R2R Specialist - Fixes Assets

AkzoNobel; Mhalunge; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

AkzoNobel India is seeking an accounting professional to support monthly, quarterly, and year-end closings for regional entities. You will maintain IFRS and statutory reporting structures, interact with RAC analysts and GBS, and drive process quality in general ledger and balance sheet reconciliations.

The role requires 5+ years in accounting, IFRS knowledge, SAP experience, and strong Excel skills. English fluency and autonomy under tight month-end deadlines are essential.

Qualifications

• 5+ years of accounting and reporting experience.
• Degree in Finance or Accounting.
• IFRS and statutory reporting knowledge.
• SAP/ERP systems expertise.
• Proficient in English.

Responsibilities

• Support monthly, quarterly, hard-close and year-end close for regional entities.
• Maintain financial reporting and general ledger structures for IFRS and statutory reporting.
• Interact with RAC analysts, BU Accounting Managers and GBS on accounting topics.
• Assist with ad hoc BU activities and tax/regulatory inputs.
• Drive standardization and balance sheet reconciliations and act as operational link to GBS.

Skills

SAP

IFRS

Fixed Asset

GL Accounting

Excel

Analytical skills

Education

Degree in Finance or Accounting

Tools

HFM

MFGPRO

Job description

Job Purpose -

• Support in an accurate and timely way the monthly, quarterly, hard-close and year-end-financial closing for the entities in the region
• Maintain and share with the entities the set-up of the financial reporting and general ledger structure for both IFRS and statutory reporting
• Active interaction with other RAC analysts, BU Accounting Manager(s) and GBS about accounting subjects, transaction processing and performance

Support BU accounting manager in adhoc specific BU activities

Role & responsibilities

• Support in an accurate and timely way the monthly, quarterly, hard-close and year-end-financial closing for the entity or entities in the region (including dependent on role split Financial Reporting, Fixed Asset Accounting, General Ledger Accounting, Inter Company Accounting, Treasury Accounting, Period Close Activities, Statutory and Tax Reporting)
• Support consolidation of legal entity statements and local statutory reporting in the region
• Thorough knowledge on Fixed asset process (Acquisition, disposal, depreciation, Impairment etc.) and IFRS 16 process.
• SAP hands on knowledge is must.
• Advise on operational complex and judgement based general accounting (e.g. complex (non-rule based) accruals) and recurring month-end activities
• Review P&L and BS from an accounting perspective in ERP / HFM (during the month / as per the agreed BS review cycle)
• Comply with rules and regulations set by global accounting and implement accounting policies
• Identify and signal recurring issues for further process improvement
• Drive standardization and quality in balance sheet reconciliation process
• Operational key link for GBS (e.g. in escalation or advice on transactions)
• Involve specialists in specific accounting topics where specific / deep knowledge is required
• Support specialists in specific accounting and/or tax topics where operational assistance is required
• Support RAC operations teamlead in liaising with local authorities and internal / external auditors
• Support BU accounting manager in adhoc specific BU activities
• Deliver recurring input for tax and regulatory requirements

Preferred candidate profile

• Accounting professional with preferably 5+ years of experience in accounting and reporting, and capable of analyzing complex processes and issues (2nd or 3rd accounting job)
• Degree in Finance or Accounting
• Adequate expertise knowledge in financial accounting (IFRS, accounting processes)
• Knowledge and understanding of Financial / ERP systems, SAP/ MFGPRO knowledge preferred
• Understanding on the tax, VAT, tax declarations, statistical reporting to the tax authorities etc
• Understanding of Consolidation systems, preferably HFM
• Problem solving with analytical skills
• Result orientated with a focus on service delivery
• Advanced user of Microsoft Excel
• Drive monthly closing and reporting processes for scope of work
• Autonomous in organizing responsibilities and work
• Ability to work under severe time pressure during month-end closures and continuously retain an eye' for the details
• Adequate communication skills and full professional proficiency in English