Description

<h2>JOB DESCRIPTION:</h2>Fixed Asset Accounting and Control<ul><li>Handle end-to-end fixed asset lifecycle, including acquisitions, capitalization, depreciation, impairment and disposals.</li><li>Conduct Physical verification of Fixed Assets.</li><li>Maintaining Fixed asset registers and reconciling with SAP system</li><li>Capital Expenditure Analysis in coordination with business teams.</li><li>Exercise Control on movement of assets and Accounting.</li><li>Preparation of FAR for Statutory Reporting and establishing reconciliation between India & US books.</li><li>Implementing Management Action Plans to remediate the audit observations, if any.</li></ul>Inventory Accounting & Control:<ul><li>Inventory Movement</li><li>Ensure Physical Verification of Inventory</li><li>Purchase Register – Invoice Reconciliation with FI</li><li>Inventory Reconciliation, Qty Movement & FIFO Valuation for local reporting </li><li>Preparation of Purchase Register at Landed Cost</li><li>Custom Duty, CHA & Freight Reconciliation</li><li>Custom Duty Deferment & Schedule preparation</li><li>Coordination with Customer Service & Distribution Center (Belgium, US & Malaysia)</li></ul>Intercompany Accounting & Review:<ul><li>ICB processing in CORA, accounting of Intercompany Transactions ensuring compliance with local tax laws, company policies</li><li>Raising quarterly ICB of CRM R&D & GDSA divisions, monthly ICB of HK warranty</li><li>Co-ordinate with Affiliates for ICB acceptance, getting compliance documents</li><li>Payout of ICBs Payable (including import transactions), also following up with affiliate for collection of ICBs receivable.</li><li>Ensuring Intercompany balance matches with affiliate balances at each month-end on WD2, addressing differences if any in a timely manner.</li><li>Preparing Intercompany Schedules, review & clean-up of old balances in co-ordination with respective affiliates.</li><li>Identifying scope for Cost recovery of expenses incurred to support corporate teams, execution of ICB agreements, set-up accounting process</li><li>Ensuring annual write-off of Cross charges in SAP for each financial year by April month.</li></ul>Month end Activities & Audit:<ul><li>Support preparation of Notes to Accounts for FA, Inventory & Related Party Reporting.</li><li>Monthly reconciliation of Intercompany Mark-up & correction of differences</li><li>Foreign Currency Revaluation for 0L & N2 (post completion of IC accounting & matching of Intercompany balances)</li><li>Support TB review at Month end & BS Split Project</li><li>Expense Analysis – Preparation of schedules</li><li>Support BS Review & Reconciliation</li><li>Support completion of all audits & assessments.</li></ul>Experience : CA with 7+ years of experience, must have knowledge of SAP ERP, fluent in English and good at Presentation skills.     The base pay for this position is N/AIn specific locations, the pay range may vary from the range posted. <h2>JOB FAMILY:</h2>Treasury     <h2>DIVISION:</h2>IFO International Finance        <h2>LOCATION:</h2>India > Mumbai : BKC Building     <h2>ADDITIONAL LOCATIONS:</h2>     <h2>WORK SHIFT:</h2>Standard     <h2>TRAVEL:</h2>Yes, 15 % of the Time     <h2>MEDICAL SURVEILLANCE:</h2>Not Applicable     <h2>SIGNIFICANT WORK ACTIVITIES:</h2>Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

Manager Finance

Description

Abbott

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