Accountant in Chennai, India

Job Overview:

The accountant is responsible for applying existing knowledge and experience in the accounting discipline to support routine assignments. They will use best practices and knowledge of internal or external issues to improve products or services in the accounting discipline.

Key Tasks and Responsibilities:

• Setting up of branch accounting codes, reclassify entries to the branch codes and preparation of standalone financial statements/accounts.

• Assisting in implementation, return filing of UAE Corporate tax and transfer pricing requirements.

• Assisting in closure of inactive branches.

• Assisting in preparation of documentation/supports for the purpose of Qatar and Mauritius tax assessments.

• Assisting in inter-company billing for Saudi, Qatar and Abu Dhabi projects.

• Assisting in financial information reports for Surveys and Bids.

• Assisting in the audit of CBI Egypt from FY2022 onwards.

• Tasks relating to additional commingled entities 1416, 1431 and1423 forming part of statutory audits.

• Assisting in ledgerization activities for FY2023 including review of inter-company balances for Saudi, Qatar and UAE.

• Analyzing allocation of costs and transfer of balances to the relevant entities – resulting in on-top adjustments for the purpose of statutory audits.

• Assisting in the activities of Qatar and UAE ICV audits.

• Assisting in adjustment for GDOE balances and related WHT entries on monthly basis.

• Assisting in processing of payroll markup entries for Dubai related to Qatar.

• Ensure IC agreements are in place for all projects for Abu Dhabi and Saudi.

• Review and settlement (non-cash) of IC balances for all entities on quarterly basis.

• Maintain internal financial control over an area of responsibility

• Apply principles of accounting to analyze financial information and prepare financial reports

• Compile and analyze financial information to prepare entries to accounts such as general ledger

• Follow work procedures and expedite workflow

• Examine work for exactness, neatness, and conformance to company accounting policies and procedures

• Analyze records of present and past operations, trends, and costs

• Develop and maintain a computer-based system following corporate accounting procedures

• Ensure that all activities involving foreign currency are hedged according to company policy

• Prepare weekly, monthly, quarterly, and annual reports as required

• Align and coordinate with other departments and maintain a good working relationship to ensure overall efficiency

Essential Qualifications and Education:

• Bachelor’s degree in accounting or finance preferred

• 3-4 years of relevant experience

• Strong technical, team, and communication skills

• Ability to multi-task and manage tight reporting schedules

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McDermott is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, genetic information, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.