Veritas Technologies Hiring for Senior Accountant (COGS & Inventory) at Pune, Maharashtra Full Time

Full Job Description
About VERITAS

Veritas solves what no one else can. With an industry-leading product portfolio, we offer proven, modern, and integrated technology that brings together availability , protection , and insights . Our Veritas Enterprise Data Services Platform addresses current and future data issues end-to-end – keeping mission-critical workloads highly available, protecting data everywhere, and providing insights to optimize costs and maintain regulatory readiness.

Veritas supports 500+ data sources, 150+ storage targets, 50+ clouds, and any deployment model imaginable. We serve 99% of the Fortune 100, 90% of the Fortune 500, and are the market leader in Software-defined Storage, Data Protection, and Archiving.

Senior Accountant (COGS & Inventory)

Veritas Technologies enables organizations to harness the power of their information, with information management solutions serving the world’s largest and most complex environments. Veritas works with organizations of all sizes, including 86 percent of global Fortune 500 companies, improving data availability and revealing insights to drive competitive advantage

At Veritas, you will enjoy an open, flexible, and supportive environment which lets you bring your ideas to life. Our commitment to development and diversity sparks innovation.

If impact, innovation and a winning culture are important to you, consider a career at Veritas

To Work as part of a 5-member team, the candidate will be responsible for managing the accounting for Veritas in relation to COGS and Inventory.

Working with the internal Supply chain team and the external Vendor, the candidate will be responsible for:

Perform and assist with the monthly, quarterly and year-end process and daily operations of the Inventory GL and COGS accounting.
Perform month-end close packages in Oracle and prepare metrics and close reports.
Review of Variance analysis (PPV / IPV / Accrual V’s Actuals)
Liaison with supply chain for changes in standard cost and update system on a frequent basis.
Reviewing the Item cost reports weekly to ensure no Zero Value Items
Analyze financial data to ensure accuracy, completeness and US GAAP compliance.
Maintain proper SOPs, accounting methods, policies and procedures for Inventory and COGS related appliance.
Reviewing P&L, balance sheet GL and reconciling monthly to provide the flux commentary to the management.
Working with Supply Chain to understand the various transactions that happen during the period, purchases, usage, scrap etc.
Preparing the monthly JV’s in relation to the Inventory reserve and Deferred COGS Accounting (using the Change in Inventory accounting method).
Preparation of specific Spare Part and inventory recs at Month end.
Support the annual audit requirements of the various Entities in accordance with the appropriate Local and SOX requirements.
Establishing and refining procedures, systems and documentation currently in place to ensure global consistency / SOX Compliance / GAAP and SEC Compliance.
Providing Relevant and timely information to Senior Management.
Working cross functionally and cross regionally.
Other Ad Hoc projects as required for example, but not limited to, backup support for the COGS, spare part inventory, royalty and AR Close

What skills, experience and education you need as a team member to succeed:

Qualified CIMA / ACCA / ACA / CPA Preferred.
Strong MS Excel and Oracle skills preferable.
OBIEE /OAC / Business Objects / Essbase experience a plus.
Ability to use their own initiative and work independently requiring little direction.
Ability to work well under pressure and tight deadlines and to be able to prioritize tasks.
Excellent attention to detail, Integrity and trust.
Excellent communication skills and strong interpersonal skills.
Work experience within a multinational environment would be an advantage

At Veritas, we care about the causes close to your heart and enable you to volunteer, donate, and do good. We also value uniqueness and know that a more diverse and inclusive workforce makes a winning team, so come as you are! Interested? Then apply and find out more about #TeamVTAS!