Accountant for India Legal Entities

Accountant

Labcorp is seeking a Accountant - India Legal Entities to join our team at Bangalore in Bangalore, ST.

Work Schedule

Bangalore office based, General shift

Job Responsibilities

• R2R (Record to Report) Responsibilities for India legal entities

• Financial accounting, Tax compliances, Controllership activities – US GAAP, India GAAP, GST, WHT, Corporate Tax, Statutory Audits, IA, Internal controls, Tax assessments etc.,

• Reporting to Finance Director, India Controllership

• Monthly book closing for US GAAP for India legal entities – in ERP system (PeopleSoft)

• Monthly Variance Analysis of PnL, Balance Sheet, taking appropriate actions

• Monthly reconciliation of balance sheet accounts for all legal entities

• Provide full explanations, calculations, supporting documentation and schedules for all reconciliations

• Ensure all reconciling items are cleared in a timely manner

• Communicate any process shortcomings or accounting control weaknesses identified

• Review, input and post monthly journals, as needed

• Review and ensure timely reconciliation of fixed assets sub-ledger and work with Asset

• Management team to resolve differences on a timely manner

• Working with multiple Internal stakeholders including Shared Services groups for month close, reporting and various accounting, controllership activities

• Maintaining Statutory books for India legal entities

• GST Returns filing, WHT taxes Returns on a periodical basis (Monthly, quarterly, annual)

• Handling Statutory Audit, Internal Audit, Internal Financial Control activities

• Responsible for GST Audits, Income Tax assessments, Responding and acting on Notices from

• GST, Income Tax authorities, supporting the Finance Director

• Monthly Cash flow management

• Export Invoicing, Intercompany reconciliations and timely payments/receipts as per FEMA Regulations

• Liaising with Banker, External Auditor, Tax consultants

• Effectively collaborating with internal stakeholders for role related

• Any other as required by the role and controllership department

Minimum Qualifications

• Chartered Accountant with 5-7 years’ experience in finance and accounting in US MNC subsidiaries, Compliance, Internal Controls

• Hands on working knowledge in ERP systems, especially PeopleSoft

• Should have partnered with Shared Services (Internal, External COEs)

• Strong accounting, tax, compliance, reporting skills

• Experience in handling External Audits, Internal Audits and Internal Financial Controls

• Hands on experience in MS Office, especially High XL skills

• Very good communication skills, self-starter, presentation

• Working knowledge of GST, Income Tax (Corporate Tax & WHT)

• Hands on working knowledge US GAAP and India GAAP

• Working knowledge on Indian Companies Act 2013

Preferred Qualifications

Controllership Experience is preferred

Labcorp is proud to be an Equal Opportunity Employer:

Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law. 

We encourage all to apply

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Experience Level

Senior Level