Financial Accountant (Assistant Manager)
Description
The Role: Financial Accountant (Assistant Manager) - Support the day-to-day financial activities of the assigned entities; control its financial resources and ensure that all financial transactions, systems and procedures comply with regulations, accounting principles, and standards. Support the month end closing processes to achieve accurate and timely reporting. The successful candidate will be an enthusiastic and highly motivated professional capable of working in a fast paced environment while collaborating with various business stakeholders in administering the day-to-day operation of Xylem’s Global Finance program.
Essential Duties/Principal Responsibilities:
- Manage the day-to-day accounting of business transactions for all the Region Business
- Maintain the balance sheet hygiene including sub-ledger accounts of all the entities through periodic audit
Schedules - Drive the timely closing of the books of account for all the units with highest level of accuracy and compliance with the applicable Xylem accounting policies Xylem calendar issued by the corporate team is the guide for this
- Support in statutory and internal audit
- Design the closing checklist and process, in close coordination with Finance manager
- Be part of a best-in-class financial reporting process in Region Region by supporting all the digitization /
simplification efforts in daily operations - Learn and master the reporting tool (One Stream) from the best-practices in the other sub-regions including
India (required level of training to be provided) - Maintain fixed assets register and inventory reconciliations as per Xylem framework, and SOX process
Good knowledge of the IFRS and/US GAAP on revenue recognition, lease accounting, etc. - Support Finance Manager in Adhoc requirements
- Work towards exceeding the KPIs for month end closing and financial reporting
- Clean account reconciliations (audit schedules) every month
- Compliance with SOX procedure documentation and controls, with minimum audit findings
- Adherence to the SOD, delegation of authority and all relevant company policies
- Keep an eye for continuous improvement on all processes and implement Kaizen projects
Minimum Qualifications: Education, Experience, Skills, Abilities, License/Certification:
Only CA/CWA with sharp accounting skills
3-5 years of relevant work experience in mid-size organization handling accounting, audit and reporting
Experience in MNC on HQ reporting
Fluent in English
SAP Knowledge is must
Good knowledge in MS-Excel, writing emails in corporate environment