General & Operational Accounting Advisor

Job Description

Function

Finance

Cost Center

1074954052

Location

Gurgaon, Haryana - India

Region

Europe-France

Position

General & Operational Accounting Advisor

Grade

10

Reporting to

Director

Process Category

Shift Time Day/Afternoon

12.00 PM – 10.00 PM IST

Salary Range

Min.

Max.

As per market standard

Functional Role (Job Description)

Individual will be responsible for a range of critical financial activities, including transfer pricing, VAT, and inter-company transaction management. This role requires strong technical accounting knowledge, IFRS and the ability to act as a key liaison between our Global Business Shared Services (GBSS) team and different stakeholders, including higher leadership. The ideal candidate will possess excellent analytical skills, attention to detail, and a proactive approach to problem-solving.

Essential

Desirable

Education Background

Master’s degree in finance, Accounting, Commerce or relevant field.

Professional Accounting Qualification (CA/CMA or equivalent)

Work Experience

Typically requires 10-12 years relevant experience

Global experience of working with teams across Geographies will be given preference

Key Responsibilities

Key Responsibilities:        

• Transfer Pricing Management:

• Perform transfer pricing calculations and ensure compliance with internal policies and external regulations.
• Collaborate with relevant teams to implement and maintain transfer pricing models.

• VAT Calculation and Compliance:

• Oversee and perform accurate VAT calculations.
• Ensure timely and accurate VAT reporting and compliance with local and international tax regulations.
• Support annual statutory reporting as per local GAAP

• Liaison and Performance Management:

• Act as a primary bridge between the GBSS team and internal entity departments regarding Accounts Payable (AP) and Accounts Receivable (AR) performance.
• Monitor and review GBS performance metrics related to AP/AR, identifying areas for improvement and driving efficiencies.
• Review Vendor Invoices and payment proposals thoroughly before approval, ensuring accuracy, compliance, and adherence to company policies.
• Monitor and review end-to-end monthly closing activities, including accurate processing of accruals, prepaids and daily accounting entries (i.e. Salary accruals (bonus, overtime, sick leave, paid leave), Tax booking
• Review and post employee reimbursements.

• IFRS Expertise:

• Possess strong knowledge and practical experience with International Financial Reporting Standards (IFRS), with expertise in IFRS 9 (Financial Instruments) and IFRS 16 (Leases) for Vehicle, Building, ITAAS.
• Ensure the correct application of IFRS standards to company transactions and financial reporting

• Inter-company Transactions:

• Manage and reconcile inter-company transactions, ensuring proper accounting / FX impact and elimination.
• Resolve inter-company discrepancies and streamline inter-company processes.

• Balance Sheet Review:

• Conduct regular and comprehensive reviews of balance sheet accounts, ensuring accuracy, completeness, and adherence to accounting principles.
• Identify and investigate significant fluctuations / aged open items or unusual items.
• Prepare annual audit information for external auditors on specific balance sheet accounts

Knowledge and Attributes:            

• Strong attention to details with a high degree of accuracy.
• Good verbal and written communication skills.
• Display good planning and organizing abilities.
• Knowledge and prior exposure to international entities, foreign currency and inter-company transactions
• Demonstrated strong knowledge of International Financial Reporting Standards (IFRS), especially IFRS 9 and IFRS 16.
• Proficiency in financial software and ERP systems like SAP and BPC (added advantage).
• Able to deal with different individuals at all levels in the organization.
• Take full ownership of end-to-end scope.
• Deadline driven with ability to cope with difficult situations.
• Have a solution-oriented mindset.
• Proactive approach with the ability to think ahead in a fast-paced environment.      

Required Experience:       

• Extensive experience in a comparable role within a global organization
• Advanced expertise in statutory accounting
• Significant proficiency in financial systems and software  

Key Performance Parameters

|1 – Financial Accounting|2 - Month-End Closing Efficiency |3 – Transfer Pricing | 4 – IFRS I 5 – Stakeholder Communication I 6 – Control and Governance