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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