Specialist - FMR (RTR, Fianacial Reporting)

1 month ago

Chennai, India Mindsprint Full time

Position: Senior Specialist – FMR

Grade: F4

Location: Chennai


Job Summary:


The Senior Specialist– FMR (RTR) is responsible for a collection of processes between recording financial transactions and the publication of financial reports. The candidate should be a MBA with 8-10 years of experience in manufacturing/FMCG company in Finance and Accounts domain. S/he is responsible of providing both strategic, financial, and operational feedback on business performance as well as financial statements that are compliant with local accounting standards. Responsibilities include posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, preparing cash forecasting statements, supporting month end closing, preparing various reports as required and supporting audits.


Job Description:


Responsible for monthly book closure, preparation and posting of Journal entries, financial reporting, and reconciliations. Application of the entity’s accounting policies to each non-routine event or transaction is independently reviewed for appropriateness and ensures any exceptions are highlighted to business on an immediate basis

Unusual items and exceptions are investigated and properly resolved / recorded in the general ledger in the appropriate accounting period

Managing the Financial and Management Reporting (RTR) processes and ensuring the service level agreements are met as per the timeline and accuracy

Overall responsibilities include:

  • Inventory accounting (movements and reconciliation with physical stock)
  • Mark-to-Market / Fair Value accounting
  • Month-end processing (period close)
  • Trial balance, PNL and balance sheet review
  • Management Reporting
  • Inter-company reconciliations
  • Account reconciliations (GL to sub-ledger)
  • Budgeting and Forecasting


Profile Description:


  • Graduate/MBA with 8 to 10 years of experiencein Finance and Accounts domain from a ITES/ BPS/Global Services/FMCG / environment
  • in setting up Validation Checklists for all processes and ensure to review on a continuous basis for completeness and accuracy
  • in independently reviewing, validating, authorising journal entries and ensure those are recorded in the appropriate accounting period
  • experience in preparing plant costing reports, Inventory Reporting, COML run, MUV (Materials Usage Variance)/PPV (Purchase Price Variance) absorption costing, standard costing etc.
  • have excellent knowledge in fixed assets accounting and fair knowledge about Bill of Material creation, production/work order settlement etc.
  • understanding of Generally Accepted Accounting Principles (GAAP)

knowledge of SAP / Oracle and SAP BPC / BO / BI would be an added advantage

  • Strong domain expertise, analytical skills and logical reasoning with good leadership capabilities with the ability to handle pressure and work in an environment of strict deadlines
  • to work in different time zones and willingness to travel (short informed trips) based on the business needs.


We are Mindsprint


A leading-edge technology and business services firm that provides impact driven solutions to businesses, enabling them outpace speed of change. For over three decades we have been accelerating technology transformation for the Olam Group and their large base of global clients.


Working with leading technologies and empowered with the freedom to create new solutions and better existing ones, we have been inspiring businesses with pioneering initiatives.


Awards bagged in the recent years:


  • Best Shared Services in India Award by Shared Services Forum – 2019
  • Asia’s No.1 Shared Services in Process Improvement and Value Creation by Shared Services and Outsourcing Network Forum – 2019
  • International Innovation Award for Best Services and Solutions – 2019
  • Kincentric Best Employer India – 2020
  • Creative Talent Management Impact Award – SSON Impact Awards 2021
  • The Economic Times Best Workplaces for Women – 2021 & 2022
  • #SSFExcellenceAward for Delivering Business Impact through Innovative People Practices – 2022

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