Process Executive - RTR

City : Mohali State : Punjab (IN-PB)
Country : India (IN)
Requisition Number : 43354

JOB DESCRIPTION

DRAFDRT
Business Title: Process Executive -RTR Effective Date: -01-Dec-2023 Global Job Title: Process Executive Reports to (position): Senior Manager - RTR
Global Function: RTR Global Department: Finance
Job Level - 11 Role Purpose Statement The RTR Team is accountable for all the Accounting & Reporting related activities (General Ledger, Journal Entries, Fixed Assets, Bank/Balance sheet Reconciliation & Intercompany), Local & Global financial reporting, Month end close reporting including Master data management for smooth delivery of a business services. Key Responsibilities
Perform month end close financial close activities within a defined timeline.

Perform monthly revenue de-recognition process and record the appropriate transactions.

Manage lease accounting and month end subledger (Nakisa) reconciliation with General ledger.

Responsible for posting of Manual Journal Entries (JEs) in system post approval from local country team.

Analyze and post monthly expense accruals/amortization JEs.

Run currency revaluation and update exchange rates, as and when required.

Responsible for various Cost & PCA allocations including under/over recovery analysis.

Maintain end to end Fixed Asset (FA) register including CIP tracking and foot notes reporting at month end.

Process Fixed Assets additions, transfers & disposal requests and monitoring the accounting accuracy.

Reconciliations of Bank / Balance sheet Accounts as per the timelines governed by policy.

Complying with Sarbanes Oxley Standards & implement the process improvements whenever required.

Prepare journal entries related to readily marketable inventory (Mark to Market) including quarterly RMI Footnote.

Prepare and reconcile monthly/quarterly financial foot notes/schedules required as per SEC.

Prepare and submit the quarterly fair value and SFAS forms including BS, PL and volume reporting.

Ensure the internal finance controls, procedures in place and in compliance with company policies.

Preparing and updating process documentation and to keep up to date all the time.

Liaising with auditors (Internal and external) and responding to their queries

Responsible for preparing & submitting the local statistical Reporting (National bank Reporting, Proper taxes return, Inventory reports) for local compliances.

Responsible for managing RTR KPI Targets as per the defined SLAs.

Identify & implement process improvements to generate process efficiency.

Essential:
2 - 3 years of work experience in a similar role

Experience in Agribusiness/Commodity trading industry preferred. 

Minimum Education Qualification – CA/MBA Finance with experience. 

Good knowledge of accounting concepts and procedures related to General Ledger, Mark to Market, Options, Futures, Intercompany and Fixed Assets Accounting & Reporting activities.

Ability to provide high quality level of customer service and manage delivery independently.

Strong communication & Interpersonal skills to work effectively with internal/external teams across the Globe.

Strong problem solving & organization skills.

Experience in managing people and processes through a sustained period of change.

Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

Experience in ERP/ Accounting systems (SAP) and Reporting tool (One Stream) will be added advantage.

Act as strong Team Player

Knowledge of Europe languages will be added advantage.

Distinct Advantage
Working experience in a similar Shared Services Centre setup a distinct advantage

Prior experience in managing high transaction volumes, with good knowledge of associated controls and procedures.

Experience in SAP, workflow tools and document imaging systems

Flexibility to work in different time zones

Collaborative, Respectful, Inclusive
Agile, Empowered, Innovative
Safety, Sustainability, With Integrity