Job Description

Truevantage Business Services India Pvt. Ltd.

Position Description

Job Title: Senior Accountant


Reports to: Director - Accounting & Finance


Location: Gurugram, India

About Us

Crete Professionals Alliance ("Crete PA") was founded in June 2023 to partner with and drive growth in accounting and professional services firms across the United States. We are a growing professional services business focused on the Accounting industry, with teams and operations across multiple locations in the United States and India. As of January 2025, Crete PA is equivalent to a top 40 US accounting firm in revenue terms, and we aspire to be a Top 25 firm equivalent business in the near future. Crete PA is owned by ZBS Partners - a US headquartered investment vehicle that manages over $500mm in assets, founded by two partners with a strong track record building platforms in various industries, along with strategic investors Thrive Capital and Bessemer Venture Partners.

Position Summary

As a Senior Accountant - Corporate HQ Accounting Team, you will be responsible for weekly and monthly accounting We are seeking a highly skilled and detail-oriented Senior Accountant to join our Corporate Accounting team. The ideal candidate will have extensive experience in US GAAP accounting and a strong background in financial reporting, analysis, and compliance. This role requires a proactive professional who can manage complex accounting processes, mentor junior staff, and support the firm's financial objectives.

Key Responsibilities:

Prepare and analyze financial statements in compliance with US GAAP. Manage month-end, quarter-end, and year-end close processes, including journal entries, reconciliations, Book -Keeping and variance analyses.

1)

Account Payable

: - Review vendor bill on daily basis.

Categorized properly as per expense category.


Identify Fixed Asset and capitalized.


Identify prepaid and categorized.


Process employee reimbursement bills.


Process credit card transactions.

2)

Accounts Receivable

: - Customer Ledger reconciliation


Invoice payment knock off daily cash receipts knock-off report.


Prepare cash receipts report for legacy and non-legacy

2)

Bank Reconciliation

: -


Knock-off every bank transaction with vendor ledger.


Knock-off every payment received by the customer.


Knock-off all bank charges.


Knock-off legacy bank account transactions.

3)

Month End Close: -

Fetch all bank reports and save on shared location.


Reconcile complete month bank statements.


Bill back to end client based on SOP and bill Memo.


Raise month end invoice (Spectrum Invoice).


Worked on WIP & AR reserves


Worked on WIP & AR Activity


Worked on Bad Debt Expense


Worked on Bonus Accrual


Worked on Hourly Accrual Payroll


Worked on Lease/Rent


Worked on Prepaid software


Worked on Prepaid others


Worked on Depreciation


Prepare schedule for all month end activities


Post journal entries of all month end activities

Ensure compliance with federal, state, and local tax regulations, including preparing and reviewing tax filings. Collaborate with internal and external stakeholders for audits, ensuring accurate and timely deliverables. Implement and maintain internal controls to safeguard company assets and ensure financial accuracy. Stay updated on changes in US GAAP and relevant regulatory requirements, providing guidance to the firm as needed. Mentor and guide junior accounting staff, fostering a culture of learning and development.

Qualifications:

Bachelor's degree in accounting, Finance, or a related field (CPA or CA preferred) Minimum of 5 years of progressive accounting experience, preferably in a professional services firm. Proficiency in accounting software, specifically Oracle Netsuite and advanced Microsoft Excel skills. Strong understanding of US GAAP and financial reporting requirements. Exceptional analytical, problem-solving, and organizational skills. Excellent communication and interpersonal skills.

Work hours:

Since this role interfaces directly with US based colleagues and counterparts, it will require working between 2 pm and 12 am IST

Crete Professionals Alliance (including its subsidiaries) is an equal opportunity employer, considering all applicants for employment regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, sexual orientation, genetic information, or any other characteristic protected by state of federal law.