Technical Accounting Specialist (CA)

Job Title: Technical Accounting Specialist (CA)

Location: Vadodara, Gujarat

Department: Finance & Accounts

Experience Required: 3–5 years post CA qualification

About the Role:

We are in search of a Chartered Accountant (CA) with 3 to 5 years of post-qualification experience to become a vital member of our expanding finance division. The selected candidate will manage comprehensive financial operations, ensure adherence to compliance standards, enhance process efficiency, and offer strategic insights to the management team.

Key Responsibilities:

• Revenue Recognition & Contract Review: Examine intricate, multi-component sales contracts that encompass software, services, and licensing aspects to ascertain and document the suitable revenue recognition approach in accordance with US GAAP (ASC 606) and Ind AS 115.
• Conduct the five-step model evaluation for all newly created and modified customer contracts, identifying performance obligations, determining transaction prices, and distributing the price accordingly.
• Collaborate closely with Sales, Legal, and Business Operations teams to formulate new agreements and product offerings that ensure optimal revenue recognition and financial reporting results.
• Technical Accounting & Policy: Investigate, analyze, and document findings on complex technical accounting matters (such as business combinations, leases, and impairment) according to both US GAAP and Ind AS.
• Create and sustain technical accounting memoranda, policies, and procedures to guarantee uniformity and conformity with prevailing accounting standards.
• Assist in drafting statutory financial statements and facilitate seamless reconciliation and reporting of essential accounting metrics between the two standards (US GAAP and Ind AS).
• Financial Close & Compliance: Support the monthly, quarterly, and annual financial close activities concerning revenue and other technical areas, which includes the preparation and review of journal entries and account reconciliations (e.g., deferred revenue, contract assets/liabilities).
• Act as a primary liaison for both internal and external auditors, supplying necessary documentation and explanations for revenue and intricate accounting positions.
• Ensure the maintenance and adherence to effective internal controls (SOX/ICFR) within the revenue recognition and technical accounting processes.

Key Skills & Competencies:

• In-depth technical expertise in accounting, taxation, audit, and compliance.
• Proficiency in Tally / SAP / Oracle / Excel / Power BI (as applicable).
• Exceptional analytical, problem-solving, and communication capabilities.
• Demonstrated ability to perform under pressure and meet tight deadlines.
• Leadership skills with the capacity to mentor junior team members.

About Ascendion:

Ascendion stands as a premier provider of AI-first Software Engineering Services. Our expertise in applied AI, engineering, cloud solutions, data management, experience design, and talent transformation accelerates innovation for Global 2000 clients. Headquartered in New Jersey, Ascendion boasts a global workforce delivering solutions. Alongside our remote/hybrid team, we operate 30 offices across the U.S., India, and Mexico. We are dedicated to creating technology powered by Generative AI while fostering an inclusive workforce, serving our communities, and cultivating a vibrant culture.