Accounting Representative I
BNY
ERPOracle
Vice President, Accounting
BNY
full-time
Posted on:
Location Type: Hybrid
Location: Chennai • 🇮🇳 India
Visit company websiteJob Level
Lead
About the role
- Monitor month-end close activities and variance analysis, as well as general ledger balance sheet account reconciliations
- Manage month-end closing of books of accounts, working on various sub-ledgers, accounting knowledge, and balance sheet reconciliation and reporting activities
- Apply excellent knowledge and expertise in month-end close, accruals and prepaids, variance analysis, and lease accounting
- Comprehend agreements and statements of work to determine the correct accounting treatment
- Prepare and review journal entries, substantiate supporting documentation, manage intercompany affiliate transactions, and perform general ledger balance sheet account reconciliations
- Make decisions and escalate issues to local or onshore management as appropriate
- Proactively identify unique business scenarios throughout all aspects of the process cycle, think differently, formulate, and implement process improvements to drive speed and simplicity, gaining credibility and partnering across diverse cross-functional teams
- Deliver analytical support for activities including audits, response to ad hoc requests, and various assigned special projects
- Establish relationships and build connectivity as a self-starter, passionate, and effective communicator
- Build relationships with stakeholders to deliver customer-centric solutions
- Deploy best practices gained from earlier experience focusing on process improvement and elimination of manual efforts
- Contribute towards automation and process improvement, supporting team members by assisting with accounting concepts and identifying potential manual areas to automate
- Ensure financial data integrity by maintaining completeness, accuracy, timeliness, and accessibility; uphold effective controls compliant with SOX, USGAAP, and relevant accounting standards
- Apply policies and standards from Global Process Owners and Technical Accounting COE; properly use the BNYM Standard Chart of Accounts and maintain consistent data definitions
- Lead and coordinate ad hoc/special projects as needed; actively participate in demand and service management processes
Requirements
- 12+ years of experience in Record to Report (R2R - General Accounting)
- Qualifications: M.Com / MBA / CWA-Inter / CA-Inter with 10 or more years of post-qualification experience, or CA, CPA, or CWA with 6 or more years of post-qualification experience
- Good written and oral communication skills
- Strong problem-solving skills
- Demonstrated expertise in finance and accounting, with substantial experience managing complex global accounting operations across various business lines
- Experience in client handling, preferably with overseas clients
- A confident and calm demeanor with the ability to perform under pressure
- Preferably, experience in Banking, Financial Services and Insurance (BFSI), Investment Management, and Investment Services
Benefits
- Highly competitive compensation
- Benefits and wellbeing programs
- Generous paid leaves including paid volunteer time
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
month-end closevariance analysisgeneral ledger reconciliationjournal entriesaccrualslease accountingfinancial data integrityprocess improvementautomationUSGAAP
Soft skills
communication skillsproblem-solving skillsself-startereffective communicatorrelationship buildingcalm demeanorability to perform under pressureanalytical supportcross-functional collaborationdecision making
Certifications
M.ComMBACWA-InterCA-InterCACPACWA