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Associate II, Record to Report (RTR) – India is responsible for performing end-to-end Record to Report activities for India entities, ensuring accurate financial reporting, compliance with IFRS, local statutory requirements, and Alcon accounting policies. The role supports period-end close, revenue recognition, equipment financing reporting, general ledger accounting, balance sheet reconciliations, and audit requirements while maintaining a strong control and compliance environment.
The position serves as a key finance partner to local and regional stakeholders, working closely with Accounts Payable (AP), Accounts Receivable (AR), Fixed Assets (FA), Intercompany (IC), Business Planning & Analysis (BPA), Tax, Local Finance, and external auditors to ensure timely and accurate financial reporting. The role also drives process standardization, continuous improvement initiatives, and automation opportunities to enhance operational effectiveness and service delivery.
Additionally, Associate II is responsible for ensuring compliance with applicable SOPs, accounting policies, internal controls, regulatory requirements, and audit standards while delivering high-quality RTR services in accordance with agreed SLAs, KPIs, and AGS quality standards.
KEY RESPONSIBILITIES
Service Deliveries:
Perform end-to-end Record to Report (RTR) activities, including general ledger accounting, journal entry preparation, period-end close activities, and group consolidation reporting.
Execute month-end, quarter-end, and year-end close activities in accordance with close calendars and service level agreements.
Recognize revenue in accordance with IFRS standards and Alcon Manual of Accounting requirements.
Perform monthly sales deferral and accrual accounting activities.
Record revenue-related deductions, including sales return provisions, warranty provisions, sales discounts, and free goods provisions.
Perform monthly equipment financing reporting and related accounting entries.
Prepare and post journal entries, accruals, provisions, and accounting adjustments with appropriate supporting documentation.
Perform balance sheet reconciliations, account substantiation, and timely resolution of reconciling items.
Review Profit & Loss and balance sheet movements, identify variances, and provide meaningful explanations to stakeholders.
Prepare financial schedules, management reporting, and supporting analysis for internal and external reporting requirements.
Support group reporting and consolidation processes in accordance with established timelines.
Ensure compliance with accounting policies, reporting standards, and internal control requirements.
Identify process inefficiencies and support automation, standardization, and continuous improvement initiatives.
Manage Day-to-Day Activities:
Manage daily RTR operations and ensure timely completion of all assigned accounting activities.
Analyze financial transactions and ensure accurate recording in SAP and other financial systems.
Review journal entries, accrual calculations, reconciliations, and supporting schedules for completeness and accuracy.
Investigate accounting discrepancies, unusual transactions, or reporting variances and implement corrective actions.
Monitor open reconciliation items and coordinate with relevant stakeholders to resolve aging balances.
Support SAP closing activities, issue resolution, and reporting requirements as needed.
Collaborate closely with AP, AR, FA, IC, BPA,…