Solstice Advanced Materials

Sr Finance Analyst

Solstice Advanced Materials Karnataka, India

Manufacturing · 1,001-5,000 employees

Oct 07
financial-analyst Principal (10+ yrs) Full-time India
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About the role

The Senior Finance Analyst will own end-to-end accounting, control, and compliance for assigned entities while ensuring adherence to US GAAP and company policies. They will manage period-end closing activities, coordinate audits, and drive process improvements across financial operations.

What they look for

US GAAP Accounting Financial Reporting SAP Internal Audit SOX Compliance Balance Sheet Reconciliation Financial Analysis Tax Compliance Process Improvement Six Sigma Project Management Controllership Cost Accounting Revenue Accounting Hedging

Requirements

Candidates must hold a Bachelor's degree in Finance or equivalent, with a Chartered Accountant or ICWA qualification preferred. A minimum of 8-10 years of experience in public accounting or a similar industry, along with extensive knowledge of US GAAP and SAP, is required.

Full description

Responsibilities

Key responsibilities

  • Overall end-to-end owner of accounting, control and compliance for the assigned entities (High -Significant risk/Manufacturing/ Non-manufacturing multi SBG co codes). 
  • Ensure entity comply with US GAAP and HON policies. 
  • Own, manage and co-ordinate end-to-end accounting and control process including the period-end closing activities. Deliver a standard month end close timetable & ensure compliance across entities.
  • Troubleshoot system jobs for Month End; identify root cause & timely resolution to deliver close.
  • Exposure & understanding of technical accounting (Project, Revenue, cost accounting, assessment & distributions, COPA cycles)
  • Ensure foreign transactions including Hedging and translations are properly recorded. 
  • Own and/or support balance sheet review process. Completion of quarterly variance analysis of the B/S and P/L
  • Ensure robust controls in place and drive action to remediate deficiency
  • Manage balance sheet account reconciliation processes, ensure recons are delivered with quality and drive closure of aged / unreconciled / invalid items as per policy.   
  • Support in new SAP implementation & ensure stabilization within 3 month ends
  • Coordinate and support Internal audit, external audit and SOX Compliance

Center Entity Controller:

  • Ensuring quality & timely submission of International Tax Packs & Workbooks for 10k & 10Q fillings. 
  • Oversee the deliverables from BPO partners delivering GA operations. 
  • Ensure a regular connection with BPO partners, key stakeholders in finance and business to deliver US GAAP compliant financials.
  • Identify and lead process improvement opportunities, lead the project and ensure completion
  • Responsible for transitioning Controllership Ops activities & ensuring due diligence on all new Controllership ops transition and new work / growth
  • Partner with business on new initiatives and join projects
  • Provide financial reports, analysis, explanations and advice based on knowledge of financial info, relevant GAAP & supporting SAP systems to SBU/auditors
  • Manage the ad-hoc queries from business / in-country team / other stakeholders.

Qualifications

 

  • Bachelor Degree in Finance or equivalent with strong finance operational background 
  • Chartered Accountant/ICWA / equivalent with strong academic achievements.
  • Min 8-10 years of experience in public accounting and similar industry
  • Experience of handling financial statements of companies with international presence and hands on knowledge transition experience preferred
  • Hands on experience with SAP / Systems knowledge of SAP and HFM
  • Extensive knowledge of US GAAP 
  • Knowledge of R2R concepts, processes and best practices
  • Good working knowledge of US GAAP, Local GAAP and Sarbanes Oxley
  • Good knowledge of internal control framework / SOX at multinational setup
  • Process orientated with excellent problem solving skills
  • Strong technical and analytical skills
  • Familiar with Sarbanes Oxley and Six Sigma
  • Project mindset, can identify opportunities and lead the projects.
  • Good business acumen including company, legal entity, regulatory and compliance design 
  • Good communication skills
  • Have a passion for winning
  • Act with urgency
  • Be a zealot for growth
  • Deliver business results

 

About Solstice Advanced Materials

Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more. Solstice is recognized for developing next-generation materials through some of the industry's most renowned brands such as Solstice®, Genetron®, Aclar®, Spectra®, Fluka™, and Hydranal™. Partnering with over 3,000 customers across more than 120 countries and territories and supported by a robust portfolio of over 5,700 patents, Solstice’s approximately 4,000 employees worldwide drive innovation in materials science. For more information, visit Advanced Materials.

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