Financial Consolidations Specialist

6 days ago


thiruvananthapuram, India beBeeFinancialConsolidations Full time

Job TitleA professional seeking a challenging role is desired. The ideal candidate will possess exceptional skills in financial statement preparation, consolidation, and analysis.We are looking for an experienced accountant to join our team as a Financial Consolidations Specialist (FCCS).Job DescriptionThe Financial Consolidations Specialist will be responsible for:Processing trial balance loads from the general ledger system into the FCCS consolidations system.Translating consolidating financial statements from local currency into USD using the system capabilities.Ensuring all manual and system eliminations have been processed, and all IC and offset accounts are at zero.Preparing LE and consolidated CTA proofs to validate whether the FS's translated correctly.Providing support for local statutory filings.Required Skills and QualificationsThe ideal candidate will possess:Complex consolidations experience of 20+ years.Significant FX remeasurement experience.Experience translating local currency financial statements into the parent's USD reporting currency.Knowledge of CTA (cumulative translation adjustment) and CTA proofs, and how to troubleshoot this cycle.Significant accounting background and attention to detail.Understanding of troubleshooting problems with consolidation.Experience working with ERP systems (Oracle, SAP, NetSuite), analyzing general ledger accounts, and fluctuation analysis processes.Experience configuring, processing, and preparing cash flow consolidations and related FS and supplemental footnotes.Experience with ASC 230



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