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 699,000 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.
- Adaptable and flexible
- Ability to perform under pressure
- Analytical skills What are we looking for
- Prepare standard, ad hoc, and adjustment journal entries related to General Ledger.
- Reconciliation and Journals for recording Balance sheet/ General Ledger reconciliations.
- In this role, you are required to solve routine problems, largely through precedent and referral to general guidelines
- Your expected interactions are within your team and direct supervisor
- You will interact with client on need basis and need to adhere to basic principles of communication.
- You will be provided detailed to a moderate level of instruction on daily work tasks and detailed instruction on new assignments and the decisions that you make that would impact your work
- You will need to be well versed with basic Accounting and terms involved in the day to day business and use it while discussing with stakeholders
- You will be required to help in the overall team s workload by managing your deliverables and help the team when required
- You will be an individual contributor as a part of a team, with a predetermined focused scope of work.
- Reporting Activities
- Intercompany, Reconciliation
- SAP and Blackline Roles and Responsibilities:
- In this role you are required to solve routine problems, largely through precedent and referral to general guidelines
- Your expected interactions are within your own team and direct supervisor
- You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments
- The decisions that you make would impact your own work
- You will be an individual contributor as a part of a team, with a predetermined, focused scope of work
- Please note that this role may require you to work in rotational shifts
