Senior Finance Specialist - Cash Accounting and Controllership

Sr. Finance Specialist Controllership - Cash Accounting (L07)

Job Description:

Role Title: Sr. Finance Specialist Controllership - Cash Accounting (L07)

Company Overview:
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

• We have recently been ranked #2 among India’s Best Companies to Work for by Great Place to Work. We were among the Top 50 India’s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.

• We provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being

• We provide career advancement and upskilling opportunities for all to take up leadership roles

Organizational Overview:

Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers Cash Accounting, general accounting, client accounting, reconciliations, closing & reporting, system maintenance, governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.

Role Summary/Purpose:

This role will support Cash Accounting processes including daily balancing of customer related payment activity, disbursements, month-end close, and month-end reconciliations. 

Essential Responsibilities:

• Detailed knowledge of process flow of assigned accounts and Blackline balancing procedures

• Completion of daily balancing/tasks for all assigned accounts and monitoring of aged items in accordance with assigned thresholds

• Research/follow up on all reconciling items for assigned accounts with strong root cause/action plans documented.

• Process improvement ideas for assigned accounts and implementation of small scope improvements

• Completion of month-end responsibilities including journal entry preparation and reconciliations in accordance with SYF standards

• Support of Governance initiatives including job aid preparation, updates, and testing

• Support ad hoc reporting requests

• Other duties as assigned

Qualifications/Requirements:

• Bachelor’s Degree in Accounting or Finance with minimum 1+ years of accounting experience or in lieu of degree 3+ years of experience required.

• Experience working on journal entries and balance sheet

• Excellent communication skills – both oral and written

Desired Characteristics:

• Excellent analytical and problem solving skills

• Software Skills (Excel, Word, PowerPoint)

• Excellent organization and follow up skills

• Ability to execute in a fluctuating environment

• Demonstrated commitment to quality and customer service

• Experience with reconciliation systems (Blackline)

• Experience with Treasury systems

• Experience with Oracle

• Prior banking experience

Eligibility Criteria:

Bachelor’s Degree in Accounting or Finance with minimum 1+ years of accounting experience or in lieu of degree 3+ years of experience required.

Work Timings: 4PM - 1AM IST

For Internal Applicants:  

• Understand the criteria or mandatory skills required for the role, before applying

• Inform your manager and HRM before applying for any role on Workday

• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)

• Must not be any corrective action plan (First Formal/Final Formal, LPP)

• L4 to L7 Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.

• L04+ Employees can apply

Grade/Level: 07

Job Family Group:

Finance

Experience Level

Senior Level