Accounting Supervisor - General Ledger - CA

Job Description: Accounting Supervisor - GL

A. Job Specific Responsibilities:

Month-end closing - GL closure: Among other activities, will include:

1. Analysis of monthly costs (direct & indirect), corporate and local allocations including a comparison of budget vs actual. This includes review of facilities, software usage, function costs, labor G&A etc.

2. Post necessary accrual / provision / reclass entries in GBS / HFM after management approvals.

3. Present variance analysis to the finance management and operations, explain reasons forchange and actions required.

4. Review reversal of previous month entries and ensure all necessary entries relating to AP, GL, treasury, payroll, prepaid amortization, depreciation etc. are accounted before GL closure.

Month-end reporting :

1.Post GL closure, generate trail balance, verify for completeness and accuracy and upload into HFM.

2. Post the entries in HFM & planning which were not posted in GBS or wrongly posted inGBS ((Burden release, accruals, entries on hold, IC mismatch etc.)

3. Prepare and upload balance sheet schedules in HFM with commentary

4. Participate in month end P&L (LRP) reviews with operations and provide explanations onkey changes and responses to the queries directed.

Financial Planning and forecasting :

1. Participate in annual financial planning process, provide inputs on direct and indirect costs (including labor G&A), APR and burden rates, facilities, software, local and corporate allocations etc. Present an analysis and commentary to local management on the key changes from last year.

2. Participate in quarterly rolling forecasts and provide inputs and insight on headcount, costs, and allocations along with a comparison with annual plan and actuals till date and assumptions for remainder of the year.

Trust accounting and compliance :

1. Ensure timely and accurate accounting, finalization, and audit of social security trust of Worley (Gratuity, PF, SF etc.)

2. Ensure monthly/ Quarterly/ yearly compliance of regulations governing the social security trust.

3. Ensure constant monitoring of trusts' investments, work with the investment advisors, keep an eye on market developments and take timely actions on investing, redeeming, exiting as necessary.

Audits :

1. Lead Management and Statutory Audit activities for the Worley entity. Be the focal point of contact for the auditors from audit planning to signing of audit report. Facilitate preparation of audit schedules, RCMs and management assessment; coordinate with other members of operational finance and facilitate submission of audit deliverables.

2. Respond to auditors' queries and coordinate responses from other stakeholders within operational finance.

Other activities :

1. Advance tax calculations - Prepare statement of estimated tax liability every quarter, considering the YTD actual results, forecast for the remainder of the year, exemptions, and changes to previous assumptions etc. Present the calculations to tax manager and operational finance leader for review and approval.

2. Blackline reconciliations - Prepare/Review/Approve all Balance Sheet accounts reconciliation in blackline as per assigned area of responsibility. Note actions from reconciliation review & take necessary actions in the current month.

3. Work towards automation of manual / mundane tasks, work with IT / process / FP&A team on designing / implementing dashboards for key cost items (e.g. labor G&A, facilities, software usage etc.)

3. Evaluate and validate vendor financial submissions for upcoming projects.

4. Any other ad-hoc tasks that are assigned by the local management

B. Minimum Qualifications:

Education: Chartered Accountant. Experience: 4-5 years in similar profile. Experience of audit in Big 4s would be preferred.

C. IT and other Skills:

1. Good working knowledge in MS Office Applications (specially excel and word)

2. Experience of Accounting Software - Oracle, would be preferred

3. Good communication, presentation, and inter-personal skills

4. Ability to contribute individually and work seamlessly with a group / team

5. Attention to details, inclination to deep dive, analyze, rationalize and act proactively