Full-Time
Accounts Officer for Accounts Receivable
Treasury & Fixed Assets
Updated on 9/3/2026
Continental
10,001+ employees
Automotive technology provider for mobility
No salary listed
Kesurdi, India
In Person
Bachelor's, Master's
 Accounting (1) |
|---|
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- A B Com degree with 5–7 years of experience or an M Com degree with 3–5 years of experience.
- Experience maintaining books of accounts and finalizing them according to Indian law.
- Working experience with SAP R3 in the FICO module; experience in S4 HANA is an added advantage.
- Advanced-level knowledge of Excel.
- Experience handling banking transactions.
- Understanding of cost centers and special general-ledger indicators.
- Experience working to tight deadlines.
- Capability to handle cross-functional interactions with Human Resources, Sales, Purchase, and Production.
- Good written and oral communication skills in Hindi, Marathi, and English.
- Verify and post customer receipts and transactions.
- Maintain customer master data related to Financial Accounting.
- Evaluate customer credit limits periodically.
- Draft correspondence for past-due accounts and collections.
- Follow up regularly with customers and escalate recovery issues to the Sales team in a timely manner.
- Identify defaulters by reviewing accounts and payment habits and highlight them promptly.
- Reconcile accounts receivable periodically, including customer balances against the receivables general-ledger balance.
- Support month-end closing activities.
- Support the preparation and filing of Tax Collected at Source, Tax Deducted at Source, and Goods and Services Tax work.
- Support statutory and tax audits by preparing relevant schedules.
- Respond promptly to customer queries.
- Assist with financial management and analysis.
- File invoices for timely retrieval.
- Liaise with banks on fixed-deposit opening and closure, GR Waiver issuance and closure, and IDPMS and EDPMS clearance.
- Process vendor, salary, tax, and duty payments.
- Prepare the daily Bank Reconciliation Statement and monthly cash-flow statement.
- Review the daily cash position.
- Invest idle funds in short-term options to optimize their utilization.
- Ensure sufficient funds are available for ongoing operational and capital-investment requirements.
- Comply with local laws and regulations governing foreign-exchange transactions and settlements.
- Prepare RBI and FEMA reports for overdue import payments.
- Coordinate with other departments to ensure correct accounting.
- Support daily, monthly, and periodic management-information-system reports.
- Review accounting records for accuracy and regulatory compliance.
- Collaborate with departments on fixed-asset acquisition, transfer, and disposal processes.
- Perform physical verification and tagging of fixed assets at capitalization.
- Ensure accounting completeness and documentation before capitalization.
- Capitalize and decapitalize assets in SAP.
- Record monthly depreciation.
- Prepare monthly fixed-asset schedules under IFRS and Indian GAAP.
- Conduct annual impairment reviews.
- Prepare fixed-asset schedules for audits, assessments, and other requirements.
- Prepare fixed-asset schedules for budgets.
- Stay current with Indian accounting standards and tax regulations relating to fixed assets.
- Experience with S4 HANA.
Continental creates technologies and services that support sustainable and connected mobility for people and goods. Its offerings span safety, efficiency, intelligence and affordability for vehicles, machines, traffic and transportation. The company operates worldwide and generated €41.4 billion in sales in 2023 with about 200,000 employees across 56 countries. Its goal is to enable safe, efficient and connected mobility for people and their goods.
Company Size
10,001+
Company Stage
IPO
Headquarters
Hanover, Germany
Founded
1871
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Simplify's Take
What believers are saying
- Q2 2026 adjusted EBIT beat expectations, driven by premium tires and lower inputs.
- The July 2026 ContiTech sale unlocks €3.1 billion cash and €2.5 billion returns.
- Management targets 2026 tire margins of 13.0 to 14.5 percent despite volatility.
What critics are saying
- Reuters reported 3,000 more job cuts through 2026, including Nuremberg closures.
- Raw-material costs reverse in second half 2026, creating a triple-digit-million-euro hit.
- An antitrust block delays ContiTech sale and undermines Continental's 2026 refocus.
What makes Continental unique
- Continental's premium 18-inch-plus tires win share in replacement markets.
- The July 2026 ContiTech sale makes Continental a pure-play tire maker.
- Its global plant network spans 150 countries and supports OEM and replacement sales.
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Benefits
Performance Bonus
Company News
Continental AG, a German semiconductor specialist, listed on the Shanghai Stock Exchange on 27 July, becoming China's largest listed firm by market capitalisation. The debut set records for price appreciation and turnover, with the stock added to the MSCI China All-Share Index. The company's recent quarterly reports show strong DRAM growth, driven by demand in high-performance computing and data-centre applications. Continental's R&D spend reached €150 million last year, representing 10% of revenue. Continental's chairman announced a share-repurchase plan running from December to July next year, aimed at share cancellation and capital reduction. The company plans no further capital reduction for 12 months, followed by a scheduled increase targeting €10 billion cumulative value. The listing provides Continental access to local financing and potential regulatory advantages in China's semiconductor market.
Continental's plastics technology subsidiary Contitech will cut 3,000 jobs globally, including 1,600 in Germany, following an agreement with the IGBCE union on framework conditions. The company said some affected activities will be relocated abroad, whilst operational redundancies will be avoided until at least the end of 2030. The cuts form part of Continental's cost-saving programme announced in November, targeting €150 million in annual savings from 2028. The agreement includes voluntary programmes, early retirement arrangements and job placement support for affected workers. IGBCE executive board member Francesco Grioli said whilst job cuts cannot be prevented, the agreement mitigates impact on employees and secures investment commitments for German sites. Contitech pledged to make all measures as socially responsible as possible.
Continental AG reported full-year 2025 sales of €19.7 billion with 0.8% organic growth, alongside adjusted EBIT of €2 billion and a 10.3% margin. The company proposed a dividend of €2.70 per share, representing a 4.8% yield. The tyre segment showed resilience with 2.4% organic growth and €3.6 billion in Q4 sales, achieving a 13.9% adjusted EBIT margin. However, ContiTech faced headwinds with a 5.2% organic decline in Q4 due to challenging automotive and industrial markets. Continental reduced net debt, improving its leverage ratio to approximately 2.0. For 2026, the company projects sales of €17.3 billion to €18.9 billion with an adjusted EBIT margin of 11% to 12.5%, whilst navigating anticipated declines in light vehicle production and challenging market conditions in the Americas.
German automotive parts maker Continental reported a net loss of €165 million for fiscal 2025, compared with a profit of €1.168 billion the previous year. Sales declined to €19.676 billion from €20.077 billion. The company's earnings were impacted by €1.2 billion in non-cash special effects from the Aumovio spin-off and planned OESL sale. Adjusted operating result fell to €2.035 billion from €2.212 billion, whilst the adjusted EBIT margin decreased to 10.3% from 11%. Despite the loss, Continental will increase its dividend to €2.70 per share, up €0.20 from last year. For fiscal 2026, the company anticipates consolidated sales of €17.3 billion to €18.9 billion with an adjusted EBIT margin of 11% to 12.5%, citing continued market volatility.
Continental has acquired Slovakian mold specialist EMT Púchov s.r.o, taking over all shares from majority shareholder Dynamic Design (Romania) in early April. The acquisition enhances Continental's internal technology portfolio, allowing it to independently produce tire molds for various applications. All 107 employees with specialized knowledge were retained. Grant Thornton's cross-border team from Germany and Slovakia conducted financial and tax due diligence. Continental reported a 2023 revenue of €41.4 billion.