Manage service delivery of a function which delivers General Accounting including but not limited to:
Prepare & post journal entries
Query resolution pertaining to coding, matching, analysis, commentary etc. This may include liaison with other vendors wherever applicable
Reconciliation to various sub systems such as legal entity costs databases
IT cost or regional accruals & prepayments calculations, journal postings, including management of outstanding balances, liaise with business managers and business controllers to determine and agree new/revised accruals
Review actual costs, investigate variances and book adjustments where required, review finalized actuals
Perform various reconciliations i.e. Bank, General Ledger, Inter Company, Fixed Assets etc by reporting & clearing variances if any.
Implement changes to accounting policy - e.g. change in useful life of assets, change in thresholds for capitalization.
Support & perform timely month / year end close as per clients close calendar and preparation of monthly financial statements including regional cost accounting.
Support monthly P&L and Balance Sheet review along with substantiation and explanation for the specific business areas in the region
Forecasting, planning & analysis
IT service Catalogue & specific activities
Cost modeling - exit rate analysis, trend analysis, what-if scenarios.
Accounting policy guidance to IT clients
Consumer Forecast - commentaries, client reviews etc.
Under/over recovery analysis
Budget transfer requests and approval documentation
Support Client F&A Function in areas of Payables, Receivables, Suspense Account management, Reconciliations etc.
Perform sub-processes within Accounts Payables i.e. Invoice processing, vendor setup, vendor query management, payment run etc.
Perform Travel & Expense (T&E) claims processing.
Perform sub-processes within Accounts Receivables i.e. billing, customer setup & maintenance, cash applications, suspense accounts management etc.
Support Fixed asset processes i.e. Fixed Asset reconciliation, addition & disposal of assets, depreciation run etc.
Analyze monthly bills associated with Operational Accounting expenses as assigned.
Support month close activities.
Create, validate and enhance monthly Operational Accounting metrics.
Proactive management of relationship with CFO, onshore regional managers, executive sponsors, business initiators etc..
Head overall engagement from service delivery standpoint including management of project margins, P&L, budget planning & business development.Desired ProfileExperience:
Preferably Chartered Accountant
Minimum 8 yr of experience in core General Accounting (GA) process with exposure of multiple processes within GA, payables & receivables.
Preference to be given to candidates with a BPO experience with reputed banking clients.
Experience of transitioning and setting up GA or F&A processes, AP, AR & Fixed Assets processes from onshore locations.
Intermediate to advance level of knowledge around accountings standards, IFRS and US GAAPs.
Should have intermediate to advance level of knowledge for accounting principles & practices with ability to pass accounting transactions.
Prior experience of heading service delivery of complex and fragmented F&A processes.
Proven ability to head large, multi-functional businesses and work in a matrix-reporting environment.
Prior experience in SAP will be a plus
Advance level of proficiency in MS-Office (Excel & Word). Desired Candidate Profile
Please refer to the Job description above