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Accountant II
1 week ago
At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.
Job Overview
Provide analytical support to Controlling team in the critical areas of Business Reporting for India P&L, Order to Cash Analytics and Statutory Accounts finalization for Indian Legal Entities. Drive automated tech enabled reporting processes, projection of cash flows from India Businesses, drive continuous improvements initiatives with process control areas and work closely with Record to Report team for finalization of Stat Accounts and other related Compliance matters. This role should evolve over a period to take over the responsibilities of Controlling / Accounting / Taxation functions for India Legal Entities.
Responsibilities:
As a member of India Controlling team, this position will -
Regular (Monthly / Quarterly / Yearly and Ad-hoc) Reporting for India P&L. Automation of India P&L reporting with use of technologies. Preparation of Monthly Cash Flows and projection of future cash flows based on business drivers. Preparation and Tracking of Working Capital Position in comparison to pre-defined metrics. Project and identify improvement areas for reduction of working capital slippages. Design reporting model to optimize working capital at a Legal Entity level. Drive regular calls with Businesses to track reduction projects and capture its financial impact. Review and own allocation / distribution cycles and track their m-om-m / q-o-q variability vis-à-vis projection. Quarterly reporting of Engineering P&L and provide analytical insight. Ensure Monthly / Quarterly / Annual Book Closing for selective / all India Legal Entities in US GAAP as per agreed cut off timeline. Interact closely with Statutory & Internal Auditor. Handle different types of audits with confidence. Participate in the ongoing development and maintenance of Internal Control procedures and processes. Drive process efficiencies and consistencies. Identify Control metrics for the Organization and mitigate Control related Risks. Develop and Publish Controllership Dashboard.Page 2 Handle SOX related assignments in collaboration with Global FP&C team. Interact / Co-ordinate with Business Unit Controllers / Plant Controllers for Accounting issues
Desired Candidate Profile:
Chartered Accountant with 2-3 years’ experience. MNC with SAP experience preferred Solid command over USGAAP / IGAAP / Ind AS Strong Accounting knowledge. Knowledge of Accounting Standards is desirable. Working knowledge of various legal and regulatory compliances applicable to a company beyond Company Law and FEMA Understanding of Merger, Demerger, Acquisitions, Takeovers, Inward and Outward Investments, Business Transfer, Share Purchase Agreement, Shareholders Agreement, etc , desirable but not essential Working knowledge of Direct and Indirect Taxes Advance Excel / PowerPoint knowledge. Knowledge of Power BI / Tableau will be considered as advantage. SAP / Any Other Leading ERP working knowledge
Competencies
Values: Integrity, Accountability, Inclusion, Innovation, Teamwork
WHAT TE CONNECTIVITY OFFERS:
We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority
• Competitive Salary Package
• Performance-Based Bonus Plans
• Health and Wellness Incentives
• Employee Stock Purchase Program
• Community Outreach Programs / Charity Events
• Employee Resource Group
Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site.
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