Skill required: Record To Report - Balance Sheet Account Reconciliations
Designation: Record to Report Ops Senior Analyst
Qualifications:BCom
Years of Experience:5 to 8 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.
- Analytical skills
- Balance Sheet Reconciliations
- Problem-solving skills
- Strong analytical skills
- Adaptable and flexible
- Ability to perform under pressure
- Written and verbal communication
- Ability to manage multiple stakeholders 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.
- Maintain client relationships interface through regular connects and emails
- Coach team members and provide first level advice on procedures/methods
- As an individual contributor, you will oversee small teams and/or work efforts
- You will be given minimal instruction on daily work/tasks and a moderate level of instruction on new assignments. Decisions that are made by you What are we looking for
- Strong knowledge of fixed asset accounting, depreciation methods, and ERP systems (SAP/Oracle preferred).
- Ability to reconcile accounts, identify variances, and recommend corrective actions.
- High accuracy in transaction processing and reporting.
- Monitor and validate interface execution between sub-ledger and general ledger; resolve exceptions.
- Approve corrective adjustments and coordinate with suppliers for issue resolution.
- Post transactions to the general ledger and manage fixed asset requests (creation, amendments, transfers, disposals).
- Process CAPEX, additions, transfers, and disposals in line with approved budgets. Execute Depreciation
- Reconcile fixed asset accounts and prepare variance reports with recommended actions.
- Maintain capital project tracking systems and categorize spending between CIP and GL accounts.
- In this role, you are required to do detailed analysis and solve increasingly complex problems
- As a team lead you will be expected to understand and effectively manage the team's governance and performance
- Understand the level of risk & propose mitigation plans and partner with other support teams as to resolve requests/issues in a timely manner
- Reporting Activities
- Fixed Asset , Reconciliation
- SAP and Blackline Roles and Responsibilities:
- In this role you are required to do analysis and solving of increasingly complex problems
- Your day to day interactions are with peers within Accenture
- You are likely to have some interaction with clients and/or Accenture management
- You will be given minimal instruction on daily work/tasks and a moderate level of instruction on new assignments
- Decisions that are made by you impact your own work and may impact the work of others
- In this role you would be an individual contributor and/or oversee a small work effort and/or team
- Please note that this role may require you to work in rotational shifts
