Bayer - Manager - General Accounting - CA

YOUR TASK AND RESPONSIBILITIES

The Job Holder will be responsible for managing following activities:

A. General Ledger:

- Initiate creating and changing request for General Ledger (GL) accounts according to defined work procedures

- Perform manual GL posting for special cases as defined within the activity split. Support the increase of standard cases and involve business into the defined workflows [e.g. Workflow & Posting Assistance - (WPA) tool in GL]. Support the reduction of postings as long as in line with BKA guideline. Monitoring of Accounts which are in responsibility of the country.

- Monitor Accounts/ WPA requests and perform automatic clearing

- Is responsible to do Statutory Reporting (HB I) postings and evaluation (perform plausibility checks).

- Provide accrual & provision tracking for HB I balances as on March for With Holding Tax compliance and reporting

B. Closing:

- Support the overall HB I closing process together with the Service Centre Manila (SCM).

- Review the result of different kind of processes from HB I perspective e.g. revenue recognition and follow up with business; Calculate impending losses and perform manual posting.

- Responsible for coordinating with Group Actuary & HR Department for valuation of Long Term Employee Benefit provision 2 times in a year,accounting thereof on monthly basis and getting the same audited from Statutory Auditors for HB IC.

Reporting:

- Perform actual annual reporting HB I incl. implementation of new regulation/ law, posting, review and reporting.

- Ensuring compliance with the disclosure and presentation requirements as specified by the Indian Statutes, Accounting Standards, other pronouncements of ICAI and Listing Agreement. Responsible for finding out SAP GL solution for Accounting of GAAP difference.

- Prepare additional 4 times HB I financials for Advance Tax.

- Perform XBRL (eXtensible Business Reporting Language) reporting (as prescribed by the Local Authority) for HB I financials in specific format.

D. Audit and Control & Others:

- Support external & internal audit. Perform ICS controls in his/her own area of expertise and responsibility.

- Specialized ad hoc support and project support specific to own area of expertise.

- Arranging ad-hoc Certification related to financials of the Company from Qualified Chartered Accountant/ Statutory Auditor.

WHO YOU ARE:

1. Chartered Accountant qualification with minimum 1-2 year working experience in finance and/or accounting dept. or other similar positions along 1 years HB I experience in Accounting department of manufacturing company and excellent knowledge on system settings and internal controls

2. Basic knowledge of Bayer Group accounting and reporting requirements (BRIDGE and BKA)

3. Sound knowledge of local GAAP, Stock Exchange and other local laws HB I reporting requirements

4. Basic knowledge of Subgroup specific related accounting practices

5. Strong interpersonal and communications skills

ABOUT BAYER:

Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Our products are helping to address some of today's biggest challenges, including global population growth, an aging society and the need to make efficient - and, wherever possible, sustainable - use of natural resources. We are improving people's quality of life by preventing, alleviating or curing diseases. We are helping to provide an adequate supply of high-quality food, feed and renewable plant-based raw materials. In line with our mission - Bayer: Science For A Better Life-, we aim to improve people's quality of life. For this endeavor, we focus on our core competency of developing and successfully commercializing innovative products and solutions based on scientific knowledge.