Job Information
Textron Specialist Accounts in Bangalore, India
Specialist Accounts
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 visit www.textron.com
Textron India Private Limited, headquartered in Bangalore, is a subsidiary of Textron Inc., US (hereinafter along with its subsidiaries referred to as ‘Textron 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 RESPONSIBILITIES
- 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.
- Prepare Financial Statements:
Specialist Accounts are responsible for preparing accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
- Ensure Compliance:
They ensure that the company's financial activities comply with all applicable accounting standards, regulations, and laws.
- Support Budgeting and Financial Planning:
They assist in the development and execution of budgets, financial forecasts, and other financial plans.
- Provide Financial Analysis and Reporting:
They analyze financial data to identify trends, potential issues, and opportunities for improvement.
- Support Audits:
They collaborate with internal and external auditors to ensure the accuracy and integrity of financial records.
- Manage Financial Risks:
They identify and manage potential financial risks.
- Maintain Financial Records:
They ensure the accuracy and completeness of all financial records.
- 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 Responsibility
Key Activities/Elements
% Time Spent
Transactional
§Processing, Verification, Accounting & Payments
Under 20%
20% to 35%
36% to 50%
Over 50%
MIS & related works
§Analysis & Reports
Under 20%
20% to 35%
36% to 50%
Over 50%
Compliance & Regulatory works
§TDS, GST, etc.
Under 20%
20% to 35%
36% to 50%
Over 50%
Others
§Accounting matters including Document Retention
Under 20%
20% to 35%
36% to 50%
Over 50%
KNOWLEDGE, SKILLS AND ABILITIES Indicate 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)
Bachelor's 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 (BPO's) and more on Manufacturing Firms/Service oriented firms. Accounting knowledge of paramount importance
Knowledge and skills (general and technical)
§Strong Accounting & processing knowledge
§General knowledge of corporate finance and Accounting per Indian GAAP
§Ability to multi-task
§Operating and in-depth knowledge of Accounting package Tally.
§Proficient in MS Office (Excel, PowerPoint, Word)
§Fluent in English
§Excellent written and spoken communications skills
Other requirements (licenses, certifications, specialized training, physical or mental abilities required)
§Work exposure on any ERPs like SAP, Oracle Financials, etc. would be an added advantage
Qualifications
Bachelor's 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 (BPO's) and more on Manufacturing Firms/Service oriented firms. Accounting knowledge of paramount importance
Recruiting Company: Textron India PVT Limited
Primary Location: India-Mylasandra-Bangalore
Job Function: Finance/Accounting
Schedule: Full-time
Job Level: Individual Contributor
Job Type: Experienced
Shift: First Shift
Travel: Yes, 15 % of the Time
Job Posting: 04/25/2025, 9:29:56 AM
Job Number: 332096