Skill required: Record To Report - Balance Sheet Account Reconciliations
Designation: Record to Report Ops Associate
Qualifications:BCom
Years of Experience:1 to 3 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? The Record to Report (R2R) Analyst is responsible for delivering high quality, end to end accounting and reporting services within a Shared Services environment. The role supports timely and accurate period close, balance sheet integrity, compliance with accounting policies, and continuous improvement of R2R processes and controls. The R2R Analyst works closely with Finance Business Partners, FP&A, AP/AR, Tax, Treasury, and auditors to ensure financial results are complete, accurate, and delivered to agreed timelines and service levels. Record to Report (R2R) is a finance and accounting process that involves collecting, processing, and delivering accurate financial data. This includes recording transactions, reconciling accounts, and preparing financial statements. The goal is to provide a clear and accurate picture of a companys financial performance. Effective R2R processes ensure compliance with accounting standards and support informed decision-making. It is essential for financial transparency and accountability. keyword includes:-("Fixed asset","Amortization","Depreciation",Accruals","Finacial Consolidation","Account recon/ bank","Treasury","Finanacial reporting standard"financial analysis","SOX") 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? Education • Bachelor’s degree in Accounting, Finance, Business, or related field (or equivalent experience). Language • B2 English proficiency required • Proficiency in other languages is a plus Experience • Relevant years experience in R2R / General Ledger / Financial Accounting, ideally in a Enterprise Operations or multi entity environment. • Working knowledge of month end close, journals, accruals, balance sheet reconciliations, and financial reporting. • Experience with ERP systems or ability to learn (e.g., SAP, Oracle, Microsoft Dynamics 365, Anaplan or similar). • Exposure to audit and controls environments (SOX/internal audit) preferred. Qualifications (Preferred) • Part qualified or qualified accountant (ACCA/CIMA/ACA) or actively studying. •Technical • Strong understanding of accounting principles and financial controls. • Proficiency in Excel (pivot tables, lookups) and financial reporting tools. • Ability to interpret financial data and explain drivers clearly. • Strong attention to detail and data integrity mindset. Professional • Strong planning and time management, particularly during close cycles. • Confident communicator with strong stakeholder management skills. • Structured problem solver with continuous improvement mindset. • Ability to work independently, manage competing priorities, and meet deadlines. • Team player comfortable working across geographies and functions. Success Measures (KPIs) • Close timeliness and quality (on time close, low post close adjustments) • Reconciliation completeness and aging of open items • Audit outcomes and control compliance • Accuracy of journals and reporting outputs • Stakeholder satisfaction and responsiveness • Contribution to process improvements/automation
Roles and Responsibilities: •Period Close & Financial Reporting • Perform month end/quarter end/year end close activities in line with close calendars and SLAs, including: o Journal entry preparation, posting, and validation o Accruals, prepayments, allocations, and reclassifications o Intercompany accounting and reconciliations (as applicable) o Fixed asset accounting support (capitalization, depreciation, disposals) • Support preparation of financial statements and internal reporting packs; ensure adherence to accounting policies and reporting standards (IFRS/UK GAAP/US GAAP as applicable). Balance Sheet Ownership & Reconciliations • Own balance sheet account reconciliations, ensuring: o Completeness, accuracy, and appropriate supporting documentation o Timely clearance of aged and reconciling items o Root cause analysis and corrective actions to prevent recurrence • Maintain high standards of balance sheet substantiation and contribute to balance sheet reviews with stakeholders. Controls, Compliance & Audit Support • Ensure compliance with internal controls (SOX or equivalent), accounting policies, and documented R2R procedures. • Prepare audit schedules, support internal/external audits, and respond to queries promptly. • Maintain process documentation (SOPs, desk procedures), ensuring controls and approvals are clearly evidenced. Reporting, Analysis & Stakeholder Support • Provide variance analysis and commentary for key P&L and balance sheet movements. • Support management reporting requests and ad hoc analysis. • Partner with upstream/downstream teams (P2P, O2C, Payroll) to resolve close issues and improve data quality. Continuous Improvement & Transformation • Identify process inefficiencies and recurring issues; propose and implement improvements. • Support standardization across entities/regions and contribute to Shared Services transformation initiatives. • Support automation opportunities (e.g., workflow, RPA, reconciliations tooling) and participate in UAT/testing for system changes.
BCom
