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22/07 Chetan Nalawade
HR at Morningstar

Views:497 Applications:153 Rec. Actions:Recruiter Actions:28

Morningstar - Manager - Accounts (5-10 yrs)

Navi Mumbai Job Code: 953989

Job Description:

The Team:

India finance team is an exciting and challenging place that manages and / or executes the stewardship, control, reporting, tax compliance and decision support functions for the India region. The team touches almost every operational area of the organization with almost every activity translating into financial actions, implications or decision support.

A gist of various activities performed by the team:

1. Accounting and validations: Accounts Payable, Accounts Receivables, Revenue accounting and reconciliation, Employee compensation - payroll review, cost accruals and costs accounting, Petty Cash, Expense accounting, Employee reimbursements, Intercompany cross charge, Monthly and periodic reporting

2. Compliances: Income Tax, including corporate tax, transfer pricing, withholding taxes; GST Compliances; RBI compliance and Compliance support to other functions such as secretarial and T&C (other payroll taxes)

3. Decision support on various organizational options, providing commercial-legal support

4. Ensuring financial controls and risk management framework

5. Dissemination of financial and management information

6. Budgeting / forecasting

7. Banking operations

Responsibilities:

The role will be participating in a combination of the following activities as assigned from time to time

1. Accounting and Controlling

a. Ensure that the global guidelines on accounting and reporting are adhered and complied with.

b. Responsible for timely monthly closure of books of accounts with ensuring completeness and accuracy in accordance with US GAAP.

c. Oversee all accounting operations including Billing, A/R, A/P, GL accounting, Revenue Recognition and Accounting for expenses.

d. Preparation and analysis of monthly financials for ensuring completeness and accuracy of financial numbers and ensuring preparation and review of all account reconciliations.

e. Responsible for preparation and audits of financial statements in coordination with the Statutory auditors for adherence with accounting standards & guidelines as required by local laws.

f. Responsible to payroll accounting and provide for second level review over monthly payroll.

g. Drive process improvements, cross functional co-ordinations, accounts clean up, modifications or system enhancements.

h. Establish / improve documentation for accounting processes.

i. Participate in the upgrades/version releases of respective accounting/ reporting tools, as well as system amendments/enhancements required to facilitate new/modified reporting requirements.

j. Controlling

i. Review adherence to control processes, identify gaps and rectify.

ii. Review relevance of controls at periodic intervals

k. Accounting Principles

i. Update on relevant local standards

ii. Coordinate with various stakeholders on impact on change in accounting standards

iii. Train the members of local finance on accounting standards

l. Stakeholder management - Ensuring all stakeholders are involved during modifications, changes or challenges in existing processes

m. Management information

i. Generating periodic information as should be relevant from controls and financial oversight perspective

ii. Support the FP&A team with details needed on various processes

2. Team Management

a. Task and transaction management

b. Trouble shooting on day to day tasks or questions

c. Guiding team members on task ownership and communications

d. Guide and train the team on various aspects of accounting and reporting and drive excellence in execution

e. Cross train team members to create redundancies and maintain continuity

Requisites:

1. Functional

a. Experience in an MNC environment for at least 3 years in a similar role

b. Total industry experience of at least 10 years

c. Adept to interacting with and understanding a global audience

d. Working knowledge of accounting standards and knowledge of US GAAP could be an added advantage

e. Knowledge of Oracle R12 can be a differentiator

f. Logical, analytical and process oriented

2. Soft skills

a. A team player - ability to manage the team through coordination rather than coercion

b. Result Oriented - Ability to draw to conclusions, Ability to provide solutions

c. Organized - Planning the execution before due dates /

d. Communications - The incumbent needs to have excellent communication skills to be able to explain aspects in a clear and timely fashion

3. Qualifications

a. CA with 5-7 years post qualification experience or B.com/ M.com with min 10 years work experience

Qualifications and Experience:

1. B Com/ M Com/ MBA /Inter-CA with at least 10-12 years of experience in accounting or

2. CA/ICWA with 5-7 years of relevant post-qualification experience in industry

Women-friendly workplace:

Maternity and Paternity Benefits

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