Skill required: Record To Report - Balance Sheet Account Reconciliations
Designation: Record to Report Ops Associate
Qualifications:BCom
Years of Experience:1 to 3 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions. Record to Report (R2R) is a finance and accounting process that involves collecting, processing, and delivering accurate financial data. This includes recording transactions, reconciling accounts, and preparing financial statements. The goal is to provide a clear and accurate picture of a companys financial performance. Effective R2R processes ensure compliance with accounting standards and support informed decision-making. It is essential for financial transparency and accountability. keyword includes:-(Fixed asset,Amortization,Depreciation,Accruals,Finacial Consolidation,Account recon/ bank,Treasury,Finanacial reporting standard'financial analysis,SOX) Involves balancing all balance sheet accounts against sub-ledger or other non-general ledger based source data to verify whether the balance sheet accounts are in balance with the source system feeding the general ledger. Differences which arise are addressed as reconciling items.
What are we looking for We're looking for an experience R2R professional with hands-on experience to following:
- Period Close & Consolidation
- Balance Sheet Reconciliation
- Journal entry posting & analysis
- SAP exposure
- Ability to perform complex analysis and sharing recommendations
- Excellent communication skills (written & spoken)
- Ability to work under difficult situations with a result-oriented approach Roles and Responsibilities: In this role you are required to do the following tasks:
- Manage month-end/quarter-end/year-end close in line with SLA & client expectations
- Perform Balance Sheet Reconciliation & identify action items
- Open item resolution & timely discussions with client
- Post journal entries for account clean-up and adjustments
- Adhere to agreed SLAs with client
- Flexible to meet business requirement in terms of shift timings & roles
