Job description

Experience Required: 2+ Years
Qualification: Chartered Accountant (CA)
Location: Borivali, Mumbai (On-site)

Key Responsibilities:
a. Financial Statement Preparation
• Prepare monthly and annual financial statements (balance sheet, P&L, notes) per IND-AS Division III.
• Ensure all disclosures meet ICAI/ICAI FRRB guidelines and reference checklists Assist with drafting accounting policies and reconciliations.

b. Financial Reporting & Month-End Closure
• Manage month-end close activities: journal entries, accruals, intercompany, reconciliations.
• Analyze financial variances and support forecasting. Drive timely monthly book closure.
• Maintain accounting records and document justifications.
• Contribute to financial reporting process improvements, SOP documentation, and internal controls.
• Collaborate with cross functional departments (tax, operations, treasury) to gather complete data.
• Stay updated on IND-AS developments and regulatory changes, ensuring alignment across reporting.

c. Cash Flow Statement
• Prepare Cash Flow Statements (IND-AS 7 compliant) using direct/indirect method, classify operating, investing, financing flows, including foreign currency breaks

d. Deferred Tax Computations
• Compute deferred tax assets/liabilities per IND-AS 12 (“liability method”) and work with auditors on tax disclosures
• Analyze timing differences and disclose appropriately.

e. Audit Coordination
• Support internal and statutory audits (quarterly & annual).
• Prepare audit schedules, respond to queries, and liaise with audit teams.
• Implement auditor recommendations and follow up in coordination with finance team.

Required Skills & Competencies
• Expert knowledge of IND-AS standards (especially 7, 12, and 1) and Schedule III requirements.
• Ability to prepare financial statements, cash flow statements, deferred tax computations et al.
• Proficient with accounting software (Tally, SAP, Oracle, MS Excel).
• Strong analytical thinking and attention to detail.
• Eloquent verbal and written communication—engaging with auditors and internal teams.
• Time management to meet tight monthly deadlines. Experience & Qualifications
• Qualified Chartered Accountant with 0–2 years experience in an accounting/finance function.
• Exposure to IND-AS accounting, financial statement preparation, deferred tax, and audit coordination.
• Exposure to professional audit or accounting firm is a plus.