GL Accountant / Sr. GL Accountant
Snowflake
- Pune, Maharashtra
- Permanent
- Full-time
- Support accounting for fixed assets (addition, depreciation, retirement) per accounting policy and in compliance with US GAAP and close calendar timelines.
- Review CWIP and select opex accounts and ascertain capitalization.
- Knowledge about accounting for Leasehold improvements, Asset Retirement obligations, a fair understanding of CCAs (ASU 2018-15), Internally Developed Software and ASC 842 and would be a plus.
- Review Opex and prepaid lines capitalization classification.
- Prepare and enter journal entries for amortization, correction, and classification of prepaid items.
- Identify and process entries for transactions that qualify as prepaid expenses.
- Book monthly/Quarterly prepaid net down and LT/ST reclass entries.
- Prepare schedule for prepaid expenses.
- PO and non-PO accrual booking during close.
- Search for URL
- Contra revenue accruals for partners and rebates
- Recons and flux for accruals
- COGS accruals including cloud costs.
- Prepare balance sheet reconciliations for all the accounts related to assigned areas.
- Track open items in the Balance Sheet Accounts and work with stakeholders to resolve them in a timely manner.
- Deep dive and explain significant movements in account balances by way of a commentary (Balance sheet Flux)
- Provide the required support for external, internal and SOX audits, process walkthroughs and workflows as and when required (primarily during quarter and year end audits)
- Work with cross functional teams to identify problems and process gaps and propose reasonable and creative solutions to improve processes including opportunities for automating manual processes or activities within a process.
- Create process documentation, namely Standard Operating Procedures (SOP) and update them at regular intervals in consultation with relevant stakeholders.
- Provide the required support for external, internal and SOX audits, process walkthroughs and workflows as and when required (primarily during quarter and year end audits)
- Adhere to the accounting and reporting deadlines as described in the monthly closing calendar.
- Support admin responsibilities for our reconciliation tool i.e., FloQast.
- Accounting Technician (ICAI) / CA Inter, CA/CPA/CMA
- CA Inter with 6 - 10 years' experience with a multinational company or CA with 4 plus years' experience in GBS/SSC. Experience of working in an Information Technology Company will be desirable.
- Required to work shifts to overlap with US time zones on critical days of month / quarter / year end close.
- Regular working hours 2 PM to 11PM (currently hybrid in office on Tuesday, Wednesday, and Thursday)
- Hands-on experience of Workday ERP is preferred.
- Working Knowledge on reconciliation tool would be a plus.
- Hands-on experience on MS office / office 365, (Excel, Word etc.). A good command of Excel is required.
- Proactive and problem-solving attitude
- Good command on English speaking and writing.
- Effective communication and interpersonal skills
- Adapts quickly to changes in a dynamic organizational structure and business processes.
- Ability to meet tight deadlines.
- Is a collaborator.