Posted 1 month ago

Financial Accountant

MumbaiHybrid

AI Summary

Financial Accountant responsible for group consolidations, US GAAP reporting, books of USA entities, and financial statements. Develops accounting policies, supports month-end/year-end close, and coordinates regulatory filings and budgeting.

About this role

About Wahed:

The global financial system wasn't built for everyone. For millions of people, its reliance on interest (riba) creates a barrier to managing money and building wealth without compromising their values.

At Wahed, we're changing that. We are a global fintech company on a mission to build a new financial system—one that is ethical, accessible, and entirely interest-free. From our offices across the globe, our team is building products that were once deemed impossible, from pioneering Shariah-compliant equity ETFs, creating riba-free alternatives to high yield savings accounts, to creating no-leverage real estate investments for truly interest-free income producing assets. If you're driven to solve complex problems and believe finance should empower, not exclude, join us in building a more equitable financial future.

Job Description:

Responsible for timely preparation of yearly/monthly/quarterly Group consolidations as per US GAAP

Preparation of books of USA entities.

Ensuring real-time financial statements like balance sheet, P&L accounts, cash flow statements and income statements are available for business decision making.

Develop accounting policies to maintain and strengthen internal controls.

Research technical accounting issues for compliance

Support month-end and year-end close process

Ensure quality control over financial transactions and financial reporting.

Coordinate and direct the preparation of the budget and financial forecasts and report variances.

Drive key finance initiatives to improve performance and facilitate business growth.

Establish and implement financial reporting systems to comply with government regulations and legislation.

Coordinate and own preparation of regulatory reporting with local, state, and central government tax filings

Planning, budgeting, and forecasting

Performing financial reporting, ad-hoc business analyses and financial modelling

Historical trend analysis of capital and operating expenditures for budget creation and decision support

Consolidating and monitoring annual budgets and forecasts received from various functions and SBU Heads

Providing commentary for budget vs. actual result variations

Examine all financial reports and data closely to check for discrepancies.

Assist the management in presenting reports to senior executives, stakeholders, and board members.

Define, Review, Participate and implement Accounting Policies Procedures

Review the audit reports and Plan implementation of the audit recommendations.

Systemized the entire accounting and MIS cycle.

Manage intercompany accounts

Job Specification:

Proven work experience (2-3yrs) in Accounts/Finance function

Fresher CA

Hands-on experience with accounting software like Tally/QuickBooks/SAP

Familiarity with advanced formulas in MS Excel

Excellent analytical skills along with the ability to create and present detailed report.

Problem-solving attitude

Skills

AuditBudgetingExcelFinancial ModellingFinancial ReportingForecastingIntercompany AccountingInternal ControlsMISQuickBooksRegulatory ReportingSAPTallyTax FilingsUS GAAP