Manages monthly closing procedures and performs various detailed analysis including budget to actual analysis.
Coordinate with staff to prepare consolidation reporting package for parent company and consolidated financial statements with appropriate footnote disclosures per US GAAP.
Coordinate with staff to perform intercompany invoicing & balance reconciliation with affiliates in US and Canada.
Budget & Forecast
Manages to prepare the budget by coordinating with various departments and management to achieve financial KPI’s and objectives.
Supports budget and forecasting activities of affiliates in US & Canada.
Collaborate with external tax consultants and Accounting Manager to calculate income tax provision, set up income tax payments, and filling tax returns by mail or electronically.
Prepare and provide necessary information needed for external tax consultants to calculate income tax estimated payment, prepare income tax returns and prepare advanced pricing agreement between US affiliates and parent company.
Establishes, maintains, and standardizes accounting policies and procedures for reliable and accurate financial reporting based on US GAAP, parent company requirements, federal, state, and local tax laws.
Provides assistance with complex accounting transactions such as capital lease, fixed asset impairment, and retroactive price adjustments for management and affiliate’s accounting departments by researching US-GAAP and establishing a template and schedule.
Provide necessary documents and supports for quarterly review, interim and year-end audit, and internal control audit performed by an external audit firm.
2 | P a g e
Supports development of policies, systems, special financial studies as requested by management.
Participate in a wide variety of special projects and its report preparation.
Provides assistance to responding to customers and parent company’s inquires.
Performs training to new and existing staff as needed.
Advises staff regarding the handling of non-routine reporting transactions or non-routine accounting situations.
Performs bookkeeping and bank transactions when staff is absent for over 1 week for vacation or during close due to various reasons.
Communicate with ever member of the company, its affiliates and other business partners in a professional and sensible manner with respect, tact, and courtesy.