Senior Record to Report Process Associate

R2R Senior Process Associate

Senior Process Associate ITP - Pune

“Life Unlimited” At Smith+Nephew. We design and Manufacture technology that takes the limits off living.

This role is responsible for the delivery of effective and efficient finance transactional processes and controls from a GBS Centre as described in the S&N Finance Record to Report (R2R) taxonomy and in line with the Group Finance Manual, Minimum Acceptable Practices (MAPs) and Sarbanes Oxley requirements. Delivers the service to meet SLAs and KPIs and to ensure positive Voice of Customer feedback.

What will you be doing?

As a R2R team member the incumbent is expected to assist in all activities related to R2R, book close, Audits, inventory files, Journals and ad-hoc requests from reporting team.

Prepares and records journal entries in the General Ledger in a timely and accurate manner and in accordance with US GAAP/IFRS.

Performs variance analysis of balance sheet and P&L accounts monthly, quarterly, and annually.

Prepares balance sheet reconciliations and correcting journal entries to address reconciling items. Provides financial data schedules to support auditor and Sarbanes-Oxley (SOX) compliance requests.

Participates in SOX walkthroughs and must be able to evidence compliance with internal controls.

May be required to prepare a wide range of financial reporting applicable to scope of the assigned responsibilities.

Analyzes transactions, understands and explains variances, and proactively identifies potential problems and solutions.

Ability to recognize unusual transactions, trends, or variations and communicate findings to supervisor or manager.

Assist in Audits/Budgets and reporting team members during month end close.

Reconcile all bank accounts, ensuring that all cash movements align with accounting records.

Ensure proper allocation and reconciliation of intercompany transactions, including loans, interest payments, and funding transfers.

Collaborate with internal teams to ensure alignment of intercompany balances in HFM reporting. Prepare and reconcile monthly treasury reports, including cash position, funding, and bank account activity.

What will you need to be Successful?

• Education: Graduate / Post Graduate Degree - B.Com / M.Com / MBA.

• Minimum 3-6 years of experience in Record to Report domain.

• Well versed with using MS Office tools- Excel.

• Ability to apply logical reasoning to solve problems.

• Good written and verbal communication skills.

• SAP Knowledge is an added advantage.

• Flexible to work in any shift.

You. Unlimited.

We believe in creating the greatest good for society. Our strongest investments are in our people and patients we serve. Inclusion + Belonging – committed to welcoming, celebrating and Thriving. Learn more about our Employee Inclusion Groups on our website it on our website https://www.smith-nephew.com/.

Other reasons why you will love it here!

• Your future: Major medical coverage + Policy exclusions and Insurance non-medical limit.

• Education Assistance.

• Work / Life balance: Flexible Personal / Vacation time off, Privilege leave, Floater leave etc.

• Your Wellbeing: Parents / Parents in law’s insurance coverage also available.

• Flexibility: Hybrid work model (for most professional roles).

• Extra Perks: Free Cab Transport facility for all employees, one time meal provided to all employees as per shifts. Night Shift Allowances.

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Experience Level

Senior Level