Hiring for Manager General Accounting in Thane, for Exp. 2 - 3 yrs at Bayer CropScience Ltd..

  • Esteemed client of Orion TrueTech Services India
  • Thane, Maharashtra, India
  • May 17, 2018
Full time Accounting, Administration & H.R Jobs

Job Description

Job Description:Major roles and responsibilities: A. General Ledger: Initiate creating and changing request for GL accounts according to defined work procedures. Perform manual General Ledger posting for special cases as defined within the activity split. Support the increase of standard cases and involve business into the defined workflows. Support the reduction of postings as long as in line with Bayer AG group reporting guideline. Monitoring of Accounts which are in responsibility of the country. Monitor Accounts/ accrual requests and perform automatic clearing. Is responsible to do local GAAP postings and evaluation (perform plausibility checks). This being important activity since on account of local financial year is Apr-Mar and significant GAAP differences. Provide accrual &amp amp amp provision tracking for balances as on March for With Holding Tax compliance and reporting. B. Closing: Support the overall closing process together with the Share Service Shared Service Center Delivery Network (SSCDN). Coordinate the overall closing process. Review the result of different kind of processes from local GAAP perspective e.g. revenue recognition and follow up with business Calculate impending losses and perform manual posting. Responsible for coordinating with Group Actuary &amp amp amp HR Department for valuation of Long Term Employee Benefit provision 2 times in a year, accounting thereof on monthly basis and getting the same audited from Statutory Auditors. C. Reporting: Perform actual annual local statutory reporting incl. implementation of new regulation/ law, posting, review and reporting. Prepare additional 4 times local statutory financials for Advance Tax. Prepare Contract Register as required under The Companies Act for all Related Party Transactions with Bayer Group Companies. Perform XBRL (eXtensible Business Reporting Language) reporting (as prescribed by the Local Authority) for local statutory financials in specific format. D. Audit and Control &amp amp amp Others: Support external &amp amp amp internal audit. Perform Internal Control System (ICS) controls in his/her own area of expertise and responsibility. Specialized ad hoc support and project support specific to own area of expertise. Arranging ad-hoc Certification related to financials of the Company from Qualified Chartered Accountant/ Statutory Auditor.