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Finance Manager, India Accounting

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Amazon

3mo ago

  • Job
    Full-time
    Expert Level

AI generated summary

  • You need 8+ years in finance/accounting, CA/CPA/ICWAI, strong US GAAP/Indian standards knowledge, 5+ years in tax/analysis, and experience with SQL/reporting tools. Excellent communication skills are essential.
  • You will handle accounting for a business vertical, prepare monthly accruals, drive process efficiencies, evaluate new project accounting, coordinate audits, and collaborate on global accounting standards.

Requirements

  • 8+ years of relevant experience in big 4 audit firms, multi-national corporate or operational accounting experience.
  • CA, CPA or ICWAI qualification is a must.
  • Good communications skills and able to work effectively with teams in India and US.
  • Understanding of US GAAP, Indian Accounting Standards and communicate frequently with external auditors and regulators ensuring that Amazon India is compliant with all applicable laws, pronouncements and regulations.
  • The successful candidate will be a self-starter, a collaborative team-player, and an excellent communicator.
  • Candidate will also have good written and oral communication skills, solid organizational, risk assessment and some information technology aptitude.
  • Prior experience of managing relationship with Big 4 auditors will be an added advantage.
  • 5+ years of tax, finance or a related analytical field experience.
  • 5+ years of multiple finance and accounting roles experience.
  • 6+ years of Accounts Receivable or Account Payable experience.
  • 6+ years of applying key financial performance indicators (KPIs) to analyses experience.
  • 6+ years of building financial and operational reports/data sets that inform business decision-making experience.
  • 6+ years of creating process improvements with automation and analysis experience.
  • 6+ years of participating in continuous improvement projects in your team to scale and improve controllership with measurable results experience.
  • Bachelor's degree in engineering, statistics or business, or Bachelor's degree and 5+ years of quantitative role (engineering, process re-engineering, quality assurance) experience.
  • 6+ years of identifying incomplete or inaccurate data, identifying the root cause and creating/implementing an escalation plan experience.
  • 6+ years of solving complex business challenges by delivering accurate and timely financial models, analysis, and recommendations that have a proven impact on business (e.g., financial savings, operational improvements, or customer benefits) experience.
  • MBA, or CPA.
  • Knowledge of SQL/ETL.
  • Experience working with large-scale data mining and reporting tools (examples: SQL, MS Access, Essbase, Cognos) and other financial systems (examples: Oracle, SAP, Lawson, JD Edwards).
  • Experience delivering forecasting, budgeting, and variance analysis, and data interpretation of results.

Responsibilities

  • Accounting and analysis of a specific business vertical and/or function.
  • Preparation of monthly accruals as part of month close activity.
  • Driving efficiencies in business processes and guiding business teams on accounting areas.
  • Evaluating accounting positions for new projects and writing technical position paper.
  • Partnering with the members of the global accounting organization to develop process improvement initiatives, and assist in the identification of accounting standards for global consistency.
  • Coordinating with auditors for timely closure of statutory audit and tax audit.

FAQs

What is the role of the Finance Manager in the India Accounting team?

The Finance Manager will be responsible for supporting financial reporting processes, internal control assessments, technical accounting research, and driving process improvements across various accounting functions.

What qualifications are required for this position?

A CA, CPA, or ICWAI qualification is a must, along with at least 8 years of relevant experience in big 4 audit firms, multi-national corporate accounting, or operational accounting.

Is experience with US GAAP necessary for this position?

Yes, a good understanding of US GAAP, Indian Accounting Standards, and relevant compliance regulations is essential for effective communication with external auditors and regulators.

What experience level is expected for candidates applying for this role?

Candidates should have a minimum of 10+ years of professional experience related to financial accounting, reporting, and internal control responsibilities.

Will the Finance Manager interact with global teams?

Yes, the Finance Manager will need good communication skills to work effectively with teams in India and the US.

Are there specific software or tools that experience is preferred with?

Preferred qualifications include knowledge of SQL/ETL and experience with large-scale data mining and reporting tools like SQL, MS Access, and financial systems such as Oracle or SAP.

What are the primary responsibilities of this position?

Responsibilities include accounting and analysis for specific business verticals, preparation of monthly accruals, driving process efficiencies, evaluating accounting positions for new projects, and coordinating with auditors.

Is prior experience with Big 4 auditors an advantage?

Yes, prior experience managing relationships with Big 4 auditors is considered an added advantage for this position.

What educational background is required for this role?

A Bachelor's degree in engineering, statistics, or business is required, or a Bachelor's degree plus 5+ years of experience in a quantitative role.

How important is communication in this role?

Strong communication skills are critical, as the Finance Manager will need to engage effectively with various stakeholders and teams across multiple locations.

Retail & Consumer Goods
Industry
10,001+
Employees
1994
Founded Year

Mission & Purpose

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. We are driven by the excitement of building technologies, inventing products, and providing services that change lives. We embrace new ways of doing things, make decisions quickly, and are not afraid to fail. We have the scope and capabilities of a large company, and the spirit and heart of a small one. Together, Amazonians research and develop new technologies from Amazon Web Services to Alexa on behalf of our customers: shoppers, sellers, content creators, and developers around the world. Our mission is to be Earth's most customer-centric company. Our actions, goals, projects, programs, and inventions begin and end with the customer top of mind. You'll also hear us say that at Amazon, it's always "Day 1."​ What do we mean? That our approach remains the same as it was on Amazon's very first day - to make smart, fast decisions, stay nimble, invent, and focus on delighting our customers.