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Accounting Specialist

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Dow

2mo ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
  • Mumbai
  • Quick Apply

AI generated summary

  • You must have a B.Com, CA/CPA preferred, 6-7 years in financial accounting (USGAAP/Ind AS), 2-3 years in corporate/public accounting, SAP FICO proficiency, and strong analytical skills.
  • You will handle day-to-day accounting, monthly closings, reconciliations, financial statements, support audits, assist tax reporting, and drive process improvements and automation initiatives.

Requirements

  • B.Com.
  • Chartered Accountant/US CPA (preferred)
  • Financial Accounting with USGAAP/Ind AS (6-7 years)
  • Corporate / public accounting (2-3 years)
  • Western multinational (2-3 years)
  • Highly proficient financial accountant following IGAAP and US GAAP
  • Results driven. Highly motivated with strong aspirations to achieve and develop.
  • Process-oriented mindset.
  • Interest in broad array of finance disciplines.
  • Detailed and analytical thinker.
  • Proficient in SAP finance - financial accounting module – (ECC – FICO)
  • Proficient in Microsoft office (Excel) and tax know how
  • Good communication skills.
  • Highly collaborative. Able to work across levels & roles.
  • Fluent in English (written and verbal).
  • Relocation is not available for this position.
  • The ability to accommodate flexible schedule aligned with international time Zone is essential.

Responsibilities

  • Ensure the following accounting activities are conducted timely, accurately, & to Dow’s standard:
  • Day to day accounting (USGAAP/Ind AS)
  • Monthly/quarterly/annual closing activities
  • Monthly balance sheet reconciliation in Black Line application
  • Monthly flux analysis (comparing current period trial balance with prior period and provide explanation for significant fluctuations)
  • Quarterly/year end schedules
  • Preparation of financial statements as per Indian GAAP including statutory audit schedules.
  • Ensure all internal controls are effective and performed as per the process. Support external and internal audits.
  • Support tax team on preparation of various tax reports including tax audits.
  • Participate in the development, testing, and implementation of process automation including macros and Robotics Process Automation (RPA).
  • Drive process improvements to achieve productivity gains.

FAQs

What is the primary responsibility of an Accounting Specialist at Dow?

The primary responsibility of an Accounting Specialist at Dow is to manage day-to-day accounting activities, including monthly/quarterly/annual closing, balance sheet reconciliation, and preparation of financial statements, while ensuring compliance with US GAAP and Indian GAAP.

What are the key qualifications required for this position?

The key qualifications required for this position include a B.Com degree, preferably a Chartered Accountant or US CPA, along with 6-7 years of experience in financial accounting with US GAAP/Ind AS, and 2-3 years in corporate/public accounting and with western multinationals.

Is relocation available for this position?

No, relocation is not available for this position.

What software skills are preferred for this role?

Proficiency in SAP finance - financial accounting module (ECC – FICO) and Microsoft Excel is preferred for this role.

What types of process improvements are expected from an Accounting Specialist?

An Accounting Specialist is expected to drive process improvements to achieve productivity gains and to participate in the development and implementation of process automation, including macros and Robotics Process Automation (RPA).

What benefits does Dow offer to its employees?

Dow offers a range of benefits including competitive pay, health and wellness programs, retirement plans, paid time off for various situations, opportunities for learning and growth, employee stock purchase programs, and discounts for online shopping, among others.

Are there opportunities for career development at Dow?

Yes, there are opportunities for career development through training, mentoring, and community involvement to help employees grow in their careers.

What are the communication expectations for this role?

Good communication skills, both written and verbal, are essential, and fluency in English is required.

Does the position require flexible working hours?

Yes, the ability to accommodate a flexible schedule aligned with international time zones is essential for this position.

What is the workplace culture like at Dow?

Dow fosters a workplace culture that prioritizes role-based flexibility to maximize personal productivity while balancing personal needs, along with a commitment to diversity and inclusivity.

Through our innovations, expertise and partnerships, we help deliver a sustainable future. #SeekTogether

Science & Healthcare
Industry
10,001+
Employees
1897
Founded Year

Mission & Purpose

Our ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. We combine global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance leadership to achieve profitable growth and help deliver a sustainable future. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. We operate manufacturing sites in 31 countries and employ approximately 37,800 people. Dow delivered sales of approximately $57 billion in 2022.