Satyaranjan Jena

Head - Accounting Operations - Merck Group, Guest Faculty - Indian Institute of Management (IIM)/ Institute of Management Technology (IMT)

Role
Head - Accounting Operations & Business Partner at Merck Group
Location
Bengaluru, KA, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Satyaranjan Jena

As a seasoned finance leader with over 17 years of experience, I\'ve established myself as a trusted expert in financial management, reporting, and compliance. My career spans leading roles at prominent organizations, including Daimler India Commercial Vehicles, Volvo Group, and currently, Merck Group. At Daimler, I led the GL, Closing/Reporting & Fixed Asset Team, overseeing financial closings, audits, and reporting under Indian GAAP and IFRS. As Chief Accountant at Volvo Group, I was responsible for financial reporting, compliance, and process development, including GST reconciliation, balance sheet reconciliation, and fraud investigations. Now, as Head of Accounting Operations and Business Partner at Merck Group, I\'m building and leading the Accounting Business Partner team from the ground up, driving strategic initiatives, financial planning, and process automation. Throughout my career, I\'ve demonstrated my ability to lead high-performing teams, drive financial excellence, and provide actionable insights to top management. My expertise spans financial reporting, compliance, audit management, and strategic business partnering, with a proven track record of delivering results in complex and dynamic environments

Experience

  1. Head - Accounting Operations & Business Partner

    Merck Group

    Jan 2025 — Present · Bengaluru, IN

    I have joined Merck India as Head of Accounting Operations and Accounting Business Partner. In this role, I am responsible for leading and building the Accounting Business Partner team in Bangalore from the ground up. This team plays a critical role within Merck, overseeing key functions such as month-end closing, preparation of financial statements in compliance with IFRS, and coordination with auditors to ensure timely audit closures. Additionally, we actively contribute to strategic initiatives including mergers and acquisitions, business structuring, ERP implementation, and process automation, supporting Merck’s financial integrity and operational efficiency.

Education

  • The Institute of Chartered Accountants of India

    Chartered Accountant, Accounting, Taxation, Financial Management

    2004 — 2008

  • North Orissa University

    B.COM, Accounting

    2000 — 2003

Skills

  • International Financial Reporting Standards (Ifrs)
  • Financial Reporting
  • Corporate Finance
  • Sap Products
  • Variance Analysis
  • Payroll
  • Auditing
  • Fixed Asset Management
  • Gaap
  • Management
  • Team Management
  • Transfer Pricing
  • Ifrs
  • Tax
  • Inventory Valuation
  • Finance
  • Accounting
  • Sap
  • Financial Analysis

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Satyaranjan Jena — Head - Accounting Operations & Business Partner at Merck Group in Bengaluru, KA, IN | Unifers