About Company: NetApp, Bengaluru
Are you a fresh graduate hoping to get a head start in the financial industry?
Have you ever had the desire to work for a top international company?
If so, the Financial Accountants off-campus hiring program offered by NetApp may be your ticket to a fulfilling and stimulating career.
You will learn all you need to know from this beginner’s guide, including how to apply for this amazing job, how to prepare for the interview, and what it’s like to work at NetApp. Continue reading to find out how to get hired by NetApp as an exciting Financial Accountant.
In terms of cloud data services and data management, NetApp is a world leader. Since its founding in 1992, NetApp has led the way in assisting companies in managing, protecting, and maximizing their data storage.
NetApp is a well-known company with a great work culture and reputation for being one of the greatest places to work in the world.
The Role of a Financial Accountant:
At NetApp, a financial accountant is essential to preserving the company’s financial stability.
Preparing financial records, making sure financial regulations are followed, and assisting with the company’s financial planning and analysis are all part of this job.
Financial accountants have a significant and fulfilling function because they contribute to important financial decisions and initiatives.
In addition to managing period closure activities, the general ledger accountant position is responsible for cost allocation and reporting, calculating monthly accrual and provisioning, and creating and verifying amortization schedules.
Why Choose NetApp for Your Career?
- An Initial Step for Newcomers:
NetApp provides a great atmosphere for recent graduates to launch their careers. The organization offers comprehensive mentorship and training programs aimed at assisting new hires in growing their careers and skill sets. - Possibilities for Career Advancement:
Professional development opportunities abound at NetApp. To support staff in developing their abilities and taking on new challenges, the organization provides a variety of programs and supports ongoing learning. - Vivacious and Diverse Work Environment:
NetApp promotes a vibrant and welcoming workplace environment. You will work with a varied group of experts who are dedicated to innovation and have a strong work ethic. This atmosphere encourages creativity and teamwork in addition to making work fun.
Responsibility: Financial Accountant Role
1) Month-End Account Closing Activities and Reconciliations:
- The Financial Accountant closes the books at the end of each month. This entails making certain that every financial transaction for the month has been recorded, checked, and balanced. They have to verify that every entry is correct and comprehensive, addressing any inconsistencies discovered.
- The goal is to guarantee that the financial statements accurately depict the position of the business’s finances at the end of each month.
2) General Ledger Maintenance:
- In particular, accruals—expenses incurred but not yet paid—and variances—differences between predicted and actual figures—must be recorded in the general ledger. Making sure these are accurately reflected in the accounts is ensured by preparing diary entries.
- Maintaining the completeness and correctness of the business’s financial records is the goal.
3) Perform accounting analysis for accruals, prepaid expenses, and account reconciliations:
- This entails a thorough review of the accounts to guarantee that all transactions pertaining to accruals—such as revenues or accrued expenses—and prepaid expenses—that is, expenses paid ahead of time—are accurately documented. The ledger balances are guaranteed to match the bank or financial statements by regular reconciliation.
- The goal is to guarantee that financial statements fairly depict the state of the company’s finances by finding and fixing any inconsistencies.
4) Intercompany Transactions:
- Transactions between businesses that have a number of subsidiaries or entities must be tracked down and reconciled. This covers the transfer of products, services, or money.
- The goal is to guarantee the accuracy of the consolidated financial statements and intercompany balances.
5) Analyze and perform foreign currency exchange and accounting:
- Control and document transactions in foreign currencies.
- Examine how foreign currency rates affect the financial statements.
- Make sure that foreign currency transactions adhere to accounting requirements.
6) Cost Allocation:
- Assign expenses to relevant projects or departments in accordance with predetermined standards.
- Make that cost allocation techniques are used correctly and consistently.
7) Period-End Reporting:
- For period-end financial reporting, provide thorough schedules and reports.
- Make sure every schedule supports the entire financial reporting process and is accurate and comprehensive.
8) Sub Ledger Reconciliations:
- To guarantee consistency, reconcile sub ledger balances with the main ledger.
- Look into and address any differences between the general ledger and the sub ledgers.
9) Audit Support:
- During internal and external audits, give auditors supporting documentation and explanations.
- Respond to audit inquiries and help with the creation of audit schedules.
10) Financial Reporting:
- To guarantee correctness, reconcile sub ledger accounts with general ledger accounts.
- Look into and address any disparities discovered throughout the reconciliation procedure.
11) Documentation and Compliance:
- Make ensuring that all accounting records are filed and kept in accordance with business regulations.
- To facilitate audits and reviews, keep records that are easily arranged and accessible.
12) Cash Flow Management :
- To shed light on the company’s cash status, prepare cash flow statements.
- Find and fix any cash flow statement balancing problems.
13)Adherence to Accounting Standards:
- To shed light on the company’s cash status, prepare cash flow statements.
- Find and fix any cash flow statement balancing problems.
Eligibility Criteria:
- 0–2 years of accounting experience is preferred.
- postgraduate degree in finance and accounting.
- usually doesn’t require any prior work experience.
Job Experience: Financial Accountant
- Job Designation: Financial Accountant
- Salary: 7-9 LPA
- Qualification: University degree or equivalent
- Experience: Fresher
- Organization Name: Netapp
- Website: Netapp, India
- Industry: Finance
- Type: Privately Held
- Locations: Bengaluru, Karnataka, India
- Mode: Offiline
Required Skills:
- strong aptitude for analysis and problem-solving
- Strong attention to detail Outstanding interpersonal and communication abilities
- proficiency with Microsoft Excel and accounting applications
- a thorough knowledge of financial standards and legislation
How to Apply for the NetApp Off Campus Hiring Program:
The NetApp Off Campus Hiring program application process is simple. To get started, take these actions:
- Go to the NetApp Jobs page: Go to the NetApp careers page and look for the position of Financial Accountant.
- Establish an Account: To begin the application process, register on the NetApp careers portal.
- Send in Your Application: Complete the online application, attach your résumé, and supply any other information that is needed.
A test of aptitude will be administered online to those who have been shortlisted. - Attend the Interview: The NetApp hiring team will invite selected applicants who performed well on the aptitude exam to an interview.
Tips for a Successful Application
- Customize Your Resume: Emphasize your experiences and relevant abilities that fit the job description.
- Create an Eye-Catching Cover Letter: Describe your interest in the position and how your experience qualifies you for it.
- Get ready for the test of aptitude: To increase your chances of success, practice answering common questions on aptitude tests.
Conclusion:
Getting hired by NetApp as a Financial Accountant is a great way to begin your financial career. NetApp is an ideal workplace for new hires because of its innovative approach, growth prospects, and encouraging work atmosphere.
Don’t pass up this opportunity to work for a world leader in data management products. Put in your application now to start your exciting journey towards a Financial Accountant job at NetApp.
