Subject Matter Expert - Corporate Finance

Posted 11 Days Ago
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Coimbatore, Tamil Nadu, IND
In-Office
Senior level
Biotech
The Role
The Subject Matter Expert in Corporate Finance will analyze financial data, ensure compliance with standards, and support financial operations including reporting and auditing.
Summary Generated by Built In
The Opportunity:
Implements operational goals supporting financial operations, focusing on providing detailed financial reports, including projections for profits and losses. Analyzes and evaluates key financial data to ensure accuracy, addresses recurring accounting issues, and provides solutions based on established procedures. Contributes to implementing new accounting processes and standards and manages smaller projects within the accounting department. Investigates and reports on accounting irregularities, communicating findings to relevant stakeholders.

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. He/ She will also cater to STAT reporting/external audit & tax compliance

WHAT WE'RE LOOKING FOR:

  • 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.
  • Statutory accounts preparation in accordance with Local GAAP including mapping and bridge calculation, reconciliation to US GAAP accounts and notes to the financial statements. These financials need to be filed within agreed time frame.
  • Extend all support to auditor in the smooth conduct of the audit and resolve the queries.
  • Company Tax return and true-up posting and communication to Corporate Tax
  • OneSource quarterly tax upload file preparation
  • Working experience in Goods and service tax.
  • Analysis and resolution of intercompany differences between trading partners.
  • SOX Compliance – Ensure that all relevant controls are operating effectively with no deficiency, assist internal audit team with support and audit.
  • 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.
  • 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
  • Collaborate with FP&A Finance colleagues to analyse expense trends and current operational events that would impact current accruals and expense estimates.
  • Well equipped with accounting concepts

EXPERIENCE:

 6-8 years’ experience in what Record to Report with demonstrated ability in Technical Accounting like Lease Accounting, Revenue Recognition, Corporate Accounting in Third party or Captive environment.

THOSE NECESSARY TO PERFORM THE JOB COMPETENTLY:

  • 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.
  • This position will require working experience in handling Goods and service tax.
  • This position will require experience in handling Statutory audits/Internal audits
  • 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.

PREFERRED QUALIFICATIONS:

Graduate/Postgraduate in Commerce with 6-8 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.

HOW YOU WILL THRIVE AND CREATE AN IMPACT:

Focus on financial planning and analysis to anticipate risks earlier and guide executive decision-making on margins, costs, and cash flow.

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.

Privacy Policy:

We will use the personal information that you have submitted to us in order to consider your application for the relevant role.
 

Your privacy is important to us. Please click here for our Privacy Policy which explains the purposes for which we will use your personal information and the ways in which we will handle and retain your information. It also explains the rights you have in relation to your information, and how to contact us with any queries or requests.

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

Skills Required

  • 6-8 years of experience in Record to Report
  • Demonstrated ability in Technical Accounting like Lease Accounting, Revenue Recognition, and Corporate Accounting
  • Understanding of U.S. GAAP and IFRS
  • Knowledge of SOX compliance
  • Experience in handling Goods and Service tax
  • Experience in Statutory audits/Internal audits
  • Excellent communication and analytical skills

Avantor Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Avantor and has not been reviewed or approved by Avantor.

  • Healthcare Strength Core medical coverage, wellness resources, and an Employee Assistance Program are characterized as solid, with insurance often seen as competitive. Day-one eligibility in some roles and localized wellness programs for associates and families reinforce perceived healthcare value.
  • Retirement Support The 401(k) program provides a company match with immediate vesting and a range of investment options, standing out as a strong savings feature. An employee stock purchase plan and profit-sharing elements further bolster long-term financial benefits.
  • Parental & Family Support Enhanced family-building benefits include paid parental leave, fertility/IVF support, and expanded gender-affirming coverage. These inclusive policies provide meaningful support for caregivers and families.

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The Company
HQ: Radnor Township, PA
9,968 Employees
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.

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