Accountant - Offshore Accounting (Chennai)

Role Overview: You will be responsible for managing accounting and payroll processes, ensuring compliance with US and India regulations, and handling contracts and agreements for consultants, employees, and customers. Key Responsibilities: - Manage day-to-day accounting operations in compliance with US GAAP. - Handle US federal, state, and local tax filings and payments. - Maintain accurate financial records, including balance sheets, income statements, and cash flow statements. - Prepare and submit tax returns and ensure compliance with tax regulations. - Provide tax planning advice to minimize tax liabilities. - Administer payroll processing for employees and consultants in compliance with India regulations. - Ensure accurate tax calculations and timely payments under Indian tax laws. - Stay updated with changes in local tax laws and implement adjustments accordingly. - Manage invoicing and billing processes for clients and vendors in both the US and India. - Ensure timely and accurate generation of invoices and billing statements. - Track payments and follow up on outstanding invoices. - Reconcile accounts receivable and payable and ensure records are updated. - Draft, review, a…