F & B Officer

3 months ago

Vadodara Gujarat, India Aarti Industries Full time

Department

Forecasting & Budgeting Team 1

Job posted on

Sep 24, 2024

Employee Type

Full Time

Experience range (Years)

2 years - 6 years

**Job title**
- Finance Incharge**Span**
- Central**Function**
- Finance**Job Family**
- Officer**Reporting to (position)**
- Finance Manager**Direct Reportees**

**Job Context**

**Job Purpose**
- To ensure accurate and timely closure of books in compliance with company policies, procedures and accounting standards.**Job Dimension**

**Key Role & Responsibilities**
- "- Execute day to day procedures of the record to report function
- Ensure adherence to SLA’s and target KPI’s for all processes
- Keep all documentation related to the function activities up to date
- Assist the RTR Lead in:

- Closing activities and tracking the due dates
- Posting entries and maintaining documentation and files
- Preparation of audit schedules and resolution of audit queries
- Finalization of TB, preparation of financials and reporting packages
- Review trial balance to ensure no abnormal balances are shown
- Monitor closing tracker post closure of individual books. Perform month and year-end closing activities as per the closing calendar
- Perform closing activities, specific manual journal entries, document reversal etc.
- Undertake pre-closing activity with respect to monthly, quarterly and annual closing of accounts
- Assist in the preparation of month-end and year-end financial statements and reporting packages
- Participate in the preparation of the schedules and reports that are required by auditors. Provide insightful data to assist management in decision-making
- Timely completion of statutory audits & ensures statutory compliance. Incorporate changes suggested by statutory auditors and prepare the final copy of reports
- Continually update knowledge on accounting changes & co-ordinate with relevant stakeholders to close as per laws
- Ensure compliance with company policies, procedures and accounting standards, applicable laws and regulations
- Perform accurate reconciliation of all balance sheet accounts as per defined schedules
- Scrutiny and analysis of General Ledgers to ensure accurate reporting and hygiene of books of accounts.
- Identify discrepancies, if any, in the processes / reporting / accounting and raise the same to the senior for further probing and action"

**Internal & External Relationship**
- Function- Agency- Purpose of function- Frequency- Nature of Relationship- IT- Liaise with IT to resolve any technology related issues affecting working of R2R section
- Work closely with IT to ensure continuous system improvements towards increasing efficiency of processing
- As per defined cadence & Ad hoc requirements- Basic/Advanced/Strategic- Business, Finance, Regulatory- Manage relationships with multiple internal and external stakeholders with the objective of meeting delivery as
per the agreed parameters and solving business problems
- To drive change management for process improvement opportunities
- As per defined cadence & Ad hoc requirements- Basic/Advanced/Strategic- Auditors- Ensure appropriate responses are made to audit observations and corrective and preventive actions are taken- As Per Audit Calendar- Basic/Advanced/Strategic**Job Position**

**Pillar**
- Governance**Vertical**
- Finance**Group**
- Finance Operations**Team**
- Finance Operations Team 1**Job specification**

**Experience**
- 6-8 years of experience in running Record to Report function, preferably in the manufacturing / chemical industry**Qualification**
- Qualified Accountant (CA)**Certifications/Trainings**

**Competencies**

**Behavioural**
- Proven team & stakeholder management and leadership skills
- Excellent communication skills - written and verbal
- Comfortable working in a high-pressure environment and managing competing deadlines
- Demonstrate Aarti Values: Care, Integrity & Excellence

**Functional**
- Clear understanding of financial accounting and compliance
- Understanding of commercial and tax laws
- Advanced knowledge of record to report function processes, tools and frameworks
- Developed skills of managing management and statutory audit queries
- Expert knowledge of SAP
- Financial reporting and analysis
- Driving and sustaining organisation wide change
- Management of financial/ Management reports, accounting rules and financial reporting governances and systems

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