Record To Report Ops Analyst

 About The Role  

Skill required: Record To Report - Balance Sheet Account Reconciliations

Designation: Record to Report Ops Analyst

Qualifications:BCom/MCom

Years of Experience:5 to 8 years
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions. 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. A type of general ledger account which contains a summary of sub-ledger accounts. Because the reconciliation account only provides a summary, no transactions are directly posted to the account.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.Involves balancing all balance sheet accounts against sub-ledger or other non-general ledger based source data to verify whether the balance sheet accounts are in balance with the source system feeding the general ledger. Differences which arise are addressed as reconciling items.

What are we looking for?

B.Com Graduate / CA Inter/M.Com

Experience in SAP, Oracle and Blackline

Excellent Communication- Written & Verbal

Proficient in Accounting & Analytical Skills

Proficient in MS Excel (VLOOKUP, pivot tables) and hands on experience on application- TM1, Oracle discoverer, Cognos

Ability to prioritize efficient & be flexible

Positive demeanor with a focus on continuous process improvement and an open mind to change

High standard of integrity, self-confidence to state and support opinions

Shift timings – Day shift,

You should have good understanding in reconciling bank, booking prepaids, month end accruals, fixed assets accounting & coordinating with project managers for approvals and well versed with Intercompany accounting, Working knowledge of TDS and GST return preparation.

You may interact with peers and/or management levels at a client and/or within Accenture.

Automated, traceable processes ensure adherence to financial regulations and reduce the risk of fraud.

You should be self-driven, motivated and guide the team for procedures on new assignments.

You should be proficient and Strong knowledge of General accounting and finance and from the domain skill required for each Tower, following roles are also required to be performed.

Preparing journal entries in SAP ECC/Oracle?Month end journal entries and adjustments in ERP?Bank and Balance sheet reconciliations in Blackline?Financial and Statutory reporting to SEC and other country level regulatory authorities?Intercompany accounting and reconciliations in Blackline

Roles and Responsibilities:

Account Reconciliation:Analyze data from P&L, Balance Sheet, Statements, ledgers, accounts, etc. Prepares reports, journals, schedules and supporting documents. Liaise with clients and stakeholders to gather the supporting documents and data necessary to prepare reconciliations and financial reports

Cash Management:Reconcile bank statements with company records, identifying and resolving discrepancies. Support the finance team with monthly reconciliations and posting of journal entries

Fixed Assets:Lead and manage a team responsible for the end-to-end RTR process for fixed assets. Identifying, properly depreciating, and maintaining fixed assets as well as accounting for a company s financial well-being

Intercompany Reconciliation:The Intercompany process involves the recording of financial transactions between two different entities that fall under the same parent company, resolve mismatches and posting entries during month end.

Month End Close:Organize, reconcile and report the financial activities of the company for the period includes, Prepare financial statements, Review all information for accuracy

Financial Reporting:Prepare financial statements and reports for businesses to comply with regulations and provide information for decision making:

Intangible Accounting:Accounting for intangible assets such as goodwill, brand equity, Intellectual properties (Trade Secrets, Patents, Trademark and Copyrights), licensing, Customer lists, and R&D

Revenue Accounting:Review of customer contracts for proper revenue recognition in accordance with company policy and revenue recognition accounting standards

Project Accounting:Create project accounts in the accounting system, providing high-level financial analysis on a portfolio of projects through their life cycle and must thoroughly understand the financial components of a project and proactively work with Project Managers to monitor and analyze project performance against budget

Taxation:Working knowledge of TDS and GST return preparation
 Qualification BCom,MCom