General Ledger Management: Manage daily GL postings, review journal entries, ensure accurate transaction classification, and reconcile general ledger balances with subsidiary ledgers. Finalize daily accounting entries through the ERP system.
Financial Reporting & Analysis: Prepare and finalize balance sheets, profit and loss statements, inventory valuations, and other financial reports in line with accounting standards and company policies. Analyze financial data to identify trends, variances, and improvement opportunities.
Month-End & Year-End Closing: Coordinate timely month-end and year-end closing activities, including required adjustments, trial balance preparation, monthly MIS, and management reporting.
Audit & Compliance: Support internal and external audits by preparing statutory financial statements, annexures, and notes to accounts. Ensure compliance with accounting standards, GST, TDS, and other statutory requirements while staying current with regulatory changes.
Process Improvement: Identify and implement process improvements, automation, and digitization initiatives to strengthen the efficiency and effectiveness of financial reporting and consolidation.
Cross-Functional Collaboration: Partner with Business Finance, Accounts Payable, Accounts Receivable, Supply Chain, and other teams to resolve discrepancies and maintain financial data accuracy.
ERP & Systems: Use ERP platforms such as SAP, Oracle, or ERP-LN and accounting applications to manage daily operations and advance finance automation and digital transformation.
Additional Responsibilities: Manage fixed asset accounting, including depreciation and impairment testing; support special projects and ad hoc reporting; and maintain accurate documentation for audits and tax assessments.
#LI-IHK
Skills Required
- General ledger management, journal entries, account reconciliations, and transaction classification
- Preparation of balance sheets, profit and loss statements, inventory valuations, and financial reports
- Month-end and year-end closing, trial balance preparation, and management reporting
- Audit support and preparation of statutory financial statements, annexures, and notes to accounts
- Knowledge of accounting standards, GST, TDS, and statutory compliance requirements
- Experience using ERP platforms such as SAP, Oracle, or ERP-LN
- Fixed asset accounting, depreciation, and impairment testing
- Process improvement, automation, and financial reporting digitization
What We Do
Founded in 1922, SOCOMEC is an independent industrial group with a workforce of 4200 experts spread over 30 subsidiaries in the world. Our core business: the availability, control and safety of low voltage electrical networks serving our customers’ power performance. In 2023, SOCOMEC posted a turnover of 843M€.
