Manager General Acctg, Local Statutory Reporting & General Ledger Job in Bayer

Location: Thane

POSITION PURPOSE:

Responsible for the complete, timely execution of the Accounting Operations in good quality in the area of Local Statutory Reporting (HBI) & General Ledger for Monsanto Holdings Private Limited (MHPL) (including Bangladesh Branch Office) & Monsanto India Investments Private Limited (MIIPL).

Initiate creating and changing request for GL accounts according to defined work procedures.

Perform manual General Ledger postings as defined within the activity split in collaboration with Shared Service Centre.

Analysis of monthly Balance Sheet Accounts.

Monitor Accounts/ posting requests and perform automatic clearing.

Is responsible to do HBI postings and evaluation (perform plausibility checks). This being important activity since on account of local financial year is Apr-Mar and GAAP differences.

Provide accrual & provision tracking for HBI balances as on March for With Holding Tax compliance and reporting.

B. Closing:

Support the overall HBI closing process together with the Shared Service Centre Organization.

Coordinate the overall HBI closing process.

Review the result of different kind of processes from HBI perspective e.g. revenue recognition and follow up with business; Calculate impending losses and perform manual posting.

Responsible for coordinating with Group Actuary & 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 for HBI.

C. Reporting:

Perform actual annual reporting HBI incl. implementation of new regulation/ law, posting, review and reporting.

Prepare quarterly financials for advance tax submission.

Preparation of annual return for submission to Reserve Bank of India.

Perform XBRL (eXtensible Business Reporting Language) reporting (as prescribed by the Local Authority) for HBI financials in specific format.

D. Audit and Control & Others:

Support external & internal audit. Perform 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.

WHO YOU ARE:

• Chartered Accountant qualification with minimum 2-3 year working experience in finance and/or accounting dept. or other similar positions along 1 years HBI experience in Accounting department of manufacturing/ marketing company and excellent knowledge on system settings and internal controls
• Basic knowledge of Bayer Group accounting and reporting requirements
• Sound knowledge of local GAAP and local laws HBI reporting requirements
• Basic knowledge of Subgroup specific related accounting practices
• Strong interpersonal and communications skills
• Good knowledge of MS office and related software
• Experience with SAP is required
• Fluent English in writing and speaking

Perks and Benefits