Finance Associate

1 week ago

Delhi, Delhi, India Boston Consulting Group Full time

WHAT YOU'LL DO:

  • Join us as we embark on a journey to transform BCG's Finance organization. "Future Finance" is a multiyear journey to prepare the Finance function for the BCG of the future: a BCG that continues to grow, and one that has become more complex, more diverse and more interdependent. By rethinking structures and standardizing processes across geographies and business entities, we will make it simpler and more efficient to work together and flex to meet the needs of BCG. As a part of the Global Finance Operations Services team, you will support and deliver on daytoday activities in the RecordtoReport (RTR) function including finance & accounting management process of collecting, processing, consolidating, closing and reporting on relevant, timely and accurate information used to provide financial, strategic and operational feedback which aids in decision making process. You should have experience in financial accounting and reporting, revenue accounting. fixed assets and lease accounting, intercompany accounting, accrual/prepaid accounting and reconciliations, month end/year end close, accounting systems and procedures, consolidation of financials, audit controls and governance etc. Your key stakeholders will include various internal BCG functions and the local finance teams located in multiple geographies. _

Roles and responsibilities:

  • Understanding of accounting concepts in conjunction with knowledge of financial systems, data flow, chart of accounts, consolidation, system hierarchies & mappings
  • Perform monthly accounting transactions, including accurate recording and review of revenue and expenses, general ledger and subledger management, monthend accruals and journal entries for costs, and other financial activities in compliance with local, BCG and other accounting practices
  • Review, reconcile and analyze aspects of the monthly financial statements, inclusive of consolidation, reconciliations, allocations, accruals & prepayments and variance analysis
  • Ensure that all assigned balance sheet and expense accounts are reconciled, balanced, and maintained in accordance with company procedures
  • Develop baseline knowledge of accounting processes to help provide back up support to team
  • Utilize system reports and queries to obtain required data to address questions and/or research on issues
  • Work with IT/finance system's team to investigate and resolve month end related system issues and reconciling difference while performing system reconciliations
  • Ensure strong internal controls by maintaining backups/schedules supporting accounting transactions. Adhere to the internal compliance policy and guideline established by the management on their daily operational activities
  • Partner with Finance Managers and Leads to conduct holistic review of accounting operations, identify opportunities for improvement and implement recommendations
  • Support in developing appropriate accounting procedures and process documentation to ensure smooth monthly/quarterly/annual close process
  • Ability to solve practical problems and assist with documentation alization of procedures
  • Identify and report any deviation from preset guidelines/procedures for timely advice/solution from line manager
  • Independently perform transactional tasks which support the compliance, planning, and execution of assigned processes
  • Complete ad hoc requests and perform other duties as needed with mínimal oversight Active participation in the organizationwide projects and initiatives

YOU'RE GOOD AT:

  • Strong accounting background that supports analytical skills
  • Sound analytical skills, ability to navigate details and a willingness to look at data in different ways. Ability to synthesize data and consistent attention to detail
  • Experience with Excel—ability to design, enhance, and maintain spreadsheets and databases
  • Comfort with ambiguity and cross validating results through indirect means
  • Demonstrates sound judgment, high level of initiative and resourcefulness
  • Comfort with multitasking and prioritizing within a fastpaced, demanding environment
  • Flexibility, comfort and desire to dig in and work through the details
  • Understands value of an iterative process
  • Ability to work effectively in team environment and independently
  • A track record for successfully interacting at all levels
  • Good judgment, strong interpersonal skills and a collaborative style
  • Ability to perform effectively under pressure and changing situations with tact, poise & patience
  • Excellent oral and written communication skills
  • Flexibility to multitask on different projects in a fastpaced organization
  • Proven ability to plan work effectively and prioritize work even in stressful situations
  • Demonstrates responsiveness, initiative, orientation towards service & broader business needs
  • Experience working successfully within a complex matrix structured organization is essential. Proven ability to drive con

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