Assistant Manager - Accounts

Posted 8 Hours Ago
Be an Early Applicant
Pune, Mahārāshtra
Mid level
Cloud • Hardware • Software • Semiconductor
The Role
Responsible for managing royalty analytics, accounting functions, and compliances for the company. Prepare and present royalty income accruals, manage audits, and ensure compliance with STPI and labor laws. Integral part of the India accounting team following India accounting standards and US GAAP.
Summary Generated by Built In

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

Royalty Revenue related.

  • To own the Royalty Analytics process right from the time the customer royalty reports are received till the invoicing stage
  •  Ensure that royalty related invoices are generated within a week of receipt of the royalty report from the customer
  • To prepare the data relating to Royalty Income accruals on a quarterly basis in a timely manner
  • To present the data to the marketing team on a quarterly basis and post the Royalty Revenue accruals after their approval
  • To prepare weekly reports reconciling the Royalty accruals with the actuals reported and to post the true up entries
  • To ensure that the Royalty application is tested and implemented in a timely manner

Accounting

  • Integral part of the India accounting team both as per India accounting standards and US GAAP
  • Manage Statutory audits, Tax audits, Internal audits, and Internal Financial control audits
  • Responsible for Blackline schedules for Pune and Ahmedabad
  • Manage Accounts Payable & Treasury reporting function for Pune and Ahmedabad

Compliances

  • Manage STPI & labor law compliances for Pune and Ahmedabad locations

We’re doing work that matters. Help us solve what others can’t.

The Company
HQ: San Jose, CA
8,216 Employees
On-site Workplace
Year Founded: 1988

What We Do

Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence® software, hardware and IP are used by customers to deliver products to market faster. The company's Intelligent System Design strategy helps customers develop differentiated products—from chips to boards to intelligent systems—in mobile, consumer, cloud, data center, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine's 100 Best Companies to Work For.

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