BSA Operations Analyst (Balance sheet account reconciliation)

Castrol; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Castrol is seeking a skilled R2R professional to lead balance sheet reconciliations and ensure accuracy across financial statements. The role emphasizes leveraging Blackline with SAP ECC and S/4HANA, maintaining compliance with accounting standards, and driving continuous improvement in reconciliation processes.

You will collaborate with multiple stakeholders, investigate variances, and document resolutions while supporting audits and potential automation initiatives within the finance function

Qualifications

• 4+ years of experience in R2R with Blackline reconciliation, SAP ECC or S4 HANA, and MS Office.
• University degree and MBA qualification.
• Excellent written and verbal communication skills.
• Strong continuous improvement mindset and Agile adaptability.
• Proactive, analytical, and capable of stakeholder engagement.
• Understanding of end-to-end financial processes like O2C, P2P and R2R.

Responsibilities

• Reconcile balance sheet accounts and ensure accuracy and completeness.
• Stay updated on accounting standards relevant to reconciliation.
• Investigate variances and discrepancies, and document findings.
• Collaborate with stakeholders to resolve issues promptly.
• Document reconciliations in line with company standards.
• Suggest improvements or automation using Blackline where applicable.
• Support audits and ad hoc balance sheet projects.
• Provide training and guidance on Blackline reconciliation practices.

Skills

Clear communication

Analytical thinking

Stakeholder management

Independent work

Education

MBA

Tools

Blackline

SAP ECC

S/4 HANA

MS Office

Job description

Job Description

Castrol is one of the world’s leading lubricant brands, serving customers and consumers in the automotive, marine, industrial and energy sectors. Castrol brands are recognised globally for their premium quality and high performance, shaped by the company’s commitment to innovation and cutting-edge technology. With products sold in more than 150 countries, Castrol has helped keep things moving on roads and racetracks, air, sea, and space for over 125 years.

Whether you're just starting out or ready for your next big move, you're in the right place to explore an exciting career with Castrol.

About the Team:

• Ensure compliance with company policies, accounting principles, and regulatory requirements in all reconciliation activities.
• Conduct regular reconciliations of balance sheet accounts to ensure accuracy and completeness.
• Stay updated on accounting standards and regulations relevant to reconciliation practices.
• Investigate and resolve any variances or discrepancies identified during the reconciliation process.
• Collaborate with relevant stakeholders to address issues and discrepancies promptly.
• Document all reconciliation activities, findings, and resolutions in accordance with company standards.
• Continuously evaluate and improve reconciliation processes to enhance efficiency and accuracy.
• Provide recommendations for enhancements or automation of reconciliation procedures, leveraging Blackline functionalities where applicable.
• Collaborate with other departments or teams to obtain necessary information or support for reconciliations.
• Provide training and support to other team members or stakeholders on Blackline reconciliation processes and best practices.
• Assist with special projects, audits, or other ad hoc requests related to balance sheet reconciliations as needed.
• Flexibility to take on additional responsibilities or tasks within the finance or accounting function as required.
• Analyze reconciliation data to identify trends, patterns, or areas for improvement.
• Support internal and external audit processes by providing requested documentation and explanations.

Key Tasks:

• Quick to react and adapt to constantly changing business requirements to support rapidly changing business requirements.
• Demonstrate clear understanding of the business context of the company in order to deliver high-quality service.
• Ability to interact with and influence people at all levels, geographies and time zones within the organization, building strong relationships quickly.
• Complete understanding of system landscape and infrastructure.
• End to end understanding of GBS control monitoring and governance processes.
• Ensuring that Castrol's control environment remains effective through compliance with internal/ external requirements via the application of controls and systems across all activities in scope of operations.
• Looks for ways to do things better, faster, more efficiently.

Experience Required:

• 4+ years of relevant experience in R2R Function including, Blackline Account reconciliation / SAP ECC / S4 HANA / MS Office Suite.
• University degree and professional qualification- MBA.
• Clear, fluent, and confident written and verbal communication skills.
• Strong continuous improvement mentality and drive for excellence.
• Agile outlook to adapt to changing circumstances and priorities.
• Good levels of proactivity & drive, analytical thinking, strong communications & engagement, tenacity and preferably have pre-BP background experience in Blackline.
• Blackline and SAP FI-CO End User experience is preferred.
• Understanding of the end-to-end financial process lifecycle like O2C, P2P and R2R.
• Strong planning and problem-solving skills.
• Ability to communicate effectively.
• Strong stakeholder management skills.
• Ability to work independently, manage multiple tasks concurrently.

Privacy

The Castrol entity recruiting for this role is the data controller for the personal information you provide. We use it to assess your application and to manage the recruitment and onboarding process. We may share it with service providers who support our recruitment, and it may be transferred to other Castrol entities internationally under appropriate safeguards. We keep it only for as long as necessary. For details of how we use your information and your data protection rights, contact [e-mail].

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to Castrol recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.).

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.