Record To Report

About the Role OSTTRA India The Role Record to Report - Cost Accounting The Team Osttra Finance Team is based out of the UK India Penang Sweden and US It is an entrepreneurial team who is highly energetic flexible dynamic and works beyond boundaries to deliver the real values We are standing up an independent global finance team The Impact OSTTRA has the largest financial institutions in the world as clients We believe that long-term value to the client is the most important goal of our team and technology is the tool to bring that value and your contribution in the form of delivery improvements and innovations can have a significant impact on the financial system About the Role The Record to Report R2R Senior Associate will play a crucial role within the OSTTRA Finance Team focusing specifically on the accurate and timely closure of operating costs in the ledger This position requires a strong understanding of underlying business accounting principles and meticulous attention to detail to ensure the integrity of financial records The successful candidate will be responsible for managing end to end accounting of costs including overseeing the month end close cycle all the associated accounting adjustments Accruals Prepayments Provisions Reclassification Reconciliation Substantiation Working Hours India Hours the candidate must be flexible to support UK hours Responsibilities and Impact The Senior Associate is responsible for ensuring the ledger integrity encompassing several duties including but not limited to Month-End Close Managing the end to end accounting of operating costs This involves preparation review of month-end journals including accruals provisions reclassifications prepayment journals within stipulated timelines as well as in adherence to the month end closing calendar of OSTTRA Reporting Exposure in creating and maintaining the reports in SAP to support the management reporting Internal Controls To ensure month end processes are governed as per local policies and procedures and are complied with the internal financial control process at OSTTRA Reconciliation Substantiation Performing sub-ledger to general ledger reconciliation and substantiation of journals and balance sheet accounts related to operating costs to ensure accuracy and resolve any discrepancies promptly Chart of Accounts Manage the end-to-end lifecycle of CoA elements e g GL accounts cost centres profit centres including creation modification deactivation and hierarchy maintenance in SAP Audit Support Leading the engagement with auditors for end to end operating costs process ensuring timely closure of audit items Process Improvement Proactively identifying opportunities to enhance and streamline accounting processes leveraging automation and best practices to improve efficiency and accuracy Initiatives Projects Lead initiatives projects as required to support any business driven system changes Stakeholder Management Collaborate cross-functionally with teams such as Group Financial Control Legal Entity Control FP A and Technical Accounting to strategically address and resolve ad-hoc financial and operational challenges Basic Required Qualifications To be successful in this role the Record to Report Senior Associate must possess a mix of Technical Professional competencies They must be adept at Experience 8-10 years of relevant experience in an accounting or finance role with a strong focus on Record to Report activities and comprehensive experience in operating cost accounting Financial Accounting Acumen Good understanding of accounting principles US GAAP and financial reporting with specialisation of operating costs accounting Driving Change System Implementation Good working experience in process system transition Preferably SAP As a process owner can play a key role in implementations before go-live and can manage post go-live Someone who embraces and champions change thrive in dynamic environments and drives innovation Team Management Team lead experience in global working environment effective delegations within team goal setting and performance discussions can build a high performing team with a clear sense of ownership and accountability Communication Exceptional verbal and written communication skills with the ability to present complex financial information clearly and concisely to key stakeholders Analytical skills Strong ability to analyse financial data identify trends and explain variances Attention to Detail Meticulous approach to reviewing financial data reconciliations and journal entries to ensure 100 accuracy Adaptability Ability to thrive in a fast-paced dynamic environment and manage competing priorities effectively Problem-solving Proactive and solution-oriented mindset with the ability to identify issues and implement effective resolutions Technological proficiency Strong proficiency in Microsoft Excel VLOOKUP pivot tables advanced formulas and experience with ERP systems e g SAP Oracle Qualifications Graduates in Finance and preferred are CA ICWA MBA Finance Specialization in operating costs accounting at least the last 5 years Strong experience with month-end close procedures and financial reporting The Location Gurgaon India About Company Statement OSTTRA is a market leader in derivatives post-trade processing bringing innovation expertise processes and networks together to solve the post-trade challenges of global financial markets OSTTRA operates cross-asset post-trade processing networks providing a proven suite of Credit Risk Trade Workflow and Optimisation services Together these solutions streamline post-trade workflows enabling firms to connect to counterparties and utilities manage credit risk reduce operational risk and optimise processing to drive post-trade efficiencies OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20 years MarkitServ Traiana TriOptima and Reset These businesses have an exemplary track record of developing and supporting critical market infrastructure and bring together an established community of market participants comprising all trading relationships and paradigms connected using powerful integration and transformation capabilities About OSTTRA Candidates should note that OSTTRA is an independent firm jointly owned by S P Global and CME Group As part of the joint venture S P Global provides recruitment services to OSTTRA - however successful candidates will be interviewed and directly employed by OSTTRA joining our global team of more than 1 200 post trade experts OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20 years MarkitServ Traiana TriOptima and Reset OSTTRA is a joint venture owned 50 50 by S P Global and CME Group With an outstanding track record of developing and supporting critical market infrastructure our combined network connects thousands of market participants to streamline end to end workflows - from trade capture at the point of execution through portfolio optimization to clearing and settlement Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology playing a central role in supporting global financial markets Learn more at What s In It For You Benefits We take care of you so you can take care of business We care about our people That s why we provide everything you-and your career-need to thrive at S P Global Our benefits include Health Wellness Health care coverage designed for the mind and body Flexible Downtime Generous time off helps keep you energized for your time on Continuous Learning Access a wealth of resources to grow your career and learn valuable new skills Invest in Your Future Secure your financial future through competitive pay retirement planning a continuing education program with a company-matched student loan contribution and financial wellness programs Family Friendly Perks It s not just about you S P Global has perks for your partners and little ones too with some best-in class benefits for families Beyond the Basics From retail discounts to referral incentive awards-small perks can make a big difference For more information on benefits by country visit Recruitment Fraud Alert If you receive an email from a spglobalind com domain or any other regionally based domains it is a scam and should be reported to S P Global never requires any candidate to pay money for job applications interviews offer letters pre-employment training or for equipment delivery of equipment Stay informed and protect yourself from recruitment fraud by reviewing our guidelines fraudulent domains and how to report suspicious activity Equal Opportunity Employer S P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race ethnicity color religion sex sexual orientation gender identity national origin age disability marital status military veteran status unemployment status or any other status protected by law Only electronic job submissions will be considered for employment If you need an accommodation during the application process due to a disability please send an email to and your request will be forwarded to the appropriate person US Candidates Only The EEO is the Law Poster describes discrimination protections under federal law Pay Transparency Nondiscrimination Provision - 20 - Professional EEO-2 Job Categories-United States of America BSMGMT203 - Entry Professional EEO Job Group Job ID 322204 Posted On 2025-11-18 Location Gurgaon Haryana India