Senior Specialist Finance

3 weeks ago


Bengaluru India 3M Full time

Job Description

3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

Job Description:

Senior Specialist - Finance

Collaborate with Innovative 3Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it's equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a diversity of people, global locations, technologies and products, 3M is a place where you can collaborate with 96,000 other curious, creative 3Mers.

3M's culture is driven by curious, spirited and collaborative people who are constantly asking What if And the many talents of 3Mers around the globe have me incredibly excited about what's to come next. - Kristen Ludgate, executive vice president and chief Human Resources officer at 3M

This position provides an opportunity to transition from other private, public, government or military environments to a 3M career.

The Impact You'll Make in this Role

You will become member of India Controller team in all expects of Controlling.

- USGAAP Monthly Closing: Coordinating with GSC (Global Service Center at Manila, Philippines, the shared service center) for ensuring accurate monthly accounts closing and transmission of financial result to parent. Responsible for preparation of financial reports (P&L and BS) on monthly basis for review.
- General Ledger Maintenance: Monitor and maintain the integrity of the Chart of Accounts, cost centers, and profit centers by coordinating closely with the GSC.
- Monthly Accrual: Coordinating with the internal stakeholders for submission of the accruals monthly as per the agreed timelines. Overseeing the monthly accruals to ensure the accuracy of reporting. Preparation of accruals from controlling in accordance with the Company Policies and procedures like Gratis, Tax provision etc.,
- Year end USGAAP Reporting: Coordinating with the GSC to ensure year end activities and reporting requirements to the parent entity. Review of year end closure and transfer of balances-accuracy.
- Monthly Account reconciliations: Ensure timely submission and review of Balance Sheet account reconciliations in accordance with internal policies.

- Support in IGAAP Quarterly and Annual Closing: Assist in coordinating with auditors for quarterly and annual closings, specifically for areas related to Cost of Goods Sold (COGS) and Operating Expenses (Opex) and others. Collaborate with internal stakeholders to ensure consistency and completeness of financial information for audit purposes.
- Risk Management & Compliance: Ensure adherence to corporate policies and procedures in all financial matters, supporting internal controls and compliance frameworks.
- Strategic Business Partnering: Liaise with senior team members to support financial discussions, provide insights, and contribute to strategic decision-making.

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

- B.com and Chartered Accountant.
- Minimum of 8-9 years post qualification finance experience Additional qualifications that could help you succeed even further in this role include:
- Excellent written and verbal communication skills.
- Fluent English both in written and verbal.
- Familiar with Companies Act, IGAAP (Ind AS) and USGAAP regulations.
- Strong numeracy skills, experienced in using Microsoft Excel Capacity on technical tools (Power BI).
- Can problems solve and work through issues independently.
- Self-starter with ability to prioritize projects and drive change.
- Cross-cultural project management experience, good team player and able to motivate self and others.

Travel: Not applicable

Relocation Assistance: May be authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

3M offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.

Resources for You

For more details on what happens before, during and after the interview process, check out the Insights for Candidates page at 3M.com/careers.

Learn more about 3M's creative solutions to the world's problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.

Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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