16 Oct
|
Xoom
|
Bengaluru
Job highlights
- Initiate accounting processes to ensure financial statements meet local GAAP. Monitor the accounting closing process and post journal entries for any required adjustments in the local ledger. Support the organization in meeting local and global regulatory obligations. Drive process control rigor to support quarterly certification on financials.
- Minimum Qualifications
Job Summary This job initiates accounting processes to ensure financial statements meet local GAAP and monitor the closing process, posting journal entries for necessary adjustments. You'll meet statutory requirements for regulatory reports, external audits, and may participate in the preparation of financial statements. Additionally, you'll support the organization in meeting local and global regulatory obligations, prepare annual reconciliations between local GAAP and IFRS, and drive process control rigor to support quarterly financial certifications.
Essential Responsibilities
- Initiate accounting processes to ensure financial statements meet local GAAP
- Monitor the accounting closing process and post journal entries for any required adjustments in the local ledger
- Support the organization in meeting local and global regulatory obligations
- Drive process control rigor to support quarterly certification on financials
- Implement monthly financial reports and analytics to support structured risk-based monthly financial reviews
- Implement statutory financial statements and ensure timely completion of statutory audits
- Facilitate month-end, quarter-end, and year-end accounting close activities
- Review and prepare journal entries, account reconciliations, roll-forwards, and month-end reporting packages
Minimum Qualifications
- 3+ years relevant experience and a Bachelor's degree OR Any equivalent combination of education and experience.
What you need to know about the role We are seeking a detail-oriented and motivated Senior Accountant to join our Record-to-Report team.
This role plays a critical part in ensuring accurate financial reporting, maintaining strong internal controls, and ensuring timely month-end close activities. This role goes beyond execution and requires robust professional judgment, end-to-end process ownership, and the ability to operate independently while partnering cross-functionally.
This role is meant to provide support in the Americas time zone. The person applying should be willing to work the PST hours.
Your Impact The Staff Accountant will be responsible for preparing journal entries, performing account reconciliations, supporting close and reporting activities, and assisting with audits. This role provides strong exposure to core accounting processes and is well-suited for candidates looking to grow their career within a dynamic, fast-paced organization.
Your Day-to-Day
- Execute and period-end close activities, such as prepare and review manual journal entries, perform account reconciliations and account fluctuation analysis
- Own and manage end-to-end accounting processes, ensuring consistency, accuracy, and timelines of close
- Apply professional judgment in accordance with US GAAP, internal accounting policies, and SOX requirements
- Perform detailed variance (flux) analysis, identify root causes, and coordinate issue resolution with relevant stakeholders
- Act as a primary point of contact for assigned processes, partnering with Global Controllership, FPA, Tax, Treasury, and Operations teams
- Review work performed by Staff Accountants, ensuring adherence to quality standards, and provide coaching, guidance, and informal mentorship
- Drive process standardization, documentation, and continuous improvement across assigned processes
- Identify and implement automation and efficiency opportunities to improve scalability and reduce manual effort
- Perform testing and validation activities related to system enhancements or upgrades
- Lead and coordinate responses for internal and external audit requests related to assigned processes
What You'll Bring
- Bachelor's degree in Commerce, Accounting, Finance, or a related discipline from an accredited institution
- 5+ years of progressive accounting experience, preferably within a multinational environment
- Strong working knowledge of US GAAP and global accounting close processes
- Hands-on experience with supporting period-end close in an SLA-driven setting
- Proficiency with large ERP systems (SAP ECC/S4 preferred) and related close management, reconciliation, or automation tools (e.g., BlackLine)
- Advanced Excel skills (pivot tables, lookups, large data analysis)
- Strong written and verbal communication skills
Nice to Have
- CA (India), CPA (US), ACCA, or equivalent professional qualification
- Experience in technology, fintech, or payments industries
- Prepare and post routine journal entries in accordance with company accounting policies and US GAAP
- Perform account reconciliations, investigate variances, follow up on open or unusual items and monitor the aging
- Perform data entry and transactional accounting tasks with a high level of accuracy
- Support period-end close activities, including close checklists and deliverables
- Assist in maintaining process documentation, desk procedures, and close checklists
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Sr Accountant (Bengaluru)
🏢 Xoom
📍 Bengaluru