Valueonshore Advisors GURUGRAM | BANGALORE | MUMBAI
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Job Title: Associate - FAAS
Company Overview
Valueonshore Advisors is a niche advisory services firm founded by senior professionals from Big 4 and leading industry roles. Our mission is to deliver insightful, hands-on, and implementable solutions to complex business challenges. We specialize in bringing value through financial excellence and regulatory compliance.
Position Overview
We are looking for Chartered Accountant with 3-4 years of post-qualification/relevant experience to join our Finance and Accounting Advisory Services (FAAS) team as an Associate. The ideal candidate will have hands-on exposure to end-to-end Indian accounting, Ind AS, and the basics of US GAAP, along with working experience in Accounts Payable/Receivable, Month-End Close, India taxation, and audit support for India/US based clients or subsidiaries.
The Associate will execute day-to-day accounting, reporting and compliance deliverables, working under the guidance of Managers and Senior Managers.
Key Responsibilities
1. Ind AS / US GAAP & Compliance Support
- Prepare monthly, quarterly, and annual financial statements in accordance with Ind AS, and support US GAAP / IFRS reporting as applicable
- Assist in GAAP conversions and multi-GAAP reconciliations, with appropriate documentation and working papers
- Support the review of accounting treatments and prepare accounting memos on routine matters under supervision
- Support SOX control documentation, testing and remediation tracking
- Assist in meeting tax, regulatory and statutory compliance requirements
2. Accounts Payable & Receivable
- Review AP/AR processes to ensure accurate and timely invoicing, collections, and disbursements
- Perform vendor and customer reconciliations, ageing analysis and follow-ups on open items
- Review accruals, prepayments and provisions, and support resolution of queries on US transactions
3. Month-End Close & Consolidation
- Execute monthly, quarterly, and annual closing activities in line with US timelines and close checklists
- Prepare journal entries, account reconciliations and balance sheet schedules
- Assist in preparing consolidated financials, including intercompany reconciliations and eliminations
4. Taxation & Regulatory Reporting
- Support computation and filing of Indian direct and indirect taxes, including GST, TDS and advance tax, with GST/TDS reconciliations
- Assist in transfer pricing documentation and tax provisioning, as required
- Coordinate with US tax consultants by providing data and schedules for federal, state, and local tax filings
5. Audit & Internal Controls
- Prepare audit schedules and respond to queries from internal and external auditors
- Maintain up-to-date documentation for audit trails and control compliance
- Support internal control testing and highlight control gaps to the reporting manager
6. Financial Reporting & Variance Analysis
- Prepare MIS and management reports, including monthly variance analysis against budget and prior periods
- Provide inputs on key performance drivers, trends and forecasting to the senior team
7. Team Collaboration & Development
- Work closely with Managers and clients to deliver accurate, timely outputs
- Guide and review the work of interns and article assistants, where assigned
- Continuously build technical knowledge of US GAAP, Ind AS
Qualifications
- Chartered Accountant (CA) with 3-4 years /MBA of post-qualification experience in finance and accounting, preferably in a Big 4, CA firm or advisory/outsourcing environment.
- Sound knowledge of Ind AS and Indian taxation (GST, TDS, Income Tax); working knowledge of US GAAP will be an advantage.
- Exposure to month-end close, consolidation and audit support
- Hands-on experience with ERP/accounting systems (e.g., Microsoft Dynamics, SAP, QuickBooks, Tally)
- Advanced proficiency in Excel; exposure to Power BI or automation tools is a plus
- Strong analytical skills, attention to detail, and the ability to meet deadlines
- Good written and verbal communication skills and a collaborative approach
