Senior Associate - R2R

Madura Coats; Madurai District; On-site; INR 420,000 - 560,000; Full time

Job summary

Madura Coats in Tamil Nadu is seeking an R2R Executive / Financial Controls to maintain accurate financial records, perform month-end close activities, and ensure timely reporting in line with IFRS / Ind AS and company policies.

The role supports financial integrity, coordination with audits, and management decision-making; you will work with ERP systems and assist in preparing financial statements and reports.

Qualifications

• Professional Qualification: CA preferred.
• Experience: 1-3 years of R2R or General Ledger accounting.
• Knowledge: IFRS / Ind AS and Indian Taxation.

Responsibilities

• Perform monthly, quarterly, and annual financial close activities.
• Prepare and review monthly end reporting pack / MIS.
• Reconcile general ledger accounts and resolve variances.
• Prepare balance sheet schedules and flux analysis.
• Support statutory, internal, and external audits.
• Assist in preparation of financial statements as per IFRS / Ind AS.
• Income tax computation and Tax Audit / Transfer pricing Audit fillings.
• Adherence of Advances tax and TDS.
• Manage open litigation with help of external tax advisors.
• Identify process gaps and suggest improvements.
• Ensure adherence to SOPs and internal control requirements.
• Audit the Internal control framework and prepare Internal Audit Report.
• Coordinate with business teams and plant teams.
• Respond to queries from auditors and internal stakeholders.
• Support management reporting requirements.

Job description

Job Title

R2R Executive / Financial Controls

Department

Finance & Accounting

Reports To

Finance Manager- Financial Controls

Job Summary

The R2R Executive is responsible for maintaining accurate financial records, performing period-end close activities, and ensuring timely reporting in compliance with accounting standards and company policies. The role supports financial integrity and management decision-making.

Key Responsibilities

Accounting & Month-end Close Activities

• Perform monthly, quarterly, and annual financial close activities
• Prepare and review monthly -end reporting pack/ MIS.
• Reconcile general ledger accounts and resolve variances

Financial Reporting

• Prepare balance sheet schedules and flux analysis
• Support statutory, internal, and external audits
• Assist in preparation of financial statements as per IFRS / Ind AS .

Taxation

• Income tax computation and Tax Audit/ Transfer pricing Audit fillings.
• Adherence of Advances tax and TDS
• Managing the open Litigation with help of external tax advisors

Process Improvement & Internal Controls

• Identify process gaps and suggest improvements
• Ensure adherence to SOPs and internal control requirements
• Auditing the Internal control framework for all Process and Preparation of Internal Audit Report.

Stakeholder Management

• Coordinate with business teams and plant teams,
• Respond to queries from auditors and internal stakeholders
• Support management reporting requirements

Key Skills & Competencies

Technical Skills

• Strong knowledge of accounting principles
• Experience with ERP systems (SAP, Power BI etc.)
• Proficient in MS Excel (VLOOKUP/XLOOKUP, Pivot Tables)
• Understanding of month-end close processes, Knowledge of Ind-AS/ IFRS, Indian Taxation.

Behavioural Skills

• Attention to detail and accuracy
• Strong analytical and problem-solving skillsAbility to meet tight deadlines
• Good communication and collaboration skills

Qualifications & Experience

• Professional Qualification: CA preferred
• Experience: 1-3 years of experience in R2R or General Ledger accounting.