Job Description

Job Title: Finance Operations

About Us

"Capco, a Wipro company, is a global technology and management consulting firm. Awarded with

Consultancy of the year in the

British Bank Award

and has been ranked

Top 100 Best Companies for Women in India 2022 by

Avtar & Seramount

. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.

WHY JOIN CAPCO?

You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.

MAKE AN IMPACT

Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.

#BEYOURSELFATWORK

Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.

CAREER ADVANCEMENT

With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.

DIVERSITY & INCLUSION

We believe that diversity of people and perspective gives us a competitive advantage.

MAKE AN IMPACT

Requirements:

Job Title: Finance Operations

The Opportunity:

(Brief Overview of the Role)

Manage end to end delivery of BAU operations for Intercompany Differences investigation, Resolving Inter-co breaks at spot & average balances, and Ageing & breaks management, Reconciliations, Follow-ups, Preparation of Control Summary & working with sites to resolve the breaks.

What you'll do:

(List out Key Responsibilities)


Investigate various Intercompany reconciliation, back up documentation for reconciliations and schedules Should be proficient in financial statement closure procedures. Knowledge of the intercompany breaks reconciliation at spot & average balances between entities Hands-on knowledge of derivatives reconciliation & accounting structures related to trading books Knowledge of Intercompany accounting & related processes. Analytical skills to perform Intercompany variance analysis and other analysis. Functional experience in Intercompany accounting for all balance sheet / income statement heads Experience in Saracen GRCA & Intercompany related accounts and the related FSLI Ensure adherence to audit, assurance and compliance requirements. Adhere to and be able to demonstrate adherence to internal controls.

Skills required

Strong Accounting, Analysis & Reconciliation skills. Proficient analytical review skills; ability to add value to customer deliverables through understanding of the business / lateral thinking Pre-empt issues or concerns and flag these off to business partner in a timely manner Have an eye to detail to ensure that there is 100% review of all deliverables Ensure high quality of output is delivered e.g. financial data in the reports etc. is accurately and correctly presented Ability to manage trouble shooting/ secondary reviews and understand all queries raised by business partner and determine escalation as necessary

Accounting skills

Have in-depth understanding of Intercompany transactions and various aspects of it Understanding of Products Control processes is a must Knowledge of Inter-Company Operating Plan will be added advantage

Risks& Controls

Ensure SOPs are updated all times and tested by back ups Adherence to Group policies (FIM/DIM), audit, controls and compliance requirements Ensure testing of processes per BC plan Robust back up planning for uninterrupted service delivery

Customer/ Stakeholder

Good communication skills to be able to understand and provide satisfactory service delivery to In-Country team Hold regular calls with Business partners and eliminate areas of concerns if any Pro-active approach to be able to deal with new requirements, ad-hoc requests and unusual variances

Experience Required

Chartered Accountant/ CPA/MBA Finance/Finance Graduate, with 5-6 years of experience Good understanding of Fusion, FTP, PSGL, etc. Good technical understanding of accounting principles and demonstrated competence in their application Ability to understand and implement Group's risk management policy Experience of interacting with internal and external auditors

What additional skills will be good to have?

(List out good to have skills and certifications)


Knowledge of Saracen 18, various GLs used across entities*
Prior experience of working on any:*
Workflow solutions such as Appian*
Data visualization tools such as Qlik Sense*
Data automation platforms such as Xceptor*