Financial Accountant

4 weeks ago

Gurgaon, Haryana, India Boston Consulting Group Full time
Accounting Operations Role

This is a dynamic opportunity to join the Global Finance & Operations Services team as a Financial Accountant. As part of this role, you will be responsible for supporting and delivering on day-to-day activities in the Record-to-Report (RTR) function, including finance & accounting management process of collecting, processing, consolidating, closing and reporting on relevant, timely and accurate information used to provide financial, strategic and operational feedback which aids in decision making process.

Key Responsibilities
  • Develop a comprehensive understanding of accounting principles alongside proficiency in financial systems, data flow management, chart of accounts, consolidation processes, and system hierarchies and mappings.
  • Execute monthly accounting transactions with precision, including the accurate recording and review of revenue and expenses, management of general and sub-ledgers, month-end accruals, and journal entries in accordance with local, BCG, and other relevant accounting standards.
  • Review, reconcile, and analyze various components of monthly financial statements, encompassing consolidation, reconciliations, allocations, accruals, pre-payments, and variance analysis.
  • Ensure all assigned balance sheet and expense accounts are reconciled, balanced, and maintained in line with company policies and procedures.
  • Acquire foundational knowledge of accounting processes to effectively provide backup support to the team.
  • Utilize system reports and queries to gather necessary data for addressing inquiries and researching issues.
  • Collaborate with IT and finance system teams to investigate and resolve month-end system issues, reconciling discrepancies during system reconciliations.
  • Maintain robust internal controls by keeping thorough backups and schedules that support accounting transactions, adhering strictly to internal compliance policies and guidelines established by management in daily operations.
  • Partner with Finance Managers and Senior Managers to conduct comprehensive reviews of accounting operations, identify opportunities for improvement, and implement recommended changes.
  • Assist the team in developing and documenting accounting procedures to ensure a seamless monthly, quarterly, and annual close process.
  • Address practical problems and assist with the documentation and formalization of procedures.
  • Identify and report deviations from established guidelines or procedures promptly to seek timely advice or solutions from the line manager.
  • Independently perform transactional tasks that support the compliance, planning, and execution of assigned processes.
  • Fulfill ad hoc requests and undertake additional duties as required with minimal oversight.
  • Actively participate in organization-wide projects and initiatives, contributing effectively to their success.
Requirements
  • Bachelor's degree in accounting or finance, with experience and strong interest in accounting concepts.
  • 4-6 years of relevant experience in financial accounting and reporting, fixed assets and lease accounting, accrual/prepaid accounting and reconciliations, month end/year end close, accounting systems and procedures, consolidation of financials, audit controls and governance etc.
  • Must be able to perform successfully in a fast-paced, intellectually intense, service-oriented environment and to interpret rules and guidelines flexibly to enhance the business and in keeping with BCG's values and culture.
  • Willingness to provide a wide range of financial services from routine tasks to intricate financial management data.
  • Oracle experience a plus (GL, Fixed Assets and AP), Hyperion, SAP Business Objects, MS Access and other comparable ERP systems experience preferred.
  • MS Excel, PowerPoint, Word proficiency and adaptable to different software applications.
  • Advanced Excel skills and/or experience with other analytical tools (such as Tableau, Alteryx, etc.) will be added advantage.

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