Statutory Accountant

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Snowflake is looking to hire a Statutory Accountant to be a part of its world class Accounting and Finance Organization. The position requires a well-rounded individual who has demonstrated the ability to deliver results in a high-growth, dynamic, and fast-paced environment. You are versatile, analytical, motivated, creative, intellectually curious, a strong communicator and collaborator. You are responsible for the end to end process of preparing the local GAAP financial statements for Snowflake international entities (other than US) and getting them audited by external auditors. You should be up to date with the latest developments in accounting standards (primarily IFRS) and you should plan in advance for the possible impact of new / revision in the accounting standard on the Snowflake legal entities that you manage. You ensure that the US GAAP and local GAAP books are periodically reconciled and GAAP difference entries are recorded accurately and timely. You will provide recommendations to improve accounting processes and systems by the utilization of broad accounting and business knowledge to identify accounting issues and opportunities. You will collaborate closely with the corporate global accounting operations team on accounting matters. You will also participate in important projects which have an impact on the local GAAP accounting. You will also maintain effective internal controls and ensure accounting activities are GAAP compliant.

• Drafting financial statements and notes to accounts in accordance with local GAAP and compliant to internal policies.
• Conversion of US GAAP trial balances to local GAAP or IFRS trial balances.
• Ensure that US GAAP and local GAAP account balances are periodically reconciled, and GAAP differences are adequately explained.
• Ensure that entries in the local GAAP ERP are recorded in a timely and accurate manner.
• Closely coordinate with the tax team for supplying information required for estimating interim / final tax provision.
• Drafting and reviewing balance sheet account reconciliations.
• Prepare audit timetable and agree with the external auditors.
• Standardize and issue prepared by client (PBT) list.
• Proactively communicate audit timelines to all the respective stakeholders, set expectation on timelines and monitor the progress of the audit.
• Ensure the audit queries are addressed to and drive audit to closure.
• Drive the statutory filing process - Filing of certified annual financial statements and all required documents with local statutory agencies.
• Review of book closure at regular intervals to identify unusual items.
• Engage and collaborate with global accounting operations teams and cross functional business partners such as Tax, HR, Legal, Compliance.
• Create process documentation namely Standard Operating Procedures (SOP) and update them at regular intervals.
• Ensure that the files / folders are saved at the right place for ease of retrieval. Ensure data is backed up on a real-time basis.
• Identify opportunities for accounting and process improvements with an emphasis on streamlining and driving implementation solutions.
• Doing research and impact analysis of amendments in relation to accounting standards, income taxes and compliance.

• Chartered Accountant / CPA / Post graduation specialization in accounting.
• 3 - 7 years of overall accounting / finance ops experience.
• Experience of working with a Big 4 accounting firm in the past as an in-charge / team member of the statutory audit team is desirable.
• IFRS qualification / experience is desirable.
• Working knowledge of Workday ERP is desirable.
• In-depth knowledge of Accounting Standards, IFRS, audit methodologies and execution.
• Well versed with the month end close process.
• Outstanding oral communication, analytical and written skills.
• Attention to detail, organized and thorough with the desire for continuous improvement.
• The person should be highly energetic and proactive; able to drive projects independently; be a team player and have a problem-solving attitude.
• Ability to meet tight deadlines.
• Working knowledge of corporate taxes and transfer pricing is a plus.