AbbVie is Looking for RTR & STAT Lead at Bengaluru Full Time

• Statutory accounting responsibilities

• Preparation of statutory financial statements including notes to accounts

• Participate/review US GAAP month close process with primary focus to identify adjustments necessary for local GAAP:

• Regular reconciliation of US and local GAAP ledgers to ensure integrity of data

• Maintain local GAAP balance sheet reconciliations and adjustments

• Conduct balance sheet reviews periodically

• Prepare Standard Operating Procedures & Flow charts to ensure local GAAP requirements are documented and necessary processes are in place.

• Co-ordinate Statutory audits:

• Support Sr Mgr, FSS, India & Finance Director in execution of local statutory audits

• Manage the Statutory calendar

• Support the process of local tax provision calculation and income tax return

Tax responsibilities

• First point of communication for all direct and indirect tax matters

• Work closely with third party service providers and Tax Centre of Excellence to plan and support tax compliance activities

• Ensure inputs required for tax return preparation are received, reviewed and submitted timely.

• Track adjustments needed based on filed returns, perform journal entries to ensure ledger balances tie to returns

• Ad hoc assistance on VAT related matters (audits, questions tax authorities, tax coding questions, ad hoc checks and reconciliations)

• Review and sign off all tax related balance sheet accounts reconciliations prepared by third party provider (BPO).

R2R Responsibilities

• Maintain US GAAP and local ledgers including the preparation and/or review of related journal entries and reconciliations

• Prepare and review financial and accounting analysis involving complex transactions including but not limited to general accounting, fixed assets, intercompany and financial reporting activities/transactions

• Prepare and provide to Finance Director/s variance analysis between actual and planned financial data

• Provide accounting treatment in line with Group policies for Affiliates

• Maintain Chart of Accounts in consultation with affiliates

• Coordinate Statutory/Fiscal Reports process with 3rd parties

• Complete transfer pricing and costing activities in accordance with company and local requirements

• Prepare affiliate Balance Sheet, DSO and Entity plan and to provide monthly variance commentary as needed

  Systems

• SAP

• MS Office

• Reconciliation tool (blackline)

• Bachelor’s degree in Finance or Accounting. CA, ACCA, CPA, CIMA or equivalent qualifications is a plus.

• 5-8 years of progressive experience in accounting, planning and financial analysis

• Experience with SAP required.

AbbVie is committed to operating with integrity, driving innovation, transforming lives, serving our community, and embracing diversity and inclusion. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.