Sandvik Coromant
metalworking
FinancialReportingProfessional
Neural analysis suggests this role is
optimal for Mid candidates.
“Financial Reporting Professional at Sandvik Coromant. Skills: Financial reporting, audits, MIS, Budget preparation, Cost allocations, statutory compliances, Insurance. Review various journal entries, monthly trial balances and month closing working schedules- Accrual, prepaid and fixed assets. Responsible for preparation of financial statements, Variance analysis and GL scrutiny”
Industry & Context.
What They're Looking For.
Must Have
Chartered Accountant with min 2 - 3 years or Professional degree MBA in Finance with min 3 to 4 years of relevant work experience, Knowledge of finance and accounting practices, financial analysis and reporting, ability to apply this knowledge appropriately in diverse situations and changes in business requirement, Exposure to IND AS, General accounting, reconciliations, GL Scrutiny, Exposure of handling stakeholders’ requirements and basic proven experience in handling audit queries and communication with stakeholders, Sound understanding of MS office tools - MS Excel, PowerPoint and Word, Fluent in English, both verbal and written
Nice to Have
preferably in MNC (Manufacturing domain would be an asset), Knowledge of taxation, GST and SAP (S4 Hana) would be added advantage
What You'll Do.
Review various journal entries
monthly trial balances and month closing working schedules- Accrual
prepaid and fixed assets
Responsible for preparation of financial statements
Variance analysis and GL scrutiny
Prepare and review monthly working files for invoicing Group companies and review of cost centers for data analytics and cost control
Support tax function with accounting entries
budget analysis and reconciliations
Trial balance and business analytics for Transfer pricing working and documentation
Analysis for FAR and Capital-work-in progress
Support all audits - (statutory
internal and cost) and preparation of statutory financial statements and monthly management MIS
Cost allocation cycles and analysis
Co-ordinate with Insurance agents for policy renewal and tracking of insurance claims status
Support Group risk team regarding timely submission of details for insurance and related queries
Ensure statutory compliances updation and timely submission of data to external/Govt authorities
Responsible for supporting BA and Finance in GA process and support the business in maintaining master data
Support in monthly meetings with finance and non-finance stakeholders
for key updates to understand the changes in business and reporting requirements
How You'll Work.
Team & Collaboration
Team collaboration; Support to internal finance teams for various reconciliations; Support tax function with accounting entries, budget analysis and reconciliations, Trial balance and business analytics for Transfer pricing working and documentation; Support all audits - (statutory, internal and cost) and preparation of statutory financial statements and monthly management MIS; Support Group risk team regarding timely submission of details for insurance and related queries; Responsible for supporting BA and Finance in GA process and support the business in maintaining master data; Support in monthly meetings with finance and non-finance stakeholders, for key updates to understand the changes in business and reporting requirements
Communication Scope
Effective communication skills; Fluent in English, both verbal and written; communication with stakeholders
Full Job Description
**Job Title:** Financial Reporting Professional **No. of Vacancies:** 1 **Job ID:** **Location:** Pune **Full time /Part Time:** Full time **Regular /Temporary:** Regular **Reporting to:** Head - Financial Reporting, Corporate Insurance **About Sandvik Coromant:** Sandvik Coromant is the world’s leading supplier of tools, tooling solutions, and know-how to the metalworking industry. With extensive investments in research and development, we create unique innovations and set new productivity standards in collaboration with our customers. Our solutions serve major industries such as automotive, aerospace, and energy. We have 8,000 employees and a global presence in 130 countries. Sandvik Coromant is part of the Sandvik Machining Solutions business area within the Sandvik Group. **Overview of the Role:** Financial reporting and audits, MIS and Budget preparation, Cost allocations, support to internal finance teams for various reconciliations, statutory compliances and Insurance **Responsibilities:** * Review various journal entries, monthly trial balances and month closing working schedules- Accrual, prepaid and fixed assets * Responsible for preparation of financial statements, Variance analysis and GL scrutiny * Prepare and review monthly working files for invoicing Group companies and review of cost centers for data analytics and cost control * Support tax function with accounting entries, budget analysis and reconciliations, Trial balance and business analytics for Transfer pricing working and documentation * Analysis for FAR and Capital-work-in progress * Support all audits - (statutory, internal and cost) and preparation of statutory financial statements and monthly management MIS * Cost allocation cycles and analysis * Co-ordinate with Insurance agents for policy renewal and tracking of insurance claims status * Support Group risk team regarding timely submission of details for insurance and related queries * Ensure statutory compliances updation and timely subm
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