Skill required: Record To Report - Accounting & Financial Reporting Standards
Designation: Record to Report Ops Associate
Qualifications:Any Graduation
Years of Experience:1 to 3 years
About Accenture
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What would you do? Determining financials by collecting operational data/reports, whilst conducting analysis and reconciling transactions • Process JE’s, Bank upload journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations. • Responsible for general ledger processes including Monthly, quarterly, half yearly and year-end closing, journalizing, etc. • Review P&L accounts errors, omissions, or inconsistencies and managing the preparation of all reports. • Identify improvement projects, including automation, simplifications, and enhanced controls Posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, preparing cash forecasting statement, supporting month end closing, preparing reports and supports in audits. The Financial Tracking and Reporting team focuses on providing the financial controls and reporting in order to effectively manage CFM activities. This includes providing project-level cost and expense reporting, invoice generation and tracking, project financial tracking, reporting and analytics. The role requires a good understanding of general ledger, balance sheet, statutory reporting, client reporting, fund reporting, Financial Planning & Analysis (FPNA), budgeting and forecasting.
What are we looking for? Qualifications: • Minimum 2 – 3 years of Record to Report experience in Finance & Accounting function • BPO experience will be an added advantage but not mandatory. • Minimum Bachelor’s degree in Finance Accounting or MBA Finannce System & applications • Experience working in SAP ERP,Blackline & Other Technologies would be preferred and added advantage. • Sound knowledge of MS Excel & word. • Having advanced Excel knowledge would be an added advantage. Communication & Interpersonal skills • Ability to interact with customers for daily operational activities with client SME • Good communication skills both oral and written as needed to interact with customers/internal stakeholders via calls and e-mails. • Closely work with team lead to drive process/organizational initiative • Must be able to communicate both orally and in writing with client Reconciliations SME and 3rd parties involved and can raise timely and accurate queries
Roles and Responsibilities: Understanding of various account reconciliations (Bank / Balance sheet / GL account/Store accounts) on a frequency level of daily/weekly/monthly • Perform variance analysis and provide reason codes for open items • Perform month end closing as per the agreed schedule • Work on open items resolutions received, raise appropriate queries if required to clients and 3rd parties • Prepare and post journals with prior approvals from clients/team leads • Achieve 100% accuracy & productivity for activities in scope. • Interact with client SMEs, Lead for daily work and process related issues and work on open items resolutions received, raise appropriate queries if required to clients and 3rd parties • Must possess good communication skills both e-mail and oral • Generate lean ideas and provide inputs to process leads for improvement opportunities.