About the role

Aplyr's Quick Take

This is a managerial role focused on finance and accounting, specifically handling month-end closing, reporting, and compliance. You'll be responsible for ensuring accurate financial records and supporting audits while collaborating with various departments. It's an individual contributor position with a significant emphasis on technical financial skills.

Good fit

Ideal candidates are those with an MBA or CA intermediate and 3-5 years of relevant experience in finance or accounting. Strong analytical skills and familiarity with SAP and RTR processes are essential, along with good communication abilities.

Worth noting

The role involves direct interaction with Big 4 auditors and may require travel up to 20%. The spec suggests a high level of responsibility with a focus on compliance and detailed financial management.

JOB DESCRIPTION:

Overview:

Individual contributor role with comprehensive knowledge in the specific area. Ability to execute highly complex or specialized projects.

Role & responsibilities:

This role requires ensures timely, accurate, and compliant accounting close and reporting. The role drives close-cycle optimisation, reconciliation quality, and audit readiness.

Month end closing & reporting:

Responsible for month end closing in SAP & Hyperion
Well versed with RTR processes.
Monthly/ quarterly schedule preparation & submission for review in Smartsheet.
Provide adequate support and documentation to other functions like taxation, credit control, payroll as & when required.
Ensure accurate booking of sales accruals, lease accounting, Debenture interest accounting & provisions.
Monthly preparation of actual P&L and sharing with stakeholders.

Tax support, statutory, internal audits & internal controls:

Responsible for & directly involved with Big 4 for statutory closing.
Support during various audits & tax assessments.
Preparation of statutory financials.
MSME and RBI reporting requirements

Inventory accounting:

Responsible for inventory management including provisioning & write off as per approval matrix.
Physical verification of inventory as per the corporate policy.

Fixed assets accounting & reporting:

Depreciation run & fixed assets accounting as per the UGAAP & Income tax act.
Physical verification of assets as per policy
Maintain records for Demo assets & reconciliation.

Candidate Requirements:

MBA / CA intermediate with minimum 3-5 years of experience.
Must have knowledge of RTR processes & GL accounting.
Good analytical and strong communication skills
Strong working knowledge of Microsoft Office and SAP.
Travelling may be required as per business need.

The base pay for this position is

N/A

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:

Accounting & Reporting

DIVISION:

ID Infectious Disease

LOCATION:

India > Mumbai : BKC Building

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Yes, 20 % of the Time

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

Aplyr's read

Abbott Laboratories is a leader in healthcare innovation, attracting professionals dedicated to advancing medical technology and patient care on a global scale.
Synthesized from recent postings & public sources

What's promising

•Abbott's diverse product range offers stability and growth opportunities.
•Strong global presence enhances career mobility and international experience.
•Commitment to R&D fosters a culture of innovation and learning.

What to watch

•Regulatory challenges can impact product launch timelines.
•High competition in the healthcare sector pressures market share.
•Complex organizational structure may slow decision-making processes.

Why Abbott

•Abbott's focus on both diagnostics and nutrition sets it apart from typical pharmaceutical companies.
•Extensive global footprint provides unique cross-border project opportunities.
•Abbott's investment in emerging markets offers growth in diverse regions.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Abbott

Abbott

abbott.com

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Abbott Laboratories is a global healthcare company that develops and manufactures a wide range of medical devices, diagnostics, nutrition products, and branded generic pharmaceuticals.