Skill required: Record To Report - Account Reconciliations
Designation: Record to Report Ops Manager
Qualifications:BCom/MCom
Years of Experience:13 to 18 years
About Accenture
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 784,000 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? In today s business environment, growth isn t just about building value-it s fundamental to long-term business survival. So how do organizations sustain themselves? The key is a new operating model-one that s anchored around the customer and propelled by intelligence to deliver exceptional experiences across the enterprise at speed and at scale. You will deliver breakthrough business outcomes for clients-by harnessing talent, data and intelligence to revolutionize their operating models. Operations is one of four services that make up one Accenture -the others are Strategy and Consulting, Interactive and Technology. 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 Preparing and posting journal entries, preparing balance sheet reconciliations, supporting month end closing, preparing reports and supports in audits, perform variance analysis and provide comments for month over month movement in Trial Balance, perform reporting activities, perform intercompany related activities, FA and Lease related activities. 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.
What are we looking for? We are looking for individuals who have the following skillset: • Ability to establish strong client relationship • Ability to handle disputes • Problem-solving skills • Adaptable and flexible • Ability to perform under pressure • Ability to manage multiple stakeholders • Ability to meet deadlines • Reporting Activities • Account Reconciliation, Intercompany Accounting • SAP, Oracle and Blackline
Roles and Responsibilities: • Establish and enforce accounting policies, procedures and internal control for retail operations. • Serve as key escalation point for complex accounting issues • Ensure compliance with GAAP/IFRS, SOX and other regulatory requirements. • Oversee end-to-end retail accounting processed including sales, inventory and cost of goods sold • Review and approve high-risk or complex journal entries, reconciliations. • Ensure timely and accurate recording of sales, inventory, cogs and other store expenses. • Lead internal and external audits related to retail accounting • Own remediation of audit findings and continuous improvement of controls • Assess and mitigate accounting and operational risks within retail process • Drive automation, standardization of accounting processes • You will typically be creating new solutions, leveraging and, where needed, adapting existing methods and procedures • The role requires a clear understanding of the strategic direction set by senior management as it relates to team goals • Proactive in resolving discrepancies and improving processes • Recommend and implement process improvements to enhance accuracy and efficiency in this role, you need to analyze and solve moderately complex problems. • You will need to hold monthly meaningful conversations with team members to discuss performance, coaching and feedback, training needs, and career discussions • Coach team members and provide first-level guidance on procedures/methods. • You will need to monitor & drive team performance, including throughput and quality as per defined metrics • Your primary upward interaction is with a direct supervisor or team leads • You are required to understand the strategic direction set by senior management, clearly communicate team goals, deliverables, and keep the team updated on change • You will generally interact with peers and/or management levels with clients or internal stakeholders • You will be provided with minimal guidance when determining methods and procedures on new assignments • You would be managing medium-small sized teams and/or work efforts at a client or within Accenture. • Please note this role may require you to work in rotational shifts.
BCom,MCom
