Oracle - Senior Accountant - CA

Qualification : CA or ICWA

Min Exp : Min 1year (Post CA/ICWA) or more (Excluding articles)

The Global Financial Information Center (GFIC), Oracle India Private Limited captive unit based in Bangalore. GFIC provides financial services to Oracle subsidiaries in different countries

To perform activities that assist accurate and periodic on time GL closure for assigned countries, reconcile assigned balance sheet accounts, resolve outstanding open items to help in ensuring correctness of financial statements and contribute to improving the quality of deliverables by guiding the team members in the process, including reconciliations. The Key tasks would include:-

Month close activities :

- Manual Journals preparation/accounting

- Intercompany accounting / timeouts / sub-licence fee transfers

- Expense accruals/allocations

- Commission & Bonus accruals/true-up & true-down

- Revenue accruals/deferrals/releases

- Expense/Balance Sheet Reclasses

- Close related audit reports validations/clearing

- Accounting for Interbank funds transfers, bank debts & interest charges

- Receivables aging validations for reserve computation

2. Balance Sheet account reconciliations

3. Testing process changes due to system upgrades

4. Support audit (Statutory / SOX / Internal)

5. Documentation

6. Contribution to process/reconciliation improvements

7. Training new joiners & other team members

Competency/skill sets required :

1. Accounting skills - In depth and advanced understanding of accounting concepts

2. Accounting standards

3. Ability to interpret, assimilate and apply accounting concepts.

4. Exposure to ERP environment

5. Analytical and Reasoning skills.

6. Problem-solving skills.

7. Good Excel skills