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Reporting Analyst

Reporting Analyst

CoatsBengaluru, Karnataka, India
11 days ago
Job description

About the job

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.

Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and specialty threads.

With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.

Following the acquisition of Texon and Rhenoflex, new Coats Footwear now has a complete range of footwear components to meet your needs, from heel counters to toe puffs and everything in-between. Through our technologically diverse product portfolio, we can cater to both current and future trends, setting new standards in the process, turning customer ideas into a reality and accelerating sustainability.

Headquartered in the UK, Coats

  • connects talent, textiles, and technology to make a better and more sustainable world.

For more info, visit our website : www.coats.com

Job Title : Reporting Analyst

Location : Remote

Role Purpose

Working in Global reporting process where the key is focus on accurate financial reporting and analyzing the P&L and Balance sheet. Reporting on Key issues / exceptions and submitting consolidated financials monthly to the group on timely basis.

Principal Accountabilities and Key Activities

  • Fixed Assets accounting – creating sanction numbers in SAP, monitoring Actual spends against budget, ensuring proper approvals before capitalization, review of AUC and depreciation rates.
  • Responsible for preparing Fixed Asset schedules and providing supplementary information to complete monthly / yearly submission. (BCS Submission)
  • Good conceptual understanding of financial statements, purpose, and role in assessing a company’s financial performance and position.
  • Preparing and analyzing Balance Sheet reconciliations across various accounts, including bank, accruals, prepayments, provisions, accounts payable (AP), accounts receivable (AR), and intercompany transactions.
  • Preparation of monthly accrual journals and ensure adequate accruals / provisions.
  • Preparation of weekly / Monthly payroll entries working with HR.
  • Provide relevant information to ensure timely and accurate Balance Sheet reconciliations for Other Debtors and Other Creditors.
  • Provide details for Expenditure review by Cost centre and GLs.
  • Preparation and ensure accuracy of Related Party transactions. (Recharge In and Out).
  • Supporting statutory and internal auditors by providing relevant data as requested by auditors.

    • Education, Qualifications and Experience

  • Partly qualified Chartered accountant / Management Accountant or Qualified MBA Finance with minimum 3 years of post-qualification experience.
  • Working Knowledge of FICO module in SAP would be required.
  • Experience with manufacturing companies would be preferred.
  • Can compute and interpret financial data effectively and with strong analytical skills.
  • Can communicate effectively orally and in writing.
  • Working knowledge of SAP FICO
  • Proficient in Excel
  • Analytical, logical thinking skills
  • Growth mindset

    • At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.

    Apply now to be part of our dynamic team and help shape the future of textiles.

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    Reporting Analyst • Bengaluru, Karnataka, India