R2R Senior Accounting Specialist

About AkzoNobel

Since 1792, we've been supplying the innovative paints and coatings that help to color people's lives and protect what matters most. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We're active in more than 150 countries and use our expertise to sustain and enhance the fabric of everyday life. Because we believe every surface is an opportunity. It's what you'd expect from a pioneering and long-established paints company that's dedicated to providing sustainable solutions and preserving the best of what we have today – while creating an even better tomorrow. Let's paint the future together.

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2024 Akzo Nobel N.V. All rights reserved.

• • Preparation of End-to-End Financial Statements of Legal Entity
  • Support in an accurate and timely way the monthly, quarterly, hard-close and year-end-financial closing for the entities in the region
  • Maintain and share with the entities the set-up of the financial reporting – and general ledger structure for both IFRS/IndAS and statutory reporting
  • Support Statutory Audits, Tax audits (Direct/Indirect) and filing compliances
  • Active interaction with other RAC analysts, BU Accounting Manager(s) and GBS about accounting subjects, transaction processing and performance
  • Support BU accounting manager in adhoc specific BU activities

• • Responsible for End-to-End Financial Statements of Multiple Legal Entities and supporting the RAC for finalization of Financial Statements
  • Responsible for monthly, quarterly, hard-close and year-end-financial closing for the entity or entities in the region, in an accurate and timely way, (including Financial Reporting, Fixed Asset Accounting, General Ledger Accounting, Inter Company Accounting, Treasury Accounting, Period Close Activities, Statutory and Tax Reporting)
  • Support consolidation of legal entity statements and local statutory reporting in the region
  • Advise on operational complex and judgement based general accounting (e.g. complex (non-rule based) accruals) and recurring month-end activities
  • Monitor IFRS/IndAS and other compliance with policies and treatments
  • Focus on Balance Sheet and P&L for (group of) LEs (company codes), execute high level review and answer specific expertise questions during month/period and month-end/period closing
  • Review and potentially adjust reports (A-Forms) in HFM
  • Support Statutory Audits, Tax audits (Direct/Indirect) and filing compliances
  • Drive that changes in policies with reference to IFRS/IndAS are reflected and embedded (e.g. training / SOP / policy / communications) in the processes
  • Comply with rules and regulations set by global accounting team
  • Identify opportunities to improve and automate processes and controls and drive continuous improvement
  • Drive standardization across BU/entities s in the region and guards the integrity and quality of the delivered accounting in the specific accounting area
  • Contribute to projects that require IFRS/IndAS expertise and have an impact on accounting (e.g. SAP rollout, integration of legal entities)
  • Operational key link for GBS (e.g. in escalation or advice on transactions)
  • Involve specialists in specific accounting topics where specific / deep knowledge is required
  • Support ACs/specialists in specific accounting and/or tax topics where operational assistance is required
  • Support RAC operations in liaising with local authorities and internal / external auditors
  • Support BU accounting manager in adhoc specific BU activities

• • Accounting professional with preferably 8-10 years of experience in accounting and reporting, and capable of analyzing complex processes and issues (3rd or 4th accounting job)
  • Experience in handling Listed Indian Entity and also worked in Shared Services Setup
  • CA Qualified or Masters Degree in Finance or Accounting
  • Subject matter expert in multiple areas of R2R
  • Expert knowledge in financial accounting (IFRS/IndAS, accounting processes)
  • Expert Knowledge and understanding of Financial / ERP systems, SAP/MFGPRO and consolidation systems like HFM 
  • Good knowledge on the Direct and Indirect tax, GST, tax filings/assessments, reporting to the tax authorities etc
  • Able to plan, coordinate and assign IFRS/IndAS work to analysts (in accordance with operations team lead)
  • Result orientated with a focus on service delivery
  • Advanced user of Microsoft Excel
  • Autonomous in organizing responsibilities and work

Ability to work and delegate work (in accordance with operations team lead) under severe time pressure during month-end closures and continuously retain 'an eye'

At AkzoNobel we are highly committed to ensuring an inclusive and respectful workplace where all employees can be their best self. We strive to embrace diversity in a context of tolerance. Our talent acquisition process plays an integral part in this journey, as setting the foundations for a diverse environment. For this reason we train and educate on the implications of our Unconscious Bias in order for our TA and hiring managers to be mindful of them and take corrective actions when applicable. In our organization, all qualified applicants receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age or disability.

Requisition ID: 48559