Job Description

Manager

Location: Mumbai

Vacancy Type: Permanent

Work Timings: UK Shift

Work Mode: Hybrid

Manager - Management Company Operations (Corporate accounting)

Purpose of the role

We seek to hire an accounting professional to join the General Ledger and reporting Team and work on global Management company services out of Mumbai. This person will have a variety of responsibilities within the Accounting and reporting group. He/She will work closely with the private equity client's Management company group [based in the United States].

Role Overview:

The role will involve day-to-day accounting and reconciliations for our esteemed PE client. The role requires strong accounting, analytical and Excel skills. The successful candidate will be expected to work on various Excel models and accounting system to record and reconcile activities and ensure accurate accounting and Month-end/Quarter-end Financials.

Scope & Key Responsibilities

General Ledger Management:

+ Review the general ledger to ensure accurate and timely month-end and year-end closing activities.
+ Reconcile general ledger accounts and resolve discrepancies in a timely manner.
+ Review admin workpapers, prepare accruals, and adjustments in compliance with accounting policies.

Financial Reporting:

+ Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
+ Prepare monthly budget variance analysis, monthly cash flow forecasts
+ Provide insights and recommendations based on financial data analysis

Expense Allocations and Reporting:

+ Categorize expenses and allocate them across relevant departments, projects, or clients based on established rules and predefined criteria
+ Develop detailed reports and dashboards to visualize the results of expense allocations, offering insights into cost distribution, budget adherence, and financial performance across departments or entities

Audit Coordination:

+ Act as the primary point of contact for internal and external audits.
+ Prepare audit schedules, supporting documents, and reconciliations for auditors.
+ Address audit queries and ensure timely resolution of audit findings.

Process Improvement:

+ Identify opportunities for streamlining accounting and audit processes.
+ Implement best practices to enhance efficiency and accuracy.
+ Assist in the development and documentation of accounting policies and procedures.

Collaboration and Stakeholder Management:

+ Work closely with team and client to ensure accurate and complete financial data.
+ Communicate effectively with client, auditors, regulators, and management.
+ Train and mentor junior staff in accounting and audit practices.
Support client engagement and work as an extended partner and set up SLAs, checks and process controls.
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Qualifications & Education Requirements

CA or MBA Finance Work Experience-8-10 years

Preferred Skills & Competencies

Advanced proficiency of MS Office and automation of templates Highly desirable and demonstrated experience with accounting systems like Quickbooks, Zoho, Workday Expensify etc. Good conceptual understanding of US entity transactions like Fixed Assets, Payroll, Lease accounting, prepaid entries and amortization, accruals, travel exp reimbursement and bookings Experience in migration of processes from US based Management co to help set up in new tools and stakeholder management Well Organized, proactive and able to effectively prioritize and balance multiple efforts in a fast-paced, regulatory driven environment Exceptional analytical and problem-solving skills. Strong organizational and time management abilities. Excellent communication and interpersonal skills and know how to deal with international clientele Detail-oriented and able to handle multiple tasks simultaneously. Willing to work in UK shift timings * Strong experience in documenting processes and standard Operation Procedures