Logo of Huzzle

Manager- India Accounting

image

Lenovo

19d ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Bangalore

AI generated summary

  • You must be a Chartered Accountant with 5+ years' experience in Corporate Accounting, adept in IND AS, FEMA, tax laws, and compliance, with strong leadership, analytical, and communication skills.
  • You will prepare financial statements, manage daily accounting with Accenture, support audits and tax assessments, track month-end entries, and ensure compliance with various regulations.

Requirements

  • Education Qualifications – Required Chartered Accountant with His/her core work experience should be in Corporate Accounting and handling statutory audits.
  • Professional Experience – 5+ years of post-qualification experience.
  • Technical Competencies
  • Knowledge of IND AS Indian GAAP.
  • Preparation and finalization of Financials independently.
  • Knowledge on FEMA compliance applicable to Import export including STPI related.
  • Must have knowledge on compliance related to Companies act, MSME Act, Income tax, GST Labour laws etc.
  • Leadership / Behavioral Competencies –
  • Highly motivated.
  • Able to work independently.
  • Good team player.
  • Analytical and detail oriented.
  • Good communication skills.

Responsibilities

  • Responsible for preparation and review of financial statements as per IGAAP Ind-AS. Coordination with internal teams and external auditors (Big-4’s) and ensuring smooth completion of audit within the agreed time frame.
  • Responsible to manage and monitor the day-to-day accounting work done by Accenture. Responsible to provide quarterly variance analysis and reporting for management review. Support tax team during Tax audits and providing details for tax assessments.
  • Responsible for preparing high-quality metrics for Balance Sheet, Segmented PL Cash-flow reviews with India CFO Group Chief accounting team.
  • Responsible for tracking monitoring and ensuring all month-end entries proper book closing cycle. Support chief accounting team on operational and strategic tasks challenges. Review of Key BS reconciliations on yearly basis.
  • Should have a good working knowledge of SAP. Should support for compliances related MCA, annual filing, MSME DPT-3 returns, FLA return etc.

FAQs

What is the educational qualification required for this position?

The required educational qualification for this position is a Chartered Accountant.

How many years of experience is necessary for this role?

A minimum of 5+ years of post-qualification experience is necessary for this role.

What are the key responsibilities of the Manager - India Accounting?

The key responsibilities include preparing and reviewing financial statements, coordinating with internal teams and external auditors, managing day-to-day accounting work, providing variance analysis, supporting tax audits, and ensuring compliance with various regulations.

Is knowledge of IND AS and Indian GAAP required for this role?

Yes, knowledge of IND AS and Indian GAAP is required for this role.

What software knowledge is important for this position?

A good working knowledge of SAP is important for this position.

Will this position involve compliance with labor laws and tax regulations?

Yes, this position involves compliance related to Companies Act, MSME Act, Income Tax, GST, and Labor laws.

Are there expected leadership or behavioral competencies for this role?

Yes, the expected competencies include being highly motivated, able to work independently, a good team player, analytical, detail-oriented, and possessing good communication skills.

What kind of financial reporting is the Manager - India Accounting responsible for?

The Manager is responsible for preparing high-quality metrics for Balance Sheet, Segmented Profit & Loss, Cash-flow reviews, and variance analysis for management review.

Who will the Manager coordinate with during the audit process?

The Manager will coordinate with internal teams and external auditors, specifically the Big-4 firms, to ensure smooth completion of audits.

What is the corporate mission of Lenovo?

Lenovo's corporate mission is to deliver Smarter Technology for All, focusing on building a more inclusive, trustworthy, and smarter future for everyone, everywhere.

Technology
Industry
10,001+
Employees
1984
Founded Year

Mission & Purpose

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$50 billion Fortune Global 500 company, with 57,000 employees and operating in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that create a more inclusive, trustworthy and sustainable digital society. By designing, engineering and building the world’s most complete portfolio of smart devices and infrastructure, we are also leading an Intelligent Transformation – to create better experiences and opportunities for millions of customers around the world.