Senior Accountant-R2R

H&M is a fashion brand that offers the latest styles and inspiration, from fashion pieces and unique designer collaborations to affordable wardrobe essentials. Our business idea is fashion & quality at the best price in a sustainable way.  Learn more about H&M here. 

As the SSC R2R Senior Accountant, You are responsible for the daily operations of the designated areas of Record to Report processes by ensuring that the processes are handled in a timely manner. You develop and improve our way-of-working with R2R processes and are responsible for enabling efficient collaboration with relevant stakeholders, to ensure quality within our reporting.  

Job Responsibilities:

• Make sure and execute the daily operation in an efficient way within in the R2R GL Accounting area according to the SLA including but not limited to:
• Perform Preparation & review of accrual/journal entries in excel template, uploading the journal entries in Cadency tool Journal Module.
• Must possess knowledge on closing tasks in Close Module, Certification module in Cadency.
• Ensure the Reconciliation/Accounting Guidelines are followed for all the balance sheet reconciliations.
• Ensure there is regular follow-ups in place to clear open-line items in reconciliations.
• Ensure there are no duplicate journal entries processed by running reports from SAP.
• Ensure the journals parked in SAP/Assigned in Cadency tool have substantial supporting(s) before the journal is approved.
• Ensure there is dual-review process for high-value journals.
• Work closely with Team Lead in allocating/assigning the tasks to the accountants.
• Assist the accountants in case they need help on understanding the activity.
• Assist the accountants in getting the required inputs that have dependency to carry out tasks/activities.
• Actively participate in the knowledge transfer of activities, ask relevant questions, assist accountant in case of queries/doubts in the KT session.
• Document the KT session, create DRAFT/update SOP’s as per instructions.
• Track the Knowledge transfer activities.
• Ensure the Internal review of journals/reconciliations/reports performed as per the defined Stratified random sampling size/method.
• Approve GL reconciliations ensuring 100% accuracy.
• Must have very good knowledge on SAP T-code tool on booking/reviewing journal entries, extracting reports, performing account reconciliations.  FB03, FB02, FBL3n, FBL1n, FBL5n etc
• Must have very good excel knowledge on creating / maintaining trackers related to process.
• Perform peer to peer review within the team (as required)
• Should have worked in at least one or two of the functions.  And should possess domain knowledge on these functions:  Fixed Asset, Payroll, Cash, Intercompany, Inventory, Revenue accounting, OPEX.

Stakeholder Management:

• Should have good communication skills/emails which is required to ask relevant questions, liaise with other departments like AR and AP and relevant stakeholder.
• Should have good writing skills to ensure emails from various stakeholders are actioned on timely manner and responded to with adequate information.
• Being accountable and meet the legal obligations in reference to local laws, regulations, and requirements.
• Ensure clear communication to internal and external stakeholders

Knowledge & Skills:

• Accounting skills is must
• 5+ years in R2R or 7+ year of overall experience within a similar role, good knowledge of general accepted accounting practices) is an advantage.
• Process competence (incl. technical skills, communication skills, system integrations, being able to handle machine learning and automation)
• Communication skills – training others and giving both internal and external support in all communication channels and forums.
• Planning and optimize.
• Both written and oral English skills are mandatory
• Experience in working with accounting related tasks.
• Experience of running and developing new and existing accounting processes
• SAP experience is an advantage.
• Experience of having worked in a shared service center is an advantage.
• Experience of RPA is an advantage

This is a full-time position based in Bangalore.
Apply by sending in your CV in English as soon as possible. Due to data policies, we only accept applications through career page.  

Benefits
We offer all our employees at H&M Group attractive benefits with extensive development opportunities around the globe. All our employees receive a staff discount card, usable on all our H&M Group brands in stores and online. Brands covered by the discount are H&M (Beauty and Move included), COS, Weekday, Monki, H&M HOME, & Other Stories, ARKET, Afound. In addition to our staff discount, all our employees are included in our H&M Incentive Program – HIP. You can read more about our H&M Incentive Program here.

In addition to our global benefits, all our local markets offer different competitive perks and benefits. Please note that they may differ between employment type and countries.

Inclusion & Diversity
H&M is a part of H&M Group. At H&M Group, we’re determined to create and maintain inclusive, diverse and equitable workplaces throughout our organisation. Our teams should consist of a variety of people that share and combine their knowledge, experience and ideas. Having a diverse workforce leads to a positive impact on how we address challenges, on what we perceive possible and on how we choose to relate to our colleagues and customers all over the world. Hence all diversity dimensions are taken into consideration in our recruitment process.  

We strive to have a fair and equal process and therefore kindly ask you not to attach a cover letter in your application as they often contain information that easily can trigger unintentional biases. 

Location

H&M SERVICES PVT. LTD. Hub 4, 12th Floor,Karle Infra SEZ, 100 Feet Kempapura Main Road,Opposite Nagavara Lake,, Bangalore, Karnataka, India