Subject Matter Expert - Financial Reporting

About the Position

Subject Matter Expert - Financial Reporting

Bosch Global Software Technologies Private Limited, a 100% owned subsidiary of Robert Bosch GmbH, is a leading global supplier of technology and services. As the largest software development center of Bosch outside Germany, it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe, and the Asia Pacific region.

We are seeking a Subject Matter Expert in Financial Reporting to join our team in Bangalore, India.

Responsibilities

• Responsible for GL closing and reporting. Timely closure of books of Accounts of the entities and reporting to the Board on a quarterly basis & Parent on a yearly basis.
• Control & Review General Ledger Accounting including maintenance and control over chart of accounts.
• Ensure implementation of new accounting policies / standards as per IND AS & IFRS.
• Ensure fiscal reviews on a monthly basis with the Record to report Head, Corporate Financial controller.
• Monthly balance sheet reviews and governance for all GLs in Trial balance.
• Review and Finalization of Statutory Financials quarterly as per IND AS:
  • Facilitating audit by the External Auditors (statutory and group audit).
  • Preparation of Financial Statements as per Sch III of the Companies Act 2013.
  • Collaborate with business teams to close the Audit open points.
  • Responsible for getting the Accounts Audited by External Auditors.
  • Handling preparation for Board meeting related deliverables with reference to Financial Accounts.
• Month end closing activities as per financial closing cockpit:
  • Planning the monthly closing activities, Co-ordination with various teams from the LE.
  • Ensure all sub ledgers are closed on time after posting of all entries.
  • Preparation of monthly accounting schedules and circulation of the same.
• Ensure fiscal governance and internal controls including documentation of process, which includes closing IA audit points.
• Participation in special projects relating to Finance control & process improvements.

Requirements

• Educational qualification: CA Qualified, 5 years post qualification.
• Experience: Minimum 5 Years’ experience in medium or large manufacturing Industry in accounting functions.
• Knowledge: Companies Act 2013, Ind AS, IFRS, SEBI Regulations.
• Must have: Handled Year’s Annual Audit as per IFRS / Ind AS. Exposure of SAP – FI system is must.
• Mandatory/requires Skills: Understanding of IND AS, IFRS, SAP knowledge.
• Preferred Skills: Basic understanding of new age technologies like RPA, blockchain, PowerBI.
• Functional and Behavioral Skills required:
  • Positive attitude with a longingness to learn.
  • Good communication skill.

We Offer

• Competitive salary.
• Opportunity to work with a global leader in technology and services.
• Professional growth and development.

About the Company

Bosch Global Software Technologies Private Limited is a 100% owned subsidiary of Robert Bosch GmbH, one of the world's leading global suppliers of technology and services. With over 27,000+ associates, it’s the largest software development center of Bosch, outside Germany, indicating that it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe, and the Asia Pacific region.