At a glance
- Workplace
- Onsite
- Location
- Bengaluru, Karnataka · Bengaluru
About the role
- Avathon is seeking a Senior Accountant Associate to join their rapidly expanding team of seasoned finance professionals in Bengaluru, reporting to the Finance Head (India).
- This position plays an important role in helping shape the accounting team as the company grows, providing exposure to various accounting processes and business process optimization for both the US parent company and the India subsidiary.
Responsibilities
- Review customer contracts and assess contractual terms to determine the appropriate accounting treatment and revenue recognition methodology.
- Prepare and maintain monthly revenue recognition schedules and templates for both India and US entities.
- Perform monthly reconciliation of contract assets and contract liabilities and investigate variances or unusual movements.
- Partner closely with Project Managers and operational teams to identify project milestones and trigger points impacting revenue recognition.
- Own invoicing activities for India and US entities ensuring timely and accurate billing.
- Perform weekly cash posting in Intacct for the parent entity and ensure cash receipts are accurately applied against customer invoices.
- Maintain amortization schedules for prepaid expenses, PPE and intangible assets, and prepare monthly depreciation and amortization entries.
- Compute sales tax liabilities and prepare necessary accounting entries while maintaining supporting schedules and documentation.
- Support month-end and year-end close processes, maintain strong accounting controls, and support automation initiatives.
Requirements
- Total at-least 5 years experience with 3 to 4 years of experience in accounting roles with exposure to revenue accounting.
- Bachelor’s degree in commerce, Accounting, or Finance.
- Strong understanding of accounting principles and month-end close processes.
- Hands-on experience with AP and intercompany accounting.
- Working knowledge of GST and basic compliance requirements.
- Proficiency in Excel and familiarity with ERP systems (Intacct & Zoho Books).
Preferred qualifications
- Professional accounting qualification (CA Inter / ACCA / CMA – pursuing or completed) is preferred.
Workplace
- Onsite 5 day workweek in Bangalore
Skills
- Excel
- Intacct
- Zoho Books
- GST