Mexico. We are committed to building technology powered by Generative AI with an inclusive workforce, service to our communities and a vibrant culture.
📌 Technical Accounting Specialist (CA) (Vadodara)
🏢 Ascendion
📍 Vadodara