Magnitude Software Ind Pvt.Ltd
Location
Secunderabad | India
Job description
Job Description
Responsibilities
- Lead the design, development, and implementation of XBRL-based reporting solutions, ensuring alignment with regulatory requirements, industry best practices, and organizational objectives.
- Work closely with cross-functional teams, Product Owners to gather business requirements, analyse data sources, and define XBRL taxonomies for financial reporting.
- Conduct thorough analysis of disclosures, and regulatory filings to identify and interpret reporting requirements and data mapping specifications.
- Collaborate with external vendors, regulatory agencies, and standard-setting bodies to stay updated on XBRL taxonomy changes, updates, and industry developments.
- Provide subject matter expertise and guidance to internal stakeholders on XBRL-related matters, including taxonomy development, instance document creation, validation, and filing processes.
- Develop and maintain documentation, guidelines, and training materials for XBRL reporting processes and procedures.
- Perform quality assurance checks and data validations to ensure accuracy, consistency, and compliance with XBRL specifications and regulatory guidelines.
- Perform Business Acceptance Test of the software and making sure that it is compliant with the XBRL specifications and regulatory guidelines.
- Stay abreast of emerging trends, technologies, and regulatory developments in the XBRL ecosystem, and proactively identify opportunities for process improvements and innovation.
- Act as a mentor and knowledge resource for junior team members, providing guidance, support, and training on XBRL concepts, tools, and techniques.
Qualifications
- Bachelor's degree in Finance, Accounting, Business Administration, or related field. Master's degree or professional certification (e.g., CPA, CFA) preferred.
- Minimum of 6 years of experience working with XBRL, including taxonomy development, instance document creation, and regulatory filings.
- Strong understanding of financial reporting standards (e.g., US GAAP, IFRS) and regulatory requirements (e.g., SEC, ESMA) related to XBRL reporting.
- Proficiency in XBRL taxonomies, schemas, linkbases, and validation rules.
- Experience with XBRL authoring tools (e.g., Arelle, Altova), XBRL validation tools, and XBRL instance document creation software.
- Excellent analytical skills with the ability to interpret complex financial data and regulatory requirements.
- Strong communication, collaboration, and stakeholder management skills.
- Proven ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities with tight deadlines.
Additional Information
All your information will be kept confidential according to EEO guidelines.
.. At this time insightsoftware is not able to offer sponsorship to candidates who are not eligible to work in the stated work location . .
.. At this time insightsoftware is not able to offer sponsorship to candidates who are not eligible to work in the country where the position is located . ..
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At insightsoftware, we are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, national origin, gender, sex, gender identity or expression, sexual orientation, age, citizenship, marital or parental status, disability, veteran status, or other class protected by applicable law. We are proud to be an equal opportunity workplace.
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