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Executive role in Record to Report (RTR) - General Ledger Accounting for a multinational IT services provider. The position involves managing financial closing activities, GL entries, reconciliations, fixed asset accounting, intercompany transactions, and ensuring compliance with accounting standards.
Job Responsibility:
Ensure timely and accurate financial closing activities
Oversee GL entries, reconciliations, and adjustments. Prepare and post standard and complex journal entries
Perform periodic reconciliations of balance sheet and P&L accounts
Calculate and post accruals for expenses and provisions based on business inputs
Update SAP fixed asset module with asset details
Perform depreciation run and reconciliation activity as per defined procedures
Process routine journal entries for book closing, disposal of asset and others
Respond to queries in a timely and accurate manner
Create data trackers for supporting monitoring activities
Record and process intercompany invoices, payments, and journal entries
Coordinate with internal teams to reconcile intercompany balances and resolve discrepancies
Prepare and analyse intercompany reports for month-end, quarter-end, and year-end close processes
Ensure compliance with local and international accounting standards and tax regulations
Maintain intercompany agreements and ensure transactions are aligned with transfer pricing policies
Support the implementation and monitoring of internal controls related to intercompany processes
Perform and review reconciliations for key accounts to ensure integrity
Work with finance, tax, treasury, and business units to resolve issues
Respond to queries and requests from management or other departments
Proactively communicate and escalate unresolved intercompany issues to management
Ensure all SLA and KPI are properly managed
Provide various audit support during internal and external audit
Good understanding on the end-to-end month ends close activities
Requirements:
Postgraduate or a bachelor’s degree with relevant experience in Operations
2- 5 yrs experience
Proven experience in RTR process preferably in a shared service environment managing a team of executives ranging from entry to experienced individuals
Strong attention to detail, organised and results orientated
Good working knowledge of Finance processes
Excellent verbal and written communication skills
Exposure to SAP Finance & relevant modules
RTR process re-engineering and project management skills