Franklin Templeton - Supervisor - Corporate Accounting

Job Title : Supervisor-Corporate Accounting

Reports to: Manager / Supervisor - Corporate Accounting U.S. (San Mateo)

Job location : Hyderabad

MAIN PURPOSE:

The Supervisor-Corporate Accounting is responsible for maintaining the accounting books and records of a number of U.S. registered broker-dealer entities, including the preparation of journal entries and supporting schedules, audited financial statements, regulatory reports and variance analysis. The Supervisor would also participate in the consolidation process, internal control testing, annual update of accounting policy and procedure documents, external audit process and ad-hoc projects.

The role is responsible for efficient and effective monthly, quarterly and year-end accounting close processes. The candidate will be expected to contribute to the production of external and internal financial reports. In addition, the role has the responsibility to ensure that the broker-dealer's books and records are in compliance with U.S. GAAP, regulatory requirements, internal control requirements, as well as internal Franklin Templeton (FT) Finance policies and procedures.

The successful candidate will be required to work independently, have strong verbal and written communication skills and build effective working relationships with individuals both within and outside of FT Finance.

Daily Responsibilities:

- Review and post daily transactions

- Maintain cash journals and other supporting schedules

Monthly Responsibilities:

- Perform monthly close process for U.S. registered broker-dealer entities

- Prepare monthly financial statements (income statements and balance sheets), variance analysis and supporting details for the above entities

- Perform review of the entities- interunit balances and monthly settlement of such balances

Periodic Responsibilities:

- Prepare required statutory and regulatory reports, such as quarterly broker-dealer filings with FINRA and net capital calculation

- Participate in the year-end audit of the broker-dealer entities

- Assist in the internal controls testing and update of accounting policy and procedure documents pertaining to the broker-dealer entities

- Monitor the capital position of the broker-dealer entities and provide suggestions to ensure continued compliance with the applicable net capital requirement

Other Responsibilities:

- Timely and effective communication with the other team members and managers, including status update for the assigned entities

- Participate in various ad-hoc cross-departmental / cross-functional projects

REQUIRED EDUCATION & TRAINING:

- This position requires a bachelor's degree in accounting or business with coursework in intermediate and advanced accounting.

- Intermediate Chartered Accountant

EXPERIENCE:

Required experience:

- At least seven years of financial accounting with reporting experience preferably within multinational corporations with a matrix organizational environment.

- Prior public accounting / external or internal audit experience required, with a Big 4 preferred.

- Knowledge of U.S. GAAP.

- Strong analytical and reasoning skill.

- Strong problem solving and resolution skill.

- Strong written / verbal communication and / or presentation skills.

- Strong inter-personal skill to establish and maintain on-going working relationships with various individuals both within and outside FT Finance.

- Ability to organize and prioritize workflow and to coordinate the work of others.

- Accurate with numbers and attention to details.

- Ability to work independently or with minimal supervision.

- Ability to exercise independent judgment consistent with department guidelines.

- Ability to maintain updated knowledge of procedures, products and activities of assigned.

- Experience with automated financial systems, including a general ledger, preferably PeopleSoft Financials

- Strong proficiency in Microsoft Excel including spreadsheet upload, pivot tables and related functions.

- Strong proficiency in Microsoft Word.

Preferred experience:

- Prior working experience within the mutual fund or asset management industry.

- Functional knowledge in statutory requirements.

- Knowledge and exposure to International accounting issues, currency translation and consolidations