Senior Accounting Specialist

Senior Accounting Specialist

At Dow, we believe in putting people first and we’re passionate about delivering integrity, respect and safety to our customers, our employees and the planet.  

 

Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. We’re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration. If you’re looking for a challenge and meaningful role, you’re in the right place. 

About You and the role

As an Senior Accounting Specialist based in Navi Mumbai you will play a critical role in maintaining the accuracy and completeness of the company’s financial records in compliance with US GAAP and local statutory requirements. This position demands strong technical accounting expertise and ability to apply accounting principles across financial work processes while ensuring adherence to established functional business rules, accounting policies and internal controls. You will lead monthly, quarterly, and annual closing activities, perform reconciliations, conduct flux analysis to explain significant variances, and proactively partner across functional partners.   In addition, you will collaborate with cross-functional teams to deliver timely and precise reporting. The role also offers opportunities to contribute to process improvements and automation initiatives driving efficiency and innovation. Your work directly impacts the quality of financial reporting and compliance, requiring attention to detail, analytical thinking, and strict adherence to company guidelines.

Key Responsibilities

Ensure timely and accurate execution of accounting activities in line with company standards, which could include:

• Identify and appropriately communicate potential risks and identify improvement opportunities
• Records, monitors, reports, and communicates function/business results, and ensures activity is accurate, complete, and compliant to accounting standards
• Knowledge of US GAAP, local GAAP and accounting policies
• Monthly, quarterly, and annual closing activities
• Quarterly reconciliations including Blackline
• Monthly flux analysis (comparing current and prior period trial balances and explaining significant fluctuations)
• Preparation of quarterly and year-end schedules
• Execute and monitor 3rd party contracts
• Leads cost flow and product costing reviews
• Manages cost-object master data, assists internal partners in managing their cost / expense performance, Variance Analysis and ensures expenses are recorded in the appropriate period
• Leading annual budget process, Reviewing with the stakeholders and reporting to Leadership team
• Facilitate SOX compliance activities
• Monitor and maintain work processes to ensure internal controls in data integrity
• Provides financial analysis to function/business management teams as needed for project studies, options analysis, and productivity/benchmarking measurements, and establishes and maintains an ongoing working relationship with other sub-processes and functions

• Maintain effective internal controls and support external and internal audits. Assist the tax team with preparation of tax reports and audits.  Drive continuous process improvements to enhance productivity and efficiency.

Qualifications

• Bachelor’s degree in commerce, CMA CA or US CPA preferred.
• Minimum 8+ years of experience in financial accounting with US GAAP.
• Proficient in financial accounting
• Fluent in English (both written and spoken)
• Advanced skills in Microsoft Office, Power BI, Power Query, and Excel

Your Skills

• Strong analytical mindset
• Excellent communication skills
• Detail-oriented approach to processes
• Highly collaborative and able to work effectively across levels and functions

Additional Notes

• Relocation assistance is not available with this position.
• The ability to accommodate flexible schedule aligned with international time zone is essential.

Benefits – What Dow offers you 

We invest in you. 

Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career. You bring your background, talent, and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.  

Here are just a few highlights of what you would be offered as a Dow employee: 

• Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives. 
• Benefits and programs to support your physical, mental, financial, and social well-being, to help you get the care you need...when you need it. 
• Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources to help you achieve your long term financial-goals. 
  • Employee stock purchase programs (availability varies depending on location).
• Student Debt Retirement Savings Match Program (U.S. only).
  • Dow will take the value of monthly student debt payments and apply them as if they are contributions to the Employees’ Savings Plan (401(k)), helping employees reach the Company match.
• Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs. Travel insurance is also available in certain countries/locations.
• Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building. 
• Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs. 
• Competitive yearly vacation allowance.
• Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).  
• Paid time off to care for family members who are sick or injured.  
• Paid time off to support volunteering and Employee Resource Group’s (ERG) participation. 
• Wellbeing Portal for all Dow employees, our one-stop shop to promote wellbeing, empowering employees to take ownership of their entire wellbeing journey.
• On-site fitness facilities to help stay healthy and active (availability varies depending on location).
• Employee discounts for online shopping, cinema tickets, gym memberships and more.
• Additionally, some of our locations might offer:
  • Transportation allowance (availability varies depending on location)
  • Meal subsidiaries/vouchers (availability varies depending on location)
  • Carbon-neutral transportation incentives e.g. bike to work (availability varies depending on location)

Join our team, we can make a difference together.

About Dow Chemical International Pvt Ltd

Dow Chemical International Private Limited (Dow India) aims to be the most innovative, sustainable, inclusive customer-centric materials science company. The company is committed to delivering the right solutions to its customers’ challenges. With broadest technology sets spanning performance materials, industrial intermediates, and plastics Dow India delivers differentiated science-based products and solutions in high-growth segments, such as packaging, infrastructure, automobile, and consumer care.

A Great Place to Work® Certified company with approximately over 1000 employees, its operations comprise of manufacturing sites, innovation center, established centers of excellence, and commercial office. As a responsible corporate, the company supports its Corporate Social Responsibility (program) with technology expertise and employee volunteerism. Dow India works with non-profit partners towards the empowerment of differently abled, women, and children in communities where it operates. The company aims to redefine the societal blueprint, by supporting holistic sustainability and circular economy initiatives.

As part of our dedication to inclusion, Dow is committed to equal opportunities in employment. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available on www.dow.com.

Experience Level

Senior Level