R2R Specialist

PHOENIX CONTACT (I) Pvt. Ltd.; Faridabad District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

A leading technology company located in Haryana seeks an E2E R2R & Tax Specialist responsible for managing the entire Record-to-Report process within their Shared Services Center. The role focuses on ensuring accurate financial accounting, compliance with accounting standards, and transaction tax compliance. Candidates should have 5-8 years of relevant experience, a Bachelor's degree in Finance or related field, and proficiency in ERP systems like SAP. This position contributes to financial reporting and process improvement.

Qualifications

• 5-8 years of experience in Record-to-Report / General Ledger accounting.
• Proficient in English (written & spoken).
• Strong knowledge of accounting principles and month-end close.
• Proficient with ERP systems (SAP/Oracle/Baan) and advanced MS Excel.

Responsibilities

• Prepare and post journal entries, accruals, and provisions.
• Support month-end, quarter-end, and year-end close activities.
• Prepare and review balance sheet reconciliations.
• Validate GST/VAT postings and support tax compliance.
• Support internal and external audits.
• Support internal and statutory reporting and audits.
• Identify process gaps and support standardization/automation initiatives.

Skills

Analytical skills

Attention to detail

Problem-solving

Stakeholder communication

Education

Bachelor’s degree in Commerce, Accounting, Finance, or related field

Tools

ERP systems (e.g., SAP, Oracle, Baan)

MS Excel (advanced)

Financial reporting tools

Excel (Advanced)

Financial reporting tools

Job description

Experience: 5–8 years of experience in Record-to-Report / General Ledger accounting within Shared Services or corporate finance.

Education: Bachelor’s degree in Commerce, Accounting, Finance, or related field.

Language: English – Proficient (written & spoken).

Qualifications: Strong knowledge of accounting principles, month‑end close, and balance sheet reconciliations.

Practical Skills: Analytical skills, attention to detail, problem‑solving, stakeholder communication.

Technical Skills: ERP systems (e.g., SAP, Oracle, Baan), MS Excel (advanced), financial reporting tools.

Function: Finance – Record to Report (R2R) & Tax.

Purpose of the position

The E2E R2R & Tax Specialist role is responsible for end‑to‑end ownership of the Record‑to‑Report (R2R) process within the Shared Services Center in India.

The position ensures accurate financial accounting, timely period close, balance sheet integrity, and transactional tax compliance in line with internal policies and statutory requirements.

This role supports the organization by delivering high‑quality financial data, ensuring compliance with accounting and tax regulations (SEA), supporting audits, and contributing to process standardization and continuous improvement within the finance shared services model.

SCOPE OF RESPONSIBILITY

General Ledger Accounting (R2R)

• Prepare and post journal entries, accruals, provisions, and reclassifications.
• Review and validate GL postings for accuracy and completeness.
• Ensure compliance with accounting standards and internal policies.

Month‑End & Year‑End Close

• Support month‑end, quarter‑end, and year‑end close activities.
• Ensure timely completion as per close calendar and SLAs.
• Coordinate with upstream/downstream teams.

Balance Sheet Reconciliations

• Prepare and review balance sheet reconciliations.
• Investigate, resolve, and clear reconciling items.

Transactional Tax Support

• Validate GST/VAT postings and tax codes.
• Support indirect tax compliance activities.
• Coordinate with tax teams for clarifications.

Reporting & Compliance

• Support preparation of financial and statutory reports.
• Provide data for management reporting.
• Ensure compliance with internal controls.

Audit Support

• Support internal and external audits.
• Respond to audit queries.
• Support closure of audit observations.

Process Improvement

• Identify process gaps and improvement opportunities.
• Support standardization and automation initiatives.