Specialist at Novonesis in Bangalore

Job description

Interested in a career that matters? 
 Interested in a career that matters? Join Novonesis as a Specialist, Project & Asset Accounting in Bangalore and help provide the financial insight, governance, and control that support major business and capital projects. You will be part of a collaborative finance organization that partners closely with project managers, controllers, and business stakeholders to deliver accurate financial reporting, effective cost management, and informed decision-making. In this role, you will contribute to the successful execution of significant business initiatives by ensuring financial transparency, compliance, and strong accounting governance across project and asset lifecycles. The Role & Your Impact As a Specialist, Project & Asset Accounting, you will combine project accounting and controllership responsibilities with General Accounting and Fixed Asset Accounting expertise. Your work will span financial analysis, project reporting, forecasting, month-end activities, and asset accounting, ensuring reliable financial information and strong support for business decision-making. Your key responsibilities will include: Supporting major business and capital projects from initiation through closure, monitoring budgets, commitments, actual costs, and forecasts while ensuring appropriate accounting treatment. Performing project cost, variance, and financial performance analysis, identifying financial risks, potential cost overruns, and opportunities for optimization while providing actionable insights to stakeholders. Preparing monthly, quarterly, and ad hoc financial reporting and supporting leadership reviews with meaningful analysis and decision-support information. Performing General Accounting activities, including month-end, quarter-end, and year-end close processes, journal entries, accruals, provisions, reconciliations, and balance sheet reviews. Owning key Fixed Asset Accounting activities, including capitalization, asset master data management, Asset Under Construction (AUC), project settlements, depreciation, asset reconciliations, and audit support. Driving continuous improvement, automation, and digitalization initiatives across project accounting, reporting, and asset accounting processes. What You'll Need to Be Successful To succeed in this role, you bring strong accounting expertise combined with analytical capabilities and stakeholder management skills. Required qualifications and experience: Bachelor's degree in finance, Accounting, Commerce, or a related field. Strong knowledge of Project Accounting and Project Controllership, including budgeting, forecasting, cost management, and variance analysis. Strong understanding of General Accounting principles and month-end close processes. Extensive Fixed Asset Accounting experience covering capitalization, Asset Under Construction (AUC), depreciation, and asset reconciliations. Hands-on experience with SAP ECC and/or SAP S/4HANA, including Project Systems (PS), Fixed Assets (AA), and General Ledger (GL) modules. Advanced Excel skills for financial analysis and reporting. Strong knowledge of accounting standards, internal controls, and financial governance practices. Excellent analytical and problem-solving skills. Strong communication and stakeholder management capabilities. High attention to detail and the ability to manage multiple priorities independently. Professional proficiency in English. Additional Skills & Interests We Value The following qualifications are considered advantageous but are not required: Experience supporting large capital investment projects or transformation initiatives. Exposure to project settlements, WBS structures, CAPEX accounting, and project financial governance. Experience working within a multinational organization or shared services environment. Experience partnering with global cross-functional stakeholders. Knowledge of Power BI or other reporting and visualization tools. Interest in process automati