The Accountant I will manage general accounting activities including reconciliations, monitoring accounts, reporting on inventory and sales, and assisting with audits. Responsibilities also include processing accruals, managing month-end close activities, and improving financial processes. Collaboration with teams across manufacturing and supply chain is essential.
Job TitleAccountant I
Job Description
- Should possess in depth knowledge of General Accounting and other related finance activities
- Reconciliation, correction and monitoring of Stock in Transit Account for Manufacturing, Supply chain and service centers.
- Reconciliation, correction and monitoring of Work in Progress Account for Manufacturing department.
- Monitor work orders and resolve the error in work orders related to WIP Account.
- Monitor the Inventory branches and communicate unusual movement of stock to the respective key user.
- Monitor sales and purchase orders of the three department and reporting to respective departments.
- Solving stock Integrity issues of Inventory Account.
- Communication with colleagues in Factory, supply chain and service centers to resolve the day-to-day issues in Inventory and SIT Account.
- Report on inventory levels, the sales orders to management and other department periodically.
- Explain the current issues and queries raised by Auditors and management related to Inventory.
- Provide assistance in User acceptance testing of new projects or application.
- Provide support to Inventory Colleagues intercompany as and when needed.
- Checking Unposted batches in JDE on global level.
- Month end reporting.
- Propose strategies to reduce costs and improve the current process.
- Other GL activities like Intercompany invoicing, GL reconciliations etc.
- As a part of pre-closing activities, has to ensure all the transactions jobs related to bank, AR & AP and other financials are properly accounted completely processed accurately in the system
- Has to ensure all orders / projects are booked, and all checks have been followed to complete the revenue recognition process
- Perform reconciliations on monthly basis for all GL accounts and able to identify the variances
- Involved in processing Accruals required as per the policies and process followed
- Book reclass journal entries required to the relevant account code
- Book fixed journal entries on monthly or bi-monthly basis
- Should have hands on experience on the financial reports and take required action as a part of rectification entries, cost reclass etc
- Ensure all inventory related transactions are processed, Stock integrity issues have been resolved, Closely involved in Stock calculation, take adequate steps to clear stock obsolete items.
- Should be able to identify if the Purchase orders, costs are incorrectly coded to wrong account codes.
- Perform reconciliation of Bank to GL accounts on monthly basis and identify variances if any
Skillsets:
- At least 4-6 years of experience in GL teams of a Shared services set-up preferably
- Possess strong knowledge of GAAP, IFRS (Preferred to have)
- Conceptually sound in the financial activities & Accounting and General Ledger
- Good Analytical skills
- Good verbal and written communication skills
- Attention to detail approach with logical thinking
- Proactive approach and active involvement in driving process improvements, automations if any
- Displays the ability to multitask and handle multiple issues at the same time without stress
- Should be good team player as he / she will be aligned with within the team based on the business requirements particularly during month ends / quarter ends
- Proficiency in MS Office - Word/ Excel/PPT
- Good to have knowledge on Blackline tool
Similar Jobs
Be an Early Applicant
The Associate Finance Controller will oversee day-to-day financial transactions, ensuring accuracy and compliance. Responsibilities include cost and budget accounting, accounts payable/receivable management, and supporting team members while contributing to strategic financial decisions.
Be an Early Applicant
The Senior Accountant I will oversee audit processes, collaborate with stakeholders and external auditors, ensure compliance with GAAP, support the Accounting Manager, complete financial closings and reporting, and respond to inquiries related to accounting activities.
Be an Early Applicant
The Financial Admin Assistant will manage day-to-day activities related to accounts payable, ensuring timely and accurate processing of invoices. Responsibilities include training sessions for team members, addressing discrepancies in invoices, conducting audits, and maintaining communication with internal staff and vendors. The role requires attention to detail and the ability to manage multiple tasks efficiently.
What you need to know about the Chennai Tech Scene
To locals, it's no secret that South India is leading the charge in big data infrastructure. While the environmental impact of data centers has long been a concern, emerging hubs like Chennai are favored by companies seeking ready access to renewable energy resources, which provide more sustainable and cost-effective solutions. As a result, Chennai, along with neighboring Bengaluru and Hyderabad, is poised for significant growth, with a projected 65 percent increase in data center capacity over the next decade.
