R2R Specialist - India

Role & responsibilities :

• Accounting of manual journal entries across sub-processes such as Fixed Asset Accounting, Inter Company Accounting, Treasury Accounting, General Ledger Accounting, Period Close Activities, Statutory and Tax Reporting etc. in accordance with IFRS and IND-AS.
• Advise and execute operational, complex and judgement-based general accounting (e.g., complex / non-rule-based accruals) and recurring month-end activities.
• Involve CTA and other specialists in specific accounting topics where specific / deep knowledge is required.
• Engage in the accurate and timely monthly book closure process including the quarterly, October hard-close and year-end financial closure process for the Indian entities.
• Review P&L and BS from an accounting perspective in the ERP / HFM (during the month / as per the agreed BS review cycle).
• Drive standardization and quality in balance sheet account reconciliation process.
• Comply with policies, processes, rules and regulations setup by the global accounting team.
• Preparation of the full set of financial statements of the legal entity for group and statutory reporting, Complete A-forms.
• Supporting the RAC group in finalization of financial statements, responding to queries and clarifications received on the reported financials.
• Support the consolidation of legal entity statements and local statutory reporting in the region.
• Maintain and share with the entities, the set-up of the financial reporting and general ledger structure for both IFRS / IND-AS and statutory reporting.
• Support Statutory Audit, Group Audit, Cost Audit, Internal Audit, Tax Audit (Direct / Indirect) and various other regulatory filing requirements and compliances.
• Active interaction with other RAC analysts, BU Accounting Manager(s) and GBS about accounting subjects, transaction processing and performance.
• Support BU accounting manager in ad-hoc specific BU activities.

Preferred candidate profile :

• Bachelors degree in commerce or equivalent, CA Intermediate + passed is an advantage.
• At least 6 years of work experience in manufacturing or industry.
• Excellent knowledge of all sub-processes in R2R - accounting and reporting, IFRS, IND-AS, Indian fiscal requirements.
• Reasonable working knowledge of Companies Act, Direct and Indirect Tax, FEMA.
• Experience in handling a Listed Indian Entity is desirable.
• Ability to analyze and navigate through complex processes and resolving issues.
• Experience of handling statutory audits (Big 4).
• Knowledge and understanding of Financial / ERP systems (SAP / CFIN or similar) and consolidation systems (HFM or similar) is desirable.
• Advanced user of Microsoft Excel.
• Autonomous in organizing responsibilities and work.
• Problem solving with analytical skills, result-oriented with a focus on right-first-time.
• Ability to work under time pressure during peak periods like monthly / quarterly close, audits etc. and continuously.

Skills Required

Statutory Audit, Sap, Financial Reporting, Ifrs