Responsibilities
Indicative years of experience: 7 to 8 years
Role Description
This role is part of team that provides accounting support and solutions to Principal Financial Group. This team consists of several processes like Accounts Payable, Accounts Receivable, General ledger (Reconciliations and Journals support), Reporting, Tax, Control and Compliance.
The Lead Analyst will be part of one of these areas and will be responsible for processing, recording, maintaining, reconciling of financial transactions and reports
- Record and process journal entries for HR-related transactions, financial operations, and statutory reporting in accordance with Accounting Standards.
- Knowledge on current RIS BU product & Services will be value add to the process
- Prepare and analyze financial statements, including variance analysis and supporting schedules.
- Support the incentive accrual process, including review, calculations, and coordination with global teams.
- Perform general ledger and balance sheet account reconciliations, ensuring accuracy and compliance with internal controls.
- Support monthly, quarterly, and year-end close activities, including preparation of reports for government filings and internal stakeholders.
- Monitor and resolve discrepancies in payroll GL interfaces and other financial transactions.
- Update and maintain transaction details in databases and financial applications.
- Liaise with global teams and business units to gather data and ensure reporting accuracy.
- Lead troubleshooting efforts and resolve day-to-day accounting issues.
- Support ad hoc reporting and analysis tasks as required.
- Shift - 1.30 to 10.30 PM IST
Qualifications
- Experience with AP/AR and GL/functions and financial close processes.
- Proficiency in Microsoft Excel; working knowledge of PowerPoint and Word.
- Exposure to any ERP systems and reporting tools.
- Strong analytical, organizational, and problem-solving skills.
- Ability to apply judgment in ambiguous situations and make sound decisions.
- Excellent communication skills in English (spoken and written).
- Ability to perform account reconciliations.
- Team-oriented with the ability to work independently and lead others.
