The Expense Accountant will be responsible for completing accurate and timely all aspects of US GAAP accrual accounting. This will include preparing the financial statements and annual audit for period end close. He/ She will have a significant role in implementing and enforcing internal financial controls and contributing towards re-engineering initiatives and conducting review calls with business leads/controllers.
Responsibilities & Tasks
Perform month-end, quarter-end, and year-end close processes to verify all entries have been created and posted, ensuring completeness, accuracy, and reporting integrity
Prepare/ Review or approve journal entries to ensure recording of accrued expenses in the correct period, amortize/review prepaid expenses and fixed assets schedules that they tie\xe2\x80\x99s to the balance sheet
Ensure an accurate and timely period-end close by ensuring all transactions are recorded, journal entries are posted, accounts are reconciled where needed and consolidated at required level
Collaborate closely with the various finance teams to understand expectations and deliverable timelines and ensure that deliverables of the team are met
Work with the team to adopt \xe2\x80\x9cowner\xe2\x80\x99s mind set\xe2\x80\x9d, work independently, and effectively manage timelines
Manage time to assist with ad-hoc projects and new transactions to support the GAO Accounting controller group
Conduct monthly review call with the key stakeholders to understand any anomaly in the numbers and take ownership in resolving the same
Be the first point of contact for assigned account and ensure that compliance requirements are adhered to (e.g. company policies surrounding standard of conduct, information security, employment regulations)
Take lead in resolving any unreconciled / supporting exceptions or bank, breaks
Participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis and accounting transactions.
May serve as a subject matter expert on a particular accounting transaction.
Lead and support with queries from regulatory authorities and external auditors
Work with and support the team in day-to-day activities including issues requiring judgement and expertise
Support overall team goals and objectives
Monitor General Ledger activity for accuracy based on US GAAP rules
Prepare and update process narratives/procedures and flow charts
In addition to Business As Usual (BAU) responsibilities as described above, this role will lead the process re-engineering, standardization, and automation efforts.
Process Re-Engineering, Standardization, and Automation:
Participate & contribute the process Re-Engineering, Standardization, Automation
Responsibility for ongoing process improvements
Responsibility for execution of right-placement strategy
Implementation support of the GAO process re-engineering and automation efforts
Education and Experience:
Master\xe2\x80\x99s degree in accounting or Chartered Accountant (CA) / Certified Public Accountant (CPA)/MBA-Finance with 10-12 years of progressive experience in R2R areas with major financial institutions
US GAAP, IFRS accounting knowledge
Understanding of international regulatory landscape, experience with statutory accounting/reporting groups across several major international geographies
Experience of building and maintaining strong control environment (risk excellence, experience with SOX, RCSA controls, etc.), establishing policies, procedures and strong internal controls
Demonstrated leadership in improving/building-out the above process groups for multiple geographies and business areas.
Extensive experience of managing & performing day-to-day accounting operations, month-end and quarter-end activities for the above areas of accounting
Experience of leading re-engineering of R2R (record-to-report) processes and driving similar centralization of the end-to-end activities for the major financial institutions
Skills required:
Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
Knowledge of Hyperion Essbase, Oracle Financials
Knowledge of Spotfire, Tableau, data analytics and visualization (or similar) a plus
Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes
Pride of ownership with the ability to deliver high quality results timely
Self-motivated, self-assured, and self-managed
Strong analytical and ability to analyze and summarize complex financial transactions
Strong attention to details & Problem solving skill
Highly organized with ability to multi-task and work under high pressure deadlines