Manager - Financial Accg, BSIPL & BIIPL

Bayer


Date: 12 hours ago
City: Thāne, Maharashtra
Contract type: Full time
At Bayer we’re visionaries, driven to solve the world’s toughest challenges and striving for a world where ,Health for all, Hunger for none’ is no longer a dream, but a real possibility. We’re doing it with energy, curiosity and sheer dedication, always learning from unique perspectives of those around us, expanding our thinking, growing our capabilities and redefining ‘impossible’. There are so many reasons to join us. If you’re hungry to build a varied and meaningful career in a community of brilliant and diverse minds to make a real difference, there’s only one choice.

Manager - Financial Accg, BSIPL & BIIPL

POSITION PURPOSE:

Responsible for the complete, timely execution of the Accounting Operations in good quality in the area of General Ledger, Local Statutory Financial and Group Reporting for Bayer Science And Innovation Private Limited (BSIPL) (including Bangladesh Branch Office) and Bayer Investments India Private Limited (BIIPL).

BSIPL has vegetable seeds business, licensing of seed technology and traits, research and development activities, and providing Contract Research Services and Global Business Services. The financial of its branch in Bangladesh is consolidated.

BIIPL carries out investment activities mainly in shares and securities of group companies. It hold investment in joint venture with third party. BIIPL prepares standalone financials and consolidates its joint venture company by equity method in consolidated financial statements.

Contribute to the reliability of the books in his/her scope of responsibility allowing a certification by external auditors.

YOUR TASKS AND RESPONSIBILITIES: A. General Ledger:

  • Initiate creating and changing requests for GL accounts according to defined work procedures.
  • Perform manual General Ledger posting for special cases as defined within the activity split.
  • Support the increase of standard cases and involve business in the defined workflows.
  • Monitoring of Accounts which are in responsibility of the country.
  • Is responsible to do local GAAP postings and evaluation (perform plausibility checks). This being an important activity on account of local financial year is Apr-Mar and significant GAAP differences.
  • Provide accrual & provision tracking for balances as on March for With Holding Tax compliance and reporting.

B. Closing:

  • Support the overall closing process together with the Shared Service Center. Coordinate the overall closing process.
  • Monthly Expense analysis & scrutiny.
  • Review the result of different kind of processes from local GAAP perspective e.g. revenue recognition and follow up with business; Calculate impending losses and perform manual posting.
  • Responsible for coordinating with Group Actuary & HR Department for valuation of Long-Term Employee Benefit provision 2 times in a year, accounting thereof on monthly basis and getting the same audited from Statutory Auditors.

C. Reporting:

  • Plan and perform actual annual local statutory and group reporting incl. implementation of new regulation/ law, posting, review and reporting.
  • Preparation of consolidated financial statements by equity method.
  • Prepare additional 3 times local statutory financials for Advance Tax.
  • Perform evaluation of accounting treatment and its disclosure in local statutory financials for new business transactions/ agreements.
  • Perform XBRL (eXtensible Business Reporting Language) reporting (as prescribed by the Local Authority) for local statutory financials in specific format.

D. Audit and Control & Others:

  • Support external & internal audit.
  • Preparation of variation analysis, audit schedules based on requirement list.
  • Collaboration with internal stakeholders on audit requirement.
  • Perform Internal Control System (ICS) controls in his/her own area of expertise and responsibility.
  • Arranging ad-hoc Certification related to financials of the Company from Qualified Chartered Accountant/ Statutory Auditor.

WHO YOU ARE:

Chartered Accountant qualification with minimum 4-5 year working experience in finance and/or accounting dept. or other similar positions along 3 years’ experience in preparation of local statutory financials under Ind AS in Accounting department of manufacturing/ marketing company and excellent knowledge on system settings and internal controls

  • Sound knowledge of Bayer Group accounting and reporting requirements
  • Sound knowledge of local GAAP and local laws for local statutory reporting requirements
  • Strong interpersonal and communications skills Good knowledge of MS office and related software
  • Experience with SAP is required
  • Fluent English in writing and speaking

Bayer does not charge any fees whatsoever for recruitment process. Please do not entertain such demand for payment by any individuals / entities in connection with recruitment with any Bayer Group entity(ies) worldwide under any pretext.

Please don’t rely upon any unsolicited email from email addresses not ending with domain name “bayer.com” or job advertisements referring you to an email address that does not end with “bayer.com”

YOUR APPLICATION

Bayer is an equal opportunity employer that strongly values fairness and respect at work. We welcome applications from all individuals, regardless of race, religion, gender, age, physical characteristics, disability, sexual orientation etc. We are committed to treating all applicants fairly and avoiding discrimination.

Location: India : Maharashtra : Thane

Division: Enabling Functions

Reference Code: 855181

Contact Us

  • 022-25311234

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