Senior Manager - US GAAP Accounting HYD LPA

Position: Senior Manager - US GAAP Accounting || HYD || Upto 40 LPA
We are hiring for the role of  Senior Manager - US Accounting  with an  Accounting and Professional services firm . The role is based in Hyderabad, India.

Position Summary:

As a Senior Manager – Corporate HQ Accounting Team, you will be responsible for weekly and monthly accounting. We are seeking a highly skilled and detail-oriented manager to join our Corporate Accounting team. The ideal candidate will have extensive experience in US GAAP accounting and a strong background in financial reporting, analysis, and compliance. This role requires a proactive professional who can manage complex accounting processes, mentor junior staff, and support the firm’s financial objectives.

Key Responsibilities:

• Prepare and analyze financial statements in compliance with US GAAP.

• Manage month-end, quarter-end, and year-end close processes, including journal entries, reconciliations, Book
-Keeping and variance analyses.
1) Account Payable:  - Review vendor bill on daily basis.
Categorized properly as per expense category.
Identify Fixed Asset and capitalized.
Identify prepaid and categorized.
Process employee reimbursement bills. Process credit card transactions.
Accounts Receivable:  - Customer Ledger reconciliation
Invoice payment knock off daily cash receipts knock-off report.
Prepare cash receipts report for legacy and non-legacy
2) Bank Reconciliation:  - Knock-off every bank transaction with vendor ledger.
Knock-off every payment received by the customer.
Knock-off all bank charges.
Knock-off legacy bank account transactions.
3) Month End Close:  - Fetch all bank reports and save on shared location.
Reconcile complete month bank statements.
Bill back to end client based on SOP and bill Memo.
Raise month end invoice (Spectrum Invoice).
Worked on WIP & AR reserves
Worked on WIP & AR Activity
Worked on Bad Debt Expense
Worked on Bonus Accrual
Worked on Hourly Accrual Payroll
Worked on Lease/Rent
Worked on Prepaid software
Worked on Prepaid others
Worked on Depreciation
Prepare schedule for all month end activities
Post journal entries of all month end activities

• Ensure compliance with federal, state, and local tax regulations, including preparing and reviewing tax filings.

• Collaborate with internal and external stakeholders for audits, ensuring accurate and timely deliverables.

• Implement and maintain internal controls to safeguard company assets and ensure financial accuracy.

• Stay updated on changes in US GAAP and relevant regulatory requirements, providing guidance to the firm as needed.

• Mentor and guide junior accounting staff, fostering a culture of learning and development.