### When you join Verizon
You want more out of a career. A place to share your ideas freely -- even if they're daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love -- driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together -- lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the V Team Life.
What you'll be doing...
• Support the India statutory audit & filings process (including trusts), including PBCs for Intercompany, Forex, Payroll, Bank payments, annual accounting and other governmental compliance.
• Work closely with the local statutory team to assist them in compliance to the local statutory regulations including board report, management deck.
• Coordination of Internal control testing and Internal audit to ensure compliance with ICFR requirements.
• Support to conduct annual exercise of physical verification of fixed assets.
• Annual return/ information preparation and submission with RBI and MCA:
+ FLA
+ Annual accounts
+ SFT response
+ LEI renewal
• Accounting support for transfer pricing/ certificate and tax audit
+ Corporate tax filing
+ Income tax audit (Form 3CD)
+ Form 3CEAB and 3CEAC
+ Form 3CEB
+ TP Study
+ Annual GST audit
• Intercompany settlements as per FEMA regulation.
• Quarterly review of fixed assets register.
• Accounting support to Tax team for departmental corporate tax audits.
• Accounting support to Tax team for departmental GST audits
• Support the month end close, financial statement analysis and other tasks related to the maintenance and/or reconciliation of accounting records for India.
+ IND AS 116 - leases
+ Accounting data back on local server
• Support Associate Director, Accounting with accounting, analyzing and reporting.
• Perform month end reporting including P&L and Balance Sheet including account analysis and variance analysis.
• Perform required balance sheet reconciliation at month end. Ensure balance sheet reconciliations are completed and reviewed timely, research and resolve outstanding items timely with business owners.
• Ensure accruals, amortization journals are processed on a timely manner.
• Coordination for settlement of trusts contribution and settlements.
• Interacts with stakeholders within and outside of accounting organization to respond in an accurate and timely fashion to inquiries related to India activities.
• Perform Ad hoc analysis and reporting as required.
What we're looking for...
You'll need to have:
• Bachelor's degree or four or more years of work experience.
• Four or more years of relevant work experience.
• Experience in a financial accounting role preferably with global MNC.
• 1ERP/S4 HANA/SAP working experience.
• Expert Knowledge of Indian GAAP and Generally Accepted Accounting Principles and working knowledge of US GAAP.
• Experience in the preparation and review of general ledgers.
• Experience in preparation of monthly and quarterly management accounts with commentary on variances.
• Comfortable in managing huge data from multiple sources and ability in converting data to information.
• Expert skill in Microsoft office (Excel, Word and power point), GSuite.
• A natural team player/leader, and an ability to work effectively with your peers in other functions.
• Work well across functions and take ownership of the tasks that have been assigned to you.
Even better if you have one or more of the following:
• Good communication skills.
• Clarity of thought and ability to describe complex accounting concepts in a simple way.
• SAP S4 FICO certified.
• Experience gained whilst working in the IT or Telecommunications industry.
If Verizon and this role sound like a fit for you, we encourage you to apply even if you don't meet every "even better" qualification listed above.
### Where you'll be working
In this hybrid role, you'll have a defined work location that includes work from home and assigned office days set by your manager.### Scheduled Weekly Hours
40### Diversity and Inclusion
We're proud to be an equal opportunity employer. At Verizon, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected, and empowered to reach their potential and contribute their best. Check out our diversity and inclusion page to learn more.
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