Job
Description
Skill required: Record To Report - Inventory Accounting Operations Designation: Record to Report Ops Senior Analyst Qualifications: BCom/MCom Years of Experience: 5 to 8 years About Accenture 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 worlds 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. 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.Manage material stocks on a quantity and value basis, entering and documenting all goods movements and updating the physical inventory. It involves recording and tracking materials in terms of quantity and value using inventory management functions that cater for internal movements and storage. Implement and manage the processes for the setup of inventory structure to support stocking, tracking, and inventory replenishment, accounting for write offs and inventory. What are we looking for Good Accounting experience in RTR area, preferably in Oil & Gas Industry / Hydrocarbon Processes viz Retail Site Accounting (Fuel & Non-Fuel), Product Movement Actualization, Invoicing, Settlement, Inventory Reconciliation, Exchange ReconciliationExperience with ERP Systems, preferably in JD Edwards and S4 HANA will be an advantageShared service/BPO experienceGood communication skills (both verbal and written) with flexibility in work hoursVery good analytical skills, Excel Knowledge, VBA skills would be an additional assetFlexibility, especially in the period of month/year end closingIn-depth knowledge in Reconciliation, Month Close Process and Journal EntryStrong organizational, multi-tasking, and time-management skills.Ability to work under pressure, manage tight reporting deadlines"Oil and Gas Inventory Accounting, JD Edwards, OneStream,SAP FICO and MM Modules" Roles and Responsibilities: "FOP - Fuel Order Processing (Hydrocarbon Accounting):Accurate and timely recording of fuel product movement from the point of lift, owned or third-party terminal and or bulk plants, to the final delivery destination (retail, cardlock, bulk plant, and branch locations, as well as direct sale customers (wholesale, Retail, Commercial). It includes monitoring electronic data interfaces of Bill Of Ladings (BOL) and or manual upload of BOL into systems that connect to Client ERP (JDE). It also includes validation of the BOL information such as product type, volume, price, customer, carrier, terminal and if necessary, work with responsible teams to ensure correction is reflected in the system.""IR - Inventory Reconciliation (Hydrocarbon Accounting):The reconciliation of the physical inventory submitted via tank reading or manual entry with the system calculated inventory is performed daily and finalized monthly. This includes the comparison of physical to Book in Inventory Module and Inventory Module Vs GL with volumes and $. All imbalances must be investigated for such issues as timing, metering, human error, and only those imbalances not exceeding the tolerance volume and $ can be recognized as shrink losses monthly. ""MECR - Month-End Activities, Controls & Reporting (Hydrocarbon Accounting):The accurate recording of the COGS in the system for all sales ensures margins and inventory values reported monthly are accurate. This includes ensuring COGS is recorded at the correct Weight Average Cost (WAC) of inventory as well as ensuring any barriers to recording COGS (e.g., not enough inventory to make sales) are corrected and cost recorded prior to close of GL each month. This service includes the activities taken each month/quarter to ensure HCA is in full compliance with internal and external controls, policies, and processes. It further details analysis and reports provided to demonstrate compliance and help with business decision making. "Supporting internal and external auditCooperating with other departments within the project (OTC, PTP, TAX, etc)Performing month-end activities and reporting in a timely and accurate manner, with emphasis on detailed analysisPreparing and analyzing any errors, omissions, or inconsistenciesPerforming account reconciliations and conducting accrual reviews to ensure accuracy and alignment with financial records and reporting standardsDeveloping and maintaining monthly checklists and oversee task completion to ensure timely and accurate workflow execution Qualification BCom,MCom
