Record to Report Ops Assoc Manager
Designation: Record to Report Ops Assoc Manager
Qualifications: Chartered Accountant
Years of Experience: 10 to 14 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? - Coordinates and performs month end close activities and ensures monthly tasks are performed timely and of high quality. Evidencing on close checklist and on Standard Journal Entry Checklist
- Pre- and post-close activities efficiently performed
- In contact with Business Units on daily basis during month end close days
- Makes sure that owned activities related to close are completed on time
- Makes sure that all in scope Journal Entries (Accruals, Payroll, Prepaid, Bank, Fixed Assets) are posted in a timely manner and according to the schedule agreed
- Reviews BS and prepares analysis using own knowledge or by cooperating with respective owners, comments on inconsistencies, discrepancies for material differences as well trends if required, submits the review to Financial Controller,
- Ensures all close checklist s tasks are done and reports on the status
Responsible for managing SLAs
- Responds in a timely manner to standard and Ad Hoc requests from Clients
- Assists in process and issue resolutions in AP and BTC if required
- Advises AP and BTC in issues resolution before reaching out to clients
- Controls capacity and SLA to ensure timely delivery of requests from Capability Centre to Business Units
- Agrees changes in the processes with the Business Unit Leads and GPO
Support - Create an environment where Client needs are the priority. Build flexibility and adaptability into service offering.
- Especially during the month end close provides support.
- Together with Business Leads plans month end close, QEC, YEC to avoid delays
- Helps Business Leads to communicate to finance involved stakeholders
Quality Control - Promote high quality service within team
Tax Compliance
- Accurate and timely completion of supplementary data pack to support corporation tax submissions in all relevant jurisdictions
- Work with the tax advisors to agree, and then deliver to, timetable for additional data requests to support completion of corporate tax computations
- Delegate tasks in tax delivery list to team as appropriate but monitor progress and escalate expected non-delivery on a timely basis to minimize disruption to overall agreed plan
- Monitor and manage tax delivery tool ensuring that tasks are allocated corrected and requests are being fulfilled with right first time, timely data
- Maintenance of appropriate tagging within general ledger transactions to facilitate automated extraction of tax sensitive items
Statutory Accounting Compliance
- Accurate and timely completion of supplementary data forms to support collation
What are we looking for?
- - Single Point of Contact for Financial Controller in relation to agreed scope of accountability
- Understands GL and Sub-ledger processes (at level 4 process flows) and SLA’s (how they are calculated)
- Follows up and acts on behalf of the Business Leads to obtain updates and compel the resolution/completion of processes, issues etc.
- Knows Major issues happening in the GL, including owner, latest status, next major action to be taken
- Knows of projects happening in area of scope including owner, latest status, next major action to be taken
- Knows of significant issues happening in area of scope including owner, latest status, next major action to be taken
- Proactively remains up to date on results of processes and SLA’s
- Knows the results of the latest SLA measurements - particularly problem areas - understand actions being taken to address
- Leads the monthly Service Delivery call and proactively reviews of GL, AP & BC results - initiate issues discussion/resolution from those discussions
- Plays the role of Central Coordinator in Stat & Tax process (between FC, EY, MS Corp, etc...).
- Coordinates BPO audit process (provide the updated Account Responsibilities Matrix (ARM) and support Auditor
MUST HAVE SKILLS:
- Accounting Graduates with minimum 3 - 5 years of relevant experience in F&A (CA, ICWAI or CMA preferred)
- Relevant understanding of Quality Control, Statutory Accounting Compliance, Tax Compliance.
- Balance sheet movement analysis and commentary
- Presenting P&L and balance sheet to client stakeholders for review and signoff process
- Good Accounting Skills & Sound understanding of Concepts & Principles.
- Advanced MS Excel
- SAP S4 HANA
GOOD TO HAVE SKILLS:
- Good Oral & Written communication skills
- Flexibility and Adaptability to a situation in quick time
- Ability to work under pressure.
- Power BI
Roles and Responsibilities: JOB DESCRIPTION:
- Accountant - Record to report role involves preparing balance sheet reconciliations, reviewing entries and reconciliations, supporting month end closing, preparing reports and supports in audits.
- Records and reviews Transactions to ensure accuracy.
- Ensure Close process is completed in an accurate and timely manner. Perform Preparation and Review of the Balance Sheet for various errors, omissions or inconsistencies. Attest to accuracy of General Ledger. Review all reconciliations. Proactively communicate with the Business Unit Leads on close related issues.
Ensure Compliance within Accounting Policies. Support extended working hours during close and year end periods.
- Respond in a timely manner to Client Financial Controller. Manage SLAs to ensure timely delivery of requests.
- Create an environment where Client needs are the priority. Build flexibility and adaptability into service offering.
- Promote high quality service within team.
- Ensures that Global Process is maintained and executed within geography. Proposes process improvements within area.
- Act as the primary operational point of contact for the agreed Record to Report scope, coordinating delivery activities and escalating matters requiring approval or judgement to the Financial Controller.
- Responsible for the preparation, review and audit management for local stats and group accounts.
- Responsible for the preparation and coordination of tax data and compliance outputs, supporting Group Tax and external advisers, with technical positions and final filings owned by Group Tax.
ROLE AND RESPONSIBITIES:
- Delivery of accurate financial statements at Month End Close including execution of associated controls
- Establishing the MEC Task List and associated SOP/DTP are in place and in-use
- Ensuring Balance Sheet Reconciliations and journals are reviewed for MEC
- Financial Analysis, Variance analysis for MEC
- Preparation of Accurate and Timely Financial Statements
- Preparing and reviewing Regulatory Submissions
- Follows the procedures and closely cooperates with Business Unit Leads
• Help Business Units to address queries and find resolutions for issuesChartered Accountant
About Accenture
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services-creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.Visit us atwww.accenture.com
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