F & B Officer

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