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This role is responsible for ensuring General Ledger transactions for the entities within the scope of India Finance Shared Services Center (FSSC) are captured and reported accurately and timely in the company’s financial statements in accordance to US Generally Accepted Accounting Principles.
How You’ll Make An Impact
Maintains ledger accounts entities that are covered by the India Finance Shared Services Center (FSSC) – including:
- updating and maintaining GL accounts for US GAAP & Statutory reporting
- timely and accurate monthly balance sheet account reconciliations in Blackline
- timely analysis, identification, communication and resolution of balance sheet account reconciliation issues
- prepares journal entries to general ledger
- Prepares Prepayment schedule and reconciles
- Prepares various monthly accruals and reconciles
- assures documents being processed are included in the appropriate accounting period
- analyzes and verifies internal consistency, completeness, and arithmetic accuracy of accounting documents
- analyzes and researches and corrects issues related to accounting
- communicates issues with errors, procedure violations and discrepancies with all levels of management
- Ad hoc requests from GL and RTR manager
Month-end Closing Activities Including
- responsible for submitting monthly reporting to Corporate (M’s and Q’s) as per Bio-Rad policies and procedures
- updates and maintains month-end/quarter-end/year-end closing schedules
- Performs balance sheet and income statement account analyses and actual versus budget comparisons to determine if there are missing entries or significant variances that require further explanations.
- processes accruals during month-end close
- assists in preparation of QVRs on a quarterly basis
- Assists for responding to any questionnaires from corporate
Internal Controls Including
- Assists in internal control reviews for assigned control objectives required by Sarbanes-Oxley
- Assists in internal and external audit requests – before, during and after – as well as the completion of audit-required analyses.
- Assists in answering auditing questions and resolves auditing issues.
- Ensures compliance with applicable Corporate Policies and Procedures
Works On Unique And Critical Projects And Problems Including
- Assists in special projects and requests involving general accounting systems
- support the migration of local in-country month end close process into the Shared Service Centre (Knowledge Transfer / Go-Live)
- Collaborate with other finance functions like Reporting, SAP, FP&A, tax, etc to deliver process improvement
What You Bring
- Chartered Accountant, CPA, ACCA, Cost Accountant or equivalent degree in accounting and Finance
- 3-5 years related experience or equivalent combination of education and experience.
- Finance SSC Experience in large multinational company with a high volume, performance driven environment
- Large ERP System Experience – SAP & Hyperion preferred
- Experience in Blackline will be added advantage
- Strong interpersonal, communication and presentation skills for interacting with individual team contributors, business partners, and senior management.
- Strong knowledge of internal controls and US GAAP accounting required.
- Strong analytical and problem solving background.
- Experience in process and project management skills.
- Experience in process redesign and/or efficiency
- Innovative and able to think both analytically and conceptually.
- Fluent (both orally and in writing) in English
Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.
Benefits: Bio-Rad’s biggest asset is its people, and the reason why our Total Rewards deliver programs that provide value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Our robust offerings serve to enrich the overall health, wealth, and wellbeing of our employees through the various stages of an employee’s work and life cycle. We’re proud to offer a variety of options, including competitive insurance plans for you and your immediate family, Annual Health checkup , Marriage Leave, Paternity Leave ,Employee Assistance Programme , extensive learning and development opportunities, and more.
EEO Statement: Bio-Rad is an Equal Employment Opportunity/Affirmative Action employer, and we welcome candidates of all backgrounds. Veterans, people with disabilities, and people of all races, ethnicities, genders, ages, and orientations are encouraged to apply.
Agency Non-Solicitation: Bio-Rad does not accept agency resumes, unless the agency has been authorized by a Bio-Rad Recruiting Representative. Please do not submit resumes unless authorized to do so. Bio-Rad will not pay for any fees related to unsolicited resume
Legal Entity: (IND_3006)Bio-Rad Laboratories (India) Pvt Ltd
