Logo of Huzzle

Home

Matches

Explore

Manage

Associate Finance Controller

image

A.P. Moller - Maersk

Oct 16, 2024

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Pune
  • Quick Apply

AI generated summary

  • You need relevant experience or education, proficiency in IFRS and tools like SAP and Excel, ability to manage month-end closing, ensure compliance, perform reconciliations, and coordinate audits.
  • You will process accounting transactions, oversee financial operations, perform month-end activities, ensure IFRS compliance, manage audits, and recommend process improvements.

Requirements

  • The job requires previous work experience in a related area, or practical knowledge obtained via advanced education.
  • Perform month end accounting and reporting activities complying with IFRS, using SAP, BW, OneStream, MS Excel and other process specific tools.
  • Pass journal entries for monthly basis for timely book close related to accruals and provisions.
  • Review, validate and update the accounting records, reporting and ensure those are compliant with the IFRS requirements.
  • Perform Balance Sheet reconciliation and ensure that liabilities are cleared on time & no aged open items beyond SLA.
  • To ensure that adequate visibility of all items in the P&L and Balance Sheet is provided to all stakeholders and deliver necessary management reports.
  • Coordination with internal and external auditors, as required.
  • Ensure Internal controls are in place.
  • Suggest recommendations for development and implement changes to processes and systems.

Responsibilities

  • Executes day to day processing of accounting transactions within defined standard operating procedures with a purpose of achieving service delivery goals for the organisation and providing first level support for both technical and functional issues raised by end users.
  • Is a Subject Matter Expert in accounting or business transactions in a specific area of operations.
  • Accounting Operations includes accounting operations roles involved in overseeing the day-to-day financial transactions with accuracy and in compliance with regulations, accounting principals and standards.
  • Covers cost accounting (allocating and analyzing direct and indirect costs, actual vs. budgeted cost variance analysis, etc.), and budget accounting (developing and monitoring annual revenue/expense budgets for the purpose of controlling funds and measuring operating results).
  • Also covers accounts payable / accounts receivable, billing & invoicing roles.
  • Perform month end accounting and reporting activities complying with IFRS, using SAP, BW, OneStream, MS Excel and other process specific tools.
  • Pass journal entries for monthly basis for timely book close related to accruals and provisions.
  • Review, validate and update the accounting records, reporting and ensure those are compliant with the IFRS requirements.
  • Perform Balance Sheet reconciliation and ensure that liabilities are cleared on time & no aged open items beyond SLA.
  • To ensure that adequate visibility of all items in the P&L and Balance Sheet is provided to all stakeholders and deliver necessary management reports.
  • Coordination with internal and external auditors, as required.
  • Ensure Internal controls are in place.
  • Suggest recommendations for development and implement changes to processes and systems.

FAQs

What are the primary responsibilities of the Associate Finance Controller?

The primary responsibilities include executing day-to-day accounting transactions, performing month-end accounting and reporting activities, passing journal entries, reviewing and validating accounting records, performing balance sheet reconciliations, and ensuring internal controls are in place.

What skills and experience are required for this job?

This job requires previous work experience in a related area or practical knowledge obtained through advanced education, as well as expertise in accounting principles and standards, particularly IFRS.

Which tools and software will I be using?

You will be using SAP, BW, OneStream, MS Excel, and other process-specific tools for accounting and reporting activities.

How does the company ensure compliance with regulations?

The company ensures compliance with regulations by reviewing, validating, and updating accounting records to align with IFRS requirements and by implementing and maintaining internal controls.

Is there a focus on diversity and inclusion within the workplace?

Yes, Maersk is committed to a diverse and inclusive workplace and welcomes applicants without regard to various protected characteristics.

Will I need to coordinate with auditors?

Yes, you will be required to coordinate with both internal and external auditors as needed.

How can I request adjustments during the application process?

You can request special assistance or accommodations by emailing accommodationrequests@maersk.com.

What kind of accounting operations will this role involve?

This role involves overseeing day-to-day financial transactions, including cost accounting, budget accounting, accounts payable/receivable, billing, and invoicing.

image

A.P. Moller - Maersk

Transportation
Industry
10,001+
Employees

Mission & Purpose

Maersk is a global leader in integrated container logistics, providing comprehensive shipping and supply chain services. The company specialises in container shipping, port operations, and supply chain management, helping businesses around the world move goods efficiently and reliably. Maersk's ultimate mission is to simplify global trade and make it more sustainable, enabling businesses to connect with markets across the globe. Their purpose is to drive the global economy forward by offering seamless, end-to-end logistics solutions that reduce complexity, increase efficiency, and promote environmental sustainability in international trade.