Accountant II, Expense Management
- Employer
- Confidential
- Location
- Chennai
- Posted
- Aug 26, 2024
- Closes
- Sep 27, 2024
- Ref
- 4840135182
- Level
- Staff
- Certification
- CMA: Preferred
- Work Mode
- Work from office
- Hours
- Full Time
- Organization Type
- Corporate
Lease Accounting Entries:
Accounts Payable:
Accruals:
Expense Report Management:
Financial Reporting:
Audit and Compliance:
Process Improvement:
Skills: Accounting Principles, Analytical Skills, Accruals, Process Improvement, Ms Office Applications, Financial Reporting, Accounts Payable, Attention To Detail, Communication Skills, Problem Solving Skills, Accounting Software, Interpersonal Skills, Audit And Compliance
Experience: 5.00-7.00 Years
- Prepare and post lease accounting entries in compliance with relevant accounting standards.
- Maintain accurate records of lease agreements and related financial transactions.
- Reconcile lease accounts and ensure proper classification of lease expenses.
Accounts Payable:
- Manage the accounts payable process, including invoice verification, approval, and payment processing.
- Ensure timely and accurate recording of accounts payable transactions.
- Reconcile accounts payable sub-ledger to the general ledger.
- Maintain relationships with vendors and respond to inquiries promptly.
Accruals:
- Prepare and post monthly accrual journal entries.
- Review and analyze accrual accounts to ensure accuracy and completeness.
- Reconcile accrual accounts on a regular basis.
- Reach out to relevant parties (i.e., FP&A, vendors, business owners) as needed to obtain accrual estimates or validate accruals.
- Review aged accruals on a quarterly basis (at a minimum) to ensure accuracy and completeness.
Expense Report Management:
- Oversee the expense report submission and approval process.
- Ensure compliance with company policies and procedures for expense reporting.
- Review and audit employee expense reports for accuracy and completeness.
Financial Reporting:
- Support the month-end and year-end closing processes.
- Conduct flux analysis on account fluctuations,identifying business drivers behind significant variances.
Audit and Compliance:
- Assist with internal and external audits by providing required documentation and explanations.
- Ensure compliance with accounting policies, procedures, and regulations.
- Ensure compliance with SOX requirements for their respective areas of responsibility.
Process Improvement:
- Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.
- Stay updated with changes in accounting standards and regulations.
- Bachelor s degree in accounting, Finance, or a related field.
- Professional qualification (CA/CMA Inter) is preferred.
- Minimum of 5 years of experience in accounting, with a focus on lease accounting, accounts payable, accruals, and expense report management.
- Experience working for a global company dealing with multiple currencies and handling fx entries.
- Strong understanding of accounting principles and practices.
- Proficiency in accounting software and MS Office applications.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Effective communication and interpersonal skills.
- Ability to work independently and as part of a team.
Skills: Accounting Principles, Analytical Skills, Accruals, Process Improvement, Ms Office Applications, Financial Reporting, Accounts Payable, Attention To Detail, Communication Skills, Problem Solving Skills, Accounting Software, Interpersonal Skills, Audit And Compliance
Experience: 5.00-7.00 Years