Key Responsibilities

- Review entity Trial Balance during month-end, quarter-end, and year-end close; investigate unusual movements, misclassifications, and open items.

- Manage Balance Sheet general ledgers for group reporting, ensuring reconciliations, substantiation, aging, and movement explanations are complete and accurate.

- Review profit and loss results, validate accruals/reclasses, and provide clear commentary to P&L; owners on material variances.

- Act as the key contact for Group Reporting on submissions, schedules, and reporting queries, conducting comprehensive variance analysis.

- Coordinate external audits for assigned entities, including evidence review, query resolution, and audit action closure to ensure timely completion.

- Review outputs from process operations teams, such as R2R, AP, AR, Intercompany, Fixed Assets, and other finance processes to ensure compliant accounting.

- Identify control gaps and lead remediation initiatives, implement root-cause fixes, and propose process improvements to strengthen financial controls.

- Collaborate with key stakeholders, such as Group Reporting, P&L; Owners, Process Operations, and External Auditors to ensure accurate financial reporting.

Overview

- The Assistant Manager - Accounting is a pivotal role within the FMCG sector, responsible for ensuring financial integrity and compliance for assigned entities.

- Based in Bangalore, this role demands close collaboration with Group Reporting, P&L; owners, and process operations teams to address financial discrepancies and enhance control mechanisms.

- The incumbent will oversee the financial reporting process, ensuring accuracy and readiness for audits through meticulous review of the Trial Balance,



Balance Sheet general ledgers, and profit and loss statements.

- This position plays a critical part in the month-end, quarter-end, and year-end financial close processes.

- Acting as the primary liaison for Group Reporting, the Assistant Manager will manage submissions, address reporting queries, and conduct variance analysis to maintain robust financial controls.

- Additionally, the role involves coordinating external audits and ensuring compliance with international financial reporting standards.

- The Assistant Manager - Accounting will also identify control gaps, propose remediation strategies, and drive process improvements across various finance operations, including accounts payable, accounts receivable, and intercompany transactions.

Requirements

- Strong experience in financial accounting, group reporting, Trial Balance review, Balance Sheet control, and profit and loss analysis.

- In-depth knowledge of IFRS, financial controls, and audit requirements, with the ability to ensure compliance across financial operations.

- Proven ability to review reconciliations, journals, schedules, and financial commentary with meticulous attention to detail.

- Excellent communication and stakeholder management skills, with the ability to influence and challenge effectively.

- Experience working within shared services or process operations environments, particularly under tight financial close timelines.

- Skilled qualifications such as CA, CPA, ACCA, CIMA, or an MBA in Finance are preferred, alongside a degree in Accounting, Finance, or Commerce.

- Minimum of 3 years of relevant experience in financial accounting roles within the FMCG sector or similar industries.

📌 Assistant Accounting & Controls Manager (Bengaluru)
🏢 Net Connect
📍 Bengaluru