Senior Accountant - Professional Services Firm

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

3) 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.

4) 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 3 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.