Accounting and Audit Manager

  • 51781
  • 16 Feb 2020
  • Chicago, IL
  • Accounting & Finance
  • $90,000 - $110,000
  • Kyle Pusateri

Job Description

Accounting and Audit Manager


Essential Functions:

 

  • Managing the Accounting team, workflow and approval of work done by the US accounting team and Transaction processing team based in India (TPC) on daily basis.
  • Assist in the preparation of the company‚Äôs annual budgeting process.
  • Preparation and review of monthly financial statements including cash flow and P&L.
  • Preparation and Circulation of Monthly Overhead Reports and variance analysis with budget.
  • Preparation of balance sheet and overhead related schedules for Quarterly Board Reviews.
  • Coordination with International branches for finalization of their accounts and consolidation of their accounts for company financial statements.
  • Finalization of Inter-company Reconciliations with TPC team.
  • Review biweekly payroll with outsourced HR firm.
  • Monitor bank balance and track future rolling cash flow to invest additional funds.
  • Maintain the integrity of the chart of accounts and vendor lists and keep that updated.
  • Prepare the Amazon & Walmart sales reports for organizations portal and also handle sales tax returns with help of tax consultant.
  • Coordinate year-end audit, prepare/review all audit schedules, confirmations.
  • Interaction with internal auditors and Dabur India group auditors.
  • Liaison with Bank and improve process.
  • Working for implementing host to host payment process with bank.
  • Liaison with insurance broker and detailed review of insurance premium and policies.
  • Inventory count coordination with Operations and Inventory auditors.
  • Review all disbursements prior to approval by CFO or CEO.
  • Review company credit rating by D&B and work with D&B to improve this.
  • Have detailed review for overheads and help management to control overheads.
  • Prepare sales commission reports and monitor timely payment of commissions.
  • Preparation of Monthly consolidated working capital report & capital commitment/Capex report.
  • Supervise staff and review any reporting prepared by accounting staff 

Qualifications:

 

  • Minimum work experience of 8 years or more is required.
  • A college degree is required with a major in accounting and a CPA designation is must.
  • Good communication, supervisory skills and the ability to work well with people is essential.
  • Good leadership skills are beneficial and required.
  • Knowledge of US GAAP accounting is must and should have a good experience in preparing financial statements including cash flow etc.