Software as a Service Accounting Manager
Posted:
Friday, 04 April 2025
Valid Thru:
Sunday, 04 May 2025
Index Requested on:
04/04/2025 13:33:40
Indexed on:
04/04/2025 13:33:40
Location:
Bangalore, KA, , IN
Industry:
Consumer Goods
Occupational Category:
13-0000.00 - Business and Financial Operations
Type of Employment: FULL_TIME
KENVUE SOLUTIONS INDIA PRIVATE LIMITED Legal Entity, a division of Kenvue Brands LLC, is hiring!
Description:
Description Software as a Service Accounting Manager Job Description: Kenvue is recruiting for a
Software as a Service (SaaS) Accounting Manager for its Finance Operations team. As a member of our Finance Operations team, you will have exclusive access to a network of financial professionals worldwide. This network will help you build on your current skills and explore opportunities to grow your career at Kenvue.
Within Kenvue's Finance Operations team, we value ideas for innovation and improvement and are committed to diversity and inclusion. Together we will reimagine business processes to become more effective, more efficient, and improve customer experience.
This role is part of Finance Operations with the successful candidate being a valuable manager of the SaaS Accounting team. The SaaS Accounting Manager is responsible for overseeing Kenvue's accounting processes related to SaaS contracts, expense recognition, and compliance with company policy and applicable regulatory requirements.
Key Responsibilities : Process responsibilities
- Lead all activities related to SaaS accounting, ensuring accurate recognition of expenses related to SaaS contracts and compliance with relevant accounting standards.
- Oversee analysis of the financial implications of changes to SaaS contracts, providing insights on accounting treatment and financial impact.
- Collaborate with cross-functional teams to gather and validate data related to SaaS transactions.
- Develop and maintain documentation for SaaS accounting processes, including policies and procedures, to enhance efficiency and compliance.
- Oversee the monthly, quarterly, and annual financial close processes related to SaaS accounting.
- Monitor and analyze SaaS-related financial metrics, identifying trends and opportunities for process improvements.
- Prepare and present accurate and timely financial reports to Senior Management.
- Lead and support audit activities by preparing necessary documentation and responding to inquiries related to SaaS accounting.
- Support ongoing improvements and automation projects within the SaaS Accounting team.
- Recruit, onboard, and train new joiners.
- Remain updated with industry trends, changes in accounting rules, and latest technologies.
- Liaise with senior Finance leadership within Financial Operations
Compliance
- Participate in the audit process and liaise with Legal Entity Controllers to ensure sound financial practices.
- Ensure adherence, monitor, remediate and align compliance responsibilities with stakeholders.
- Manage, mitigate, and escalate risks on a timely basis.
- Ensure strong internal controls are in place to achieve SOX c ompliance.
Leadership and People Management
- Foster collaborative relationships with essential functions such as Controllership, Business Unit Finance, Technical Accounting, and other Finance Operations Managers.
- Oversee and manage the SaaS Accounting team and provide mentorship and training for career development.
- As a member of the Finance Operations team, assist in attracting, developing, and retaining a highly competent, high-performing, motivated and diverse team.
- Responsible for the retention and career development of direct reports.
- Foster an inclusive work environment and be a visible proponent of all types of diversity and inclusion to drive value creation, performance, employee engagement, and organizational health.
Travel
- Up to 5% international travel
Qualifications - A minimum of a bachelor's level degree or equivalent in accounting or finance is required.
Languages:
- Fluent English, other language skills desirable
Experience and Skills: Required:
- Bachelor's level degree or equivalent is required in accounting or finance
- Fluent English, other language skills desirable, confidence in presenting to Senior Management in English
- 6 - 8 years of professional experience
- Thorough US GAAP and IFRS accounting knowledge
- At least 2 years of Management / Supervisory experience
- Strong interpersonal skills and the ability to interact with employees at all levels
- Ability to frame clear & concise communication across all relevant stakeholders
- Be open to new ideas, rapid change and embracing new technologies
- Ability to handle ambiguity and fluid situations, demonstrating a pragmatic approach
- Successfully manage a team, be very organized and work efficiently to tight deadlines
- Ability to drive process and continuous improvement initiatives
Kenvue is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Responsibilities:
Please review the job description.
Educational requirements:
Desired Skills:
Please see the job description for required or recommended skills.
Benefits:
Please see the job description for benefits.
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