Chief Accountant R2R, India

About SKF

SKF started its operations in India in 1923. Today, SKF provides industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the years the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.

SKF's solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value-added solutions that integrate all its five technology platforms.

About the organization: www.skf.com/in

SKF Purpose Statement

Together, we re-imagine rotation for a better tomorrow.

By creating intelligent and clean solutions for people and the planet

JOB DESCRIPTION

Job Title:             Chief Accountant R2R

Reports to:         Process Delivery Manager R2R

Role Type:          Team Manager/Individual contributor

Location:            Chinchwad, Pune

Job Roles & Responsibilities:

Responsible for managing and ensuring accurate, compliant, and timely financial reporting for one or more legal entities within the sub-region. The role supports statutory, regulatory, and corporate governance requirements while partnering closely with the CFO, Company Finance Manager, auditors, and key business stakeholders to deliver high-quality financial reporting and control.

Key Tasks & Responsibilities

Financial Reporting & Close Management

• Coordinate and oversee month-end, quarter-end, and year-end closing activities for assigned legal entities.
• Ensure timely and accurate financial reporting in compliance with IFRS, Ind AS, local GAAP, Companies Act requirements, and Group accounting policies.
• Review journal entries, balance sheet reconciliations, and financial statements to ensure completeness and accuracy.
• Support consolidation and reporting requirements for group and management reporting.

Statutory & Regulatory Compliance

• Prepare and coordinate statutory financial statements in collaboration with the Company Finance Manager.
• Ensure compliance with Companies Act, SEBI regulations, stock exchange reporting requirements, and other applicable statutory regulations.
• Coordinate filing requirements, disclosures, and regulatory submissions related to listed entity obligations.
• Monitor changes in accounting standards and regulatory requirements and drive implementation as required.

Governance, Controls & Audit

• Ensure compliance with corporate governance requirements and internal control frameworks, including IFC/SOX (where applicable).
• Coordinate internal, statutory, tax, and regulatory audits and serve as the key finance contact for auditors.
• Drive timely closure of audit observations and implementation of corrective actions.
• Support risk assessment and control monitoring activities across the reporting process.

Business Partnering & Stakeholder Management

• Act as the primary finance interface for the Company Finance Manager, CFO, Corporate Finance, and external stakeholders.
• Partner with business teams to provide financial insights, accounting guidance, and reporting support.
• Support Board, Audit Committee, and leadership reporting requirements through preparation of high-quality financial analyses and presentations.

Performance Reporting & Continuous Improvement

• Support CFO and senior management with profitability analysis, margin reviews, working capital reporting, and quarterly board packs.
• Drive process standardization, automation, and reporting improvements through SKF Business Excellence and digital initiatives.
• Lead initiatives focused on improving reporting quality, compliance, efficiency, and control effectiveness.
• Actively contribute to finance transformation projects, ERP enhancements, and process optimization initiatives.

Experience

• Qualified Chartered Accountant (CA).
• 15+ years of progressive experience in Finance, Accounting, and Controllership functions.
• Demonstrated experience within:
• Financial Accounting & Reporting
• Financial Controlling
• Statutory Compliance
• Audit Management
• Corporate Governance
• Listed Company Reporting Environment

Competency Profile

• Strong experience in a listed company environment.
• In-depth knowledge of Ind AS, IFRS, Companies Act, and regulatory reporting requirements.
• Strong understanding of financial close, consolidation, and statutory reporting processes.
• Experience managing internal and external audits.
• Knowledge of Internal Financial Controls (IFC) and governance frameworks.
• Strong analytical, stakeholder management, and business partnering skills.
• Proven ability to identify and implement process improvements.
• Advanced ERP knowledge (SAP/S4HANA preferred).
• Strong communication, presentation, and board-reporting capabilities.

Role Success Criteria

• Timely and accurate financial, statutory, and regulatory reporting.
• Zero material audit findings and strong compliance adherence.
• Effective stakeholder engagement with CFO, auditors, and business leadership.
• Continuous improvement in reporting quality, controls, and automation.
• Demonstrates ownership, accountability, collaboration, and a strong team-first mindset.
• Supports the organization in maintaining high standards of governance expected of a listed entity.

Interested candidate/s can share their resume to hema.chaudhary@skf.com