Target | Accounting Analyst | bangalore
1 week ago
Responsible for reconciling, reviewing and resolving issues for all accounting transactions related to GL accounts for Target. To build effective control environment and governance mechanism for Balance Sheet Account reconciliation
PRINCIPLE DUTIES AND RESPONSIBILITIES:
Responsible for reviewing account reconciliations with 100% accuracyPrepare Analyze, Research and Resolve High complex accounts as assigned.Ensure timely and accurate preparation of GL activities.Ensure timely and accurate research and resolution of reconciling items.Analyze account balances and activity for accuracy as per accounting standards and adherence to SOX guidelinesResponsible for maintaining, analyzing and reporting of all metrics to leadershipProactively identify reconciliation risks and communicate the same to the management to implement corrective controls.Responsible to provide timely and accurate information to internal, external and SOX audit.Conduct and evaluate training for new and existing team members on all segment of balance sheet reconciliations and other training initiatives.Share and implement best practices followed across Finance Operations on training partnership, documentation, training methodology.Drive operational efficiencies by identifying accounts to be automated.Driving back up creation for self and every TM.Report the open item status and ensure timely and accurate closure of month end activities.Drive continuous improvement by seeking, promoting, and implementing more effective processes and systems.Responsible for maintaining and reviewing documentation for the respective accounts reconciled.Own and hold periodic meeting with controllership Team to resolve reconciling items.Able to work in both team and individual environmentShould be able to prioritize work and multi-tasking.Responsible for ensuring up to date knowledge on accounting standardsResponsible for any special projects & quality improvement initiatives assigned by the partners or management.
REPORTING/WORKING RELATIONSHIPS:Reports to Target India Accounts Reconciliation Manager. Has working relationships with Minneapolis and India Accounting team.
JOB REQUIREMENTS:MINIMUM REQUIREMENTS:Mandate Bachelor’s Degree, CA,ACCA,CPA,CIMA,ICMA1-2 years of these in reconciliations and accounting experienceWorking knowledge of internal controls, SOX and US GAAP.Hands on experience on any ERP like SAP, Oracle etc.Maintain up-to-date technical knowledge of legal regulations regarding payroll accounting issues.Being self-starter and work independently under minimal supervisionProficiency and accuracy with numbersHigh degree of professionalism, self-motivation, and initiativeAbility to organize and prioritize workload, while meeting strict deadlines and managing pressure.Project planning and multi-tasking skillsStrong PC skills including knowledge of Microsoft application and any ERP package.Proven analytical, problem solving, and decision making skillsAbility to make bold decisions which are accurate and timelyExcellent written and verbal communication skills, including Presentation skillsStrict adherence to confidentiality guidelinesDESIRED REQUIREMENTS:Project planning and multi-tasking skills. Presentation skills will be an added advantage.Transition ExperienceWorking knowledge of BlacklineUnderstanding of Retail accountingDemonstrate leadership ability
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