Staff Accountant

IN-MH-Andheri (E), Mumbai
ID
2017-1583
Department
Accounting/Finance

Overview

Interactive Brokers Group, Inc. (NASDAQ: IBKR) is an automated electronic broker and market maker in equities, options, futures, bonds and foreign exchange around the world. With over $15 billion in market capitalization, IBKR trades approximately 8% of the listed equity options volume worldwide, executing, clearing, settling and accounting for over one million trades per day. The Company’s brokerage operations are conducted by its Interactive Brokers subsidiaries and its proprietary market-making operations are conducted by its Timber Hill subsidiaries. IBKR employs approximately 1,200 people and is based in Greenwich, Connecticut.

 

Interactive Brokers (“IB”) is the largest U.S. broker, measured by trades, offering direct-access electronic trade execution and clearing for active traders, institutional investors, financial advisors and introducing brokers. IB serves more than 385 thousand customers in trading securities, commodities and foreign exchange in 23 currencies on over 120 exchanges and market centers in 24 countries around the world. The firm leverages highly automated systems it builds for all aspects of its business to maintain a low cost base as the business expands. The business is in a stage of rapid growth.

 

 

The Staff Accountant has primary responsibility for financial accounting and analysis for two legal entities based in India. Interactive Brokers (India) Private Limited is a regulated broker-dealer registered with the Securities & Exchange Board of India, the National Stock Exchange of India Limited, the Bombay Stock Exchange, and a clearing member with the National Securities Clearing Corporation Limited.  Interactive Brokers Software Services (India) Private Limited provides technology and administrative services to other group entities. This position reports directly to the Accounting Manager and has significant growth potential. In addition to the accounting functions, this position has a significant role in the tax function of our legal entities. You will interact with accounting management to understand their processes and assist them in applying system functionality to automate and streamline these processes.

 

The successful candidate will be a highly organized, analytical thinker who is interested in developing the accounting, reporting, and tax function in an efficient manner.

 

 

Responsibilities

  • Assist with the daily accounting, monthly close and preparation of annual financial statements while ensuring compliance with Indian GAAP.
  • Work in close coordination with Big 4 auditing companies and provide all the audit documents for carrying out the statutory audits.
  • Prepare refund application as per service tax rules and regulations.
  • Prepare monthly computation of TDS, service tax, stamp duty and assist in annual tax filings.
  • Manage direct and indirect taxes tax assessment and tax litigation and interface with tax consultants on such matters.

A qualified candidate should have a good knowledge of:

  • Indian Accounting Standard, Indian tax regulations.
  • Reconciliations, procedures and controls over financial reporting.
  • Good communication skill.

Qualifications

Required:

  • Chartered Accountant with 1-2 years of experience in accounting or Graduate with 4-5 years of experience in accounting.

Preferred:

  • Financial Services Industry experience.
  • Oracle Financials E Business Suite release 12 experience.
  • MS Word and Excel proficiency.

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed