Accounting, Staff

Synopsys Inc


Date: 16 hours ago
City: Bengaluru, Karnataka
Contract type: Full time
R2R Accountant

We Are:

At Synopsys, we drive the innovations that shape the way we live and connect. Our technology is central to the Era of Pervasive Intelligence, from self-driving cars to learning machines. We lead in chip design, verification, and IP integration, empowering the creation of high-performance silicon chips and software content. Join us to transform the future through continuous technological innovation.

You Are:

You are a seasoned accounting professional with over 10 years of proven experience in multi-country R2R (Record to Report) administration, particularly with a strong focus on Europe. You possess a deep understanding of Europe tax regulations and have a high degree of professionalism. You are adept at handling sensitive and confidential material and have excellent decision-making, problem-solving, and analytical skills. You have a degree or master’s degree from a recognized university and are proficient in both business needs and the technologies to implement them. Your interpersonal, written, and verbal communication skills are excellent, and you have a knack for delivering compelling presentations. You thrive in a collaborative environment and are always ready to support your peers to complete tasks efficiently.

What You’ll Be Doing:

  • Managing end-to-end R2R operations and related compliance activities for Europe entities.
  • Performing month-end accruals and other closing deliverables for multiple Europe entities.
  • Calculating Tax provision and CIT supporting.
  • Setting up and monitoring recurring JVs in Blackline/SAP.
  • Conducting cash forecasting and intercompany revenue forecasting.
  • Reconciling open item GLs of the balance sheet using Blackline.
  • Collaborating closely with departments such as AP, Treasury, Payroll, and Tax to minimize disputes.
  • Understanding and applying Accounting Standards (US GAAP/IFRS).
  • Preparing, posting, and reconciling intercompany invoices.
  • Ensuring accuracy of financial report packs through R2R controls.
  • Managing year-end statutory filings and closure activities.
  • Organizing R2R function documentation (e.g., Desktop procedures, SOX Docs).
  • Participating in ad-hoc projects to deliver process improvements and add value to the R2R organization.
  • Contributing to tasks related to mergers and acquisitions.

The Impact You Will Have:

  • Ensuring timely and accurate financial reporting for multiple Europe entities.
  • Maintaining compliance with Europe tax regulations and statutory requirements.
  • Improving cash flow management through effective forecasting.
  • Enhancing the accuracy and reliability of financial statements.
  • Facilitating smooth audits through meticulous preparation and coordination.
  • Driving process improvements and efficiency within the R2R function.
  • Supporting organizational growth through participation in mergers and acquisitions.
  • Fostering cross-departmental collaboration to resolve disputes and enhance operations.
  • Contributing to a high-performance finance team through knowledge sharing and teamwork.

What You’ll Need:

  • 10+ years of experience in multi-country R2R administration, with a focus on Europe.
  • A degree or master’s degree from a recognized university.
  • Strong knowledge of Europe tax regulations.
  • High degree of professionalism and ability to handle confidential material.
  • Excellent decision-making, problem-solving, and analytical skills.
  • Proficiency in accounting standards (US GAAP/IFRS).
  • Experience with Blackline and SAP.

Who You Are:

  • Detail-oriented with a strong focus on accuracy.
  • Effective communicator with excellent interpersonal skills.
  • Team player who supports peers to achieve common goals.
  • Proactive and able to work independently with minimal supervision.
  • Adaptable and open to change, with a continuous improvement mindset.

The Team You’ll Be A Part Of:

As a member of the COE Finance team, you will be responsible for the daily operations of the Record to Report processes, ensuring that these processes are handled timely and efficiently. You will work closely with various departments such as AP, Treasury, Payroll, and Tax to ensure quality in reporting and compliance. The team is dedicated to continuous improvement and collaboration, striving to add value to the organization through innovative approaches and solutions.

Rewards and Benefits:

We offer a comprehensive range of health, wellness, and financial benefits to cater to your needs. Our total rewards include both monetary and non-monetary offerings. Your recruiter will provide more details about the salary range and benefits during the hiring process.

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