Analyst FMR
- Mindsprint
- 2 - 5 years
- Chennai
- 5 months ago
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Job Description
Position: Analyst - FMR
Location: Chennai
Reporting to: Deputy Manager/ Manager - FMRJob Summary:
The Analyst FMR (RTR) is responsible for a collection of processes between recording financial transactions and the publication of financial reports. S/he is responsible for 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 entitys 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.
- Investigating unusual items and exceptions and properly resolve / record 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 ForecastingProfile Description:
- Commerce Graduate/MBA with 2 to 4 years of experience in Finance and Accounts domain from a FMCG / Manufacturing environment
- Experience in setting up Validation Checklists for all processes and ensure review on a continuous basis for completeness and accuracy
- Experience in independently reviewing, validating, authorizing journal entries and ensuring 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.
- Must 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.We are Mindsprint!A leading-edge technology and business services firm that provides impact driven solutions to businesses, enabling them outpace speed of change. For over three decades we have been accelerating technology transformation for the Olam Group and their large base of global clients.Working with leading technologies and empowered with the freedom to create new solutions and better existing ones, we have been inspiring businesses with pioneering initiatives.Awards bagged in the recent years:
- Best Shared Services in India Award by Shared Services Forum 2019
- Asias No.1 Shared Services in Process Improvement and Value Creation by Shared Services and Outsourcing Network Forum 2019
- International Innovation Award for Best Services and Solutions 2019
- Kincentric Best Employer India 2020
- Creative Talent Management Impact Award SSON Impact Awards 2021
- The Economic Times Best Workplaces for Women 2021 & 2022
- #SSFExcellenceAward for Delivering Business Impact through Innovative People Practices 2022
For more info: https://www.mindsprint.org/ Follow us in LinkedIn: Mindsprint
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Finance & AccountingRole Category: FinanceRole: Finance ExecutiveEmployement Type: Full timeContact Details:
Company: MindsprintLocation(s): Chennai
Keyskills: Month End Closing RTR Record To Report Balance Sheet Reconciliation General Ledger R2R Intercompany Reconciliation Journal Entries
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