Accountant

1. Intercompany Entry Passing:

€¢ This involves recording financial transactions between different entities within the same corporate group.

€¢ Examples include charging management fees, transferring funds, or allocating shared expenses.

2. Finding and Rectifying Intercompany Account Entries:

€¢ Ensuring intercompany accounts are reconciled.

€¢ Identifying discrepancies (., one entity records a transaction, but the counterpart does not), correcting errors, and ensuring the books match across entities.

3. Handling Double or More Entries:

€¢ Making journal entries that affect multiple entities simultaneously. For example:

€¢ Entity A invoices Entity B; the entries reflect income for A and expense for B.

€¢ Allocation of common costs (., IT, utilities) across multiple entities.

4. Allocation of Expenses Between Companies:

€¢ Determining how shared costs, such as rent, software subscriptions, or HR services, are divided among entities.

€¢ Using methods like headcount, usage-based allocation, or revenue proportion.

5. Fundamental Understanding:

€¢ Candidates should have strong foundational accounting knowledge, including:

€¢ Double-entry bookkeeping principles.

€¢ Understanding intercompany reconciliation processes.

€¢ Proficiency with accounting standards applicable to intercompany transactions

• Experience

  2 - 8 Years

• No. of Openings

  15

• Education

  Graduate (B.A, B.B.A, B.Com, BDS, B.Sc, LLB)

• Role

  Accountant

• Industry Type

  Banking / Financial Services / Stock Broking

• Gender

  [ Male / Female ]

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Home

• Face interview location

  Ahmedabad