Sr Associate - Accounting Controls

Senior Associate-Level 2 Accounting Controls

Job Role - Senior Associate - Level 2 Accounting Controls

Location - Mumbai

Department - Finance Shared Services

Shift Timings if any: General

Job Purpose :

- Contribute to the performance of 2nd level accounting control of the Companies entities in Asia Pacific.

- Drive the account owner sign-off and first level accounting control certification process

- Perform and document accounting controls and analysis

- Contribute to the automation of certain accounting control processes and the standardisation of booking schemes among entities.

Key Responsibilities :

- Contribute to the performance of 2nd level accounting controls on a list of key areas defined by the Companies Standard Accounting Control Group Plan, including deal and position reconciliations, nostro reconciliations, manual entries, dormant accounts, risk rating and provisioning, intercompany reconciliation, internal deals, FX sell-down etc.

- Identify system / control deficiencies and propose solution to improve the accounting control environment

- Ensure that the Accounting Control Repository Database is updated with the changes in accounts, controls and ownership

- Based on the Accounting Control Repository Database, generate and release the Account owner sign-off and first level control certification packages

- Monitor account and 1st level control sign-off and escalate problems identified.

- Contribute to the preparation of the “Entity Control Reports” that provides Chief Financial Officers with an overview of accounting control outcome on a monthly basis.

- Monitor Accounting Control outcomes through key performance and key risk indicators

- Prepare ad hoc control memo upon request when an issue is identified.

- Ensure the good coordination with the Regional Financial Reporting team, in particular whenever an accounting issue needs to be addressed

- Participate to Finance Projects linked to Accounting Controls

- Report incidents and accounting issues.

Qualifications:

Candidate Requirements for the role:

Education Background:

- M.Com/B.Com/BMS

- Accounting degree or equivalent

- #years of experience:

- 3 to 5 years experiences on accounting audit or accounting control

- Technical knowledge & Skills:

- Banking (mandatory)

- IFRS knowledge (Preferable)

- Strong PC skill: advance Microsoft Office Excel, Word, PowerPoint.

- Knowledge of MS Access and data extraction (e.g. Business Objects) would be an advantage (skill expected for 2 of the positions in the team)

Preferred Industry / Domain experience :

- Former audit experience or experiences on the accounting controls within a Finance function in Banking and Financial Services (mandatory)

Behavioural Skills / Competencies:

- English fluent

- Good communication skill

- Strong analytical mind

- Team spirit

- Hard working

- Manages pressure and priorities during the closing process

- Curiosity and open to other cultures

If keen then please reply on bharti@seventhedge.co.in