Senior Accounting Specialist

May 14, 2024
May 17, 2024
Work Mode
Work from office
Full Time
Organization Type
Senior Accounting Specialist
At a glance
Position:Senior Accounting Specialist
Primary Location:Navi Mumbai (IND), India
Additional Locations: Terneuzen (NLD) + More - Less
Schedule:Full time
Date Posted:04/24/2024
Job Number:R2050571
Position Type:Regular
At Dow, we believe in putting people first and we're passionate about delivering integrity, respect and safety to our customers, our employees and the planet.
Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. We're a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration. If you're looking for a challenge and meaningful role, you're in the right place.
About you and this role:
As aSenior Accounting Specialist, You will be responsible for providing quality cost accounting services to thePackaging and Specialty Plastics Business in EMEAI. The Cost Accountant ensures accounting activity is recorded within the Company's records and the books are accurate and complete. Responsibilities include budgeting, product costing, recording, reporting, analyzing, and communicating functional/business activity results and trends.
Your role requires dedicated interaction with Business Finance along with the Operations Plant Leaders within the respective facilities and other various contacts within Supply Chain, TES, and M&E. A thorough understanding of Dows Cost flows, dedication to data quality, an aspiration for continuous improvement and a strong engagement with respective partners, are key elements of this role. You also need to step in for coaching and training of fellow members of the cost accounting team and will assume Subject Matter Expert responsibilities.
- Records, monitors, reports, and communicates function/business results, and ensures activity is accurate, complete, and compliant to accounting standards and best practices
- Completes product costing of materials, reviews for variances, and corrects/communicates results to business/plant management
- Performs Stock Take Observations and/or assist the production facilities in performing the periodic Cycle Counting work processes
- Manages key relationships with business finance, SME-networks and internal and external partners
- Provides financial analysis to function/business management teams as needed for project studies, productivity/benchmarking measurements, and establishes and maintains an ongoing working relationship with other sub-processes and functions.
- Assumes SME responsibilities and becomes the go-to person for other accountants
- Coordinates and assists internal partners to complete annual budgets, in line with Corporate, Business and Functional guidelines and timing
- Performs financial estimates (or support/provide input for financial estimates) for the supported Business
- Ensures the highest degree of internal control compliance and Sarbanes-Oxley
- Educates functional partners on Accounting Policies and internal control matters and advises on the potential impacts of their decisions. Resolves any problems identified as they arise
- Provides audit support for annual internal/external Cost Accounting related audits
- Has knowledge of US GAAP, local GAAP and accounting standards
- A bachelor's degree in Finance or Accounting required
- A minimum of 5 years of relevant experience; experience in manufacturing cost is preferred
- A Qualified CMA/CA with 10+ years of similar experience
Preferred Skills:
- Proficiency with SAP, Power BI, Power Query and other automation tools
- Proficiency with the MS Office Suite
- Highly motivated with strong business interest and desire to act as a business partner
- Team player with proactive communication style
- Strong analytical and process improvement skills
- Very strong verbal and written communication required.
Additional Notes:
- Relocation is not supported for this role.
Benefits - What Dow offers you
We invest in you.
Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career.? You bring your background, talent and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.
Here are just a few highlights of what you would be offered as a Dow employee:
- Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
- Benefits and programs to support your physical, mental and emotional well-being, to help you get the care you need...when you need it.
- Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning and educational resources to help you achieve your long term financial-goals.
- Become a Dow shareholder through various employee stock programs.
- Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
- Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
- Global Paid Time Off (PTO) policies:
- Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
- ?Paid time off to care for family members who are sick or injured.
- Paid time off to support volunteering and Employee Resource Group's (ERG) participation.
Join our team, we can make a difference together.
About Dow Chemical International Pvt Ltd
Dow Chemical International Private Limited (Dow India) aims to be the most innovative, sustainable, inclusive customer-centric materials science company. The company is committed to delivering the right solutions to its customers' challenges. With broadest technology sets spanning performance materials, industrial intermediates, and plastics Dow India delivers differentiated science-based products and solutions in high-growth segments, such as packaging, infrastructure, automobile, and consumer care.
A Great Place to Work® Certified company with approximately over 1000 employees, its operations comprise of manufacturing sites, innovation center, established centers of excellence, and commercial office. As a responsible corporate, the company supports its Corporate Social Responsibility (program) with technology expertise and employee volunteerism. Dow India works with non-profit partners towards the empowerment of differently abled, women, and children in communities where it operates. The company aims to redefine the societal blueprint, by supporting holistic sustainability and circular economy initiatives.
As part of our dedication to the diversity of our workforce, Dow is committed to equal opportunities in employment. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available