Lead-Financial Accounting

1 week ago

Bengaluru, Karnataka, India Tesco Full time
Job Description

Reconcile General ledger to Subledger and being accountable for the financial close process in accordance with agreed period close schedules and in compliance with financial standards (TGAP) and controls framework.
• Understanding the relevant systems to ensure correct processing of financial transactions including Application of
• basic accounting concepts of Debits / Credits; Control accounts while recording transactions.
• Responsible for completeness and accuracy of various trackers.
• Review of the reconciliations inline with best way requirements as per Risk assessment methodology; adheres to timelines and understands the importance of accuracy to avoid surprise scenarios in balances sheets.
• Ensure highlighting of all accounting issues in the Balance sheet reconciliations with suggested probable solutions
• Be considered as go to person for the team & Liaising with different IT teams / Business teams.
• SME who can be approached for Accounting/ reconciliation issue.
• Supports Internal and External Audit.
• Following our Business Code of Conduct and always acting with integrity and due diligence
• Understands "MY" Objectives and work priorities (including Key Performance Indicators) and works towards achieving and exceeding them
• Is a good Teammate; and takes on First Line Supervisory responsibilities of coaching; training and communication. Store Analysis and query resolution. Decision making in financial transactions impacting the Shrink numbers to the stores.
Assume complete responsibility in month end close process for the assigned area and be responsible for accounting and recording of transactions including issues resolution; Audit management and Process training

Qualifications

Analytics and query resolution
Understanding of store operations and co-relate it to the accounting impact to the business
* Balance sheet Reconciliation & P&L concepts
* Conceptual Knowledge of IFRS / IAS
* Knowledge of Retail industry; Business; Operational aspects of retail (stores); Commercial (Buy & sell)
* IT Tools Acumen - Ability to Understand / Navigate
through; flow of finance data through various systems
* Problem solving
* Logical thinking
* ERP - Oracle / Other ERP In Finance Domain
* Accounting Basic concepts (Including Golden rules)

Additional Information

Last Date of Application: 4th June 2024

Important Notice:

On behalf of Tesco Bengaluru, we must caution all job seekers and educational institutions that Tesco Bengaluru does not authorise any third parties to release employment offers or conduct recruitment drives via a third party. Hence, beware of inauthentic and fraudulent job offers or recruitment drives from any individuals or websites purporting to represent Tesco. Further, Tesco Bengaluru does not charge any fee or other emoluments for any reason (including without limitation, visa fees) or seek compensation from educational institutions to participate in recruitment events.

Accordingly, please check the authenticity of any such offers before acting on them and where acted upon, you do so at your own risk. Tesco Bengaluru shall neither be responsible for honouring or making good the promises made by fraudulent third parties, nor for any monetary or any other loss incurred by the aggrieved individual or educational institution.

In the event that you come across any fraudulent activities in the name of Tesco Bengaluru, please feel free report the incident at

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