Job Description

Job Title:Senior Administrator - AccountingSummary: Momentive Business Services is committed to delivering exceptional value and support to our global operations. Our teams are dedicated to fostering a collaborative and innovative environment that drives success and operational excellence.
The Global Shared Services team in MBS, India plays a crucial role in this mission, working together with our counterparts across the globe by providing various support services in Finance and Business.
This role will be a part of Global Finance Shared Services Team, India which provides range of Finance Support services such Controllership, Business & Ops, Corp FP&A, Treasury, Credit & Collection etc.
This role is essential in supporting the Controllership Function, working closely and independently with their team leader to ensure the timely execution and delivery of commitments. The candidate will be expected to meet the expectations of our functional stakeholders effectively. The ideal candidate will demonstrate a high level of accountability, strong work ethics, and a willingness to take on additional responsibilities as needed.Responsibilities Include:

• Manage global revenue recognition process in compliance with company policies and accounting standards.
• Review customer contracts/addendums for rebate corrections to identify potential revenue recognition issues and ensure proper revenue treatment.
• Work closely with cross-functional teams including Sales, Legal, and Finance to ensure revenue recognition issues are addressed timely and accurately.
• Prepare and post journal entries for rebate, commission, accruals, and other adjustments.
• Analyzing financial data and providing financial recommendations
• Preparation of Bank reconciliation statement to reconcile the balances.
• Post & reconcile accounting entries for intercompany loan transactions.
• Responsible for preparing monthly/quarterly reconciliations.
• Support internal and external audits by providing necessary documentation, responding to inquiries in line with SOX and K-SOX compliance.
• Identify process improvements to enhance the efficiency and effectiveness of the process.

\xe2\x80\x8bPreferred:

• Strong analytical and problem-solving skills
• Understanding of accounting standards and regulatory requirements
• Proficient in advanced Excel, Power BI, Tableau, and PowerPoint
• Chemical industry background
• Consistently meet work and project deadlines while delivering high-quality output

Qualifications:The following are required for the role

• B.com/M.com/MBA or equivalent
• 4 to 5 years of relevant experience
• SAP experience.
• Expertise in Revenue recognition process with good knowledge of General ledger process.
• Excellent communication skills, both verbal and written
• Outstanding interpersonal skills with ability to interact effectively with all levels of management

What We Offer:At Momentive, we value your well-being and offer competitive total rewards and development programs. Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential. Together, through innovative problem-solving and collaboration, we strive to create sustainable solutions that make a meaningful impact. Join our Momentive team to open a bright future. #BePartoftheSolutionAbout Us:Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer\xe2\x80\x99s products forward\xe2\x80\x94products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more.Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law.To be considered for this position candidates are required to submit an application for employment and be of legal working age as defined by local law. An offer may be conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.Note to third parties: Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time.

Momentive Performance Materials