Sr. Accountant- R2R

Position Title: Manager: Sr. Accountant- R2R

Reports To: Process Leader- R2R

Role Type: Individual Contributor

Education Criteria: Qualified Chartered Accountant (CA)

Location: Pune

Purpose of the role:

The role is responsible for managing the overall R2R process for the assigned group of entities/ geography and assisting the Process Leader- R2R in managing service levels and governance of the R2R process.

The role holder will be accountable for month-end reporting, preparing preliminary financial statements, and overall Record to Report function. The role holder will lead a team of Analysts & provide management with detailed financial and account management reports for ongoing fiscal review, analysis and management.

Your day-to-day work/ Key Responsibilities

• Supervise the preparation of journal entries and reconciliation of financial statements and accounts ensuring data accuracy. Ensure effective maintenance of general ledger accounts
• Manage monthly account reconciliations, general ledger accounts, review financial reports to identify and explain variances, and follow documentation & maintain accounting files
• Perform general ledger closing, preliminary financial statements, consolidation, and month-end reports
• Direct accounting analysis and reporting and prepare journal entries for accruals and variances
• Provide technical support and advice to Process Analysts
• Maintain all financial information and records
• Ensure documentations are prepared in compliance with all related regulatory guidelines and applicable policies
• Lead the team in performing month-end and year-end closing by ensuring any reconciling items are addressed and overall timely execution of high quality and accurate processes
• Respond in an effective and timely manner to all Business Unit needs concerning areas such as expenditures and inventory
• Responsible for Fixed Assets Accounting, Inventory Accounting and Payroll Accounting
• Lead Statutory Audit and Complete it within the required time frame
• Provide support to all internal and external audits as initiated from time to time
• Work in close collaboration with external service provider/outsource partner
• Lead all continuous improvement and optimization projects for R2R
• Responsible for performance delivery according to agreed SLAs & KPIs in line with the Shared Service Centre standards and respective country norms
• Calculation of tax provision including deferred tax working
• Prepare withholding Tax return
• Prepare Monthly, Quarterly return of Indirect Tax GST etc.

We offer

• A stimulating and challenging job in an international and developing environment
• Opportunity to be part of an experienced and open-minded team
• Get an in-depth knowledge of best-in-class Finance processes

We expect you to have

• Superior understanding of overall Finance & Accounting with strong exposure to R2R processes
• Good Organizational and planning skills, including ability to: prioritize work, handle multiple tasks simultaneously, set goals and enforce deadlines, while maintaining flexibility to reassess and prioritize goals
• Experience with MS Office required and superior understanding of Finance systems/ERP
• Strong written and verbal communication and analytical skills
• Ability to challenge the standard/Status- Quo in order to secure accounting and improve processes. Open minded when it comes to changes.

Academic & Work Profile

• CA/ICWA qualification (Qualified Chartered Accountant)
• 6+ years of professional work experience post CA in R2R function (Accounting, Reporting and Audits) with 2+ years of experience in leading a team responsible for ongoing reporting and processing
• Experience of working in a Manufacturing Set-up/ Exposure working in a Shared services Centre will be an added advantage

If interested, please share your updated profile @supriya.joshi@skf.com