Associate/Assistant Senior Associate (GL and R2R) (Immediate Joiner)

Role & responsibilities

Quality, Productivity & Process Excellence

• Prepare and review accounting activities to maintain high quality and productivity standards.
• Identify, recommend, and implement process improvements within client accounting procedures to enhance efficiency, accuracy, and effectiveness.
• Ensure all process documentation is prepared, maintained, and updated with the latest changes.
• Monitor unassigned transactions and ensure timely and accurate resolution.

Month-End Close Process

• Complete and review the month-end close process, including reconciliations, journal entries, financial reporting, review, and analysis.
• Prepare and manage month-end close for mid-size clients (MRR $3K $7K).
• Draft and post monthly journal entries and ensure completeness of closing activities.
• Prepare effort tables and run allocations as part of the close process.
• Prepare monthly schedules and sub-ledgers for current assets and liabilities (deferred revenue, accruals, prepaids, etc.).
• Ensure proper documentation and review of monthly financials.
• Create and finalize monthly financial reports for clients and internal review.

Review & Accounting Oversight

• Review payroll entries, AP entries, and clearing account reconciliations for accuracy and completeness.
• Review AP aging and AR aging reports and highlight risks or discrepancies to Seniors/Managers.
• Reconcile clearing accounts and ensure timely resolution of outstanding items.
• Review and import budgets into the system and ensure alignment with financial reporting.

Compliance, Standards & Regulatory Support

• Ensure compliance with US GAAP and other applicable accounting standards.
• Assist in the development and implementation of accounting policies, procedures, and internal controls.
• Prepare 941 reconciliations and support 1099 preparation and filings.

Audit Support

• Assist in coordinating and supporting internal and external audits, including preparing audit schedules, documentation, and responding to audit queries.
• Provide support for basic audit-related activities to ensure smooth completion.

Client & Team Collaboration

• Assist Seniors and Managers in managing client queries and resolving accounting issues.
• Work closely with Managers and cross-functional teams to ensure seamless and timely service delivery to clients.
• Ensure effectiveness of internal and client communications in terms of language, tone, clarity, and content.
• Provide proactive status updates on all assigned tasks without follow-ups.

Mentorship & Knowledge Sharing

• Share knowledge and expertise with junior team members, providing guidance, training, and mentorship to support skill development in accounting and client management.

Preferred candidate profile

• Experience of nonprofit accounting principles will be an added advantage.
• Minimum Bachelor's degree in accounting or related field, MBA or CA inter preferred.
• Excellent analytical and problem-solving skills.
• Proficient in Microsoft Excel and other accounting software. (Preferred Xero)
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong attention to detail and accuracy.
• The successful candidate will have a strong background in GL accounting and experience working with US GAAP. AP background not required.
• Ability to apply accounting principles and solutions to meet unique client needs and clearly articulate proposed solutions to clients problems.
• Excellent presentation skills.
• Business and customer centricity Customer is priority.
• Willingness to work from office or home or in hybrid model as per the requirements.
• Self-starter, ability and willing.