Senior Executive - General Ledger Accounting (Record to Report)

Senior Executive – GL Accounting (RTR)

Company Description

NEC Software Solutions (India) 

On 1st July 2021, Rave Technologies became NEC Software Solutions India. This change brought us under the global NEC Corporation brand. We are proud to be part of an organisation with 122 years of experience in evolution with technology and innovation.

We have more than 30 years of experience in providing end to end IT services across the globe and have earned a reputation for delighting our customers by consistently surpassing expectations and helping them deliver robust, market-ready software products that meet the highest standards of engineering and user experience. Supported by more than 1300 exceptionally talented manpower, we are a hub for offshore support and technology services.

We work with diverse industry verticals which include publishing, media, financial services, retail, healthcare and technology companies around the world. Our customers range from two-person startups to $bn listed companies.

For more information, visit at www.necsws.com/india.

About NEC Corporation 

NEC Corporation is a Japanese multinational information technology and electronics company, headquartered in Tokyo, Japan. It is recognised as a ‘Top 50 Innovative Company’ globally and the NEC Group globally provides “Solutions for Society” that promote the safety, security, fairness and equality of society. Their main goal is to help create a safer society with their innovations in technologies.

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. 

For more information, visit NEC at https://www.nec.com.  

Job Description

Role Summary:

The individual will be part of the general accounting process in the NEC Global Shared Service Centre (GSSC) for all country units.

Qualification Criteria/Work Experience

Essential:

• Must have proven experience in RTR process preferably in a shared service environment managing a team of executives ranging from entry to experienced individuals
• Strong attention to detail, organised and results orientated
• Good working knowledge of Finance processes
• Excellent verbal and written communication skills
• Exposure to SAP Finance & relevant modules
• RTR process re-engineering and project management skills
• Good working knowledge of Microsoft office

Overall Project/Task description

• Ensure timely and accurate financial closing activities
• Oversee GL entries, reconciliations, and adjustments. Prepare and post standard and complex journal entries
• Perform periodic reconciliations of balance sheet and P&L accounts
• Calculate and post accruals for expenses and provisions based on business inputs
• Update SAP fixed asset module with asset details (with respect to correct category, block of asset, put to use date, location of asset and life of asset)
• Perform depreciation run and reconciliation activity as per defined procedures
• Process routine journal entries for book closing, disposal of asset and others
• Respond to queries in a timely and accurate manner
• Create data trackers for supporting monitoring activities
• Record and process intercompany invoices, payments, and journal entries in accordance with company policies.
• Perform monthly intercompany account reconciliations, ensuring all transactions are accurately recorded and balanced.
• Coordinate with internal teams to reconcile intercompany balances and resolve discrepancies.
• Prepare and analyse intercompany reports for month-end, quarter-end, and year-end close processes.
• Ensure compliance with local and international accounting standards and tax regulations.
• Maintain intercompany agreements and ensure transactions are aligned with transfer pricing policies.
• Support the implementation and monitoring of internal controls related to intercompany processes.
• Perform and review reconciliations for key accounts to ensure integrity
• Work with finance, tax, treasury, and business units to resolve issues
• Respond to queries and requests from management or other departments
• Proactively communicate and escalate unresolved intercompany issues to management.
• Ensure all SLA and KPI are properly managed.
• Provide various audit support during internal and external audit.
• Good understanding on the end-to-end month ends close activities

 

Qualifications

Education: Postgraduate or a bachelor’s degree with relevant experience in Operations

Additional Information

Location: Mumbai 

Working Hours: 8.5 hours / day (UK Shift)

 

Experience Level

Senior Level