Job ID
R2517270
Who We Are
Applied Materials is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world – like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world.
What We Offer
You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more.
At Applied Materials, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits.
Regional Accounting Manager & SME – Legal Entity Accounting, Control & Compliance
Location: Bangalore, India
Experience: 7+ years
Industry: R&D / Technology / Global Capability Center (GCC)
🎯 Our Team
Corporate (Regional) Accounting
🎯 Your Opportunity
- To work in a highly technical (Corporate Accounting) & flexible environment with top level exposure to all operational functions & across finance verticals.
- You will be interacting with Functional Heads and management across India and outside of India as well.
- Applied continues to grow and is the #1 Semiconductor Equipment Manufacturing Company in the industry.
🎯 Role Summary
As the Regional Accounting Manager, you will be responsible for overseeing the end-to-end accounting, statutory compliance, internal controls, and financial reporting for the India legal entity. You will play a critical role in ensuring compliance with Indian GAAP, US GAAP/IFRS, and corporate policies, while partnering with global and regional stakeholders to drive process and reporting excellence with controls & compliance.
📌 Key Responsibilities
📊 Legal Entity Accounting & Reporting, Statutory Compliance & Audit
- Lead monthly, quarterly, and annual financial close processes for the India legal entity.
- Review financial statements (TB, BS and PL) in time and provide MIS report to controller and management
- Manage all accounting transactions
- Reconcile all the GL accounts on a monthly basis
- Effectively Plan, Prepare, Review and Execute smooth Statutory audit working with Big
- Ensure accurate and timely preparation of financial statements in compliance with Indian GAAP and IFRS/US GAAP.
- Manage intercompany transactions, reconciliations, and transfer pricing documentation.
- Drive automation and standardization of accounting processes.
- Monitoring and analyzing accounting data and produce financial reports or statements
- Establishing and enforcing proper accounting methods, policies and principles
- Ensuring control and compliance while enabling business
- Managing and overseeing the operations corporate accounting and drive regional and global projects
🔍 Effectively Plan, Prepare, Review and Execute smooth Statutory audit working with Big four audit manager / partner within time.
- Identify Risks to execution & plan for Mitigation.
- Analyze the impact of accounting standard & draft accounting policies accordingly
- Support paralegal compliance related to audit
- Own statutory audits, tax audit support, and regulatory filings (MCA, RBI etc.).
- Liaise with external auditors, tax consultants, and internal stakeholders to ensure timely closure of audits.
- Ensure compliance with Companies Act, FEMA, and other applicable Indian regulations.
- Provide support to tax related accounting and tax audits : Coordination with statutory auditors for annual accounts related to tax matters, Preparation of Contingent and CARO Schedule for taxation dues prescribed under companies Act.
- Identify opportunity to Automate, Digitize, Standardize (simplify) the accounting processes wherever feasible.
- Manage banking transactions
- Review tax compliances and recons like TDS, GST etc and ensure BS and PL are rightly reflected
🛡️ Internal Controls (IFC) & SOX Compliance
- Design, implement, and monitor internal controls in line with IFC, SOX and COSO frameworks.
- Conduct periodic risk assessments and control testing.
- Lead remediation of control deficiencies and drive continuous improvement.
✅ Qualifications & Experience
🎓 Education
- Chartered Accountant (CA) or CPA mandatory.
- MBA (Finance) or equivalent qualification is a plus.
💼 Experience
- 7+ years of progressive experience in accounting, audit, and compliance (post graduation).
- Prior experience in a Big 4 firm and/or MNC/GCC environment is highly desirable.
- Strong understanding of Indian GAAP, US GAAP/IFRS, and statutory compliance landscape.
- Experience managing statutory audits, tax audits, and regulatory inspections.
🧠 Skills & Competencies
- Deep knowledge of accounting systems (SAP, Oracle, etc.) and advanced Excel skills.
- Strong analytical, problem-solving, and decision-making abilities.
- Excellent communication and stakeholder management skills.
- High integrity, attention to detail, and ability to work in a matrixed global environment.
💼 What We Offer
- Opportunity to work in a high-impact role with global visibility.
- Collaborative and inclusive work culture.
- Competitive compensation and benefits.
- Career growth in a dynamic and innovation-driven environment.
📣 How to Apply
If you are a finance leader with a passion for excellence and a strong foundation in accounting and compliance, we invite you to apply and be part of our growth journey.
Mandatory to have:
Statutory audit
Accounting (US GAAP and Ind AS)
Financial statement & reporting
General Ledger & SAP
Cashflow management
Additional Information
Time Type:
Full time
Employee Type:
Assignee / Regular
Travel:
Not Specified
Relocation Eligible:
Yes
Applied Materials is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.
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