Record to Report Operations Manager - Financial Consolidation & Close

Record to Report Ops Manager

Skill required: Record To Report - Financial Consolidation & Close Operations
Designation: Record to Report Ops Manager
Qualifications:Chartered Accountant
Years of Experience:13 to 18 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 784,000 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? You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions. Record to Report (R2R) is a finance and accounting process that involves collecting, processing, and delivering accurate financial data. This includes recording transactions, reconciling accounts, and preparing financial statements. The goal is to provide a clear and accurate picture of a companys financial performance. Effective R2R processes ensure compliance with accounting standards and support informed decision-making. It is essential for financial transparency and accountability. keyword includes:-("Fixed asset","Amortization","Depreciation",Accruals","Finacial Consolidation","Account recon/ bank","Treasury","Finanacial reporting standard"financial analysis","SOX") Implementation of gen. ledger processes including yearend closing, journalizing. Creating and maintaining ledgers, ledger currencies, budgets, and journal entries, design to deliver a financial management solution including a flexible accounting structure, comprehensive journal processing, hierarchical summaries, intuitive inquiry and reporting as well as dynamic allocations and the management of commitments and expenditures also run Interface reports and perform close books of accounts.
What are we looking for? Responsible for taxonomy steps’ "record Transactions". Perform the following Accounting Activities •Manage Close Process •Responsible for taxonomy step "General Ledger Close" •Responsible for managing SLAs •Support - Create an environment where Client needs are the priority. Build flexibility and adaptability into service offering •Quality Control - Promote high quality service within team •Global Process - Ensures that Global Process is maintained and executed within geography. Proposes process improvements within area. •Tax Compliance •Statutory Accounting Compliance •Single Point of Contact Relevant years of experience in MNC/BPO Experience •Institute of Chartered Accountant of India Association of Chartered Certified Accountants (ACCA) Institute of Chartered Accountant England & Wales (ICAEW) • Accounting Graduates with minimum 5 - 7 years of relevant experience in F&A (CA, ICWAI or CMA preferred) • Relevant understanding of Quality Control, Statutory Accounting Compliance, Tax Compliance. • Balance sheet movement analysis and commentary • Presenting P&L and balance sheet to client stakeholders for review and signoff process • Good Accounting Skills & Sound understanding of Concepts & Principles. • Advanced MS Excel • SAP S4 HANA GOOD TO HAVE SKILLS: • Good Oral & Written communication skills • Flexibility and Adaptability to a situation in quick time • Ability to work under pressure. • Power BI
Roles and Responsibilities: • Accountant - Record to report role involves preparing balance sheet reconciliations, reviewing entries and reconciliations, supporting month end closing, preparing reports and supports in audits. • Records and reviews Transactions to ensure accuracy. • Ensure Close process is completed in an accurate and timely manner. Perform Preparation and Review of the Balance Sheet for various errors, omissions or inconsistencies. Attest to accuracy of General Ledger. Review all reconciliations. Proactively communicate with the Business Unit Leads on close related issues. Ensure Compliance within Accounting Policies. Support extended working hours during close and year end periods. • Respond in a timely manner to Client Financial Controller. Manage SLAs to ensure timely delivery of requests. • Create an environment where Client needs are the priority. Build flexibility and adaptability into service offering. • Promote high quality service within team. • Ensures that Global Process is maintained and executed within geography. Proposes process improvements within area. • Act as the primary operational point of contact for the agreed Record to Report scope, coordinating delivery activities and escalating matters requiring approval or judgement to the Financial Controller. • Responsible for the preparation, review and audit management for local stats and group accounts. • Responsible for the preparation and coordination of tax data and compliance outputs, supporting Group Tax and external advisers, with technical positions and final filings owned by Group Tax. • Delivery of accurate financial statements at Month End Close including execution of associated controls • Establishing the MEC Task List and associated SOP/DTP are in place and in-use • Ensuring Balance Sheet Reconciliations and journals are reviewed for MEC • Financial Analysis, Variance analysis for MEC • Preparation of Accurate and Timely Financial Statements • Preparing and reviewing Regulatory Submissions • Follows the procedures and closely cooperates with Business Unit Leads • Help Business Units to address queries and find resolutions for issues