Budget Transfer and Restatement, ENO #208024

Job Description 

Your field of responsibility

This role is responsible for handling Corporate Functions impacting critical re-orgs driven restatements of Actuals & Headcounts along with multiple manual requests of Actual and Budget transfers.

This role involves below activities which impacts globally –

• Assess an impact of organizational changes and prepare Expense & Headcount Allocations, Revenue restatements for historical periods to keep the externally published financials intact
• Match Budget Transfer & Restatement request details against GRM input
• Provide Budget Transfers details to business partners (CF Planning, ACF Budget Allocation, IT Portfolio Team)
• Submit Cross-divisional budget transfer requests in BPS and align with Divisional controllers to get these transfers approved
• Review Re-org driven restatements & Manual Actuals & Budgeted Expense & HC journals and ensure nil impact to externally reported financials
• Adhere to the Internal & SoX controls while analyzing the impact of the entries & posting the journals to the ledger
• Ensure four eye check control is applied over the Budget Transfer & Restatement entries
• Document SoX evidences
• Close co-ordination with GMR team to analysis the Direct Expense, HC & corresponding Allocation impact
• Acquire LEC’s approval and handle their queries around the restatement bookings
• Ensure Budgeted Expense & Headcount journals are matching to the request amount and post the entries in Peoplesoft with the help of FAM team
• Handling queries of various partners & provide timely solution & support
• Reconciliation of Budget & Actuals against current month transfers

Post Actual Expenses & Headcount journals in Peoplesoft with the help of FAM team by adhering to below controls

• Ensure journal is nil at BU & ADAC level (Combination)
• Journal should be nil by Business Reference, Source Department, Accounts
• Overall journal should be Zero by Period and Currency
• Direct Expense impact should offset with allocations
• APAC base cost centre’s should be replaced with R06 for allocation legs

Your future colleagues

This role is part of the Budget Transfers Reorganization and Restatement Team within Expense Accounting & Control, Group Finance. As part of this team, the process involves rigorous co-ordination with numerous partners across the bank and close collaboration with business partners like GMR, Allocations, Group Planning & Forecasting and FAM.

We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values.

Remote Working? N/A - pending TWWW agreement 
Your skills and experience

To excel in this role, you should possess:

• The candidate should be a Chartered Accountant / MBA Finance / or proven experience in the finance domain is essential
• Familiarity and hands on experience of ERP and financial ledger concepts like allocations is a must
• The candidate is ambitious, hardworking who can work on own initiative and deliver on time under pressure whilst also being a good teammate
• Dedication to fostering an inclusive culture and value diverse perspectives

Your new employer

Find a new home for your skills, ideas, and ambitions. Credit Suisse offers you the ideal environment to progress your career, attractive benefits and excellent training.

We are a leading wealth manager with strong global investment banking capabilities founded in 1856. Headquartered in Zurich, Switzerland, and with more than 45,000 employees from over 150 nations, we are always looking for motivated individuals to help us shape the future for our clients.

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. We are committed to building a culture of inclusion with a deep sense of belonging for all of us. We will consider flexible working opportunities where possible. Our bank provides reasonable accommodations to qualified individuals with disabilities, as well as those with other needs or beliefs as may be protected under applicable local law. If you require assistance during the recruitment process, please let your recruiter know.

For further information, and to apply, please visit our website via the “Apply” button below.