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Global Finance Associate
1 month ago
Who We Are
BCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world's best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and where we are headed next. We count on your authenticity, exceptional work, and strong integrity. In return we are committed to supporting you in discovering the most fulfilling career journey possible-and unlocking your potential to advance the world. Our team called Global Services (GS) provides corporate support to business areas such as Finance, Legal, HR, Marketing and IT. This diverse team of experts, operators and specialists represent all levels from Partner to entry level staff, operating across the globe in multiple countries. Global Services is in short, the backbone of BCG.
What You'll Do
Founded in 2022, the Enterprise Services (ES) organization delivers efficient, resilient, and scalable services globally, supporting BCG's diverse teams. It is an evolving BCG organization that is predominantly focused on providing Global Business Services (GBS) activities to every part of BCG. It includes a range of business-critical services and expertise, including Global Finance & Operations Services (GF&OS), Procurement & Payables, Travel, Meetings & Events, Case Team Services, ClientView (Lead-to-Cash), Real Estate, Executive Support Services, and Business Insights and Analytics; supported by transversal expertise in our product portfolios and excellence functions.
As a part of the Global Finance & Operations Services (GF&OS) team, you will play a key role in recording, validating, reporting, and analyzing financial transactions, such as timesheets and expenses, to ensure accurate accounting and internal financial reporting. You will also be responsible for maintaining employee and project code data within our financial systems, reconciling and providing reports on key transactions. The team will support BCG offices across multiple global locations, collaborating closely with local finance teams to ensure that all financial information is accurately recorded, tracked, and corrected within established timelines. Additionally, the team will coordinate and manage queries across finance, HR, and other teams, ensuring timely follow-up and resolution of any issues.
Roles and responsibilities:
- Perform accurate recording of timesheet and expense data, prepare and process corrections and adjustments basis inputs from local finance teams and other financial activities in compliance with local and global finance practices
- Reconcile and analyze transactions processed and/or adjusted to ensure they accurately flow to the financial documents.
- Create, update and maintain employee and project data in finance systems on a day-today basis to ensure the data/records are up-to-date.
- Validate and reconcile employee/project data using system reports and queries. Address questions and research issues promptly.
- Prepare and distribute the routine reports and follow up reminders to local finance teams
- Build and maintain relationships with local finance teams to address time and expense related questions that may arise
- Ensure strong internal controls by maintaining back-ups/schedules supporting financial transactions. Follow defined processes and highlight when there is a need for change or update
- Maintain exception logs for the process-related exception as and when they occur for tracking and knowledge retention
- Adhere to the internal governance framework and guideline established by the management on the day-to-day operational activities
- Ensure understanding of basic financial accounting concepts and principles including process of recording, summarizing & reporting transactions in a time period, chart of accounts, system hierarchy and mappings.
- Develop baseline knowledge of finance systems, processes and transactions flow to ensure more pro-active and independent problem solving
- Active participation in the organization-wide projects and initiatives
What You'll Bring
- Bachelor’s Degree in Accounting or Finance preferred, with 1-3 years of relevant experience in financial accounting & reporting, time & expense processing, query management etc.
- Prior experience of working in a global finance and operations team and setup is required
- Strong and proven proficiency in MS Excel, Word, PowerPoint and adaptable to different technology and/or software applications/tools
- Practical work experience and exposure to working with various ERP systems e.g. SAP, Oracle, Infor, Concur etc.
Who You'll Work With
We pride ourselves on a collaborative working environment and utilize digital tools to foster that collaborative environment across a global company. The GF&OS team aims at providing best in-class operational excellence and execution through partnership, building trust and credibility. It provides a foundation to ensuring smooth finance operations, coordinating change and ensuring performance of individual processes with high service levels.
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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