Record To Report Analyst- Gurgaon

JOB DESCRIPTION:

  Assist business units of client (one of the largest companies in the world) to close their financial books for period-end (Month / Quarter / Year) and enable them to report financial results.

  Reconciliation of assigned accounts in General Ledger to their independent source.

  Processing periodic / regular journals either based on standing instructions from client or as an ad hoc request from client, after carrying out necessary checks per prescribed process.

  Assist the client in the exercise of financial control over books by performing such checks as may be prescribed.

  Prepare any reports or financial information for use by client.

ROLE AND RESPONSIBITIES:

  Internal Audit

  Execute Internal Control & SOX testing as per the agreed plan

  Support internal audit team with basic auditing tasks

  Accurately document and prepare processflows of business processes and testing results and exceptions

  Able to interacts with various levels of Internal Audit and business line management to resolve issues in a timely manner and to maintain effective communications

  Practical knowledge of processes, risks, SOX and internal controls

  General accounting Close Services & Recons

  Manage overall close process.

  Process and review of Standard & recurring J/Es (incl. accruals, prepaid, deferrals)

  Non-standard J/Es (incl. accruals, prepaid, deferrals)

  posting and documenting and tracking approvals

  Initial Balance Sheet and P&L reviews (e.g. trend analyses)

  Approvals and detailed reporting analyses

  General Ledger Reconciliations (Subsegment Accounting)

  Perform and post entries Intercompany Allocations

  Prepare & Post MJEs, prepare reconciliations and respective reports (including for areas like Premium Accounting)

  Perform Management Allocations (E.g. Segment Allocations)

  Perform analysis, create reports, identify and post close and non-close adjustment entries (including areas like Non-Operating & operating Revenue accounting)

  Perform Weekly / Monthly Close activities including Sales, Margin, Reporting

  Intercompany Reconciliations Team

  Inventory Reconciliations Preparations and initial review

  Inventory Valuation -  Run valuation in ERP, analyze valuation output, post adjustments entries

  Margin Analysis and Reporting preparation

  Obsolescence Accruals Calculation and posting

  Confirm Intercompany commission calculations.

  Non - In - House - Cash-Center (IHCC) foreign exchange

  Interaction w/tax, Treasury, legal to determine dividend.

  Interco dividends, cross charges, interest and loans

  Interco netting and settlement

  Interco escalations / communications with FCs

  Enterprise Accounting

  1.  Account Reconciliations Preparation and Initial Review

  2.  Closing & other Journal Entries Preparation and Posting

  3.  Performa analysis, identify and post reserves/allowance/bad debt provision journals (including for areas like premium accounting)

  4. GAAP Segment Allocation in S/4HANA or via Journal Entry Perform analysis and post adjustment entries

  5. Internal Management Reporting  - Preparation, analysis and initial commentary

  6.  Audit and Supporting Activities

  Segment Accounting

  Perform and post entries Intercompany Allocations

  Prepare & Post MJEs, prepare reconciliations and respective reports (including for areas like Premium Accounting)

   Perform Management Allocations (E.g. Segment Allocations)

  Perform analysis, create reports, identify and post close and non-close adjustment entries (including areas like Non-Operating & operating Revenue accounting)

  Perform Weekly / Monthly Close activities including Sales, Margin, Reporting

  Financial Reporting

  Cashflow Statement Preparation

  External Reporting Calendar Maintenance

  SEC Reporting Schedule Preparation and Support (E.g. 10K, 10Q, Monthly Reports etc.)

   Quarterly Financial Statements preparation and support

Annual financial statements for NAIC regulated entities preparation and support

EXPERIENCE:

QUALIFICATIONS REQUIRED:

B.Com must

Preferred - CA/CPA/CISA/CMA

Must have skills:

  Financial Accounting and Reporting

  Knowledge of SAP/ S4 HANA / Oracle / Other ERP

  MS Office, Desktop & Internet Skills