Trane Technologies India | Senior Analyst – Expense Accounting

Responsibilities

• The position will require process expertise related to shared service center operations.
• The position will require extensive business partnering with our business units and effective communication across functions and finance management and global operations.
• The expense accountant will be responsible for providing accounting services including continuous improvement of processes and internal controls as well as contributing to the overall vision for Company’s shared services evolution.
• Deliver successful transition of expense accounting finance processes from the local finance teams in the United States and Ireland (and other locations as required) to the India Shared Service Center.
• Ensure performance to targeted Global Key Performance Indicators (KPIs) to align with delivery of desired service level to the business.
• Work closely with teams across the shared services organization and in the business lines to identify and implement opportunities for efficiencies (including the ERP IT team).
• Supporting the Accounting Leader, Expense in the establishment of the expense accounting team in the India Shared Service Center including implementation of standard business processes and governance for identified processes in-scope as documented in our finance blueprint.
• Integrate expense accounting finance processes of new acquisitions into the India Shared Service Center.

Qualifications

• Goods received not invoiced accruals.
• Strong communication skills with the ability to work with cross-functional management (operations, sales, etc.) and finance management.
• Ability to build a positive rapport with personnel throughout the global organization.
• Strong customer service focus, with a drive to ensure that we exceed the expectations of our customers.
• Ability to establish & implement processes and perform in a fast-paced environment.
• Strong ability to pursue best practices in back-office operations, commitment to delivering quality results and overcoming obstacles and challenges in a time-sensitive environment.
• Ability to juggle and prioritize multiple responsibilities while remaining calm and effective under pressure.
• Bachelor’s degree in accounting/finance with a CPA or Chartered Accountant certification or other similar qualification.
• Minimum of 6 years of relevant experience, including 2 years of experience in global shared service center environment.
• Knowledge of financial systems skills and reporting tools (experience with PeopleSoft a plus).

Trane Technologies plc

Trane Technologies traces its roots to La Crosse, Wisconsin, where James Trane opened a plumbing shop in 1885; he and his son Reuben incorporated The Trane Company in 1913. Trane was later owned by American Standard and was bought by Ingersoll Rand in 2008. In March 2020 Ingersoll-Rand plc spun off its industrial business, which merged with Gardner Denver, and the remaining climate business was renamed Trane Technologies plc. Domiciled in Ireland, with its head office in Swords, County Dublin, it is listed on the New York Stock Exchange as TT. Its two brands are Trane, which makes heating, ventilation and air-conditioning systems and services for buildings and homes, and Thermo King, which makes refrigeration units for trucks, trailers and other transport. In India it operates through Trane Technologies India Private Limited, formerly Ingersoll-Rand Climate Solutions Private Limited. In Bengaluru it runs a capability centre for engineering, IT and analytics work and a shared service centre for finance; sales offices in Gurugram, Mumbai, Kolkata and Bengaluru serve Indian customers.

Its finance openings in India are in Bengaluru and include internal audit and assurance roles, from interns who have cleared both groups of CA Intermediate and completed a year of articleship up to senior manager, along with IT SOX compliance, intercompany and expense accounting, FP&A for its IT function and support for its OneStream and Oracle EPM tools. Most assurance and accounting roles ask for a Chartered Accountant or CPA, with experience from two to more than fourteen years.

• Industry: Heating, ventilation and air-conditioning systems and services (Trane) and transport refrigeration (Thermo King)
• Headquarters: Swords, County Dublin, Ireland (listed on the NYSE as TT)
• In India: Trane Technologies India Private Limited (formerly Ingersoll-Rand Climate Solutions Private Limited), with a capability centre and a finance shared service centre in Bengaluru