Senior Accounting Specialist GL
Chennai, Tamil Nadu, IN
Job ID: 13128
Alternate Locations: Chennai
Newell Brands is a leading $8.3B consumer products company with a portfolio of iconic brands such as Graco®, Coleman®, Oster®, Rubbermaid® and Sharpie®, and 25,000 talented employees around the world. Our high-performance culture, unparalleled curiosity about the world around us, and talented people fuel our success. Our culture is enabled through our core values which guide all we do and how we win as One Newell. They are Integrity, Teamwork, Passion for Winning, Ownership & Leadership.
Reynolds is a subsidiary of Newell Brands, one of the most transformative consumer product companies in the world. For over 100 years, the company has grown through brands they are privileged to bring to consumers worldwide. With products in nearly 200 countries, over 100+ brands and 31,000+ happy employees worldwide, Newell is committed to enhancing the lives of customers with innovative products that create moments of joy.
Job Overview:
- Ensure monthly closing of books accurately and on time
- Prepare GL reconciliation in time
- Maintain Fixed Assets in SAP correctly and on time
- Ensure timely Inter Company reconciliations
- Support information for monthly submissions of cashflow
- Ensure filing of statutory (Audit / other compliance) returns in time
- Support completion of Statutory, Internal, ad hoc audits in time
- Prepare and submit month end reporting for relevant company codes within APAC (wherever required)
- To co-ordinate and facilitate annual financial statement audits with external and internal audit firms
- Perform internal SOX self-testing when required
- Implementation of Global standardization, simplification, automation initiatives to increase efficiency and effectiveness
Your Key Responsibilities:
- Support completion of statutory audits, internal audits, and SOX testing within required timelines.
- Assist tax teams with accounting records and transactions for compliance and lodgments.
- Prepare and certify monthly Balance Sheet reconciliations via Blackline with proper supporting documentation.
- Collaborate with cross-functional teams to gather timely information for reconciliations and reporting.
- Contribute to month-end reporting preparation and reviews for corporate/APAC accounting.
- Calculate and book journal entries for month-end closing, ensuring books are closed accurately by WD4.
- Ensure intercompany balances and bank reconciliations are completed on time.
- Maintain Fixed Assets in SAP, ensuring compliance with US Group Policy and reconciliation between IGAAP and UGAAP.
- Oversee physical verification of Fixed Assets in line with company policy.
- Uphold strong internal controls through SOX self-testing and support team development.
- Drive process improvements by implementing new group templates and global initiatives in standardization, simplification, and automation.
What You’ll Need
Minimum:
- Qualified or Semi-Qualified Chartered Accountant / Cost Accountant
- 3 to 5 years of experience in relevant industry, preferably in a manufacturing environment
Your advantage:
- Qualified Chartered Accountant
- Proficiency with SAP specifically in GL & FA Modules, Advance skills in MS office- Excel and Power Point
- Demonstrated experience managing month-end closing process and financial reporting
- Specific work experience in handling audit of financial statements with strong technical accounting knowledge with GAAP/IFRS
- Strong focus on Internal Controls and Compliance
- High level of resilience and ability to work under pressure
- Excellent analytical, problem-solving and organizational skills
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer’s, Oster, NUK, Spontex and Campingaz. We are focused on delighting consumers by lighting up everyday moments.