Senior Accountant

Posted 2 Days Ago
Be an Early Applicant
Industrial Estate, Kharadi, Pune, Maharashtra
Mid level
Biotech
The Role
The Senior Accountant will perform close activities, reconciliations, and reporting tasks while ensuring compliance with SOX and accounting policies. Responsibilities include month-end close, reserves calculation, Flux analysis, intercompany difference resolution, and participation in audits. The role requires process improvement analysis and collaboration with finance leaders.
Summary Generated by Built In

The Opportunity:

This position will assist in performing close activities, balance sheet reconciliations and ad-hoc accounting and reporting tasks. He/she will also ensure that accounting/reporting is performed in line with underlying SOX compliances and global accounting policies.

MAJOR JOB DUTIES AND RESPONSIBILITIES

  • Perform monthly/quarterly/annual close accounting activities, journal entry preparation, account reconciliation, expense trending analyses and memos along with auditable, adequate support for necessary approvals. Report monthly results timely into data mapping tool to help facilitate Avantor consolidated results. This includes Assisting Financial Reporting and Consolidation with month end close processes & data requirements.
  • Activities may include but is not limited to reserves calculation (DFS, E&O, LIFO, Credit Memo, Bad Debt Reserves, etc.), accruals and prepayments, payroll, rebates calculation (Vendor & Customer), FX revaluation etc.
  • Perform monthly/quarterly/annual Flux analysis, info-pack preparation, tax package preparation, Blackline reconciliations
  • Analysis and resolution of intercompany differences between trading partners.
  • Keep process documentation up to date
  • Controllership responsibilities to build and support Avantor’s control environment.
  • Be an effective corporate accounting business partner to finance leaders by fostering relationships and developing an understanding of the financial processes, inter-department data, reporting requirements, current activities and special projects. Concisely and accurately communicates this gained knowledge back to the Controller’s Group.
  • Assist with quarterly external audit process and internal audit process.
  • Continuously analyzes ongoing processes within areas of responsibility to identify and implement process improvements to make the close process more efficient, data more easily accessible by the business, and enhance the data integrity of the financial position of the company and its related business units.
  • Performs ad-hoc analyses and requests, including special projects (financial and economic in nature). And other duties as assigned
  • Well equipped with accounting concepts

QUALIFICATIONS

  • Commerce Graduate/Postgraduate/CA Intermediate with 3-6 years of rich experience in Record to Report with demonstrated ability in Technical Accounting like Lease Accounting, Revenue Recognition, Corporate Accounting in Third party or Captive environment.
  • Ability to work effectively with associates across multiple functions and regions
  • Experience creating processes and improving / simplifying process
  • Proficiency in Microsoft Office and ERP/financial systems. Experience with SAP/Hyperion preferred
  • Superior analytical and quantitative skills; ability to analyze complex processes/issues and drive simple outcomes
  • Strong collaboration and influencing skills
  • Strong verbal and written communication skills

KNOWLEDGE, SKILLS, AND ABILITIES

  • An understanding of Generally Accepted Accounting Principles (U.S. GAAP, IFRS) and corporate accounting policies and procedures is necessary. This is generally acquired through education process, with practical application gained through work experience.
  • This position also requires knowledge of Sarbanes-Oxley (SOX) compliance legislation and the ability to develop and apply what is required from SOX guidelines. This is generally acquired through training sessions and practical application gained through work experience. 
  • This position requires the ability to compile, complete and analyze financial data / statements, including, but not limited to, Profit and Loss Statement, Balance Sheet and Cash Flow statements is a necessity. Again, this is typically acquired through education, with practical application through work experience.
  • 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

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.

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

Top Skills

Accounting
Gaap
Ifrs
Sox Compliance
The Company
HQ: Radnor Township, PA
9,968 Employees
On-site Workplace
Year Founded: 1904

What We Do

Avantor®, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries.

Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve.

Our global footprint enables us to serve more than 225,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world.

More than 13,500 strong, our associates are passionate about our mission to set science in motion to create a better world. We share enthusiasm for innovation, excellence, and achievement. Whether we are collaborating with our customers to advance science or solve multifaceted problems, we help them reach their goals more efficiently and effectively.

Visit our website to learn more about Avantor.


From FORTUNE. © 2021 FORTUNE Media IP Limited All rights reserved. Used under license. FORTUNE is a registered trademark of FORTUNE Media IP Limited and is used under license. FORTUNE and FORTUNE Media IP Limited are not affiliated with and do not endorse products or services of, Avantor.

Similar Jobs

Industrial Estate, Kharadi, Pune, Maharashtra, IND
9968 Employees

Russell Investments Logo Russell Investments

Senior Accountant I

Software • Financial Services
Mumbai, Maharashtra, IND
1951 Employees
2 Locations
86 Employees
Mumbai, Maharashtra, IND
3758 Employees

Similar Companies Hiring

Pfizer Thumbnail
Pharmaceutical • Natural Language Processing • Machine Learning • Healthtech • Biotech • Artificial Intelligence
New York, NY
121990 Employees
Takeda Thumbnail
Software • Pharmaceutical • Manufacturing • Healthtech • Biotech • Analytics
Cambridge, MA
50000 Employees
Asimov Thumbnail
Machine Learning • Design • Biotech • Artificial Intelligence
Boston, MA
95 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account