Record to Report Ops Specialist

Record to Report Ops Specialist

Skill required: Record To Report - Financial Consolidation & Close Operations
Designation: Record to Report Ops Specialist
Qualifications:Any Graduation
Years of Experience:7 to 11 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. • Optimizing working capital providing real time visibility and end to end management of revenue and cash flow and streamlining billing processes This team over looks the entire processes that starts from customers inquiry sales order to delivery and invoicing The Cash Application Processing team focuses on solving queries related to cash applications and coordination with the customers The role requires a good understanding of cash applications the process of applying unapplied cash reconciliation of suspense account in cash application and process them from payment receipt to finalization • 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? • Primary skill - Financial Consolidation & Close Operations - P1 • Education : Bachelor degree in Finance, Actuarial Sciences, Statistics , Accounting • Experience : Up to 6-8 years of experience in Finance and Accounting, with at least 4 years in R2R in insurance industry and 3+ years in Managerial role • Strong command of UEP,IBNR & OSLR concepts along with claim cost forecasting • Proficiency in Excel, Power BI and data management tools
Roles and Responsibilities: • Lead accounting for premiums, claims, reserves, reinsurance, and investment transactions. • Review journal entries, accruals, amortizations, and provisions. • Own month-end close governance and reporting. Manage stakeholder communications and issue resolution. • Ensure adherence to KPIs, SLAs, and control requirements. • Drive standardization and automation opportunities. • Lead a team and support performance management • Drive issue resolution and stakeholder management. • Develop dashboards and KPI reporting. • Mentor team members and support knowledge management.