Senior Accountant - Compliance & Audits

SKF Group; Maharashtra; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

SKF Group in Maharashtra seeks a Senior Accountant – Compliance & Audit to oversee R2R activities and regulatory reporting. The role requires leading journal entries, reconciliations, and month-end closes while ensuring data accuracy and policy compliance.

You will supervise GL processes, prepare statutory and tax filings, and support internal and external audits. Strong analytical skills and SAP/Power BI proficiency are essential for driving continuous improvement.

Qualifications

• CA – Qualified with 5+ years in RTR/Accounting and audits.
• Experience in Manufacturing SSC or shared services preferred.
• Experience leading a team responsible for reporting and processing.

Responsibilities

• Supervise journal entries and reconciliation of financial statements and accounts.
• Lead month-end closing, consolidation, and preparation of financial statements.
• Direct accounting analysis, prepare accruals and variances, and support audits.
• Ensure compliance with standards and tax provisions; mentor staff.

Skills

Leadership

Analytical skills

Communication

MS Office

Excel

Power BI

Education

CA – Qualified

Tools

SAP

Power BI

Power Query

MS Office

Job description

Job Title

Senior Accountant – Compliance & Audit

Reports to

Chief Accountant R2R

Job Roles & Responsibilities

• Supervise the preparation of journal entries and reconciliation of financial statements and accounts ensuring data accuracy. Ensure effective maintenance of general ledger accounts
• Manage monthly account reconciliations, general ledger accounts, review financial reports to identify and explain variances, and follow documentation & maintain accounting files
• Perform general ledger closing, preliminary financial statements, consolidation, and month‑end reports
• Direct accounting analysis and reporting and prepare journal entries for accruals and variances
• Provide technical support and advice to Process Analysts
• Maintain all financial information and records
• Ensure documentation is prepared in compliance with all related regulatory guidelines and applicable policies
• Lead the team in performing month‑end and year‑end closing by ensuring any reconciling items are addressed and overall timely execution of high quality and accurate processes
• Respond in an effective and timely manner to all Business Unit needs concerning areas such as expenditures and inventory
• Responsible for Fixed Assets Accounting, Inventory Accounting and Payroll Accounting
• Lead Statutory Audit and complete it within the required time frame
• Provide support to all internal and external audits as initiated from time to time
• Work in close collaboration with external service provider/outsource partner
• Lead all continuous improvement and optimization projects for R2R
• Responsible for performance delivery according to agreed SLAs & KPIs in line with the Shared Service Centre standards and respective country norms
• Calculation of tax provision including deferred tax working
• Prepare withholding tax return
• Prepare monthly, quarterly return of indirect tax (GST, etc.)
• Provide guidance to the team on application of accounting standard for any special business transactions
• Perform weekly review of trial balance and ensure correctness in accounting

We offer

• A stimulating and challenging job in an international and developing environment
• Opportunity to be part of an experienced and open-minded team
• Get an in-depth knowledge of best‑in‑class Finance processes

We expect you to have

• Superior understanding of overall Finance & Accounting with strong exposure to R2R processes
• Expert Knowledge on Accounting Standards
• Experience in Audit and Preparation of Financial Statements
• Leadership skills for team management and keep team motivated
• Good organizational and planning skills, including ability to prioritize work, handle multiple tasks simultaneously, set goals and enforce deadlines, while maintaining flexibility to reassess and prioritize goals
• Experience with MS Office required and superior understanding of Finance systems/ERP
• Strong written and verbal communication and analytical skills
• Ability to challenge the standard/Status‑Quo in order to secure accounting and improve processes. Open minded when it comes to changes

Academic & Work Profile

• CA – Qualified
• 5+ years of professional work experience in R2R function (Accounting, Reporting and Audits) with 2+ years of experience in leading a team responsible for ongoing reporting and processing
• Experience of working in a Manufacturing Set-up/ Exposure working in a Shared services Centre will be an added advantage
• Relevant Experience/ Knowledge in reputed Captive/Outsourcing RTR Ops.
• Excel Knowledge
• Preferred someone with exposure of SAP for 2+ years
• Power BI Dashboard/ Worked with Power Query for data cleaning, transformation, and preparation
• Quality Lean/Process Improvement knowledge