Record To Report Ops Associate

 About The Role  

Skill required: Record To Report - Account Reconciliations

Designation: Record to Report Ops Associate

Qualifications:Bachelor??s degree with Finance specialization

Years of Experience:1 to 3 years

What would you do? JOB TITLEAnalyst (SME), Associate & New Associate Group:Industry Specific BPOLEVEL:CL12Business Unit/DealF & A/ Record to Report ??Controlling & OperationsWork Location:Jaipur/Work from OfficeObjectives of Role To be responsible for the knowledge transfer in the areas of Systems, applications and activities that follow Reports and control process. Responsible for documentation and changes thereof. Ensure that the necessary guidelines are complied with and necessary documents are maintained as applicable for all day-to-day processes.Play a key role in the team, being the link between the team and TL and ensure that adequate process knowledge is developed and be the first point of contact for all members. Act as a back for the TL.

What are we looking for? ?¢?¢For CL12:1- 3 years of experience?¢For CL11:3- 5 years of experience?¢Bachelor??s / Master??s degree in Commerce, Finance, Accounting.?¢Strong understanding of accounts receivables processes and procedures?¢Flexible to work in shifts?¢Knowledge of SAP, COGNOS, WEXLOG is an added advantage?¢Excellent communication skills, verbal and written?¢Excellent attention to detail, numerical accuracy, excellent communication, organizational, and time management skills?¢Strong interpersonal and problem-solving abilities.?¢Customer-oriented mindset with empathy and patience.?¢Proficiency in MS Office (Excel, Outlook, Word) and CRM platforms.?¢Ability to manage multiple tasks and deadlines efficiently?¢Analytical thinking and attention to detail.?¢Ability to handle sensitive financial information with integrity and strong problem-solving skillsArchiving, Records Retention and Audit Support?¢Manage records retention in accordance with policies and practices?¢Provides internal and external audit support as requestedTraining, teaming and collaboration?¢Regularly identify the training needs of the team members, work with the TL and ensure that the required training is provided in a timely manner.?¢Additionally, ensure that the changes in the process are documented and all members are provided training on such changes?¢Work closely with all members and TL to ensure that all compliances are met. Develop and follow the tracking mechanism to ensure compliances?¢Act as a back up to the TLSerial NoFunctional CompetencyRequired Prof. Level (as per JD)1QualificationCommerce Graduate2Accounting knowledgeLevel 43MS OfficeLevel 4 Serial NoProfessional CompetencyRequired Prof. Level1Analytical ThinkingLevel 42Communication & Presentation SkillsLevel 43Decision Making SkillsLevel 44Focus on Goals / Result OrientationLevel 5Proficiency LevelDefinitionLevel 1Exhibits basic competency indicators occasionally.Level 2Exhibits basic competency indicators consistently and effectively.Level 3Exhibits competency indicators of medium complexity occasionally.Level 4Exhibits competency indicators of medium complexity consistently and effectively.Level 5Exhibits advanced competency indicators occasionally.Level 6Exhibits advanced competency indicators consistently and effectively.

Roles and Responsibilities: 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.The Record to Report team helps clients and organizations in their operational efficiency and balance sheet integrity, cuts time to close and safeguards compliance with regulatory requirements. The areas where this team s expertise lies is in 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 Account Reconciliation team focuses on general ledger accounting which contains a summary of sub-ledger accounts. The role requires a good understanding of P&L accounts, bookkeeping, journal entries, voucher entry, trial balance, and month-end reporting. The role may also need expertise around intercompany reconciliations, cut-off policies, transfer pricing policies, formal confirmation policy & procedure, dispute resolution policy & procedure, and general procedure.The Financial Consolidation & Close Operations team is responsible for general ledger processes including year-end closing, journalizing, etc. They help create & maintain ledgers, currencies, budgets, & journal entries, deliver solutions including a flexible accounting structure, comprehensive journal processing, hierarchical summaries, intuitive inquiry & reporting, dynamic allocations & the management of commitments & expenditures, run interface reports & perform close books of accounts. The team reviews P&L accounts errors, omissions, or inconsistencies and managing the preparation of all reports. They also work on posting journal entries, preparing balance sheet reconciliations, investigating and reporting open items, reviewing entries and reconciliations, supporting month-end closing, preparing various reports as required, and supporting audits. The team also oversees improvement projects, including automation, simplifications, and enhanced controls.
 Qualification Bachelor??s degree with Finance specialization