Aerospace entry Jobs

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Accounting Associate,- R2R

Sunshine Workforce Solutions
Vadodara, Gujarat

Quick apply

Job details

Full-time
₹6,00,000 - ₹10,00,000 a year
14 days ago

Qualifications

Microsoft Word
Microsoft Excel
Microsoft Outlook
US GAAP
SAP
ERP systems
Accounting principles
English
Research
SOX
Microsoft Office
Accounting
Balance sheet reconciliation
Macros
Financial accounting
SAP ERP

Full job description

The Company:
Our client is an industrial manufacturer of critical, engineered components that serve fast-growing end markets in defense, transportation, flow, energy and aerospace. The company’s differentiation is sustained through a combination of several factors: execution, the quality of its leadership and our DNA as an engineering leader. We have a clear purpose: to provide our customers with cutting-edge solutions to help solve their most critical needs.
The company is comprised of three distinct segments:
Motion Technologies – a global leader in brake pads and other solutions for the automotive and rail markets
Industrial Process - a global leader in pumps for the chemical, energy, mining and industrial markets
Connect & Control Technologies - a niche player in the aerospace, defense and industrial markets
Headquartered in U.S. with 12,000 employees in 39 countries

Job Summary

The RtR team has responsibility for a range of controllership activities including fixed assets, month end close, balance sheet reconciliations, consolidation and external reporting, as well as other special projects. Services are provided to many of ITT’s businesses, located around the globe. ITT is U.S. owned, therefore a strong controls environment must be maintained, to ensure Sarbanes Oxley compliance.

The Accounting Associate provides key accounting support for the Accountant, ensuring work is completed accurately, efficiently and to tight deadlines. They assist with reporting financial results, providing managers with the level of support and information required for successful day-to-day operation of the business.

Principal Duties and Responsibilities

Calculate and post various journal entries, including accruals, prepayments, payroll, reserves, taxes etc.
Monitor capital projects and CIP through to completion. Maintain fixed assets register including additions, transfers, depreciation and disposals.
Determine accounting entries for bank transactions, create/post journals and complete bank reconciliations.
Raise intercompany charges and resolve month end imbalances, in conjunction with OtC & PtP.
Assist in the preparation of various tax calculations and submissions.
Prepare balance sheet reconciliations and investigate, resolve and clear any reconciling items.
Review own work to understand and be able to explain reasons for variances in a/c balances and charges.
Assist with SOX compliance monitoring and ensure own work is completed in line with required controls.
Submit entries and forms in the One Stream consolidation system.
Run reports from ERP and BI systems to support calculations and provide management information.
Prepare / monitor standard operating procedures to ensure these are accurate and up to date.
Support internal and external audits.
Work with Accountant to drive green KPI delivery and continued positive trends in operational KPIs.
Act as first point of contact for FA&R process enquiries.
Identify and/or implement continuous improvement initiatives.
Liaise and foster good relations with colleagues at business units and corporate functions.
Support transitions of activities into / out of SSC, including job shadowing and knowledge transfer.
Participate in special accounting and other projects, as assigned.

Skills, Experience & Education

Required

Fluent in spoken and written English
Strong Microsoft Office skills, including Word, Outlook and especially Excel
Comfortable with a changing, fast paced environment
Able to communicate and work effectively with other team members, including senior management
Able to be flexible with working hours, to ensure time sensitive activities and projects are completed on schedule, especially around month end close
Self-motivated and able to work with minimum supervision
Excellent research, analytical and problem-solving skills
Good attention to detail
Good, all-round knowledge of financial accounting processes – either through education or experience

Preferable

Financial accounting and reporting experience in a large, complex organization
Experience of SAP or other ERP system
Experience of consolidation software, such as One Stream
Experience of management information systems, including report writing
Microsoft Excel at advanced level, including writing macros and other automations
Recognised accountancy qualification (either qualified or part qualified)
Working knowledge of US GAAP accounting principles
2+ years’ experience in a financial accounting role
Previous experience working in a shared services environment
Additional European language (other than English)

Quick apply

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Job Summary

Principal Duties and Responsibilities

Skills, Experience & Education

Required

Preferable

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