The Opportunity: This position will assist in performing monthly global financial accounting activities and reporting tasks. Accountant (Record to Report)
MAJOR JOB DUTIES AND RESPONSIBILITIES
- Perform monthly, quarterly, and annual financial close activities including journal entry preparation, account reconciliations, accruals, prepayments, and financial statement reviews with adequate supporting documentation.
- Prepare and report timely monthly financial results through reporting and consolidation tools to support Avantor's global consolidation and external reporting requirements.
- Manage statutory and management reporting requirements under US GAAP and local GAAP (HGB), including analysis of accounting differences and preparation of supporting documentation.
- Prepare and review balance sheet reconciliations in Blackline, ensuring timely resolution of outstanding reconciling items.
- Perform monthly P&L and Balance Sheet flux analysis, identify key business drivers, investigate variances, and communicate findings to management.
- Calculate and record accounting estimates and reserves including bad debt reserves, inventory reserves, sales cut, accruals, rebates, credit notes, E&O reserves, and foreign exchange revaluation adjustments.
- Support lease accounting activities, fixed asset accounting, depreciation and amortization accounting, and other complex accounting areas as applicable.
- Prepare quarterly tax reporting packages and support direct and indirect tax related information requests from tax advisors and internal stakeholders.
- Analyze and resolve intercompany transactions and reconciliation differences with global counterparts to ensure accurate and timely reporting.
- Coordinate with shared service teams, FP&A, Tax, Treasury, and Business Finance teams to ensure completeness and accuracy of financial reporting.
- Support external, internal, Tax audits by preparing audit schedules, responding to auditor queries, providing supporting documentation, and driving timely closure of audit requests.
- Ensure compliance with Sarbanes-Oxley (SOX) controls and Avantor accounting policies while maintaining a strong internal control environment.
- Prepare and maintain accounting process documentation, SOPs, control narratives, and desk procedures.
- Participate in ERP, reporting tool, and process improvement initiatives aimed at enhancing efficiency, automation, and data quality.
- Collaborate with business leaders and finance stakeholders by providing accounting guidance, financial insights, and support on special projects and strategic initiatives.
- Support due diligence, legal entity restructuring, acquisition integration, and other controllership-related projects, as required.
- Perform ad-hoc financial analyses, management reporting requests, corporate requests and other duties as assigned
Preferred Additional Experience
- Experience with German legal entities and HGB reporting.
- Exposure to manufacturing accounting, inventory accounting, cost accounting, and valuation reserves.
- Prior experience managing audit requests from Big 4 firms and coordinating cross-border finance activities.
Preparation of Statutory Financial Statements
QUALIFICATIONS (Education, Experience & Certifications)
- Commerce Graduate/Postgraduate/CA Intermediate/ MBA Finance with 4-7 years of rich experience in Record to Record with demonstrated ability in Technical Accounting
- Commerce Graduate/Postgraduate, MBA (Finance), CA Intermediate or equivalent qualification.
- 2-3 years of progressive experience in Record-to-Report (R2R), Financial Accounting, General Ledger, or Controllership functions within a multinational environment.
- Experience supporting US GAAP and local statutory reporting requirements.
- Experience working in a shared services, captive center, or multinational corporate accounting environment preferred.
- Experience with external audits and SOX compliance.
- Exposure to BlackLine, SAP, or similar reporting/consolidation systems preferred.
- Advanced Microsoft Excel skills required.
KNOWLEDGE, SKILLS & ABILITIES
- Strong understanding of US GAAP, IFRS, and local statutory accounting principles.
- Strong knowledge of month-end close, account reconciliations, financial reporting, and balance sheet management.
- Experience with SOX compliance, internal controls, and audit requirements.
- Ability to analyze complex accounting transactions and provide practical accounting solutions.
- Strong analytical and problem-solving capabilities with attention to detail.
- Ability to work independently and manage multiple priorities in a deadline-driven environment.
- Excellent communication skills, both oral and written are essential due to the degree of documentation and interaction with various departments, business leaders and internal and external auditors.
- Associate will need to develop strong analytical skills and will need to be well organized, able to coordinate, prioritize, handle multiple tasks and show initiative and desire to learn.
- Proven ability to collaborate with stak