MRI Software LLC (‘MRI”; ultimate parent company of MRI Software India Private Ltd) is a leading provider of innovative software solutions for the global real estate industry. MRI delivers a comprehensive and truly configurable solution, from property-level management and accounting to the most complex, long-range financial modeling and analytics for both the commercial and multifamily real estate markets. As a leading provider of real estate enterprise software applications and hosted solutions, MRI leverages over 50 years of business experience to develop long-term successful relationships with its clients. Originally founded in Cleveland, Ohio, U.S.A. where the corporate headquarters remains, the company has international offices in India, Toronto, London, Sydney, New Zealand, Singapore, South Africa and Hong Kong.
RESPONSIBILITIES: This position is responsible for handling day-to-day accounting activities, month-end close accounting processes, monthly financial reporting, treasury and tax assistance, balance sheet account reconciliations, and journal entries, in accordance with our accounting policies and US GAAP, working with third party financial advisors to ensure that month-end closes, audits, and statutory/taxes are completed on a timely basis. This includes responsibility for G/L accounting, payroll booking with the assistance of third parties, treasury needs, pre- and post-M&A involvement, accounting operations, capital expenditure analysis, and audit and tax preparation assistance.
This role will also provide local organization with internal employees and outside accounting professionals managing the accounting cycles, as well as speed, consistency and predictability to our global accounting close cycle and business processes.
Analysis and presentation of Indian fiscal reporting. Interface with tax accounting advisers to ensure the corporate tax compliance, income tax provisions and tax accounting, employment tax, monthly GST filings like GSTR 3B, GSTR 1 and yearly returns, direct tax matters, monthly PT, PF and ESI and annual filings if any, monthly TDS payment and quarterly returns, Softex/ Foreign Inward Remittance Advice true-ups/ STPI and SEZ invoice exports are coordinated consistently and appropriate tax and regulatory filings are made on a timely basis.Filing of MRP, QPR and APR for all Non-STPI and SEZ units along with MSME filings and SEZ and Non-STPI renewals.Compare monthly GSTR 2A with books & make sure vendors are filing GST on time along with that assist in preparing GST refund application on yearly basis.Involve in secretarial aspect and help in closing some of the corporate secretarial filings on time.Perform analytical reviews of operating expense data by comparing monthly actuals to budget/ forecast / trends to ensure that expenses are accurately recorded on a monthly basis.Knowledge on preparing balance sheets, profit and loss statements, other financial reports, tax audit reports would be preferred.Manage P2P process in line with IFC compliances.Manage and prepare requested materials for all required audits and tax preparation, both international and domestic.Interface with tax accounting advisers to ensure tax compliance and any statutory filings are coordinated consistently and appropriate tax and regulatory filings are made on a timely basis.Manage account reconciliations and outgoing vendor payment set-up, and ensure processes “owned” by the India-based finance are functioning properly and timely.Continuously optimize and streamline the India-based finance function, in concert with a global view of Finance operations.Adhere to directives from the corporate office in the US and follow the guidelines for handling all accounting issues for the areas within the scope of this role in accordance with US GAAP.Handle treasury efforts in line with a controlled process, cash flow forecasting and down streaming/upstreaming of cash to parent company.Prepare requested materials for all required audits and tax preparation, both international and domestic.Work in concert with internal Finance team on all finance cycles and provide information to operations run from other geographies: Accounts Receivable and Billing (MSA/SOW management with other MRI entities), Accounts Payable, Treasury, Tax, Payroll, Capitalized Software Development, etc. Ensure that internal controls and policies are effective and enforced. Address regional business risks and be in a state of constant of process improvement to protect assets, lower expenses, and enhance the business.When the time is right and agreed-upon with corporate accounting in the US, develop and manage a high-performing accounting staff within appropriate budget constraints for the India region of MRI.Assist in any entity dissolutions that may occur and other company secretarial matters.Be able to assist other team members with their duties to meet deadlines as needed.Assist in month-end close process for India’s operations and statutory compliances working closely with the corporate finance team to ensure the fiscal reporting is timely, accurate and consistent with the reporting expectations and accounting treatment laid-out by corporate accounting in the US.DESIRED COMPETENCIES:
1. Direct industry experience in a software or other subscription-based business
2. Direct industry experience working for a Private Equity-owned business
3. Successful experience:
a. partnering with international financial colleagues to derive swift and useful informational reporting and operating efficient and effective processes. Requirement to be both “hands on” and “scalable” in a multi-location commercial operations environment with revenues of at least US$25M+ with proven ability to manage growth;
b. leading or playing a key role in accounting efforts in a high-growth, professional environment that expands past the borders of India, or similar experience;
c. developing and managing high-performing accounting functions that supports the business;
e. working as a value-add business partner across all functions of an organization;
f. experience working with business activities in the U.S.;
h. implementing procedures to improve internal control systems and other process improvements.
i. Technologically adept; advanced proficiency with using various software packages, internet portals.
REQUIREMENTS:
Knowledge and Skills:
Proficiency with MS Excel, Word, PowerPoint, and mid-to-advanced accounting software packagesExperience with and some knowledge of US GAAPProven leadership ability and excellent communication skills, Ability to meet assigned deadlinesAdapts to changes in the work environment, manages competing demands, changes approach or method to best fit the situation, able to deal with change, delays or unexpected events.Strong analytical and organizational skills: versatile and able to manage multiple projects simultaneously with competing deadlinesStrong work-ethic, ability wot work independently, detail-driven and a commitment to doing whatever it takes to get the job doneEducation and Experience:
B.Com Graduate. Relevant certifications in compliance would be added benefit.8+ years of Finance/accounting experience with minimum 5+ years of statutory and corporate compliance experience independently.Must have experience in leading compliance and accounting efforts for both reporting needs and operation of financial cycles, including, supervision, change management, process improvement, system changes and team developmentExperience working in the software industry is a plus.Accounting knowledge of QuickBooks or NetSuite, Intacct or any other ERP software is a plusBenefits:
Hybrid working arrangements (2/3 days in the office)Annual performance-related bonusHealth insurance6x Flexi Anyday: knock 2.5 hours off your day on AnydayEngaging, fun & inclusive culture: check out the MRI Software APAC Insta feed and stories!About the business:
MRI Software is a global Proptech leader delivering innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Australia, South Africa, New Zealand, Canada, and India, with over 3500+ team members to support our clients and their unique needs!
MRI is proud to be an Equal Employment Opportunity employer.