Condé Nast India
Location
Mumbai | India
Job description
Condé Nast is a global media company, home to iconic brands including Vogue, The New Yorker, GQ, Glamour, AD, Vanity Fair and Wired, among many others. The company's award-winning content reaches 84 million consumers in print, 367 million in digital and 379 million across social platforms, and generates more than 1 billion video views each month.
The company is headquartered in London and New York, and operates in 32 markets worldwide, including China, France, Germany, India, Italy, Japan, Mexico & Latin America, Spain, Taiwan, the UK and the USA, with local license partners across the globe.
Position Summary & Scope:
Condé Nast India seeks an experienced Associate Director – General Accounting for a full-time staff position across its 4 titles – Vogue, GQ, CNT, AD and Global Shared Service Centre. This role will be responsible to ensure the highest professional standards in all aspects of general accounting and payroll in accordance with the Company's business objectives, its philosophy, accounting policies, and values.
Employees Headcount (India)- 750+ Employees
Mandatory:
Areas of Responsibility (Key Result Areas):
General Accounting:
1. To oversee the maintenance of the books of accounts in Workday accounting system as per the Accounting Standards and Companies Act, 2013
2. Managing the monthly Record to Report (R2R) exercise and maintain necessary controls on the expense provisioning exercise
3. To review and scrutinize the monthly Balance Sheet submissions and address any exceptions in coordination with the finance team
4. To remain updated and to disseminate information internally on changes in relation to compliances pertaining to Accounting Standards and Companies Act, 2013
5. To maintain quality and quantity metrics on the performance of the 'Procure to Pay' (P2P) function
6. To be the project lead for automation projects and lead process improvements for the finance function
Statutory/ Audit:
1. To prepare statutory financials, cash flow statements, and related schedules on a timely basis
2. To oversee the audit timelines, maintain a quality check on the submissions for 'prepared by client' data for the auditors and ensure timely closure of the audit
3. To maintain a risk control and process narrative document and to test the risk control matrix for finance functions and to oversee the testing of the risk control matrix for non-finance functions
4. To validate XBRL filing of financial statements as required under Companies Act 2013
5. To ensure minimum observations in the internal audit report
Monthly financial reporting:
1. Prepare and submit the monthly financial reports through the Oracle EPM BI tool under US GAAP and in compliance with the Global Accounting Policy.
2. To identify variances against historical submissions and validate the reports at functional levels
3. To analyze the reports and provide insights on the business performance
4. To stay updated on the reporting guidelines, seek clarifications with HQ as may be required for local adoption and maintain a consolidated reporting policy at the local level
5. To create ad-hoc business reports to supplement management business decision making
Payroll:
1. Responsible for:
a. Timely and accurate processing of payroll through a payroll service provider (ADP)
b. Dissemination of appropriate communication to the employees for any changes in the personal Income-tax provisions, compensation guidelines, and other benefits that are part of the cost to company
c. Full and final settlement of separating employees
2. To ensure the following activities are executed accurately and on a timely basis in accordance with local compliances in conjunction with a service provider (L K Nakashe):
a. The periodic payroll-related compliance returns are filed
b. Other employer-related compliance returns are filed
3. To maintain proper records and indexing in relation to payroll and payroll compliances
4. To handle the payroll compliance notices and interaction with the Government officer
Requirement:
1. 7-9 years of relevant experience with a qualification of a Chartered Accountant
2. Exposure to Workday and Oracle EPM BI tool is preferable
Job tags
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