Global Accounting Operation - Emerging Lead

Overview

Lead the Revenue, AR and business unit accounting subject-matter expertise for the Global Revenue Accounting group, manage a team of experienced accounting professionals, and lead process re-engineering, standardization and automation.

What you'll do

• Perform managerial reasonableness reviews of reporting and analytics deliverables prepared by the team and support key stakeholders in presenting analytical results and findings.
• Serve as the first point of escalation within the local reporting line for people, process and technology issues, and ensure compliance with company policies on standard of conduct, information security and employment regulations.
• Participate in or conduct accounting and financial analyses on critical and complex issues, including variance analysis and accounting transactions.
• Serve as subject-matter expert on particular accounting transactions and coordinate with onshore team and Accounting Policy to determine appropriate accounting treatment for complex transactions.
• Coach the team, work with onshore leadership to set team member goals, and gather feedback for performance appraisals.
• Participate in or manage function-specific projects and ensure deliverables are completed within committed timeframes, including deliverable plans and meetings with the onshore team.
• Collaborate with Revenue Operations (Billing) teams on initiatives, errors and new contracts.
• Oversee the revenue team's daily activities: monitor general ledger activity for US GAAP accuracy, prepare manual journal entries for revenue accruals and adjustments, apply cash to receivables, and follow up with the business on aged billed and unbilled items.
• Oversee monthly activities: maintain accuracy of the revenue accrual process, coordinate month-end close including manual journal entries, and oversee account reconciliations and certifications.
• Perform SOX controls and SOX control testing, and oversee user access reviews and certifications.
• Prepare regulatory and internal reporting and perform fee reserve analysis quarterly.
• Prepare and update process narratives, procedures and flow charts; respond to internal and external requests and inquiries, including variance analysis; and participate in ad hoc projects and new transactions.
• Lead process re-engineering, standardization and automation, take responsibility for ongoing process improvements and right-placement strategy execution, and support implementation of GAO process re-engineering and automation efforts.
• Document requirements for GAO for the client cash process, work with CSO BA to take the new process through IT releases and client conversions, provide production support as required, and assist tech writers with SOPs.

What you'll need

• Master's degree in Accounting, Chartered Accountant (CA), Certified Public Accountant (CPA), PMP, or MBA-Finance, with 12-14 years of progressive experience in R2R areas with major financial institutions.
• Extensive practical experience and knowledge of US GAAP and IFRS accounting standards.
• In-depth knowledge of the supported products.
• Understanding of the international regulatory landscape and experience with statutory accounting/reporting groups across several major international geographies.
• Experience building and maintaining a strong control environment (risk excellence, SOX, RCSA controls), and establishing policies, procedures and internal controls.
• Demonstrated leadership in improving or building out process groups for multiple geographies and business areas.
• Extensive experience managing teams performing day-to-day accounting operations, month-end and quarter-end activities.
• Experience leading re-engineering of R2R processes and driving centralization of end-to-end activities for major financial institutions.
• Proficiency in Microsoft Office (Excel, Access, PowerPoint, Word, Visio), with advanced Excel skills (pivot tables, formulas, workbook maintenance best practices).
• Knowledge of Hyperion Essbase and Oracle Financials.
• Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the process groups.
• Senior-level communication and presentation skills, with experience interacting with multiple stakeholders (legal entity and geography controllers) in NA, EMEA and APAC.
• First or second level management expertise.
• Independent decision-making, demonstrated thought leadership, and pride of ownership with the ability to deliver high-quality results on time.
• Strong analytical skills, ability to analyze and summarize complex financial transactions, strong attention to detail and problem-solving skills.
• Highly organized, able to multi-task and work under high-pressure deadlines in a fast-paced environment.
• Good understanding of AR and revenue-related processes.

Nice to have

• Knowledge of Spotfire, Tableau, Cognos data analytics and visualization (or similar).
• Prior experience with process/system migration and new process/system set-up projects.

Details

• Location: Bangalore, India.