Manager - Statutory Accounting & Reporting

A Little About Us

Yahoo serves as a trusted guide for hundreds of millions of people globally, helping them achieve their goals online through our portfolio of iconic products. For advertisers, Yahoo Advertising offers omnichannel solutions and powerful data to engage with our brands and deliver results.

Yahoo is a global media and tech company that connects people to their passions. We reach nearly 900+ Million people around the world, bringing them closer to what they love—from finance and sports, to shopping, gaming and news—with the trusted products, content and tech that fuel their day. For partners, we provide a full-stack platform for businesses to amplify growth and drive more meaningful connections across advertising, search and media.

Finance function (including Statutory Accounting & Reporting process) at Yahoo is very critical considering importance of maintaining proper books of accounts, monitoring cash flow, adhering to complex regulations, handling the audit queries and other regulatory reviews. We work together with the Business, Procurement, Legal, Tax, Finance operations (AR & AP), Audit, Treasury, Business Finance and ERP Applications teams to ensure accurate records are maintained in timely manner, contributing to overall success of Yahoo. While timely updating and closing the books, rolling out the accurate reports in timely manner plays a key role in achieving the objectives of this function, adherence to internal control systems, processes and policies, ensuring 100% controllership integrity along with adherence to applicable regulatory compliance is paramount.

We work hard, work smart but also like to have lots of fun as a team! We are proud of our organizational culture, where employees feel valued for their work and their accomplishments.

A Lot About You

We are looking for a potential Yahoo, who has a problem solving attitude. He/She should be a good team player with strong communication and interpersonal skills. He/She should have understanding of accounting principles, systems and processes, tax and regulatory compliance related matters which is critical for day today activities. Yahoo has strong processes, systems and controls and very high compliance standards. Thorough knowledge of processes including oracle application would be required to perform the tasks efficiently. Ability to meet deadlines, multi-task, detail - oriented and prioritize are some of the qualities we are looking for in a potential Yahoo.

We want someone who not only performs his/her duties, but is also willing to step up and help other team members when needed. Yahoo is a large company and there are always challenges with lots of opportunities, so we want someone who is willing to take ownership of tasks and get involved in projects to help the team. We want someone who can work independently, but who is also a team player. He/She should maintain very high level of integrity and confidentiality of the information obtained.

Your Day

The potential Yahoo would be part of India Controllership Team reporting to Finance Director in India. This role is Individual Contributor role and the key responsibilities include:

• Assisting Corporate Accounting and Reporting team during monthly closing activities in terms of liaising with various teams and providing necessary inputs, reviewing the key GL accounts, performing variance analysis, preparing monthly cash flow forecast,
• performing/reviewing the reconciliation of key accounts and analyze and resolve the discrepancies if any in the general ledger entries
• Prepare / Review and analyze monthly reports and perform / monitor month end closing activities
• Managing audits - Statutory audit, Internal audit, Tax audit, Transfer Pricing audit, Trust audits, etc.
• Evaluating the implications of various accounting and reporting standards on the various transactions and suggesting proper accounting treatment to the team members
• Continuously observe and recommend process improvements
• Providing payroll inputs to outside service provider and reviewing the final payroll files and reports
• Managing banking relationship and handling intercompany receipts / payments
• Working on strengthening the control over financial reporting and internal processes
• Co-work with Oracle support in designing and developing new management reports
• Assisting in other finance projects as needed
• Providing inputs to Tax team during return filings, assessments and litigations
• Working closely with Treasury team to ensure proper cash flow forecasting and cash management,
• Reinforce financial data confidentiality and conduct database backups when necessary
• Extracting data from Oracle and preparing various reports for management reference
• Prepare monthly dashboards / presentation to management

You Must Have

• Professional qualification - Chartered Accountant or Cost & Management Accountant
• Proven 10+ years of working experience in general accounting and/or auditing in a reputed organization
• Strong understanding of India GAAP accounting and basic knowledge of Indian regulatory and fiscal requirements
• Proven ability to calculate, post and manage accounting figures and maintain financial records
• Hands-on experience with spreadsheets, presentations and proprietary software / ERP packages
• Ability to work in a team and provide necessary guidance when required
• Working knowledge on basic tax and regulatory matters such as Income Tax, Transfer pricing, Withholding tax (TDS), GST, FEMA regulations / RBI guidelines, Company law matters
• High degree of accuracy and attention to detail
• Ability to meet stringent timelines
• Strong communication, interpersonal and negotiation skills
• Strong relationship building skills while working autonomously and pro-actively

Important notes for your attention

Applications:

All applicants must apply for Yahoo openings direct with Yahoo. We do not authorize any external agencies in India to handle candidates’ applications. No agency nor individual may charge candidates for any efforts they make on an applicant’s behalf in the hiring process.

Our internal recruiters will reach out to you directly to discuss the next steps if we determine that the role is a good fit for you. Selected candidates will go through formal interviews and assessments arranged by Yahoo direct.

Offer Distributions:

Our electronic offer letter and documents will be issued through our system for e-signatures, not via individual emails.

Yahoo is proud to be an equal opportunity workplace. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on age, race, gender, color, religion, national origin, sexual orientation, gender identity, veteran status, disability or any other protected category. Yahoo will consider for employment qualified applicants with criminal histories in a manner consistent with applicable law. Yahoo is dedicated to providing an accessible environment for all candidates during the application process and for employees during their employment. If you need accessibility assistance and/or a reasonable accommodation due to a disability, please submit a request via the Accommodation Request Form (www.yahooinc.com/careers/contact-us.html) or call +1.866.772.3182. Requests and calls received for non-disability related issues, such as following up on an application, will not receive a response.

Yahoo has a high degree of flexibility around employee location and hybrid working. In fact, our flexible-hybrid approach to work is one of the things our employees rave about. Most roles don’t require specific regular patterns of in-person office attendance. If you join Yahoo, you may be asked to attend (or travel to attend) on-site work sessions, team-building, or other in-person events. When these occur, you’ll be given notice to make arrangements.

If you’re curious about how this factors into this role, please discuss with the recruiter.

Currently work for Yahoo? Please apply on our internal career site.