Financial Analyst
- Cyient
- 2 - 5 years
- Mysuru
- 28 days ago
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Job Description
Position: Financial Reporting Analyst
Work Location: Mysore, Karnataka (India)
Experience: Minimum 4 years experience in Management Reporting and Consolidation.
Education: CA (Inter), MBA / M.Com.,
Summary of Key Skills and Areas of Focus:
This role requires strong coordination between teams in India and the US, as well as attention to detail in financial reporting, auditing, and compliance activities.
- Financial Reporting and Analysis: working level understanding of Ind AS and experience with preparing financial statements.
- Past experience of US accounting is preferred
- CA firm experience with Statutory audit experience is preferred
- Good command over English
- Good verbal and written communication
Key Responsibilities:
- Reporting of Ind AS Financial Statements:
- Preparation and reporting of both standalone and consolidated Ind AS financial statements for the Indian corporate entity, including those related to the US subsidiary.
- Coordination and Reporting with the US Subsidiary:
- Collaborating with the Director of Finance and the finance team of the US subsidiary to publish monthly financial reports and analysis.
- Consolidating the trial balance of the US subsidiary with the corporate books of accounts in India.
- Audit Coordination:
- Liaising with statutory auditors to ensure the closure of the audit for the US subsidiary and corporate office.
- Asset and Liability Management:
- Reviewing and reporting on the aging of inventory, receivables, and other current assets, ensuring that adequate provisions are made in the financial statements.
- Ensuring periodic physical verification of inventory and fixed assets through local consulting firms.
- Loan and Finance Monitoring:
- Tracking the repayment of term loans, finance costs, and bank charges for both the US subsidiary and the corporate office in the US.
- Statutory Filings:
- Coordinating with local consultants to ensure that periodical statutory filings are completed for the corporate entity in the US.
- Payroll and Executive Spending Review:
- Reviewing the payroll for US corporate executives and reporting on it monthly.
- Monitoring and reviewing the monthly spending of US corporate executives, including credit card expenses related to travel, sales promotions, and other business activities.
Job Classification
Industry: Electronics Manufacturing (Electronic Manufacturing Services (EMS))Functional Area / Department: Finance & AccountingRole Category: FinanceRole: Financial AnalystEmployement Type: Full timeContact Details:
Company: CyientLocation(s): Mysuru
Keyskills: Communication Skills SAP Audit Management US Accounting Ind As
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Cyient
At Cyient, we work towards improving the daily lives of people with unwavering focus. From a quieter flight to a safer train journey, a more reliable energy supply, or a faster internet connection, we provide engineering, manufacturing, geospatial, network and operations management services to indus...
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