Job Title:
Lead Financial Analyst – External Reporting & Consolidation
Summary:
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 based out of Global Shared Services, Mexico and will a part of Global Finance Shared Services Team, India which provides range of Finance Support services such as Controllership, Business & Ops, Corp FP&A, Treasury, Credit & Collection etc.
This role is essential in supporting the External Reporting Team, by working closely and independently to ensure they would impart control and responsibility for all external reporting, technical accounting and consolidation functions: to ensure global financial statements are accurate and complete in accordance with US GAAP and K-IFRS and maintaining a robust control environment. The ideal candidate will demonstrate a high level of accountability, strong work ethics, and a willingness to take on additional responsibilities as needed.
This is an office onsite role 5 days a week.
Responsibilities Include:
1. Assists the external reporting effort to ensure that the financial reporting is in compliance with K-IFRS and GAAP regulations including the preparation of the Company’s financial statements
2. Assists in establishing and driving adherence to policy throughout the organization.
3. Conducts accounting technical research and writes issue memos for accounting and disclosure matters including reviews on certain reporting matters for K-IFRS, and US GAAP
4. Maintenance of the SOX 404 documentation and related testing for the financial reporting cycle.
5. Performing special projects as needed.
6. Provides GAAP support to the various Finance leaders.
7. Assists with the annual external audit and serves as a liaison between the Company and external auditors to resolve complex accounting, auditing and reporting issues
8. Facilitating quarterly MOMH IFRS consolidations
9. Facilitating quarterly IFRS Footnotes for Korean Parent Consolidations
10. Pension subject matter resident for both IFRS and US GAAP including quarterly Pension accounting footnotes per IFRS
11. Hedge accounting and related quarterly footnote per IFRS
12. Other IFRS subject matter expertise for MOM Holdings
13. Sustenance of Lease Accelerator for compliance with ASC 842/IFRS 16 – Leases, as well as for LA’s Lease Buy decision functionality
14. Consulting, coordinating, US GAAP to IFRS Financial Statements for Korea Consolidation/Reporting Team
15. Coordination with our Korean Parent as needed
16. Acts as an IFRS Subject Matter Expert (SME) by proactively monitoring new and evolving IFRS standards, interpreting their implications for the company, and driving necessary changes in accounting policies, controls, and disclosures.
17. Owns the development and maintenance of IFRS accounting position papers, accounting manuals, and global templates used for MOM Holdings' consolidated reporting.
18. Supports Korean Consolidation and Controls (KCC) team in cross-functional and global financial transformation initiatives, including automation of IFRS disclosures, process redesign, and controls modernization projects.
19. Provides thought leadership in complex areas like revenue recognition under IFRS 15, and climate-related financial disclosure readiness (, IFRS Sustainability Disclosure Standards).
20. Leads IFRS-related trainings, knowledge-sharing forums, and technical workshops across the Finance Shared Services and Business Units to enhance internal capability.
21. Drives root cause analysis and remediation for IFRS-related audit findings and recurring consolidation errors, ensuring long-term process and control stability
Additional responsibilities:
22. Gather business requirements, analyze processes, and design solutions using SAP FICO module functionalities.
23. Serve as the primary administrator for the SAP FICO, BlackLine and OneStream applications, ensuring system availability, performance, and security.
24. Configure SAP FICO modules and OneStream Application based on business requirements, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Asset Accounting (AA), Cost Center Accounting (CCA), Profit Center Accounting (PCA), and internal orders
25. Provide ongoing support and troubleshooting for SAP FICO, Blackline and OneStream application issues
26. Ensure compliance with SAP FICO, OneStream and Blackline best practices and standards
27. Create and maintain functional specifications, configuration documents, and process documentation for SAP FICO, Blackline and OneStream
28. Provide training and support to end-users training sessions related to SAP FICO, Blackline and OneStream functionalities and best practices.
29. Monitor BlackLine and OneStream systems health, diagnose issues, and implement solutions to ensure optimal performance and user experience.
30. Conduct BlackLine and OneStream systems maintenance activities, including applying patches, upgrades, and enhancements.
31. Collaborate closely with IT and Data Governance teams to design and implement data flow integrity between SAP, BlackLine, and OneStream to ensure end-to-end traceability of IFRS adjustments and disclosures.
32. Act as the control owner for IFRS-related automated controls embedded within SAP and OneStream reporting environments, ensuring system-enabled compliance.
Travel Requirements
Up to 10%
Qualifications:
The following are required for the role
33. CPC (Contador Publico Certificado) or Active Chartered Accountant or a US Certified Public Accountant (CPA)
34. 8+ years of experience in accounting and analysis, audit, internal controls, consolidation & reporting
35. Knowledge of US GAAP and IFRS
36. Advanced understanding of SOX 404 compliance and documentation.
37. Strong analytical and problem-solving skills with strong orientation to details
38. Excellent written and verbal communication skills.
39. Ability to work effectively in a team environment and manage multiple tasks
40. Advanced/Fluent English
The following are preferred for the role:
41. Technical proficiency in Blackline configuration, administration, and troubleshooting
42. Strong project management skills and ability to make actionable recommendations and assess priorities for team members
43. Knowledge of SAP FICO module and OneStream XF functionalities and integration points with other SAP modules
44. Experiences in the chemical industry
45. General knowledge of cost accounting and manufacturing process
46. Strong interpersonal skills with the ability to interact and work effectively in a matrix environment
47. Positive attitude, adaptability, focus and ability to multitask effectively in a dynamic environment
48. Proven ability to synthesize data from company records and market sources for presentation to senior management for decision making
49. Excellent analytical skills, including expert proficiency in MS Excel
50. System knowledge: SAP, Blackline, OneStream XF, Lease Accelerator, Wdesk and Certent
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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.#BePartoftheSolution
About 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’s products forward—products 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 tosubmit 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.