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Accountant, Finance Shared Services – Record to Report Team (RtoR)

Sunshine Workforce Solutions
Vadodara, Gujarat

Quick apply

Job details

Full-time
₹7,00,000 - ₹10,00,000 a year
6 days ago

Qualifications

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

Full job description

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

Accountant, Finance Shared Services – Record to Report Team (RtoR)

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 US owned, therefore a strong controls environment must be maintained, to ensure Sarbanes Oxley compliance.

The Accountant role is the technical lead in RtR, with responsibility for ensuring accurate, timely and efficient provision of services to a number of ITT’s businesses and corporate functions. They act as the key RtR contact point for their assigned businesses and work with other Accountants to appropriately assign workload to team members and monitor / manage progress.

Principal Duties and Responsibilities

Review journal entries, including accruals, prepayments, payroll, reserves, WIP, POC, taxes etc.
Review capital projects, fixed assets and lease accounting entries
Calculate / review cash and bank related accounting entries, including cash pooling, loans, interest, foreign exchange, intercompany charges, netting transactions etc.
Prepare / review various tax calculations and submissions
Review balance sheet reconciliations to ensure compliance against key criteria and ensure all reconciling items are cleared in a timely manner. Carry out balance sheet reviews with FSS and business leaders.
Ensure all work is completed in line with SOX requirements and implement improved controls, where required
Review O/S consolidation accounts and correct any errors, imbalances or missing information
Ensure the reported accounts are fully understood, accurate and compliant
Prepare / review KPI data, scorecards and other MI and take appropriate action, based on results
Review all standard operating procedures to ensure these are accurate and up to date
Support budgeting, forecasting and review processes for businesses and corporate functions
Work with internal and external audit teams to manage annual or ad-hoc audits
Act as first point of escalation for FA&R process enquiries
Drive and support continuous improvement initiatives across RtR team
Drive collaboration and good working relationships with supported businesses and other FSS teams
Provide expertise for process changes or transition of work into / out of SSC
Participate / lead on special accounting and other projects, as assigned

Skills, Experience & Education

Required

Fluent in spoken and written English
Advances 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
>3 years financial accounting experience in a large, complex organization and reporting
Good, all-round knowledge of financial accounting processes – either through education or experience
Experience of SAP or other large ERP system
Educated to degree level
Holder of a recognized, professional Accountancy qualification

Preferable

Experience of consolidation software, such as One Stream
Experience of management information systems, including report writing
Working knowledge of US GAAP accounting principles
Previous experience working in a shared services environment
Additional European language (other than English)
Supervisory experience
Manufacturing industry experience

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Accountant, Finance Shared Services – Record to Report Team (RtoR)

Job Summary

Principal Duties and Responsibilities

Skills, Experience & Education

Required

Preferable

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