Job Description – Senior Associate, Technical Accounting & US GAAP

Position: Senior Associate – Technical Accounting & US GAAP

Department: Finance & Accounting

Experience: 4–7 Years

Reporting To: Manager / Senior Manager – Finance & Accounting

Role Overview

We are looking for a technically strong accounting skilled with hands-on experience in US GAAP, technical accounting research, financial reporting, and complex accounting transactions. The individual will be responsible for researching and interpreting accounting standards, evaluating complex transactions, preparing technical accounting memos, and ensuring compliance with US GAAP requirements.

The role will involve working closely with the finance, controllership, and business teams to ensure accurate accounting treatment and consistent application of accounting policies.

Key Responsibilities

- Technical Accounting & US GAAP
- - Apply and interpret US GAAP standards for complex accounting transactions and business activities.
- Research technical accounting matters and provide recommendations on appropriate accounting treatments.
- Prepare technical accounting memos, position papers, and documentation supporting accounting conclusions.
- Evaluate complex transactions, including revenue recognition, leases, business combinations, stock-based compensation, and financial instruments.
- Monitor changes in US GAAP and assess their impact on financial reporting and accounting policies.
- Support the implementation of new accounting standards and updates.

- Financial Reporting & Compliance
- - Ensure accurate accounting and financial reporting in accordance with US GAAP.
- Review accounting entries and supporting schedules for compliance with applicable accounting standards.
- Support monthly, quarterly, and annual financial close processes.
- Assist in preparation and review of financial statements and related disclosures.
- Ensure consistency in accounting policies and procedures across business units.

- Audit & Stakeholder Management




- - Coordinate with external and internal auditors on technical accounting matters.
- Provide supporting documentation and technical accounting analysis during audits.
- Address audit queries and resolve accounting-related issues.
- Collaborate with global finance teams, controllership, and other stakeholders to ensure alignment on accounting treatments.

- Process Improvement & Documentation
- - Identify opportunities to improve accounting processes, controls, and reporting procedures.
- Develop and maintain accounting policies, procedures, and technical documentation.
- Ensure proper documentation and audit trails for significant accounting judgments and estimates.

Required Qualifications & Experience

- - Bachelor's or Master's degree in Accounting, Finance, or a related discipline.
- CA / CPA / ACCA qualification preferred.
- 4–7 years of relevant experience in accounting, financial reporting, or technical accounting.
- Strong hands-on experience and working knowledge of US GAAP.
- Experience in technical accounting research and preparation of accounting memos.
- Practical exposure to complex accounting areas such as ASC 606, ASC 842, ASC 805, ASC 718, and ASC 740.
- Experience working with external auditors and supporting financial audits.
- Strong analytical, problem-solving, and documentation skills.
- Excellent written and verbal communication skills.

Preferred Skills

- - Experience working with US-based finance and controllership teams.
- Prior experience in Big 4 accounting firms or multinational organizations.
- Familiarity with financial reporting systems and ERP platforms.
- Ability to independently research accounting matters and present well-supported recommendations.
- Strong attention to detail and ability to manage multiple priorities.

Key Competencies

- - Strong technical accounting knowledge.
- Analytical and critical thinking.
- Attention to detail and accuracy.
- Effective stakeholder management.
- Ability to work independently and collaboratively.
- Strong communication and presentation skills.

📌 Senior Associate FAAS (Gurugram)
🏢 Valueonshore Advisors
📍 Gurugram