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Specialist / Senior Specialist - Finance

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Colgate-Palmolive

13d ago

  • Job
    Full-time
    Mid Level
  • Mumbai

AI generated summary

  • You must be a Chartered Accountant with 4+ years in statutory accounting, strong in Ind AS and SAP ERP, plus excellent communication skills and solid MS Office knowledge.
  • You will manage financial accounts, ensure compliance with Ind AS, handle audits, prepare financials, present reports, and drive efficiency in processes while mentoring your team.

Requirements

  • Chartered Accountant with 4+ years’ of proven experience in statutory accounting/closing.
  • Proven understanding of Ind AS.
  • Proven understanding of SAP ERP is a must.
  • Excellent written and verbal communication skills.
  • Solid understanding of MS Office.

Responsibilities

  • Having experience of managing and books of accounts in compliance with Ind AS (IGAAP) and being able to handle complexities of business transactions and collaborating closely with auditors and other teams.
  • Perform the entire range of activities pertaining to closing books of statutory books and management accounts.
  • The periodic closing of the statutory books for the listed entity in accordance with the period end schedule.
  • Preparing financials and cashflow as a part of books of accounts of a listed company.
  • Prepare and present Board deck to Finance director and CEO of CPIL listed company; ensure accuracy of data going into audit report, annual report and for other statutory compliances.
  • Review GL analysis, open item clearing and escalate as the need arises for resolution & present GL analysis to Regional & Business Partners to enable necessary actions.
  • Maintenance of the integrity and accuracy of transaction recording (journals, adjustments, allocations, I/Co transaction) daily.
  • Provide accurate and timely data for Tax audit, ESIC audit, PF audit etc.
  • Prepare & present MIS for process performance & ensure corrective actions implemented for findings.
  • The reconciliation of closings between different SAP modules, with Banks and between sets of books where appropriate, The enforcement of Approval Policies & Limits, while supervising the adequate SOX Reviews and documentation, managing the remediation of any exceptions.
  • Perform all the compliances as per SOX guidelines.
  • Identify and train team members to build knowledge backups.
  • Ensure that all the accounting is in compliance with the Ind AS.
  • Ensure the effective controls are maintained to achieve high accuracy as per the internal company guidelines.
  • Gaining knowledge on new rules and application of the same in books of accounts.
  • Review team goals and KPIs & find opportunities to simplify & drive process efficiency. Review of team performance and provide relevant feedback, discover training needs of team and mentor accordingly.
  • Effective Coordination and communication with external & internal auditors and ensure controls at all times.
  • Review and timely resolution of all audit queries.
  • Review the SOP periodically and recommend vital changes as and when needed in consultation with relevant collaborators.
  • Participate in standardization and continuous improvement initiatives as well as other business partner initiatives.
  • Proactively taking efforts to improvise the process.
  • Self strive to work on issues or queries with persistence till the successful results are achieved.
  • Problem solving demeanor for audit/non-audit issues.

FAQs

What is the job title for this position?

The job title is Specialist / Senior Specialist - Finance.

What are the primary responsibilities for this role?

The primary responsibilities include managing statutory accounts in compliance with Ind AS, closing books of accounts, preparing financials and cashflow statements, and ensuring accurate reporting for audits.

What qualifications are required for this position?

A Chartered Accountant with 4+ years of proven experience in statutory accounting/closing and a strong understanding of Ind AS is required.

Is experience with SAP ERP necessary for this role?

Yes, proven understanding of SAP ERP is a must.

What skills are required apart from accounting expertise?

Excellent written and verbal communication skills along with a solid understanding of MS Office are required.

Will there be opportunities for professional development?

Yes, the role involves identifying training needs and mentoring team members, thus providing opportunities for professional development.

How does Colgate-Palmolive prioritize sustainability?

Colgate-Palmolive is committed to integrating sustainability into all aspects of the business and has a 2025 Sustainability & Social Impact Strategy.

What is the company's stance on diversity and inclusion?

Colgate-Palmolive is committed to ensuring a workforce that represents the communities they serve and creating an environment of belonging and respect.

Are there any accommodations available during the application process?

Yes, reasonable accommodations during the application process are available for persons with disabilities.

Where is this position located?

This position is located in Mumbai, Maharashtra, India.

Colgate-Palmolive

We are Colgate, a caring, innovative growth company reimagining a healthier future for all people, pets and planet.

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

We are Colgate, a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. We are Colgate, a caring, innovative growth company that is reimagining a healthier future for all people, their pets, and our planet. We are a leading global consumer products company with 34,000 people dedicated to improving the health and wellness of people and their pets. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition and reaching more than 200 countries and territories, Colgate teams are developing, producing, distributing and selling health and hygiene products and pet nutrition offerings essential to society through brands such as Colgate, Palmolive, elmex, Tom’s of Maine, hello, Sorriso, Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Filorga, eltaMD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. We are also recognized for its leadership and innovation in promoting environmental sustainability and community wellbeing, including our achievements in saving water, reducing waste, promoting recyclability and improving the oral health of children through our Bright Smiles, Bright Futures program, which has reached more than one billion children since 1991.