we are currently hiring for a deputy manager to handle india accounting for a globally well known fast fashion retail brand. the accounting supervisor will cover wide range of accounting/ finance operation, like fixed assets management, internal controls, statutory audit, icofr, internal audit, tax audit, monthly closing, group reporting, statutory accounting, etc. he/she is also expected to deal with several stakeholders within and outside of the organisation.
key responsibilities :
- following fr's global one policy and rule, at the same time need to comply with local regulatory requirement
- preparation of complete financial statements independently in accordance with ind-as, accounting policies, notes to accounts (including related party schedule/ disclosures, lease disclosure, fx exposure, msme reporting etc)
- conduct statutory audit, internal audit and tax audit with big 4 auditors within specified timelines. independently execute, planning phase, monitor, pbc, faciliate timely flow of information to auditors from finance and all other departments in company
- assist auditors in testing of internal control over financial reporting, providing samples, arrange meeting with other departments, risk assessment, resolve queries and satisfy operating effectiveness of icofr
- month end accounting and closure in according with fast retailing group guidelines and ifrs by business day 7, balance sheet and p&l analysis and preparation of schedules
- quarterly group reporting, filing group checklists, packages in accordance with books of accounts and balance sheet by business day 10
- finalizing monthly accruals with all departments, calculation of re-accrual by comparing invoices received for previous month invoices, accrual for leave encashment, gratuity, bonus etc
- review and ensure accuracy of prepaid expenses and monthly balances in balance sheet, review booking of store petty cash balances
- calculation of right of use asset and lease liability and