Senior Business ARC Analyst
Castrol Pune, Maharashtra, India
Oil and Gas · 5,001-10,000 employees
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About the role
The Senior Business ARC Analyst supervises a team to ensure accurate and timely end-to-end processing of general accounting, reporting, and tax functions. They are responsible for managing team performance, implementing continuous improvements, and liaising with senior stakeholders.
What they look for
Requirements
Candidates must hold a Bachelor’s Degree in Accounting and a recognized professional accounting qualification such as ACCA, CPA, or CIMA. The role requires 8-10 years of financial accounting experience and 4-5 years of team leadership experience.
Full description
Castrol is one of the world’s leading lubricant brands, serving customers and consumers in the automotive, marine, industrial and energy sectors. Castrol brands are recognised globally for their premium quality and high performance, shaped by the company’s commitment to innovation and cutting-edge technology. With products sold in more than 150 countries, Castrol has helped keep things moving on roads and racetracks, air, sea, and space for over 125 years.
Whether you're just starting out or ready for your next big move, you're in the right place to explore an exciting career with Castrol.
Job description
About the team
The Senior Business ARC Analyst supervises a team comprising of professionals and is accountable for ensuring accurate and timely recording, collection, and processing of end to end process in general accounting and reporting, fixed assets, accounts receivables, credit, accounts payable, costing, performance reporting, statutory accounting, and direct tax transactions while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance.
Key tasks
- Ensure the team’s accurate and timely delivery of end to end process in general accounting and reporting, fixed assets, accounts receivables, credit, accounts payable, costing, performance reporting, statutory accounting and direct tax services (i.e. journal postings, GL maintenance, system postings, report preparation, reconciliations, tax submissions, etc.) in accordance with SLAs.
- Manage and coordinate the reconciliation of the respective systems to ensure they balance and that any discrepancies or variations are investigated and corrected.
- Provide relevant advice and information to staff across GBS and its customers as and when required.
- Regularly track and resolve outstanding general accounting and reporting issues that have been escalated, or further escalate to the necessary parties.
- Develop the annual plans and budget for own team in support of the overall planning and budgeting for GBS Finance.
- Proactively identify, propose and implement continuous improvement opportunities in existing processes within the team.
- Liaise with senior stakeholders internally and externally.
- Leadership & Supervisory;
- Carry out people management responsibilities in accordance with the organisation’s policies and applicable laws, including:
- Plan, assign and advise on work for team members.
- Set goals and clarity expectations, provide regular feedback and conduct appraisals where required with direct reports.
- Coach team members to address process gaps, identify inefficiencies and help to embed a continuous improvement culture in the organisation
- Provide mentoring, guidance and feedback to team members to support long term career development and retention of key talent.
- Identify and provide opportunities for learning and self-development to build capability of the teams and ensure competency in performing activities. Secure resources to support development efforts.
- Continuously strive to build a culture of high-performance.
- Assign work to team members and manage resource allocation for the team and people in support of GBS service, control and cost requirements. Ensure resource allocation strategy is flexible enough to respond to demand variations.
Experience required
- Bachelor’s Degree in Accounting.
- Recognised professional accounting qualification (e.g. MIA, ACCA, CPA, CIMA).
- Minimum of 8- 10 years of experience in general and/or financial accounting.
- Minimum of 4 - 5 years’ experience in leading, developing and coaching teams. Assist and advise the Finance department during the month end closure
- Ensure 100% accuracy and timeliness of group and statutory reports in accordance to agreed service levels.
- Develop a good understanding of the customer organisation as well as the business in order to be able to deliver high quality service.
- Managing the day to day work activities of the team and ensuring the necessary skills and experience are available to meet the challenges of a demanding and complex workload.
- High level of familiarity with the various systems used for the different functions (e.g. general accounting, reporting, direct tax, etc.) in order to maintain and reconcile the accounts receivable system to ensure it balances correctly.
- Liaising with customers and colleagues in different geographical locations, time zones and potentially in different languages using different systems requiring rigorous coordination between teams.
- Managing team members who are servicing different customers in various geographical locations and using different systems.
Privacy
The Castrol entity recruiting for this role is the data controller for the personal information you provide. We use it to assess your application and to manage the recruitment and onboarding process. We may share it with service providers who support our recruitment, and it may be transferred to other Castrol entities internationally under appropriate safeguards. We keep it only for as long as necessary. For details of how we use your information and your data protection rights, contact privacy.response@castrol.com.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to Castrol recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.).
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.