Plant Accounting Assistant V, Hyderabad, India

ABOUT SOLENIS

Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company’s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact, and create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 69 manufacturing facilities strategically located around the globe and employs a team of over 16,100 professionals in 130 countries across six continents. Solenis is a 2023 US Best Managed Company.

Solenis is a trusted global brand in water treatment, paper, industrial, institutional, food and beverage, and pool and spa water markets. As a trusted partner, we deliver value to our customers by solving sustainability and operational challenges with the right people, the right experience and the right technology. Our solutions help conserve natural resources and promote cleaner and safer environments.

ABOUT GSS HYDERABAD

Center was inaugurated in 2015 and today host 500+ employees across Finance, Supply Chain, HR Sourcing, IT and Cybersecurity domain. This is the largest shared services site amongst the 4 global GSS sites.

ROLE                          :           Plant Accounting Assistant V

REPORTS TO            :           Plant Accounting & Controlling Manager

BASE LOCATION      :           Hyderabad

PURPOSE            :     

The incumbent will be responsible to perform Plant Accounting & Controlling activities in GSS for all assigned plants, reporting to a local Plant Accounting Leader in the GSS. This position will perform monthly plant closing activities, standard & actual cost analysis, GR&IR analysis, Plant fixed cost analysis and Inventory management. Also need to handle Budget and forecasting activities on quarterly and yearly basis.

This role will need to build a good working understanding of the plant operations and the operating processes to ensure the plant accountant role is being handled properly. This role will require a high degree of analytical expertise and ability to manage and communicate key drivers/results of their assigned plants that will aggregate up to the consolidated regional plant results and ultimately global plant results.   

PRINCIPLE ACCOUNTABILITIES         : 
             

• Develop a complete understanding of the monthly close process related to assigned plants and inventory accounting.
• Maintain the completion of the monthly close checklists for assigned plants during the monthend closing.
• Perform detailed material cost analysis comparing with previous month cost and BOM & Recipe.
• Perform monthly evaluation of over/under applied and unusual items in the month including analysis of plant actual cost compared to both budget and forecasted results with details explanation.
• Prepare and post the accrual and corrective journal entries as needed.
• Perform certain General Ledger Accounting, Inventory Accounting and Cost Controlling activities.
• Prepare the annual plant budgets for fixed cost under the direction of the key stake holders.
• Prepare the annual establishment of standard activity rates and the periodic review of the rates if volumes/fixed costs vary materially from plan.
• Assist in financial audits and audit requests.
• Preparing production volume reports and analysis.
• Execution of plant distribution and assessment cycles.
• Preparation of GRIR, SMOG reporting and analysis.

• INTEGRITY: To drive an ethical work culture across the team and company.
   
• EHS: To ensure compliance with Solenis EHS standards 
            

QUALIFICATION GUIDELINES :      
 

EDUCATION :  CMA, CMA/CA inter with relevant experience.

EXPERIENCE :  To have the experience of :-

2 to 3 years experience in any Manufacturing plants and exposure to Material ledger and plant closing and reporting process is must.

Good communication, presentation, analytical and leadership skills, ability to motivate team members.

SAP FI/CO module knowledge is must, understanding of MM, PP&SD modules is an advantage.

Tableau, OneStream reporting tools knowledge is an advantage.

  Skills: Behavioral & Technical Exposure to SAP in Finance operations Standard cost and plant accounting experience in SAP Exposure to client management and transitions Ability to gel with big teams and be a strong team player Good communication skills and ability to drive results Strong knowledge in MS excel and power point Self-motivated, proactive, and able to take challenges.