Statutory Reporting and Compliance AnalystExperience Level: Entry Level | Posted Date: 2025-04-14
What You’ll Do
Statutory Year-End Audit
Preparation of Statutory Financial Statements and its notes disclosures under Local GAAP while ensuring compliance with regulatory and external reporting requirements and internal statutory filing deadlines.
Account reconciliation between local GAAP and US GAAP: validating that all documents have been posted to local ledgers.
Create and analyze Statutory Journal Entries based on financial information from US GAAP to Local GAAP (ie. IFRS etc.).
Prepare supporting documentation for statutory financial statements in line with local GAAP to a standard ready for external audit.
Maintain and apply knowledge of accounting standards and developments that affect the business/country.
Support external audit process by preparation of the external audit, working with colleagues across the Controllership to plan and produce the audit file, in a timely an accurate manner, learning from previous years’ audits.
Provide clear reporting of information and analyzes data within a business area to identify reporting improvements.
Perform his/her tasks the way ensuring all milestones of statutory reporting cycle are met on time in order to avoid any risks that may result from late internal or external filing.
Maintain documentation in accordance with SOX requirements
Ensure compliance with GM Corporate policies and external regulatory requirements
Interact with internal/external related parties (impacted Business Units, Global Controller’s Team, Global Finance Teams, External Auditors, etc.)
Manage the relationship with the external auditors to ensure the audit is as short as possible resulting in an excellent audit report.
Have strong control focus – bring any issues (accounting or control related) forward immediately
Have a strong focus on process improvements to drive quality statutory reporting process accounting and external audit and related internal processes.
Highly technical in the use of SAP system (t-codes, asset module flow, etc.) and navigation of One Source Reporting (OSR) Tool
Note: Day shift, 9:00 AM to 6:00 PM, but night shift for the 1st quarter, morning to midday shift for the 2nd to 4th quarters.
Your Skills & Abilities (Required Qualifications)
BS in Accountancy or equivalent with strong foundation and experience in a shared service environment
Minimum 2-3 years experience in external or internal audit with strong understanding of IFRS and other local GAAP
In-depth understanding and experience in various controllership processes for Profit and Loss and Balance Sheet areas
Extensive experience of preparing Statutory Financial Statements and notes disclosures.
Deep knowledge of Local GAAP (e.g. IFRS, US GAAP, PFRS) and understanding of SOX/Internal Control Requirements – additionally, continue to attend trainings on these topics to remain adequately informed and knowledgeable.
Working knowledge of SAP, OSR and other GM systems as required for the assigned position (systems and level of knowledge necessary will vary – employee must be willing to continuously learn the GM systems landscape and functionality)
Proficiency in Microsoft Excel (formulas and pivot tables)
Good attention to detail and a propensity to achieve uniform standards of presentation and communication
Excellent systems experience including proficiency in Microsoft Excel (Intermediate level such as pivot tables and v-look ups), Word, and PowerPoint.
Possesses Continuous Improvement mindset and able to translate it to meaningful projects
Analytical and logical thinking with ability to make fast and accurate decisions based on available facts
Drive for Individual Results
Ability to work cross-functionally
Basic Communication Skills
Verbally communicates clearly and concisely a need, request, idea or thought to drive action of peers
With help, can tailor communication to address concerns or open conversations in a way that the external partner understands and protects the reputation and confidentiality needs of GM.
Experience working in a multinational organization and working with colleagues internationally is preferred
What Will Give You A Competitive Edge (Preferred Qualifications)
Works effectively with others and as part of a team
Competent/Above-Average English Fluency
Professional finance qualification (CPA etc)
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We aspire to be the most inclusive company in the world. We believe we all must make a choice every day – individually and collectively – to drive meaningful change through our words, our deeds and our culture. Our Work Appropriately philosophy supports our foundation of inclusion and provides employees the flexibility to work where they can have the greatest impact on achieving our goals, dependent on role needs. Every day, we want every employee, no matter their background, ethnicity, preferences, or location, to feel they belong to one General Motors team.
General Motors is committed to being a workplace that is not only free of discrimination, but one that genuinely fosters inclusion and belonging. We strongly believe that workforce diversity creates an environment in which our employees can thrive and develop better products for our customers. We understand and embrace the variety through which people gain experiences whether through professional, personal, educational, or volunteer opportunities.
We encourage interested candidates to review the key responsibilities and qualifications and apply for any positions that match your skills and capabilities.