Financial Reporting Specialist

3 weeks ago


Hyderabad, Telangana, India OppenheimerFunds Distributor, Inc Full time

Job Summary

As a Financial Reporting Specialist at OppenheimerFunds Distributor, Inc., you will play a critical role in providing business unit general accounting and internal control support. Your responsibility will include completion of the close, ensuring the accuracy of general ledger account balances and trial balance in accordance with US GAAP. This role supports financial reporting and accounting across North America, Europe, and Asia-Pacific regions.

Key Responsibilities:

  • Prepare and record journal entries in the General Ledger in a timely and accurate manner and in accordance with US GAAP.
  • Perform variance analysis of balance sheet and P&L accounts monthly, quarterly, and annually.
  • Prepare balance sheet reconciliations and correcting journal entries to address reconciling items.
  • Provide financial data schedules to support auditor and Sarbanes-Oxley (SOX) compliance requests.
  • Participate in SOX walkthroughs and must be able to evidence compliance with internal controls.
  • Prepare financial reports for internal, government, or statutory requirements as directed.
  • Identify continuous improvement opportunities and escalate to General Ledger Supervisor.
  • Document desktop procedures and ensure procedures are continuously updated to reflect current practices and policies.
  • Deliver work product in accordance with Service Level Agreements (SLA's).
  • Participate in special projects under the direction of the Director of GBS Hyderabad or R2R Management.

Requirements:

  • 3 to 4 years of Accounting experience, specifically in the Record-to-Report process.
  • Experience with accounting and financial systems, preferably Oracle.
  • Experience in Record to Report process improvement and application systems implementation.
  • Knowledge of Microsoft Office suite.

Education:

  • A Bachelor's Degree in Business is required with an emphasis in Accounting or Finance preferred.
  • Knowledge of Financial Services Industry preferred.

Preferred Qualifications:

  • Certified Public Accountancy or Chartered Accountancy a plus.

Contact Information:

Please apply for this role at OppenheimerFunds Distributor, Inc Careers page.



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