Career Oppotunity with a Leading Mnc Bank Global

2 weeks ago


Mumbai, Maharashtra, India Riverforest Connections Full time

Position Purpose


The Senior Associate is responsible for the day-to-day maintenance and control of the North American entities? general ledgers for all staff cost topics such as salary, bonus, pension, benefits, etc.

Reviews and coordinates adjustments with significant financial and/or profitability impacts with the business lines that individual supports. Great visibility within the Finance Platform, and frequent communication with Senior Management Responsibilities
- **Direct Responsibilities
- ? Perform month-end financial closings for all the entities (in IFRS and US GAAP).
- ? Enforce controls; prepare balance sheet reconciliation schedules.
- ? Review ledgers and perform account analysis, including reconciliations of balance sheet items for respective expenses accounts.
- ? Analyze, reconcile, and review all accounts under the position?s responsibility by performing a variance analysis of corresponding expenses/prepaid/balance sheet items, highlighting trends, and following up on questions/concerns.
- ? Key role in the forecast and budget process for all North American entities.
- ? Assist in monthly system parameters checking; update and maintain referential (i.e. mapping tables) for which the team is responsible
- ? Manage ad hoc assignments as requested by HO Finance / Regional Finance / internal management.
- ? Direct contribution to Company operational permanent control framework

  • Document and keep procedures for the production of all reporting tasks uptodate
-
Contributing Responsibilities
Projects, Systems Support, Operational Process Improvements
- ? Participate in the upgrades / version releases of respective reporting tools, as well as system amendments / enhancements required to facilitate new / modified reporting requirements. In connection with this effort, assist in user acceptance testing and trouble-shooting after deployment.
- ? Help document operational process improvements in production, control procedures, and workflow organization to support team?s efficiency and effectiveness initiatives. Also, assist in integrating and streamlining the reporting under the team?s responsibility.
-
Technical & Behavioral Competencies

  • Atleast 3 years of experience in a global financial services company (IFRS /USGAAP knowledge preferred)
- ? Prior experience in cost accounting (experience in staff costs accounting ? an asset)
- ? Audit experience preferred and/or management accounting experience preferably within Financial Services industries
- ? Excellent PC skills; ability to learn new systems quickly
- ? Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)
- ? Working knowledge and understanding of SAP and MS Access desirable
- ? Autonomous and capable to work in a diverse team in a context of strict deadline and in an international environment

-
Skills Required:

Management Accounting;Budgeting;Account Management;Expenses;Management Reporting;Banking;Global Delivery;Performance Management

Location
Mumbai

Years Of Experience
2 to 5 Years
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