Senior Financial Consolidation Specialist

7 days ago


vijayawada, India beBeeConsolidations Full time

Job DescriptionWe are seeking a seasoned Financial Consolidation Specialist to join our team. As a key member of the financial operations group, you will be responsible for ensuring the accuracy and timeliness of our financial reporting.Key Responsibilities:Process trial balance loads from source general ledger systems into FCCS consolidations systems.Translate consolidating financial statements from local currency to USD leveraging system capabilities.Ensure all manual and system eliminations have been processed, and IC and offset accounts are at zero.Process and prepare LE and consolidated CTA proofs to validate whether FS's translated correctly.Provide support for local statutory filings.Quarters OnlyDuring quarters only, the following tasks will be performed:Reload Day 0 FX rates overwriting Day -3 FX rates so that consolidated BS can be re-translated.Process intangible asset roll-forwards for CM, QTR, and YTD and validate they are correct.Process goodwill roll-forwards for CM, QTR, and YTD and validate they are correct.Ad Hoc Reporting configuration in FCCS.Reporting suite maintenance as required.20+ years complex consolidations experience with significant FX remeasurement experience.Significant experience in translating local currency financial statements into parent's USD reporting currency.Significant experience with CTA (cumulative translation adjustment) and CTA proofs and how to troubleshoot this cycle.Significant accounting background and experience is required. Attention to details is required.Significant understanding troubleshooting problems with consolidation.Experience working with an ERP system (Oracle, SAP, NetSuite) and understanding how to analyze a general ledger account.Experience working within an ERP system (Oracle, SAP, NetSuite) and experience with fluctuation analysis process.Significant experience configuring, processing, and preparing cash flow consolidation and related FS and supplemental footnotes.Significant experience using ASC 230 'Effect of Exchange Rates on Cash' proof that is used to ensure consolidated CF's are correct.Experience with intercompany accounts involving many IC subsidiaries.Advanced Excel skills and other FP&A software including pivot tables, VLOOKUPs, basic macros, and standard report generation.QualificationsBachelor's degree with CA or CMA certification.



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