At Kenvue, we realize the extraordinary power of everyday care. Built on over a century of heritage and rooted in science, we're the house of iconic brands - including NEUTROGENA, AVEENO, TYLENOL, LISTERINE, JOHNSON'S and BAND-AID that you already know and love. Science is our passion; care is our talent.
Who We Are
Our global team is ~ 22,000 brilliant people with a workplace culture where every voice matters, and every contribution is appreciated. We are passionate about insights, innovation and committed to delivering the best products to our customers. With expertise and empathy, being a Kenvuer means having the power to impact millions of people every day. We put people first, care fiercely, earn trust with science and solve with courage - and have brilliant opportunities waiting for you! Join us in shaping our future-and yours.
Role reports to:
Finance Director - Fixed Assets, Leasing, and SaaS Accounting
Location:
Asia Pacific, India, Karnataka, Bangalore
Work Location:
Hybrid
What you will do
Kenvue is recruiting for Software as a Service (SaaS) Team Lead for its Finance Operations and Controllership team, working as a Subject matter Expert in a niche, growing area. As part of this team, you will have exclusive access to a network of financial professionals worldwide. This network will help you build on your current skills and explore opportunities to grow your career at Kenvue.
We value innovation and improvement and are committed to diversity and inclusion. Together, we will reimagine business processes for greater effectiveness, efficiencies, and improved customer experience.
In this role, you will play a key part in transforming the SaaS Accountingprocesses. The SaaS Accounting Team Lead will collaborate to drive Kenvue's accounting processes, including SaaS contract reviews, capitalization classification, and end-to end SaaS Accounting FinOps process. You will manage a team of analysts responsible for creating Internal orders, posting journals, and performing reconciliations. Additionally, you will gain hands-on experience in drafting policy and writing SOPs and transform the existing processes in line withcompany policy and applicable regulatory requirements.
Key
Responsibilities
Process responsibilities:
Assist in all activities related to SaaS accounting, ensuring accurate capitalization and recognition of expenses related to SaaS contracts and compliance with relevant accounting standards. This includes contract tracking and amortization schedule maintenance.
Analyze the financial implications of changes to SaaS contracts, providing insights on accounting treatment and financial impact.
Collaborate with cross-functional teams to gather and validate data related to SaaS transactions.
Prepare and maintain documentation for SaaS accounting processes, including policies and procedures.
Support the monthly, quarterly, and annual financial close processes related to SaaS accounting.
Monitor and analyze SaaS-related financial metrics, identifying trends and opportunities for process improvements.
Assist during audits by preparing necessary documentation and responding to inquiries related to SaaS accounting.
Recruit, onboard, and train new joiners
Remain updated with industry trends, changes in accounting rules, and latest technologies
Liaise with senior Finance leadership within Financial Operations
Compliance
Assist the team with any audit requests raised from the Legal Entity Controllership team
Adhere to company policies and procedures to comply with Generally Accepted Accounting Principles (GAAP)
Ensure strong internal controls are in place to achieve "adequate" internal and external audit ratings
Travel
Up to 5% international travel
Qualifications
A CA or equivalent qualification in accounting or finance is required.
Experience
and
Skills
Required:
CA or equivalent in Accounting, Finance or related field
4-6 years of post-qualification experience in accounting and/or finance
At least 1 year of Management / Supervisory experience
Solid US GAAP and IFRS accounting knowledge
Proficient in ERP systems (SAP preferred), and MS Office (in particular Excel)
Big 4 Audit/FAAS experience is a plus
Fluent in English, other language skills desirable. Confident presenting to senior management in English
Excellent interpersonal skills and the ability to interact with employees at all levels
Ability to frame clear & concise communication across all relevant stakeholders
Be open to new ideas, rapid change and embracing new technologies
Ability to handle ambiguity and fluid situations, demonstrating a pragmatic approach
Successfully manage a team, be very organized and work efficiently to tight deadlines
Ability to drive process and continuous improvement initiatives
Experience in a Software as a Service Accounting department
If you are an individual with a disability, please check our Disability Assistance page for information on how to request an accommodation.
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