Job Description

Note:

  • Specific/ mandatory skills: Accounting & Reporting
  • Shift timings: General Day shift
  • Work from Home at present (Yes/No): Hybrid model.

Description
The Senior Associate will be responsible for Month end accounting and reporting process. The primary function of the role is processing of standard adjustments on the ledger, participate in LEC control initiatives, including General Ledger Reconciliation and Substantiation and LEC metrics and ensure accurate, timely and quality delivery of services provided within a risk free controlled environment, to ensure Bank’s overall client satisfaction.

Responsibilities:

  • General Ledger Reconciliation and Substantiation and LEC metrics
  • Accounting and supporting reporting for India Entities via the onshore CFO function, including IFRS reporting to Head Office.
  • Generating MIS Packs
  • Exception management including reconciliation and break resolution
  • Liaise with the customer and ensure that information is received as per requirement with adequate approvals and standards laid down
  • Ensure completion/adherence of activity as per standard procedure/key operating procedure.
  • Ensure quality/quantity of processing is maintained as per the SLA
  • Assist to drive process changes in the team to be more efficient and ensuring we still operate in a controlled manner
  • Escalate all issues in time, to the appropriate level, to avoid any adverse impact on the business
  • To manage the data flow from various upstream systems to SAP R3 and underlying mapping as part of Exception Management.
  • To coordinate and get the SACs and unmapped items cleared for ME process.
  • Understand FRRR architechture and conduct on-the-job training for new joiners
  • Assisting the team in investigation of mapping related issues and taking complete ownership of the situation.
  • Participate in UAT for various projects as raised by CTB from time-to-time and provide user inputs
  • Ensure team work culture is practiced
  • Ensure proper back-ups created and assist other teams during contingencies (Staff shortage, high volumes etc)

Experience

  • 3+ years of professional experience (preferably in Finance teams of banks, investment banks or professional accounting / audit firms or in a similar capacity in a BPO / KPO center).
  • Should have handled preparation of Bank Reconciliation statement including end to end follow for pending / aged items and resolution
  • Should have knowledge of SAP Architecture
  • Should have knowledge of FRRR Architecture
  • Should have knowledge of Reference Data maintenance (Static Data Maintenance)
  • Should have working knowledge of SAC and Unmapped clearance processes
  • Should be able to investigate the issues related to mappings of data flow from various sub-systems to SAP
  • Working knowledge of Indian Accounting Standards

Education and certification:

  • Graduate or Post-Graduate in Commerce

Soft Skills:

Communication

  • Ability to communicate effectively (oral & written)
  • Focused on providing timely and quality output

Analytical abilities

  • Displays a high degree of control awareness
  • Has a natural intellectual curiosity
  • Attention to detail
  • Strong analytical / business problem-solving skills

Time management skills

  • Well organized & able to clearly present results of work
  • Ability to work under pressure and to deadlines
  • Ability to manage own time

Drive and Motivation

  • Passion for change and confidence in own abilities
  • Be comfortable & willing to drive process improvement
  • Diligent, thorough, shows initiative and is proactive

Personal Qualities:

  • Proactive, attention to detail / quality of work, able to cope with pressure and deal effectively with demanding clients. Ability to challenge status quo.