Accounts Analyst III

About the role:

• Ensure timely booking/processing of Incoming cash transactions, GL entries for the entities on a daily basis within the guidelines/SOP.
• Ensure timely processing of payments within bank cut off time and clear understanding of various Swift MT messages
• Ensuring all Funding transactions are timely booked and accounted in the appropriate systems.
• Ensure adherence to SLAs, KPIs set about handling of Incoming Cash and Outgoing Payments.
• Ensure all necessary Reconciliations are completed and submitted for review and are approved on time with required Quality and completeness.
• Ensure all Open Items are reviewed, actioned on time and escalated timely.
• Ensure all activities relating to Monthly and Quarterly Closing are performed timely and communicated appropriately to Stakeholders.
• Ensure appropriate awareness and adherence to Operational and Risk related Controls.
• Assist in managing transitions of new services added to the portfolio, system changes and processes.
• Assist in managing the relationships with service recipients in order to optimize service satisfaction and improve NP Promoter Score
• Proactively Own and Collaborate with AP/TE, Business Transformation team in successful implementation of
• Project Portfolio including Global Financial Transformation Projects.
• Proactively collaborate with Cash and Cost Operations Bratislava counterparts and foster alignment.
• Drive and contribute to continuous improvement initiatives and contribute to projects (Global & Internal )
• Working knowledge of ORACLE/SAP ERP systems would be advantage.
• Be able to analyze gaps in payments processes and outline possible solutions and improvements
• Share knowledge and expertise with all team members including being able to Train new team members.
• Develop and Practice effective Presentations and Communication skills.
• Maintaining of SOP and updating any changes in SOP on a timely basis
• Ability to handle all activities for different regions in scope of payments, receipts & reconciliations space.
• Clear understanding of manual journals posted for different transactions to handle queries received from different stake holders.
• Ability to process Payments through different Payment Methods and Banking processes / systems (Wires, ACH, Swift, Cheques etc.)
• Ability to handle audit queries received from Governance, internal / external auditors
• Ability to interact with different banks where we have operating accounts and provide any clarifications to clear the payments
• Clear understanding of International Trade Controls and Anti money laundering concepts
• Stakeholder management
  • Regular interactions with stakeholders - understand stakeholders needs and work together with Team to deliver
  • Excellent client service.
  • Manage expectations from different global stakeholders

About the team:

Payments, Receipt & Reconciliation team is part of the Cash and Cost Operations Unit, Bangalore. The team is responsible for handling Outgoing Payments, Incoming Cash, Processing and Approval of all Bank Accounts and Manual Journals, Reconciliation of Bank and Control Accounts including Coordination and Execution of Monthly and Quarterly Close Activities in collaboration with various Cross Functional teams / Stakeholders within and outside Finance

About you:

• University degree in the area of finance, banking, accounting, along with relevant work experience of minimum 4 to6 years in the Payments, Cash Handling, Reconciliation domain.
• Advanced accounting knowledge (Understanding of balance sheet accounts, P&L accounts, control accounts)between these accounts together with impact on Accounting and Reporting
• Technical knowledge of Accounts Payables and/or Payments systems and processes will be a key advantage.
• Has worked with Accounting ERPs viz SAP / Oracle.
• Has worked with reconciliations tools like BlackLine, Phoenix etc.
• Proven track record of Business Process Improvement experience and related skills.
• Professional knowledge in MS Office tools, especially MS Excel and MS PowerPoint
• Language skills: English fluent written and spoken
• Proven relationship builder across the organization
• Proactive attitude, self-motivated, team player, willing to learn
• Planning, organizing, and prioritizing
• Ability to work cross functionally within the Business.
• Possess Strong Interpersonal skills