Ld Anlyst, Accounting

Job Description

The Principal Accounting Analyst is responsible for Month end close activities and preparing and Reviewing General Ledger Balance Sheet Account Reconciliations.

Technical

• Experience in Record to Report (R2R)
• He / She should have experience on ERP (PeopleSoft/Oracle and SAP) and Blackline reconciliations.
• Good knowledge and experience in MS-Excel, Word and PowerPoint presentations.
• Good Written and verbal communication skills
• Good knowledge and experience in preparation of process documentations
• He / She Should have experience in Client handling (preferably Overseas Clients)
• Good knowledge about Sarbanes Oxley (SOX) compliance and Segregation of Duties’ (SOD).
• Good knowledge and expertise in various Sub systems modules and how this impacts the General ledger.
• Should have been part of transition or should have managed transition for team
• Team handling and experience around setting goals and performance management will be an added advantage

Competency

• Preferable He / She are having experience in Banking, Financial Services and Insurance (BFSI) and Investment Management, Investment services.
• Ability to adapt quickly and learn new tasks independently
• Strong research and analysis skills.
• Good understanding and working experience in accounting processes, procedure and internal controls and audit.
• Routine communication with Supervisors relating to financial close, issues and deliverables however working independently and less supervision.
• Multi-tasking and working under tight deadlines are required.
• Awareness around Information Security and protection is required.
• Ability to work under pressure and meet the agreed targets and deadline.
• Experience in working with multiple stakeholders.
• Preferable to have worked with various teams, though may or may not have managed or handled team.
• Should have done at least one Idea, Kaizen, Process improvement and understand the basic quality tools and six sigma.
• Ability to generate bold, creative ideas to improve performance
• Good understanding and working experience about some of the critical words used in the industry like Key Performance Indicators (KPI), Service level agreement (SLA), Continuous Process improvement (CPI), preparation of metrics like dashboard, error register and issue log.
• Should be a team player and be a game changer thus having forward looking and innovative approach, thereby bringing in best practice sharing
• Ensure implementation of industry benchmark methodology for attaining excellence in execution.
• Accountable for Employee Engagement, control attrition & turnover of team if manages a team.
• Continues process improvements on current process designs as a part of transformation agenda.
• Provide consistent and predictable high quality service to business streams partners/customers.
• Multi-tasking and working under tight deadlines are required.
• Preferable if worked with various other teams within finance, though may or may not have managed or handled team.

The key role includes for Journal entry process and Blackline General ledger reconciliations.

• Responsible for performing the day- to-day general ledger accounting and analysis for assigned functional areas.
• Responsible for month-end, quarter-end and year-end close for assigned functional areas:
• Excellent knowledge and expertise in Accrual & Prepaid
• Excellent Knowledge and expertise in Month end close, provision and reserve, FX calculation and Multi currency revaluation process.
• Prepare/post journal entries for complex or routine business transactions and inter-company transactions.
• Expertise in journal entries Intercompany transaction using with Affiliates.
• Assist with month end / quarter-end / year-end close activities.
• Excellent knowledge and expertise in reviewing the Journal entries and ensure the substantiation supporting documents attached to journal entry before approving the journal entry.
• Good knowledge and expertise in preparing and review of general ledger balance sheet account reconciliations (Medium and High Complexity) to meet the corporate standard/ GL Reconciliation policy requirements and internal operating procedures.
• Able to drive people in accounting concepts, policy changes, CAPs (Corporate Accounting Polices ) and GAAPs
• Proactively work with the onshore teams for timely clearance, resolution of reconciliation variance & aged outstanding items.
• Ensure that all items of concerns or those past the business standards have been escalated to the management
• Act as an Subject Matter Expert in the assigned area of responsibility within the reconciliation process
• Support Assistant Manager / Operation Manager to ensure recons are compliant with applicable Corporate Accounting Policies and GAAP

Qualifications

B.Com with 8+ years / M.Com/ MBA with 6+ years /CWA-Inter/ CA-Inter with 4+years or CA/CMA with 2 + Year experience and Certification in IFRS/ Six sigma will be an added advantage.

BNY Mellon is an Equal Employment Opportunity Employer.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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