Accountant R2R

SKF ISEAM; Pune District; On-site; INR 600,000 - 900,000; Full time

Job summary

SKF ISEAM in Pune is seeking an Accountan t R2R (Intercompany) to manage intercompany reconciliations and general ledger activities. The role collaborates with multiple financial teams to ensure accurate financial reporting and timely closes.

The ideal candidate has 3–8 years of RTR experience, strong MS Excel skills, and exposure to SAP. The role is based in Chinchwad, Pune with an emphasis on accuracy and control in intercompany processes.

Qualifications

• CA/CA- Inter. or MBA/CMA with 3–8 years in accounting and RTR ops.
• Strong intercompany reconciliation and GL process knowledge.
• Proficient in MS Excel and SAP, with good communication skills.

Responsibilities

• Perform timely reconciliation of intercompany balances and transactions across entities.
• Monitor ICP and GL accounts, ensuring complete and accurate postings.
• Investigate mismatches, aging items, and close items within timelines.
• Prepare reconciliation reports and support month-/year-end close activities.
• Collaborate with O2C, P2P, Treasury and accounting teams to resolve issues.

Skills

MS Excel

Intercompany Reconciliation

Stakeholder Management

Education

CA/CA- Inter.

MBA

CMA – Inter.

Tools

SAP

Job description

Job Description

SKF started its operations in India in 1923. Today, SKF provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the years the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.

SKFs solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value-added solutions that integrate all its five technology platforms.

To know more, please visit: www.skf.com/in

SKF Purpose Statement

Together, we re-imagine rotation for a better tomorrow.

By creating intelligent and clean solutions for people and the planet

JOB DESCRIPTION

Role Title

Accountant R2R (Intercompany)

Reports to

Sr. Accountant R2R

Role Type

Individual Contributor

Location

Chinchwad, Pune

Purpose of the role

The R2R Intercompany (ICP) Reconciliation Analyst is responsible for ensuring accurate and timely reconciliation of intercompany transactions and balances across group entities. The role involves maintaining the integrity of General Ledger accounts, identifying and resolving reconciliation differences, supporting month-end and year-end close activities, ensuring compliance with accounting standards, and collaborating with multiple stakeholders across Finance, O2C, P2P, Treasury, and Business teams.

Key Responsibilities

Intercompany Reconciliation & General Ledger Management

• Perform timely and accurate reconciliation of intercompany balances and transactions across legal entities.
• Monitor and maintain Intercompany (ICP) and General Ledger accounts, ensuring all transactions are recorded accurately and completely.
• Investigate and resolve reconciliation differences, mismatches, aging items, and out-of-balance conditions within agreed timelines.
• Ensure proper documentation of reconciliations, supporting schedules, and exception reporting.
• Support month-end, quarter-end, and year-end closing activities related to intercompany accounting.

Reconciliation and Issue Resolution

• Complete periodic reconciliations of assigned balance sheet and P&L accounts in compliance with company policies.
• Identify root causes of reconciling items and coordinate with relevant stakeholders for timely closure.
• Track open items, monitor aging, and drive resolution through regular follow-ups with counterparties and business teams.
• Prepare reconciliation reports and provide status updates to management.

Compliance and Financial Controls

• Ensure compliance with accounting standards, internal control requirements, company policies, and statutory regulations.
• Maintain adequate audit trails and supporting documentation for all reconciliation activities.
• Support control testing and remediation activities related to Intercompany processes.

Audit Support

• Provide reconciliation reports, supporting schedules, transaction details, and explanations to internal and external auditors.
• Assist during statutory audits, internal audits, and corporate reviews.
• Address audit queries accurately and within agreed timelines.

Stakeholder Management and Cross-Functional Collaboration

• Liaise with business stakeholders, finance controllers, and shared service teams to resolve intercompany discrepancies.
• Collaborate closely with O2C, P2P, Treasury, Tax, and accounting teams to resolve transaction and posting issues impacting GL and ICP accounts.
• Support management with timely financial information and analysis for decision-making.
• Participate in regular governance meetings and reconciliation review calls with global counterparts.

Process Improvement and Continuous Excellence

• Identify opportunities to enhance reconciliation efficiency, standardization, automation, and control effectiveness.
• Drive reduction of aged reconciling items and recurring exceptions through process improvements.

Academic & Work Profile

• CA/CA- Inter., MBA, CMA – Inter. 3 – 8 yrs. exp. in accounting
• Strong in Accounting and intercompany Reconciliation process
• Relevant Experience/ Knowledge in reputed Captive/Outsourcing RTR Ops.
• Good Written/Verbal Communication
• Ms Excel Knowledge.
• Preferred someone with exposure of SAP for 1+ years
• Stakeholder Management experience
• Quality Lean/Process Improvement knowledge