Senior Accountant O2C

Gruppo SKF; Pune District; On-site; INR 1,500,000 - 2,400,000; Full time

Job summary

SKF is seeking a Senior Accountant O2C in Pune to manage the end-to-end Order to Cash process for assigned entities. You will lead a team of Process Analysts, drive month-end close, and prepare financial statements, while ensuring governance, SLAs, and data accuracy.

The role requires strong accounting knowledge, experience with ERP systems, and the ability to optimize processes. Collaboration with audits and external partners is expected.

Qualifications

• Bachelor’s degree with a specialization in Accounting.
• 8-13 years of professional work experience in transactional processes (reporting & processing).
• Experience in Manufacturing Set-up/ Shared services Centre is an added advantage.
• Strong MS Office and ERP/Finance system skills.
• Strong written and verbal communication and analytical skills.

Responsibilities

• Manage end-to-end O2C process including receipts processing, provisioning, audits & internal controls.
• Perform monthly sub-ledger reconciliations and review variances.
• Lead accounts receivable ledger closing and month-end reports.
• Prepare journal entries for accruals and doubtful debts provisions.
• Ensure timely processing of receipts and maintain documentation per policy and regulations.
• Provide MIS reports and analytical insights for management.

Skills

Finance & Accounting

MS Office

ERP systems

Communication skills

Analytical skills

Process improvement

Education

Bachelor’s degree in Accounting

Tools

ERP systems

MS Office

Job description

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Requisition ID: 25117

Job Category: Finance & Control

Contract type: Permanent

Location: Pune, IN

About SKF

SKF started its operations in India in 1923. Today, SKF provides 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.

SKF's 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.

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

By creating intelligent and clean solutions for people and the planet

Job Description

Job Title: Senior Accountant O2C

Reports to: Process Delivery Manager O2C

Purpose of the role:

The role is responsible for managing the overall O2C process for the assigned group of entities/ geography and assisting the Process Leader in managing service levels and governance of the O2C process. The role will report to the Process Leader- O2C.

The role holder will be accountable for month-end reporting, managing process, preparing preliminary financial statements, and accounts receivable function. The role holders will lead a team of Process Analysts & provide management with detailed financial and account management reports for ongoing fiscal review, analysis and management.

• End to end O2C Process including receipts processing, provisioning, audits & Internal controls
• Manage monthly sub ledger reconciliations, review financial reports to identify and explain variances, and follow documentation & maintain accounting files. Ensure effective maintenance of customer ledger accounts
• Perform Accounts Receivable ledger closing, consolidation and month-end reports
• Prepares journal entries for accruals & Reserve for Doubtful Debts (RDD)
• Ensure timely and accurate processing of all receipts. Maintain all financial information and records. Ensure documentations are prepared in compliance with all related regulatory guidelines and applicable policies.
• Prepare all MIS reports as required from time to time
• Provide advice on collection trends, financial commitments and develop solutions to resolve accounting discrepancies and other financial issues.
• Provide technical support & advise along with performance coaching to Process Analysts
• 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 O2C
• Responsible for performance delivery according to agreed SLAs, & KPIs in line with the Shared Service Centre standards and respective country norms

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 O2C function
• 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

• Bachelor’s degree with a specialization in Accounting
• 8-13 years professional work experience in transactional processes (reporting & processing)
• Experience of working in a Manufacturing Set-up/ Exposure working in a Shared services Centre will be an added advantage

About SKF

SKF has been around for more than a century and today we are one of the world’s largest global suppliers of bearings and supporting solutions for rotating equipment. With more than 40,000 employees in around 130 countries, we are truly global. Our products are found everywhere in society. In fact, wherever there is movement, SKF’s solutions might be at work. This means that we are an important part of the everyday lives of people and companies around the world. See more, at www.skf.com.