Senior Executive (GA Support) null

About Bayer India

Bayer discovers, develops, produces, and sells various human health products and agriculture. Bayer manufactures medicines for women's health, hematology, ophthalmology, cancer, cardiovascular ailments, and others. The company produces new technologies for applications in modern agriculture and medicine.

At Bayer, they are visionaries, driven to solve the world’s toughest challenges and striving for a world where, Health for all, Hunger for none’ is no longer a dream, but a real possibility. They are doing it with energy, curiosity, and sheer dedication, always learning from the unique perspectives of those around them.

Your role

As part of the role you are,

• Responsible to support completion and timely execution of the Accounting Operations in good quality in the area of General Ledger & Local statutory reporting Bayer Group of Companies 
• Contribute to the reliability of the books in his/her scope of responsibility allowing certification by external auditors. 

Your tasks and responsibilities:

A. General Ledger: 

• Initiate creating and changing requests for GL accounts according to defined work procedures 
• GL monitoring & clearing 
• Monitoring of Journal Voucher requests 
• Provide accrual & provision tracking as per local book balances as of March for With Holding Tax compliance and reporting 
• Balance confirmation of deposits

B. Closing: 

• Monthly Expense analysis & expense scrutiny 
• Assist in coordinating with Group Actuary & HR Department for valuation of Long-Term Employee Benefit provision 2 times in a year, accounting thereof on monthly basis and getting the same audited from Statutory Auditors for local statutory reporting 

C. Reporting: 

• Provide monthly financials MIS as per the Joint Venture agreement and quarterly financials as per local statutory requirements for consolidation with the JV partner.
• Perform XBRL (eXtensible Business Reporting Language) reporting (as prescribed by the Local Authority) for local statutory financials in a specific format 
• Checking of XBRL reporting 

D. Audit and Control & Others: 

• Preparation of variation analysis Audit schedules based on the requirement list
• Liasoning with Auditors on audit requirements (Letter of Representation/ Audit Report etc.)
• Collaboration with internal stakeholders on audit requirement
• Assist in preparing a folder for a board meeting

Training, Development & Rotations

Some development programs are introduced by the company for the progression of its employees. The objective of the Commercial Excellence Leadership Program (CELP) is to, systematically develop talent with a commercial focus to take up international general management assignments in the short to medium term. It provides talents with a steep learning curve opportunity so that at an early age potential leaders are developed.

Bayer has graduate programs that allow freshers to maximize their academic accomplishments and begin their chosen careers with a bang. Experienced professionals enjoy Bayer's onboarding program, which helps them align smoothly with the organizational workflow.

Salary & benefits

The average annual salary for the role of Senior Executive will range from INR 6 to 6.5 LPA (Source: AmbitionBox). Bayer is committed to providing state-of-the-art benefits to its employees which include:

• Comprehensive pay
• Promoting health
• Pensions
• Flexible spending accounts
• Retirement and savings plan
• Stock options
• Disability insurance
• Life insurance

To learn more about these benefits click here

Career progression

As a modern international employer, Bayer offers its employees attractive conditions and a wide range of individual development opportunities. A key aim of their personnel development strategy is to create an environment where all employees have the opportunity to develop their full potential. In the spirit of “lifelong learning”, they help employees in all fields broaden their knowledge and skills and keep up with the latest changes throughout their working lives. Support ranges from knowledge sharing and learning programs that take up new trends and perspectives. They offer employees throughout the group great opportunities for global development. International assignments are also an important element in employee development. 

Work-life balance

It has a good Inclusive work environment and provides the opportunity for all its employees, globally to work flexibly with work-from-home options if needed. Bayer offers a variety of options that allow employees to choose the most appropriate work schedule to support both their personal and professional needs. 

Culture & vibe

Bayer's culture is established on values such as Efficiency, Integrity, Leadership, and Flexibility. Bayer's management invests in the employees and creates a supportive environment for building their careers and mutual respect between co-workers. Every employee is encouraged to contribute to the company's success, resulting in a highly productive workforce.

Bayer's culture is anchored in empowerment and trust. Bayer's employees have a voice, and they are encouraged to be the best version of themselves. At Bayer, employees contribute to decision-making, are innovative, and are eager for new challenges. Bayer also has an inclusive and diverse work atmosphere. They recognize and accept differences in ethnicity, sexuality, and gender. These values make them an ideal employer and the right breeding ground for freshers and interns.

About you

To apply for this role, you must have the following eligibility criteria:

• Chartered Accountant qualification with 0-2 years working experience in Accounting dept. preferably in a manufacturing/ marketing company with articleship experience in a reputed CA firm in handling statutory audits of financials prepared under Ind AS for manufacturing/ marketing company
• Sound knowledge of local GAAP and local laws for statutory reporting requirements
• Basic knowledge of Subgroup specific related accounting practices
• Strong interpersonal and communications skills
• Good knowledge of MS office and related software
• Experience with SAP is required
• Fluent in English in writing and speaking

How to apply

To apply for this role, simply click the "Apply on employer site" button which navigates to the career page where the application can be submitted easily.

The hiring procedure generally varies according to the job.

• Aptitude Test (online).
• Group Discussion Round.
• Technical Interview.
• HR Interview.