Company Description
CREATIVITY IS OUR SUPERPOWER. It’s our heritage and it’s also our future. Because we don’t just make toys. We create innovative products and experiences that inspire fans, entertain audiences and develop children through play. Mattel is at its best when every member of our team feels respected, included, and heard—when everyone can show up as themselves and do their best work every day. We value and share an infinite range of ideas and voices that evolve and broaden our perspectives with a reach that extends into all our brands, partners, and suppliers.
Job Description
The Opportunity:
Opportunity to work closely with India Commercial team to drive the growth agenda for the BU. This role balances commercial Finance with Financial controlling — driving FP&A, accounting & taxation and financial controls. As a key member of APAC Finance team, work closely with Regional Finance and Commercial teams.
What Your Impact Will Be:
1. Commercial Finance:
- Evaluate the financial impact of discounts, pricing proposals, and promotional offers submitted by Sales team.
- Leading the quarterly rolling forecast and Annual Budgeting process
- Review of YTD spend vs latest forecast and variance analysis
- Support the bi-annual pricing exercise
2. Month end – Financial closing:
- Lead the month-end closing activities for India business unit and ensuring accurate and timely financial reporting including commentary vs Forecast & Budget
- Manage fixed asset accounting in coordination with Shared Services team.
3. Statutory Audit & Compliance
- Lead statutory audit engagements by preparing statutory financial statements, supporting schedules, and audit documentation.
- Serve as the primary point of contact for external auditors, coordinating audit requests and resolving queries efficiently.
- Ensure timely completion of Tax Audit and Transfer Pricing Audit in compliance with statutory regulations.
- Support year-end tax provisioning in accordance with US GAAP.
4. Inventory Valuation:
- Perform monthly inventory valuation and related account reconciliations to ensure inventory balances are accurate and fully reconciled
- Monthly costing reconciliation is prepared and signed off
- Annual Standard cost updation in ERP
5. Advertising & Promotion (A&P) Accounting
- Record month-end accruals for Advertising & Promotion expenses in accordance with US GAAP and forecasts.
- Review open purchase order commitments with the Marketing team to determine
Qualifications
What We’re Looking For:
Education & Experience
- Chartered Accountant with Industry experience
- 8-10 years of experience, including exposure to:
- Manufacturing or Retail organization, MNC experience preferred
- Financial Controlling, Statutory Audit, Sales Finance or Manufacturing Finance.
- Knowledge of Indian Accounting Standards
Capabilities & Character
- Ability to work as individual contributor
- Proven ability to coordinate across multiple stakeholders
- Fluency in English and Hindi
- Advanced MS Office proficiency, Oracle or any other ERP, Hyperion
- A collaborative partner comfortable working in a matrix organization
- Detail-oriented, organized, and deadline-driven
- Passionate about numbers and toys!
Additional Information
Don’t meet every single requirement? At Mattel, we are dedicated to an inclusive workplace and a culture of belonging. If you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.
How We Work:
We are a purpose driven company aiming to empower generations to explore the wonder of childhood and reach their full potential. We live up to our purpose employing the following behaviors:
- We collaborate: Being a part of Mattel means being part of one team with shared values and common goals. Every person counts and working closely together always brings better results. Partnership is our process and our collective capabilities is our superpower.
- We innovate: At Mattel we always aim to find new and better ways to create innovative products and experiences. No matter where you work in the organization, you can always make a difference and have real impact. We welcome new ideas and value new initiatives that challenge conventional thinking.
- We execute: We are a performance-driven company. We strive for excellence and are focused on pursuing best-in-class outcomes. We believe in accountability and ownership and know that our people are at their best when they are empowered to create and deliver results.
Our Approach to Flexible Work:
We embrace a flexible work model designed to empower a culture of growth, optimism, and wellbeing, where every employee can reach their full potential. Combining purposeful in-person collaboration with flexibility, our focus is to optimize performance and drive connection for moments that matter.
Who We Are:
Mattel is a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world. We engage consumers and fans through our franchise brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO, Masters of the Universe, Matchbox, Monster High, MEGA and Polly Pocket, as well as other popular properties that we own or license in partnership with global entertainment companies. Our offerings include toys, content, consumer products, digital and live experiences. Our products are sold in collaboration with the world’s leading retail and ecommerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering generations to explore the wonder of childhood and reach their full potential.
Mattel’s award-winning workplace culture has been recognized by Forbes, Fast Company, Newsweek, Great Place to Work, TIME, and more.
Visit us at https://jobs.mattel.com/ and www.instagram.com/MattelCareers.
Mattel is an Equal Opportunity Employer where we want you to bring your authentic self to work every day. We welcome all job seekers, and all applicants will receive consideration for employment.
Videos to watch:
The Culture at Mattel
Corporate Philanthropy