- Location
- IND-Pune, India
- Type
- Full-time
- Department
- Finance
- Education
- Master
- Source
- Workday
Description
The Opportunity:
Accountant (Record to Report)
MAJOR JOB DUTIES AND RESPONSIBILITIES
- Perform monthly, quarterly, and annual financial close activities including journal entry preparation, account reconciliations, accruals, prepayments, and financial statement reviews with adequate supporting documentation.
- Prepare and report timely monthly financial results through reporting and consolidation tools to support Avantor's global consolidation and external reporting requirements.
- Manage statutory and management reporting requirements under US GAAP and local GAAP (HGB), including analysis of accounting differences and preparation of supporting documentation.
- Prepare and review balance sheet reconciliations in Blackline, ensuring timely resolution of outstanding reconciling items.
- Perform monthly P&L and Balance Sheet flux analysis, identify key business drivers, investigate variances, and communicate findings to management.
- Calculate and record accounting estimates and reserves including bad debt reserves, inventory reserves, sales cut, accruals, rebates, credit notes, E&O reserves, and foreign exchange revaluation adjustments.
- Support lease accounting activities, fixed asset accounting, depreciation and amortization accounting, and other complex accounting areas as applicable.
- Prepare quarterly tax reporting packages and support direct and indirect tax related information requests from tax advisors and internal stakeholders.
- Analyze and resolve intercompany transactions and reconciliation differences with global counterparts to ensure accurate and timely reporting.
- Coordinate with shared service teams, FP&A, Tax, Treasury, and Business Finance teams to ensure completeness and accuracy of financial reporting.
- Support external, internal, Tax audits by preparing audit schedules, responding to auditor queries, providing supporting documentation, and driving timely closure of audit requests.
- Ensure compliance with Sarbanes-Oxley (SOX) controls and Avantor accounting policies while maintaining a strong internal control environment.
- Prepare and maintain accounting process documentation, SOPs, control narratives, and desk procedures.
- Participate in ERP, reporting tool, and process improvement initiatives aimed at enhancing efficiency, automation, and data quality.
- Collaborate with business leaders and finance stakeholders by providing accounting guidance, financial insights, and support on special projects and strategic initiatives.
- Support due diligence, legal entity restructuring, acquisition integration, and other controllership-related projects, as required.
- Perform ad-hoc financial analyses, management reporting requests, corporate requests and other duties as assigned
Preferred Additional Experience
- Experience with German legal entities and HGB reporting.
- Exposure to manufacturing accounting, inventory accounting, cost accounting, and valuation reserves.
- Prior experience managing audit requests from Big 4 firms and coordinating cross-border finance activities.
- Preparation of Statutory Financial Statements
QUALIFICATIONS (Education, Experience & Certifications)
- Commerce Graduate/Postgraduate/CA Intermediate/ MBA Finance with 4-7 years of rich experience in Record to Report with demonstrated ability in Technical Accounting
- Commerce Graduate/Postgraduate, MBA (Finance), CA Intermediate or equivalent qualification.
- 2-3 years of progressive experience in Record-to-Report (R2R), Financial Accounting, General Ledger, or Controllership functions within a multinational environment.
- Experience supporting US GAAP and local statutory reporting requirements.
- Experience working in a shared services, captive center, or multinational corporate accounting environment preferred.
- Experience with external audits and SOX compliance.
- Exposure to BlackLine, SAP, or similar reporting/consolidation systems preferred.
- Advanced Microsoft Excel skills required.
KNOWLEDGE, SKILLS & ABILITIES
- Strong understanding of US GAAP, IFRS, and local statutory accounting principles.
- Strong knowledge of month-end close, account reconciliations, financial reporting, and balance sheet management.
- Experience with SOX compliance, internal controls, and audit requirements.
- Ability to analyze complex accounting transactions and provide practical accounting solutions.
- Strong analytical and problem-solving capabilities with attention to detail.
- Ability to work independently and manage multiple priorities in a deadline-driven environment.
- Excellent communication skills, both oral and written are essential due to the degree of documentation and interaction with various departments, business leaders and internal and external auditors.
- Associate will need to develop strong analytical skills and will need to be well organized, able to coordinate, prioritize, handle multiple tasks and show initiative and desire to learn.
- Proven ability to collaborate with stakeholders across Finance, Tax, Treasury, FP&A, and external auditors.
- Continuous improvement mindset with demonstrated success in process optimization and automation initiatives.
- Ability to manage multiple priorities and work effectively under tight reporting deadlines.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job assigned to this job.
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.
Why Avantor?
Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science.
The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.
We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today!
EEO Statement:
We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at [email protected] and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.
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3rd party non-solicitation policy:
By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation