Jobs in Mumbai, India (Now Hiring) — 5,045 open at 483 companies — Page 251

Job Requirements

About Godrej Industries Group (GIG)

At the Godrej Industries Group, we are privileged to serve over 1.1 billion consumers globally through our businesses with market leadership positions in the consumer products, real estate, agriculture, financial services and chemicals industries.

www.godrejindustries.com

About Godrej Consumer Products Limited (GCPL)

Godrej Consumer Products is a leading emerging markets company. As part of the over 125-year young Godrej Group, we are fortunate to have a proud legacy built on the strong values of trust, integrity and respect for others. At the same time, we are growing fast and have exciting, ambitious aspirations.

Today, our Group enjoys the patronage of 1.2 billion consumers globally, across different businesses. We rank among the largest Household Insecticide and Hair Care players in emerging markets. In Household Insecticides, we are the leader in India, the second largest player in Indonesia and are expanding our footprint in Africa. We are the leader in serving the Hair Care needs of women of African descent, the number one player in Hair Colour in India and Sub-Saharan Africa, and among the leading players in Latin America. We rank number two in Soaps in India and are the number one player in Air Fresheners and Wet Tissues in Indonesia.

Innovation is a key driver of our strategy, and we are constantly looking to delight our consumers with exciting, superior quality products at affordable prices. We were the highest ranked Indian company on Forbes' list of The World's 100 Most Innovative Growth Companies 2015, for the second year in a row.

www.godrejcp.com

Our Finance Team

Our Finance team partners to drive sustainable, long-term value creation, ensure the continued health of our business, and build the foundation for us to live our purpose, achieve our ambitious growth aspirations, and serve our consumers and communities. From business partnering and accounting to expert services, there’s a broad range of roles to explore in what could be your next team. Read about our strategy and plans in our Annual and Integrated Report.

About the role

We are seeking a dedicated and detail-oriented Financial Close and Consolidation Executive to join our dynamic Finance team within our Financial Shared Services center. The ideal candidate will play a crucial role in ensuring accurate and timely support to local finance teams for financial close and reporting processes, as well as the consolidation of financial data across our global organization. This position requires strong analytical skills, technical proficiency, and a solid understanding of accounting principles and financial reporting standards.

Key Responsibilities -

Financial closing

• Collaborate with various user departments (such as Business FInance, Sales, Marketing, Procurement, Admin, etc.) to gather financial data and ensure the accuracy and completeness of entries during preparation for month-end, quarter-end, and year-end close to support year-end close.
• Provide support in terms of reconciliations of accounts, investigate discrepancies, & ensure appropriate adjustments are made.
• Prepare and post journal entries in SAP after ensuring sufficient and appropriate supporting documentation.
• Assist in the review of ledger balances and preparation of audit schedules to support balances reflecting in financial statements, to ensure compliance with accounting standards and company policies. Ensure necessary actions are taken against aged / non-moving items per the schedule.
• Work closely with local finance teams to gather necessary data and explanations and ensure consistent accounting and reporting, providing support during adjustments, and reconciliations.
• Preparation of daily/weekly Bank Reconciliations, ensuring the balances as per statement match those as per Bank Confirmation and ensuring no aged items in the reconciliations
• Ensuring all aged GRIR balances are cleared and necessary follow-ups with business users to maintain GL hygiene

Fixed asset accounting

• Ensure the creation of internal orders and the assignment of AUC in accordance with the CER requests that have been approved
• Review the Capital Work in Progress (CWIP) balances regularly and ensure timely and accurate capitalization of projects that have reached their completion or are due for capitalization
• Ensuring timely depreciation runs to maintain accurate financial records
• Manage and respond to requests related to the disposal, impairment, or write-off of fixed assets in accordance with organizational policies and Ind AS
• Develop and present a reconciliation schedule that is consistent with the trial balance to ensure accuracy and completeness of financial reporting

Intercompany accounting

• Perform accurate and timely recording of intercompany transactions, ensuring adherence to accounting principles and company policies.
• Review and process intercompany invoices, receipts & payments while maintaining proper documentation.
• Perform regular reconciliations of intercompany accounts and identify & resolve discrepancies promptly.
• Prepare and present intercompany account reconciliations for review and approval.
• Investigate and resolve intercompany-related issues, addressing inquiries from stakeholders across markets.
• Implement corrective actions to prevent future discrepancies and errors.
• Collaborate with various departments and entities within the organization to ensure proper intercompany transactional flows.
• Continuously assess and enhance intercompany accounting process activities to streamline operations and increase accuracy.
• Ensure month-end balances are correctly eliminated while consolidation

Compliance and reporting

• Ensure compliance with corporate accounting policies & procedures, international accounting standards and transfer pricing policies & regulations.
• Ensure adequate controls and approvals are in place at all times.
• Assist in the preparation of local and consolidated financial statements and reports for management, board meetings, and external stakeholders.
• Contribute to the development and enhancement of financial reporting processes and systems to improve efficiency and accuracy.

Process improvement

• Identify opportunities for RTR process optimization, automation, and standardization within the financial accounting and close processes.
• Collaborate with cross-functional and operation excellence teams to implement improvements and enhance overall efficiency.

Audit support

• Assist with internal and external audit requests, providing necessary documentation & information to ensure a smooth audit process within the timelines.
• Support in timely audit closure by assisting in query resolution.
• Address audit findings and implement corrective actions as needed.

Education:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field is required.
• A professional qualification such as CA Inter or CMA is highly desirable and will be considered a plus.
• Proficiency in Spanish Language is a must.

Experience:

• Experience in Record to Report, Bank Reconciliation, intercompany accounting, controlling & consolidation or a similar role within a finance or accounting function is required.
• Experience working in a financial shared services environment is preferred but not mandatory.
• Prior exposure to working with international financial reporting standards (IFRS) and Indian Accounting Standard (Ind AS) is essential.
• Proven track record of successfully managing and coordinating the financial close process for complex organizations will be advantageous.

Key Skills:

Technical Skills

• Proficiency in using SAP S/4HANA mandatory. Familiarity with other SAP modules (ICMR, FCC & Accrual engine) and BPM Solution will be a plus.
• Excellent command of Microsoft Excel, including pivot tables, complex formulas, and data manipulation techniques to facilitate financial analysis and reporting.
• Familiarity with financial consolidation tools and software to manage intercompany transactions, eliminations, and reporting across entities.
• Strong understanding of financial reporting frameworks and ability to apply relevant accounting standards (Ind AS) to complex transactions.
• In-depth knowledge of accounting standards (IFRS, Ind AS) and financial reporting requirements.
• Strong knowledge of accounting practices, legalities and compliances pertaining to direct and indirect tax regulations in India. Knowledge of local tax regulations for Bangladesh, Sri Lanka, Indonesia & Africa would be an added advantage.
• Familiarity with reporting tools such as Tableau, Power BI, QlikSense, Alteryx or other data visualization platforms to create clear and informative reports for stakeholders.
• Familiarity with data integration and automation tools that could enhance the efficiency of the financial closing processes.

Soft Skills

• Candidate should be well versed in English. Proficiency in Bahasa/Portuguese/Spanish will be a plus.
• Strong attention to detail, accuracy, and commitment to data integrity.
• Excellent analytical and problem-solving skills to identify issues and propose solutions.
• Effective communication skills to interact with various stakeholders, including finance teams, auditors, and management.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Team player with the capability to collaborate across departments, geographies, and cultures. Proactive attitude towards process improvement and the ability to drive change.

Work Experience
2-4 years

Benefits

Be an equal parent

Childcare benefits for the birthing parent, commissioning parent (in case of surrogacy) or adoptive parent, and their partners

• 6 months of paid leave for primary caregivers, flexible work options on return for primary caregivers
• 2 months paid leave for secondary caregivers
• Caregiver travel for primary caregivers to bring a caregiver and children under a year old, on work travel

Coverage for childbirth and fertility treatment

No place for discrimination at Godrej

Gender-neutral anti-harassment policy

Same sex partner benefits at par with married spouses

Coverage for gender reassignment surgery and hormone replacement therapy

Community partnerships and advocacy

Persons with Disability (PwD) care

We are selfish about your wellness

Comprehensive health insurance plans, as well as accident coverage for you and your family, with top-up options

Elder care for those who might need to extend support to senior family members

Preventative healthcare support

Outpatient Department (OPD) coverage, including vaccinations, dental, vision, etc.

Uncapped sick leave

Flexible work options, including remote working and part-time work

Mental wellness and self-care programmes, resources and counselling

Celebrating wins, the Godrej Way

Structured recognition platforms for individual, team and business-level achievements

Digital and offline instant recognition platforms

An inclusive Godrej

Before you go, there is something important we want to highlight. There is no place for discrimination at Godrej. Diversity is the philosophy of who we are as a company. And it has been over a century. It’s not just in our DNA and nice to do. Being more diverse - especially having our team members reflect the diversity of our businesses and communities - helps us innovate better and grow faster. We hope this resonates with you.

We take pride in being an equal opportunities employer. We recognise merit and encourage diversity. We do not tolerate any form of discrimination on the basis of nationality, race, colour, religion, caste, gender identity or expression, sexual orientation, disability, age, or marital status and ensure equal opportunities for all our team members.

If this sounds like a role for you, apply now!

We look forward to meeting you.