General Ledger - Senior Process Executive

Job Description Senior Process Executive (General Accounting)

Job Title: Senior Process Executive General Accounting
Function: Finance GBS
**Location:**Brookefield Bangalore, India
Employment Type: Full Time
Hybrid Model - Mon - Thurs work from home

Shift - any one shift between 7AM & 10 PM

Job Summary

Fossil Group is a global design, marketing, distribution, and innovation company specializing in lifestyle accessories. As a Senior Process Executive General Accounting, you will be responsible for end-to-end General Ledger operations, payroll processing, tax compliances, reconciliations, and statutory reporting for an assigned region. The role also contributes to process improvements, automation initiatives, and audit support while ensuring adherence to SLAs and regulatory requirements.

Key Interfaces

External:

• Auditors
• Vendors
• Statutory Authorities

Internal:

• General Accounting Team
• GBS Management
• HR, IT, Administration, Facilities & Finance
• Other relevant business teams

Job Requirements

Education:

• B.Com / M.com / MBA - Fin /CA- Inter

Relevant Experience:

• 5 - 9 years of relevant experience in General Accounting
• Strong GL and financial reporting knowledge
• Advanced Excel (complex reconciliations, data analysis)
• Analytical thinking and problem-solving skills

Behavioural Competencies:

• Strategic Thinking
• Execution Focus
• Decision Making
• Innovation & Continuous Improvement
• Global Mindset
• Stakeholder Collaboration

Technical Knowledge:

• General Accounting & GL Reconciliation
• Month end closures, Accruals, provisions, P&L, Journal, ledger etc
• Fixed Asset knowledge is preferred
• Financial Risk Management
• Accounting Systems & Data Management

Operational Excellence

• Review and validate journal entries (accruals, provisions, reclasses,
• adjustments) to ensure compliance with accounting standards.
• Identify errors or inconsistencies and ensure corrective actions are
• implemented.
• Oversee balance sheet reconciliations, ensuring all accounts are
• reconciled, reviewed, and aged items are cleared.
• Perform root cause analysis for long-outstanding reconciling items.
• Manage complex accruals and provisions, including sales provisions and estimates requiring judgment.
• Ensure appropriate documentation and justification for accounting
• treatments.
• Handle intercompany accounting and reconciliation issues, including mismatches and dispute resolution.
• Coordinate with global stakeholders to ensure timely closure of intercompany balances.
• Review fixed asset accounting and lease accounting activities, ensuring compliance with accounting policies and standards.
• Validate depreciation, amortization, and lease adjustments.
• Drive month-end and year-end close activities, ensuring timelines are met and deliverables are accurate.
• Review MIS reports and financial schedules before submission to leadership.
• Act as a key point of contact for audits, preparing detailed schedules and addressing auditor queries.
• Ensure all documentation is audit-ready and compliant.
• Mentor and guide Process Executives, reviewing their work and providing feedback for quality improvement.
• Support training and knowledge sharing within the team.
• Identify and implement process improvements and standardization initiatives to enhance efficiency.
• Support automation efforts and streamline manual processes.

Stakeholder Management

• Build strong working relationships with internal stakeholders to ensure smooth coordination and service delivery
• Collaborate with auditors and external partners to support efficient business operations

Governance & Compliance

• Ensure compliance with internal controls, policies, and regulatory standards
• Proactively identify risks and support corrective and preventive actions
• Promote a strong compliance and governance culture within the team