ROLE DESCRIPTION The Accounting & Reporting SME (NA region) is responsible for month-close accounting and reporting, Balance Sheet Account Reconciliations, TB analysis, flux analysis etc.. This position is responsible for the financial integrity and reliability of account balance in SAP. The candidate will interact with Local Finance, Business Controllers, Business Analysts, and other support networks. This position also expected to carry review activities performed by the junior level staff in addition to their deliverable. This position will require an end-user exposure of SAP FI module and Consolidated reporting tool and understanding.
RESPONSIBILITIES
Journal Entry & Reconciliation
- Understand & Guide teams on the purpose of accounting entries and necessary fields required for completing the process.
- Apply accounting policies, procedures and understand the impact of postings in SAP.
- Ensure appropriate approvals are obtained before recording the entry as per SOX and company policy.
- Complete various journal postings within TAT and address audit queries in detail.
- Maintain high quality of postings and prepare monthly dashboard portraying metrics.
- Review (or) Perform Balance account reconciliations (like, Accrued Liabilities, AR & AP, Equity, Deposits, Investments etc.) in compliance with Global accounts reconciliation policy.
- Identify open transactions and follow-up with appropriate teams to fix them + Escalate as and when needed.
- Prepare quarterly balance sheet Flux-Analysis.
- Business continuity plan - Training and Support.
Month-End Closing & Reporting
- Create / change of master data for cost centers, cost center cycles, CO-PA cycles & related assessment cycles as per the request from businesses & support functions.
- To perform end to end Month-end closing activities like Cost center cycle run, re-evaluate the books of accounts, movement of financial data to special purpose ledger
- Create cost center reports (plan v/s actual) for various functions and businesses.
- Prepare the MIS on a monthly basis for each country eg: Variance analysis, Financial performance of company
- Prepare monthly Trend analysis/ Flux analysis reports/ Cash flow reports for 10K/10Q filing.
- Ensure compliance with cost center related policies, procedures and processes.
- Ensure financial integrity for Manufacturing Overhead, selling, administration, R&D, management and related P&L cost, and balance sheet data.
- Maintains general ledgers and performs the complete accounting cycle (close, re-open periods etc,.) in compliance with established practices per US GAAP.
- Execute all monthly SAP closing activities for multiple plant sites within each supported business.
- Generate, validate and analyze various reports like Trial Balance, Tri-Column report, Cash flow statement, Balance sheet report etc., Any other report as requested by business.
- Complete special projects as assigned by management.
- Share complete set of financial report package to client on post closure and finalization of books for each period.
Customers / Stakeholders
- Ensure support is provided as per requirement from onshore counterparts related to Record to Report process.
- Attend all business calls and meetings and drive issue resolution as required.
- Provides management and financial statement users with relevant, comparable, and accurate data on which to base decisions. Analyzes data and translates into meaningful information.
- Serve as a resource for Business Controllers, Business Analysts, Plant Accountants, Corporate Accounting, Tax, and Treasury with SARM & Manufacturing overhead costing related issues, questions and inquiries
Operational Effectiveness & Control
- Ensure proactive controls in place to highlight issues before they are picked up by business.
- Adheres to DuPont Internal control policies and procedures, including established SOX compliance processes.
- Develop an in-depth knowledge of business processes to cater R2R services. In addition to standard closing responsibilities, this includes Misc. billings, accruals and account reconciliations, as well as process improvement activities.
Principal Accountabilities: Key activities
- Ensure 100% KCA delivery.
- Ensure process documentation like SOP & RACI are completed for all the activities.
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EDUCATION AND EXPERIENCE - MBA or Semi Qualified CMA or CA or CPA with minimum 4 to 6 years of experience or Qualified CMA or CA or CPA with minimum 2 to 3 years of experience.
- Ability to develop effective working relationships with business partners/customers
- An excellent attention to detail.
- Very good working knowledge of Microsoft Office is essential & PPTs.
- Power query & Power BI skillset will be an added advantage.
- Is expected to have good technical understanding of accounting principles and demonstrate competence in their application.
SKILL REQUIREMENTS - Commitment to the Qnity Core Values: Customers, Innovation, Speed, People.
- Candidates must have strong client engagement skills and possess very strong interpersonal skills to deal effectively with the varying tasks and demands in this role.
- Strong communication and presentation skills, embraces and adapts to change, flexible and has a positive attitude.
- Able to work with cross function teams
- Analytical skills are required to interpret data and develop savings/improvement opportunities.
- Candidates must possess strong computer (Word, Excel, Power point, Lotus Notes) capability.
- Candidates must possess the ability to listen as well as communicate information in a clear, courteous, concise and logical manner.
- Ready to Work any Shift.
KEY COMPETENCIES - Communicating with Impact - Expressing thoughts, feelings, and ideas in a clear, succinct, and compelling manner in both individual and group situations; adjusting language to capture the attention of the audience.
- Analysis and Judgment - Identifying and understanding issues, problems, and opportunities; comparing data from different sources to draw conclusions; using effective approaches for choosing a course of action or developing appropriate solutions; taking action that is consistent with available facts, constraints, and probable consequences.
KEY SKILLS FUNCTIONAL COMPETENCIES (Mandatory) - Accounting & Reporting Expertise - Strong analytical & accounting understanding. Attention to details and issue resolver.
- SAP Closing & Reporting Expertise - Must ve SAP expertise - FI/CO and able to fix any closing errors as well hands on to extract various tables & reports from SAP. Apply the data link logics for various outputs.
