Job Description

Textron Inc. (NYSE: TXT) is not only one of the world's best-known multi-industry companies, it is a pioneer of the diversified business model. Founded in 1923, we have grown into a network of businesses with total revenues of $13.7 billion, and approximately 34,000 employees with facilities and presence in 25 countries, serving a diverse and global customer base. Headquartered in Providence, Rhode Island, U.S.A., Textron is ranked 308 on the FORTUNE 500 list of largest U.S. companies. Organizationally, Textron consists of numerous subsidiaries and operating divisions, which are responsible for the day-to-day operation of their businesses. For more details, please visitTextron India Private Limited, headquartered in Bangalore, is a subsidiary of Textron Inc., US (hereinafter along with its subsidiaries referred to as xe2x80x98Textron Group). Textron India undertakes design and development services, to provide engineering and technology solutions to the business units of Textron Group in the engineering design space. Textron India also provides IT support services and marketing support services to Textron Group. One of Textron Business, Kautex, manufacturer of Fuel systems, headquartered in Germany has its Manufacturing plant at Ahmedabad, Gujarat and Pune, Maharashtra. Kautex India is a division of Textron India.POSITION SUMMARY(Specialist Accounts Primary responsibilities Books of Accounts)Specialist Accounts manage financial transactions, prepare accurate financial statements, and ensure compliance with accounting standards and regulations. They support monthly book closure, GL Reconciliation, budgeting, financial planning, and audits, while providing financial analysis and reporting to identify trends and opportunities. Additionally, they manage financial risks, maintain financial records, and collaborate with other departments to ensure timely financial information.PRINCIPAL RESPONSIBILITIESxc2xb7 Manage Financial Transactions:This involves ensuring the accuracy and timeliness of all financial transactions, including accounts payable and receivable, bank reconciliations, and general ledger maintenance.xc2xb7 Prepare Financial Statements:Specialist Accounts are responsible for preparing accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.xc2xb7 Ensure Compliance:They ensure that the company's financial activities comply with all applicable accounting standards, regulations, and laws.xc2xb7 Support Budgeting and Financial Planning:They assist in the development and execution of budgets, financial forecasts, and other financial plans.xc2xb7 Provide Financial Analysis and Reporting:They analyze financial data to identify trends, potential issues, and opportunities for improvement.xc2xb7 Support Audits:They collaborate with internal and external auditors to ensure the accuracy and integrity of financial records.xc2xb7 Manage Financial Risks:They identify and manage potential financial risks.xc2xb7 Maintain Financial Records:They ensure the accuracy and completeness of all financial records.xc2xb7 Collaborate with Other Departments:They work with other departments to ensure accurate and timely financial information.Note: These statements are intended to describe the general nature of the job and are not intended to be an exhaustive list of all responsibilities, skills, and duties.Area of ResponsibilityKey Activities/Elements% Time SpentTransactionalxc2xa7 Processing, Verification, Accounting & PaymentsUnder 20%20% to 35%36% to 50%Over 50%MIS & related worksxc2xa7 Analysis & ReportsUnder 20%20% to 35%36% to 50%Over 50%Compliance & Regulatory worksxc2xa7 TDS, GST, etc.Under 20%20% to 35%36% to 50%Over 50%Othersxc2xa7 Accounting matters including Document RetentionUnder 20%20% to 35%36% to 50%Over 50%KNOWLEDGE, SKILLS AND ABILITIESIndicate the education level, previous experience, specific knowledge, skills, and abilities required to meet minimum requirements for this position.Education level and/or relevant experience(s)Bachelors Degree in Commerce with CA Inter, ICWA Inter or CA Articleship training. Minimum of 4 years experience in related areas.Less preference for Candidates from Back-office Firms (BPOs) and more on Manufacturing Firms/Service oriented firms. Accounting knowledge of paramount importanceKnowledge and skills (general and technical)xc2xa7 Strong Accounting & processing knowledgexc2xa7 General knowledge of corporate finance and Accounting per Indian GAAPxc2xa7 Ability to multi-taskxc2xa7 Operating and in-depth knowledge of Accounting package Tally.xc2xa7 Proficient in MS Office (Excel, PowerPoint, Word)xc2xa7 Fluent in Englishxc2xa7 Excellent written and spoken communications skillsOther requirements (licenses, certifications, specialized training, physical or mental abilities required)xc2xa7 Work exposure on any ERPs like SAP, Oracle Financials, etc. would be an added advantageQualificationsBachelors Degree in Commerce with CA Inter, ICWA Inter or CA Articleship training. Minimum of 6 years experience in related areas.Less preference for Candidates from Back-office Firms (BPOs) and more on Manufacturing Firms/Service oriented firms. Accounting knowledge of paramount importance

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