Statutory & Compliance Analyst (5-7 yrs)

Role Description:

We are looking for a Statutory & Compliance Analyst to join a dynamic team in Mumbai.

The ideal candidate will have a strong background in accounting, statutory audits, and compliance with both local and global requirements.

You will be responsible for managing statutory audits, ensuring compliance with accounting regulations, and maintaining a strong internal control framework.

This position requires someone who can work independently, communicate effectively with auditors, and navigate complex compliance requirements in a fast-paced MNC environment.

Key Responsibilities:

Statutory Audits Management:

- Lead and manage the statutory audit process independently, ensuring compliance with local tax laws and accounting regulations.

- Liaise with external auditors, provide necessary documentation, and ensure the timely completion of audits.

- Address any audit queries and provide clarifications as needed to auditors and internal stakeholders.

Compliance & Regulatory Reporting:

- Monitor and ensure adherence to local and global compliance standards for tax, accounting, and reporting.

- Ensure all statutory filings are completed on time, including tax returns, financial statements, and other required reports.

- Maintain awareness of regulatory changes and assess their impact on the company's operations.

Internal Control & Risk Management:

- Help implement and maintain a robust internal control framework to ensure financial integrity and mitigate risks.

- Review financial processes and workflows to identify areas for improvement and ensure compliance with industry standards.

- Assist in the implementation of control procedures for financial reporting and accounting processes.

ERP & Financial Systems:

- Work with ERP systems, ensuring accurate financial data entry and ensuring compliance with internal policies.

- Experience with ByD or other ERP systems is beneficial.

- Assist in system integrations and ensure all financial transactions are properly recorded and processed.

Financial Reporting:

- Assist with the preparation of monthly and annual financial statements, including supporting schedules and working papers.

- Prepare financial reports for internal stakeholders and management, ensuring compliance with all applicable accounting standards.

- Collaborate with the finance team to ensure timely and accurate reporting.

Collaboration & Stakeholder Management:

- Liaise with cross-functional teams such as tax, finance, and legal departments to ensure overall compliance and smooth audit operations.

- Provide guidance and support to junior finance team members, helping them understand compliance and audit procedures.

Minimum Qualifications & Experience:

Education:

Bachelor's degree in Accounting or related field.

Additional qualifications such as ACCA, CA, CPA are highly desirable but not mandatory.

Professional Experience:

- 5-7 years of professional accounting experience.

- Proven experience in managing statutory audits independently.

- Demonstrated knowledge of local compliance requirements for tax, accounting, and reporting.

Skills & Knowledge:

- Strong understanding of local and global compliance standards.

- Proficient in ERP systems, with specific knowledge of ByD considered an advantage.

- Advanced knowledge of Microsoft Office tools such as Excel, Word, and PowerPoint.

- Expertise in financial reporting, statutory filings, and audit coordination.

- Solid understanding of taxation principles and regulatory reporting.

Language Skills:

- Fluency in English is essential (both written and verbal).

- Knowledge of one or more local languages is preferred