Job Description
Primary Function
Responsible for audit and reconcile store sales and providing cash office support related to Cash office
Open Item Management, Cash office Batch Write-offs and accruals, Posting Month-end Close
Journal Entries, The Analyst will play the role of a subject matter expert and will partner with SAO HQ to reduce the Cash Shortage.
Principle Duties And Responsibilities
Maintain Financial Integrity
Responsible for Handling end-to-end process of cash depository accounts which involves
reviewing, matching and clearing of open items in bank GL accounts.
Ensure timely and accurate closure of month end activities.
Responsible in performing daily OIM's to ensure accurate and efficient matching for Bank
accounts.
Responsible for performing month-end activities which include Batch Write-offs and
accruals to ensure smooth closure of the monthly P&L balances.
Ensure in consolidation of daily bank statements.
Internal Controls
Analyze account balances and activity for accuracy and proactively identify risks and take
necessary actions to implement corrective controls.
Perform high level process reviews to identify potential control deficiencies and execute
corrective strategies.
Operational efficiency
Responsible for preparation, analysis and report out of metrics for management reporting.
Identify process improvement ideas to drive operational efficiencies and improve control
environment
Share and implement best practices followed across Finance.
Responsible for training methodology and documentation. Conduct and evaluate training for
new and existing team members
Audit
Serve as single point of contact for statutory/internal audit engagements and ensure proper
Compliance To All Requests In a Timely Manner Systems
Responsible for assessing impact of any system change/upgrades and partnering with technical teams, as required.
Problem Solving
Provide Mentorship to Level 2 Level 3 TMs to ensure GL activities are completed timely and
accurately.
Participate and Lead meeting with stake holders to resolve open issues.Projects and Transitions:
Work on special projects and transitions which may require being part of cross functional
teams.
Reporting/Working Relationships
Reports to Target India Accounting Manager. Has working relationships with Minneapolis and India Accounting team.
Job Requirements
MINIMUM REQUIREMENTS:
Semi qualified Accounting Professionals with Minimum 4 years of accounting experience.
Hands on experience on SAP, SAP CAR & MS Excel, etc.
Working knowledge of SOX controls and US GAAP.
Project planning, multi-tasking skills and presentations skills are mandatory.
Transition Experience of GL activities or other accounting process.
Ability to organize and prioritize team's workload to ensure meeting strict deadlines and
managing pressure.
Proven analytical, problem solving, multi-tasking and decision-making skills
Excellent written and verbal communication skills, including Presentation skills.
Desired Requirements
Experience in Retail accounting and US GAAP Accounting standards
Strong understanding of business process workflows like AP, AR, Payroll, Treasury, Fixed Assets etc.
