Record to Report Ops Assoc Manager

Skill required: Record To Report - Intercompany Account Reconciliation
Designation: Record to Report Ops Assoc Manager
Qualifications:MCom/CA Inter
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 699,000 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 position requires excellent interpersonal and analytical skills to manage the transaction flow, provide direction, and coordinate accounting & reporting functions to ensure timely closure of the period ends. He/she will be responsible for the daily supervision and efficiency of the team. Manage and provide overall direction and guidance to deliver operational goals within the assigned area and ensure timely and accurate completion of work with excellent stakeholder leadership skills. Should have led R2R GL and Cash Teams for a significant period and possess excellent domain & hands-on expertise in Record to Report – GL and Cash - Month End process, Reconciliations, Reporting, Audit support Responsibilities. Posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, preparing cash forecasting statement, supporting month end closing, preparing reports and supports in audits. Recording and reconciliation of transactions which have occurred between entities of the same company, also Includes assuring that transactional relationships between the entities are in balance. Reconciling AR sub ledger balances and highlighting any debit balances. It provides details of reconciling against GL, Treasury open items, intercompany reconciliation and final summary of outstanding payments with discount earned and penalties paid.
What are we looking for? Desired Candidate Profile • Good knowledge of accounting • Attention to detail • Appropriate handling of sensitive information • Ability to work to deadlines • Excellent written and verbal communication skills • Strong client relationship management and customer service skills • Team player with the ability to work with multiple parties • Strong Microsoft Excel skills • Must have Oracle Knowledge • Strong analytical skills and problem-solving skills • Strong ability to work individually or in a team setting QUALIFICATIONS REQUIRED: • B.com/M.com/MBA – Finance • CA/ ICWA- Qualified/Semi Qualified preferred. • Minimum number of years’ experience – 7 to 10 years’ experience SET YOURSELF APART: (Good to have skills): • Oracle application Knowledge (specific to GL and Cash Management Module) • ARCS – Accounts Reconciliations Cloud Service – Oracle Recons • OneStream/HFM Reporting tool
Roles and Responsibilities: •R2R GL and Cash SME and the role requires to efficiently manage the Month close activities and must perform a wide range of job duties and responsibilities. Responsible for all aspects of the cash management function. He/ She helps in reviewing an organization’s bank accounts and balances as against amounts in the ledger and goes a step further to ensure to Investigate for items that do not reconcile with the bank statements with the aim of reconciling them. These may include, but are not limited to: • Lead a team to manage and maintain the Oracle Cash Management module, ensuring accurate and timely processing of transactions. • Provide training and support to the accounting team on general ledger and on Oracle Cash Management functionalities. • Collaborate with the treasury, accounts payable, and accounts receivable teams to resolve cash management related matters. • Oversee and manage the general ledger accounting functions, including journal entries, reconciliations, and month-end/year-end close processes. • Review journal entries, accruals, and adjustments to ensure timely and accurate. • Conduct detailed variance analysis to identify discrepancies and provide insightful commentary to explain the variances. • Prepare and review balance sheet reconciliations to ensure accuracy and compliance with company policies and accounting standards. • Identify and address issues raised by the reconciliation preparer, understand the action plans created to resolve reconciling items, and ensure timely and accurate resolution. • Develop remediation plans for identified errors, including team training and work product reviews. • Identify areas for process improvements and implement best practices in accounting and cash management, with a focus on timely month-end processes. • Provide support for internal and external audit queries • Perform additional duties as assigned to meet organizational needs. • This role may require working in rotational shifts.