Manager- US Accounting
Posted Updated
Description
Scope of work includes:
1.Financial Reporting & Compliance Leadership:
·Oversee the timely and accurate preparation of monthly, quarterly, and annual financial statements in accordance with generally accepted accounting standards (including Swiss GAAP and IFRS) and internal group policies.
·Ensure simultaneous accounts preparation as per Swiss GAAP and IFRS, including reconciliation reports on differences and equity.
·Lead books closure on working day 2 (post streamlining of financial processes and implementation of recommendations proposed) and facilitate reviews with OAG and HO finance teams.
·Prepare and present comprehensive management reports, budget-to-actual analyses, and key financial dashboards.
·Coordinate quarterly reporting packages and liaise independently with auditors for audit completion, including submission of audit schedules and reports within 20 days of quarter / year-end book closure. Days TAT shall be applicable post streamlining of financial processes and implementation of recommendations proposed.
·Assist in compliance with direct and indirect tax requirements as and when required, ensuring proper tax calculations under guidance of Sigil.
·Maintain and monitor overall company finance compliance, ensuring periodic hygiene review of financials and conducting quarterly checks for fraud detection.
·Conduct limited scope of Risk Refresh every 6 Months to revisit SOPs / risk-control matrices. Provide recommendations for improvement.
2.Financial Planning & Analysis:
·Lead the annual budgeting and forecasting process, coordinating the development of budgets and periodic forecasts in collaboration with business and functional units to ensure alignment with strategic objectives.
·Administer and control budget uploads in ERP.
·Analyze financial performance and variances across the entire organization, utilizing MIS tools to monitor performance, identify variances between actuals and budgets, and provide actionable insights for corrective measures.
·Conduct comprehensive risk analysis for P&L and Balance Sheets, including debt covenant monitoring and assessment.
·Prepare and present various financial reports for other functions such as production, consumption, and plant finance.
·Develop and manage Latest Estimates (P&L forecasts) and Long-Range Plan (LRP) excel workings and lead the provision strengthening process.
·Oversee Weekly Dashboards (such as the Tuesday reports) to monitor key performance indicators.
3.Financial Operations & Control:
·Direct and oversee all accounting operations including the general ledger, accounts payable, accounts receivable, and cost accounting functions.
·Maintain comprehensive and audit-ready financial records, utilizing robust document management systems for accessibility and compliance.
·Implement and monitor internal controls to ensure consistent accounting treatment and policy adherence, including reviewing documented checklists for month-end and year-end book closure.
·Conduct thorough GL scrutiny, analyzing control anomalies and provision impacts, supporting corrections and control issues.
·Oversee FX revaluations, ensuring clear segregation for Inter-Company and Non-IC.
·Manage and control capital expenditure reports, including CWIP tracking and conversion to Fixed Assets.
·Oversee internal PO approval support and implementation of its processes.
·Ensure accurate implementation of standard cost changes, reviews, and approvals.
4.Financial Operations & Control:
·Evaluate and optimize ERP modules utilization, particularly for Specialty Finance and Materials Management modules, that are currently underutilized.
·Lead the creation of Process Notes, documentation practices for Finance and SCM, written SOPs, and ensure adherence to them.
·Drive templating of the entire finance function, including PPT presentations.
·Ensure efficient creation of accounting/finance manuals / SOP / documentations and ERP booking processes with screenshots.
5.Strategic Support & Team Management:
·Manage, mentor, and develop the finance team, ensuring weekly workload and duties are aligned for all accountants, the Controller, and Cost Accountants as per the agreed calendar and OAG finance controls.
·Provide strategic financial insights and analysis to support overall business decisions.
Support the implementation of internal audit recommendations.
·Implement Advanced MIS for Monitoring: Leverage integrated MIS platforms to enable tracking of key financial metrics, facilitating timely decision-making and enhancing financial transparency.
3.Cash Flow & Working Capital Management
·Manage cash flow planning, liquidity forecasts, and working capital optimization strategies.
4.Audit & Governance Support
·Prepare and provide audit documentation, schedules, and reports using audit-friendly ERP tools and systems.
·Coordinate internal and external audits, providing access to system-generated logs, data extracts, and digital audit trails.
·Drive process improvements to strengthen audit readiness.