Smith+Nephew

Global medical devices for orthopedics

Reporting Accountant Specialist

Financial AccountingPosted on Nov 13

Full-timePune, Maharashtra, IndiaNo salary listed

About the Job

Requirements

A degree-level qualification and a professional qualification such as CA or CMA are required.
Three to six years of experience in record-to-report operations, with domain expertise in closing and reporting processes.
Experience analyzing financial data, drawing conclusions, and developing proposals or solutions.
Proficiency with SAP; experience with SAP, Hyperion, or Tagetik is also specified.
Basic understanding of procure-to-pay and travel and expense operations.
Working knowledge and application of Sarbanes-Oxley control frameworks.
Experience working in a large or listed entity.
Experience with transition and transformation to an offshore captive or business process outsourcing transactional finance operation.
Fluency in English and good verbal and written communication skills.
Flexibility to work the ANZ shift, 6:30 a.m. to 3:30 p.m. IST.

Responsibilities

Solve problems and recommend solutions to the record-to-report team for technical and judgmental transactions, ensuring business unit alignment with internal policies and controls and applicable external accounting and statutory frameworks.
Maintain an end-to-end understanding of the business's record-to-report processes.
Ensure transactions are documented in compliance with group standards, including Minimum Acceptable Practices, and Sarbanes-Oxley requirements where relevant.
Provide timely, high-quality group and statutory reporting, as well as ad hoc analysis and decision support to the business.
Manage requests from external and internal auditors, other advisors, and relevant country authorities.
Manage month-end close, balance-sheet reconciliation and reviews, and issue resolution.
Keep ledgers clean by resolving aged open items, reconciling differences, and maintaining high-quality, compliant master data.
Maintain standard operating procedures to meet company standard cycles and identify and challenge exceptions from global standards.
Ensure controls are executed and followed in line with Risk and Control Matrices, Sarbanes-Oxley, Minimum Acceptable Practices, and company policies, including the Group Finance Manual.
Identify opportunities to improve existing processes and drive process improvement and standardization.
Recommend future uses of tools and technology in the record-to-report domain and implement approved tools in the service offering.
Identify service and control deficiencies and shortcomings, and propose and implement solutions to resolve underlying issues.

Desired Qualifications

An MBA in Finance or a Master of Commerce is preferred; a semi-qualified accountant is also preferred.

Reporting Accountant Specialist - ANZ (Pune, India)

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

This role will be responsible for problem solving and recommending solutions to the RTR team for technical and judgmental transactions to ensure the Business Unit aligns to internal polices & controls and the relevant external accounting and statutory frameworks.

What will you be doing?

Should possess end to end understanding of R2R processes of the business.
Ensure that transactions are documented, in compliance with group standards (including the Minimum Acceptable Practices) and, where relevant, Sarbanes Oxley requirements
Responsible for high quality, timely reporting for group and statutory purposes and providing ad-hoc analysis and decision support to the business
Manage the requests from external and internal auditors, other advisors and relevant country Authorities
Should have Hands on experience in managing Month end close, Balance sheet reconciliation and Balance Sheet reviews, Issue resolution
Ensure ledgers are ‘clean’ resolving aged open items, reconciling ‘differences’ and ensuring master data is maintained to high levels of quality and compliance 
Maintain SOPs to meet S&N standard cycles.  Highlight and challenge exceptions from global standards 
Ensure controls are executed and adhered to in line with Risk and Control Matricies (RACMs) (SOX & MAPs) and wider S&N policies including the Group Finance Manual. 
Should be able to highlight improvement opportunities in existing process and driving process improvement and standardization.
Make suggestions for the future use of new tools and technology in the RTR domain and where approved, implement into the Service offering 
Identify reasons for service and control deficiencies and shortcomings and propose and implement solutions to resolve underlying issues.

What will you need to be Successful?

Education: Degree level qualification & Professional qualification (CA / CMA)
MBA Finance / M.Com. (Semi Qualified Accountant Preferable)
Experience: Should have experience of R2R Operations for at least 3-6 years and have excellent domain expertise in Closing & Reporting process.
Demonstrates experience in analyzing financial data, drawing sound conclusions, and developing proposals/solutions
Well Conversed with SAP application.
Basic understanding on P2P and T&E operations.
Team player with ability to build relationships and influence team members and wider stakeholders.
Experience of SAP / Hyperion / Tagetik.
Experience of working in a large / listed entity.
Working knowledge and application of SOX control frameworks.
Experience of transition and transformation to an offshore Captive or BPO Transactional Finance operation.
Fluency in English - Good verbal, written communication skills.
Flexible to work in ANZ shift : 06:30 AM to 03:30 PM IST.

You. Unlimited.

We believe in creating the greatest good for society. Our strongest investments are in our people and patients we serve.

Inclusion, Diversity and Equity – committed to welcoming, celebration and thriving on Diversity. Learn more about 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.

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About the Company

Smith+Nephew

Global medical devices for orthopedics

Smith+Nephew is a global medical technology company that designs and makes medical devices for orthopaedics, sports medicine, and advanced wound care. Its products help surgeons treat joints and soft tissues and support patient recovery, including knee repair systems, single-use negative pressure wound therapy devices, and other extremity orthopaedic products. These devices are used in hospitals and clinics to perform procedures and support healing, often after surgery or injury. The company differentiates itself with a broad, worldwide product portfolio and collaborations with healthcare organizations to improve care and efficiency for patients and providers. Its goal is to improve patient outcomes, streamline medical procedures, and expand access to advanced medical solutions around the world.

Company size: 10,001+
Company stage: IPO
Headquarters: Watford, United Kingdom
Founded: 1856

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