Your new role - challenging and future-oriented

Job Summary

We are looking for an experienced accounting professional to drive robust accounting processes, ensure compliance with accounting guidelines, and lead Balance Sheet and P&L; review/monitoring. This role will also support implementation of recent accounting standards and regulatory changes, provide audit support, and act as a go-to advisor for day-to-day accounting matters, sharing expertise with stakeholders and driving continuous improvement.

Key Responsibilities

- Accounting Process Ownership & Governance
- Own and continuously improve end-to-end accounting processes (close, reconciliations, accruals, provisions, intercompany, fixed assets, etc.).
- Establish/maintain process controls, SOPs, checklists, and governance mechanisms.
- Identify and implement process standardization and automation opportunities in collaboration with finance transformation/IT.

- Accounting Guidelines & Technical Accounting Support

- Ensure accounting treatments align with applicable accounting standards (e.g., Ind AS/IFRS as relevant) and internal policies.
- Provide technical accounting guidance on transactions (revenue, leases, financial instruments, provisions, capitalization vs expense, etc.).
- Create and maintain accounting position papers/memos and decision logs for complex areas.

- Balance Sheet & P&L; Review,



Monitoring and Insights

- Perform periodic Balance Sheet substantiation and analytical review (recons quality, ageing, unusual movements, clean-up actions).
- Review P&L; variance analysis, and accrual accuracy;

- New Standards / Regulatory Rollouts & Change Management

- Support finance leadership in regulatory and accounting standard rollouts: impact assessment, gap analysis, implementation plan, controls updates, and training.
- Coordinate cross-functional adoption (tax, treasury, FP&A;, legal, operations, systems).

- Audit & Compliance Support

- Lead/coordinate responses for statutory audit, internal audit, SOX/IFC (as applicable), including schedules, walkthroughs, evidence, and issue remediation.
- Ensure timely closure of audit observations and maintain a robust compliance calendar.

- Day-to-Day Accounting Advisory ("Share Expertise")

- Serve as an escalation point for day-to-day accounting queries from business, shared services, and other finance teams.
- Coach team members and stakeholders through knowledge sharing sessions, clear documentation, and practical guidance.

Required Qualifications

- Chartered Accountant
- 5-7 years (adjustable) experience in financial accounting / audit / technical accounting / shared services governance.

📌 Manager - Financial accounting and governance (Mumbai)
🏢 Siemens
📍 Mumbai