Accounting Specialist

Toast creates technology to help restaurants and local businesses succeed in a digital world, helping business owners operate, increase sales, engage customers, and keep employees happy.

We are seeking a motivated and detail-oriented Accounting Specialist to support entity-level accounting for Toast's India operations. This role will play a key part in ensuring accurate financial reporting, timely month-end close, and compliance with local statutory requirements.

Working closely with the Accounting Manager and global finance teams, you will assist with general ledger accounting, balance sheet reconciliations, statutory reporting, audits, and continuous process improvements in a fast-paced, collaborative environment.

A day in the life (Responsibilities) 

• Support the monthly, quarterly, and annual close processes for Toast's India entities by preparing journal entries and ensuring timely completion of close activities.
• Prepare and maintain balance sheet reconciliations, including cash, accruals, prepaids, fixed assets, employee-related accounts, and intercompany balances.
• Perform detailed variance analysis and investigate unusual account movements to ensure accuracy and completeness.
• Assist in preparing financial statements and supporting schedules in compliance with Ind AS, local statutory requirements, and Toast accounting policies.
• Support statutory audits, tax audits, and regulatory filings by preparing audit schedules, documentation, and responding to auditor requests.
• Partner with Payroll, Tax, FP&A, Legal, and Global Accounting teams to ensure accurate accounting and reporting of business transactions.
• Maintain accounting records and supporting documentation in accordance with internal control requirements.
• Assist with SOX compliance activities, including control documentation, testing support, and remediation efforts.
• Support fixed asset accounting, intercompany accounting, and other entity-level accounting activities as required.
• Identify opportunities to streamline accounting processes and improve efficiency through automation and standardization.
• Participate in finance transformation initiatives, system implementations, and other ad hoc projects.

What you'll need to thrive (Requirements)

• Master's degree in Commerce (M.Com) or CA Intermediate.
• 1 to 2 years of experience in financial accounting, general ledger accounting, or record-to-report (R2R) functions.
• Good understanding of accounting principles, Ind AS, and Indian statutory compliance requirements.
• Experience supporting month-end close and preparing balance sheet reconciliations.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Proficiency in Microsoft Excel; experience with ERP systems such as NetSuite, Oracle, or SAP is preferred.
• Strong written and verbal communication skills with the ability to collaborate across teams.
• Ability to manage multiple priorities and meet deadlines in a dynamic, fast-paced environment.
• Self-motivated, curious, and eager to learn new processes and systems.
• This is a hybrid role with 2 days per week in the Chennai office.

What will help you stand out (Nice to have)

• Experience working in a multinational company or shared services environment.
• Exposure to SOX controls and internal control frameworks.
• Experience supporting statutory audits and financial reporting.
• Knowledge of intercompany accounting and fixed asset accounting.
• Experience using BlackLine or other reconciliation/workflow tools.

AI at Toast 

At Toast, one of our company values is that we're hungry to build and learn. We believe learning new AI tools empowers us to build for our customers faster, more independently, and with higher quality. We provide these tools across all disciplines, from Engineering and Product to Sales and Support, and are inspired by how our Toasters are already driving real value with them. The people who thrive here are those who embrace changes that let us build more for our customers; it’s a core part of our culture.

Our Total Rewards Philosophy

We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits.

#LI-HYBRID