Senior Specialist FMR

6 days ago

Chennai, Tamil Nadu, India Mindsprint Full time ₹ 1,04,000 - ₹ 1,30,878 per year

Position : Sr. Specialist

Location : Chennai, India

Reporting to : Manager

Job Summary:

The Specialist FMR (RTR) is responsible for a collection of processes between recording financial transactions and the publication of financial reports. The candidate should be a Commerce Graduate/ MBA with 4-6 years of experience in manufacturing/FMCG company in Finance and Accounts domain. S/he is responsible of providing both strategic, financial, and operational feedback on business performance as well as financial statements that are compliant with local accounting standards. Responsibilities include posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, preparing cash forecasting statements, supporting month end closing, preparing various reports as required and supporting audits.

Job Description:

Responsible for monthly book closure, preparation and posting of Journal entries, financial reporting, and reconciliations. Application of the entity's accounting policies to each non-routine event or transaction is independently reviewed for appropriateness and ensures any exceptions are highlighted to business on an immediate basis Unusual items and exceptions are investigated and properly resolved / recorded in the general ledger in the appropriate accounting period

Managing the Financial and Management Reporting (RTR) processes and ensuring the service level agreements are met as per the timeline and accuracy

Overall responsibilities include:

  • Inventory accounting (movements and reconciliation with physical stock)
  • Mark-to-Market / Fair Value accounting
  • Month-end processing (period close)
  • Trial balance, PNL and balance sheet review
  • Management Reporting
  • Inter-company reconciliations
  • Account reconciliations (GL to sub-ledger)
  • Budgeting and Forecasting

Profile Description:

  • Commerce Graduate/MBA with 4 to 6 years of experience in Finance and Accounts domain from a FMCG / Manufacturing environment
  • Experience in setting up Validation Checklists for all processes and ensure to review on a continuous basis for completeness and accuracy
  • Experience in independently reviewing, validating, authorising journal entries and ensure those are recorded in the appropriate accounting period
  • Prior experience in preparing plant costing reports, Inventory Reporting, COML run, MUV (Materials Usage Variance)/PPV (Purchase Price Variance) absorption costing, standard costing etc.
  • Should have excellent knowledge in fixed assets accounting and fair knowledge about Bill of Material creation, production/work order settlement etc.
  • Excellent understanding of Generally Accepted Accounting Principles (GAAP)
  • Working knowledge of SAP / Oracle and SAP BPC / BO / BI would be an added advantage

    Strong domain expertise, analytical skills and logical reasoning with good leadership capabilities with the ability to handle pressure and work in an environment of strict deadlines
  • Willingness to work in different time zones and willingness to travel (short informed trips) based on the business needs.

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