CA Industrial Trainee – Record to Report (R2R)

SKF Industrial Limited

Location: Pune

About the Opportunity

SKF Industrial Limited is seeking a highly motivated CA Industrial Trainee to join its Finance & Accounting team. This role offers an excellent opportunity to gain practical exposure to end-to-end Record-to-Report (R2R) processes in a listed manufacturing company, providing valuable experience in financial accounting, reporting, compliance, controls, and month-end closing activities.

The trainee will work closely with experienced finance professionals and gain exposure to corporate accounting practices, financial statements, audit requirements, and business finance processes.

Key Responsibilities:

Month-End and Year-End Closing

- Support monthly, quarterly, and annual financial close activities.
- Prepare and post journal vouchers (JVs) and adjustment entries.
- Assist in timely closure of books and adherence to reporting timelines.
- Review general ledger accounts and analyse variances.

Accruals, Provisions and Accounting Entries

- Prepare monthly accruals and provisions.
- Support accounting for prepaid expenses and amortisation.
- Ensure completeness and accuracy of accounting records.
- Assist in expense analysis and account reconciliations.

General Ledger and Trial Balance Review

- Monitor and analyse General Ledger transactions.
- Perform Trial Balance review and identify unusual movements.
- Support account balance validations and balance sheet substantiation.

Financial Reporting

- Assist in preparation of monthly financial statements and management reports.
- Participate in financial reporting activities in compliance with Ind AS requirements.
- Support preparation of schedules and disclosures for reporting purposes.

Bank and Balance Sheet Reconciliations

- Perform bank reconciliations and follow-up on open items.




- Prepare balance sheet reconciliations and ageing analyses.
- Assist in clearing reconciling items and ensuring accounting accuracy.

Audit and Compliance

- Support statutory audit, internal audit, and other compliance requirements.
- Prepare audit schedules and supporting documentation.
- Assist in implementation and monitoring of financial controls.

Process Excellence

- Participate in process improvement and automation initiatives.
- Support standardisation and strengthening of accounting processes.
- Work with ERP-based accounting systems and reporting tools.

What You Will Gain

- Hands-on exposure to the Record-to-Report (R2R) function of a leading industrial manufacturing company.
- Practical experience in month-end close, journal entries, accruals, provisions, reconciliations, and financial reporting .
- Exposure to listed company financial reporting, governance, and compliance requirements .
- Understanding of Ind AS, internal controls, audit processes, and corporate accounting practices .
- Opportunity to work with ERP systems and large-scale finance operations.
- Cross-functional exposure to business finance, controlling, and reporting teams.

Eligibility

- CA student eligible for Industrial Training as per ICAI guidelines.
- Strong understanding of Accounting, Financial Reporting and Corporate Finance concepts.
- Positive knowledge of journal entries, financial statements and reconciliations.
- Proficiency in MS Excel; SAP knowledge will be an added advantage.
- Strong analytical, communication, and problem-solving skills.

Preferred Candidate Profile

- Strong academic record and keen interest in corporate finance and accounting.
- Attention to detail and structured approach to problem-solving.
- Ability to work in a fast-paced environment and meet reporting deadlines.
- Strong interpersonal and stakeholder management skills.

📌 CA Industrial Trainee (Pune)
🏢 SKF Group
📍 Pune