Statutory Accountant Salary in Maharashtra - PayScale

PACCAR India is offering a fantastic fulltime opportunity to join there accounting team as a General Accountant. This position will report to the PACCAR India Director:General Accounting and be responsible for the accounting and forecasting for PACCAR India.Job Functions / Responsibilities::This person will be responsible for accounting and analysis::Developing contacts and working closely with PACCAR divisions across the U.S. including Human Resources, Accounting and Benefits.:Prepare monthly financial forecast.:Prepare and Record Intercompany Invoices with PACCAR divisions.:Review Receivables statements in accordance with established frequency and identify discrepancies, ensuring aged items are addressed timely.:Ensuring accuracy of timecard data used for invoicing.:Identify and implement process improvements.:Generate E:invoices as per the GST timelines.:Obtaining information from PACCAR division/other departments to ensure records are accurate and complete and that accounts receivable ledgers and journals are up to date.:Support annual budgeting process.:Prepare monthly journal entries and account reconciliations.:Participate in Internal Control reviews, SOX testing and various special projects and ad hoc reports as assigned.:Compile and analyze overhead spending.:Analyze monthly financial results and prepare management reporting package.:Review margins as per transfer pricing regulations.:Prepare aging analysis to resolve issues/ discrepancies.:Support local tax such as GST, internal audit, and statutory reporting requirements.:Participate in year:end closing activities, as assigned. Technical / Professional Experience Required::Ability to handle multiple priorities, meet deadlines and self:motivated.:Excellent analytical capabilities and attention to detail with a "big picture" focus:Ability to influence and work with employees at all levels of the organization:Must be a self:starter, able to meet deadlines and work as part of a team:Ability to work under pressure with deadlines:Strong organizational skills, including the ability to manage multiple projects.:Outstanding written, verbal, and interpersonal skills:Excellent analytical and technical accounting skills:Requires strong PC skills with Excel, Word, Access, PowerPoint :Understanding of IGAAP and Internal Controls:Strong command on English language, with good presentation skills Education Requirements::Bachelor of Commerce:Chartered Accountant (CA):1:3 years relevant work experience Technical / Professional Experience Desired: :SAP experiences a plus Competencies::Act with Integrity:Demonstrate Adaptability:Drive for Results:Influence Others:Lead Innovation and Quality Initiatives:Manage Execution:Manage Talent:Use Sound Judgment / Business Acumen

Key Responsibilities for the Accounting Specialist position:Ensure timely, accurate execution of accounting tasks to meet organizational standards:Handle day-to-day accountingConduct monthly/quarterly/annual closing activitiesPerform monthly balance sheet reconciliations using Black Line applicationAnalyze monthly fluxes in trial balances, providing explanations for significant fluctuationsManage quarterly/year-end schedulesPrepare financial statements per Indian GAAP, including statutory audit schedulesMaintain effective internal controls, supporting external and internal auditsAssist tax team in preparing various tax reports and auditsContribute to developing, testing, and implementing process automation, including macros and Robotics Process Automation (RPA)Drive process improvements to enhance productivity.Successful candidate for the Accounting Specialist position should have: 5 years of Post Qualification Experience (Post - CA)B.Com.Chartered Accountant ExperienceFinancial Accounting with IGAAP/USGAAP (6-7 years)Corporate / public accounting (2-3 years)Western multinational (2-3 years) CompetenciesHighly proficient financial accountant following IGAAP and US GAAPResults driven. Highly motivated with strong aspirations to achieve and develop.Process-oriented mindset.Interest in broad array of finance disciplines.Detailed and analytical thinker.Proficient in SAP finance - financial accounting module - (ECC - FICO)Proficient in Microsoft office (Excel)Good communication skills.Highly collaborative. Able to work across levels & roles.Fluent in English (written and verbal).

Job Responsibilities of the Manager - Accounting and Finance General Ledger AccountingAccounts PayableAccounts receivableTDS/GST compliances & NoticesEmployee ReimbursementsVendor Master ManagementReporting & Closing:Timely closing and reporting every monthEnsuring all Balance sheet accounts are justifiedDaily reconciliation of bank accountsCompliance to IND AS (local reporting) and IFRS (Group reporting)Audits:Co-ordination with Auditors and timely completion of Statutory, Tax and Group AuditAccounts Payable:Invoice booking as per the timelinesMaking Vendor payments on timeCreation of Vendor master within timelinesRegular vendor and intercompany account reconciliationsReview and cleaning of Aged vendor payables, advances and GRNIAccounts receivable:Accounting of Customer paymentsProviding analytical reports to StakeholdersInternal Controls:Ensuring all processes are complying with the Group Internal control frameworkTax Compliances:All requirements related to TDS and GST are compliedSimplification/Automation:Continuous review of processes to identify automation and simplification opportunitiesTeam Management:To provide leadership, direction and management to the finance shared services center team in amanner that ensures exceptional service to all stakeholders and that produces market differentiationand competitive advantageDevelop a strong team through continuous team engagement and motivationKey Skills & AttributesAbility to operate in a high work pressure environmentResult drivenGo getter, proactiveCollaborative, cross functional workingMulti stakeholder managementEthical & CompliantRequirements for the Manager - Accounting and Finance Position: Qualification & ExperienceChartered Accountant or MBA in Finance or Experienced Inter CAApproximately 5 years post qualification experience, working in the Financial Shared Services domain in a Manufacturing set up would be preferredMNC Experience desired. Executives working with reputed Indian MNC's could also be consideredExpertise in General ledger accounting, Accounts Payable, Accounts receivable, Auditing, Group reporting and adept to tax compliances and SAP processes.Proficiency in Digital Tools / Automation

Key Responsibilities of Senior Financial Analyst:Actively engage with internal and external auditors for timely completionof audits.Prepare financial statements as per Indian GAAPAssist in preparation and review of monthly balance sheet reconciliations and preparing quarterly BPC statutory packs.Provide support in ensuring timely compliance with external regulatory requirements.Identity and implement initiatives to simplify and strengthen processes.Monitor internal controls as per the Group frameworks and ensure corrective actions are implemented on timely basis.Assist in review and monitoring intercompany accounts to ensure the transactions are valid, reconciled and settled as appropriate with guidance from group Treasury.Ensure accurate maintenance of fixed asset register, periodical physical verification, and reconciliation.Ensure posting of depreciation journal as per statutory requirements.Candidate specification: Senior Financial Analyst *CA is mandatory for the position* * Education Qualification- Chartered Accountant with minimum one totwo years of working experience* Strong analytical ability with effective communication andinterpersonal skills* Conversant in the use of Microsoft products and experience in otherERP systems* Proven ability to produce accurate financial reports to tight deadlines.