Record to Report Operations Analyst - Fixed Asset Accounting

Record to Report Ops Analyst

Skill required: Record To Report - Fixed Asset Accounting
Designation: Record to Report Ops Analyst
Qualifications:BCom
Years of Experience:3 to 5 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") Design and implement process and solutions to record and process all aspects of fixed assets accounting. Includes chart of accounts alignment, back office integration, folio management, payment processing, transfer & retirement of assets, physical inventory and Construction In Process (CIP) project accounting.
What are we looking for? The Role: • Determining financials by collecting operational data/reports, whilst conducting analysis and reconciling transactions • Process JE’s, Bank upload journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations. • Responsible for general ledger processes including Monthly, quarterly, half yearly and year-end closing, journalizing, etc. • Intercompany Account Reconciliation which involves recording & reconciliation of transactions, also includes assuring that transactional relationships between the entities are in balance. Performing Netting and settlement process. • Review P&L accounts errors, omissions, or inconsistencies and managing the preparation of all reports. • Identify improvement projects, including automation, simplifications, and enhanced controls. Functional Responsibilities: • Understanding of various account reconciliations (Bank / Balance sheet / GL account/Store accounts) on a frequency level of daily/weekly/monthly • Perform variance analysis and provide reason codes for open items • Perform month end closing as per the agreed schedule • Work on open items resolutions received, raise appropriate queries if required to clients and 3rd parties • Prepare and post journals with prior approvals from clients/team leads • Achieve 100% accuracy & productivity for activities in scope. • Perform quality check for reconciliation, queries raised to the client or 3rd parties and share the results with SME. • Interact with client SMEs, Lead for daily work and process related issues and work on open items resolutions received, raise appropriate queries if required to clients and 3rd parties • Must possess good communication skills both e-mail and oral • Generate lean ideas and provide inputs to process leads for improvement opportunities.
Roles and Responsibilities: •In this role you are required to do analysis and solving of lower-complexity problems • Your day to day interaction is with peers within Accenture before updating supervisors • In this role you may have limited exposure with clients and/or Accenture management • You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments • The decisions you make impact your own work and may impact the work of others • You will be an individual contributor as a part of a team, with a focused scope of work • Please note that this role may require you to work in rotational shifts