Subject Matter Expert - Corporate Finance
Avantor · Coimbatore, Tamil Nadu, India
Full-time · Senior · Posted 12 days ago
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 task for Dubai and South Africa Region. 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 Statutory
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 recruiting@avantorsciences.com 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
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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 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. One of our greatest strengths comes from
having a global infrastructure that is strategically located to support the
needs of our customers. 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.