Business As Usual

Job Description

Basic Purpose of Job::The Close and Consolidation resource will be responsible for Close activities across various geogpahies and legal entities.In addition to Business As Usual (BAU) responsibilities as described below, this role will lead the process re-engineering, standardization, and automation efforts.Responsibilities Tasks Include:Business As Usual (BAU) Activities:Transition the various Close activities across geogpahies into the Center Of Excellence (CoE) to ensure consistent, controlled, accurate and timely production of financials for the various legal entitiesWorking in close collaboaryion with the onshore teams, coordinate the Close process for various geographies across different time zones and teams, taking into account the local regulatory and organizational needsAssist the onshore teams in managing the monthly consolidation process aggregating legal entity transactions into top of the house financials. This includes managing local legal entity financials, consolidation systems, eliminating intercompany transactions, equity and minority interest pick up, foreign exchange calculations and accounting adjustments (e.g. IFRS to US GAAP)Assist the onshore teams in maintaining the General Ledger including defining and owning a common chart of accounts, managing and understanding the centralized repository of financial data, managing the associated tools including the Oracle Hyperion Financial Management and the Data Relationship Management (DRM)Support the monthly and quarterly SOX and other certification processesEnsure execution of appropriate controls supported by documented policies and procedures across the relevant groupsProvide timely data, reporting and needed analytics to senior management and other key stakeholdersSupport regulatory requests and associated regulatory reportingInculcate a culture within the CoE of ongoing self-assessment to continuously better the effectiveness and the efficiency of the Close processEnsure significant attention to Risk Excellence to ensure compliance with internal policies and regulatory standards during the monthly Close process Transformation:Work with the GPO in executing critical aspects of the multi-year transformation effort to transform the Close process into a best in class global processAssist in evaluation of the current Close process for various geographies and legal entities including the underlying activities, policies, infrastructure, and control and governance mechanisms to assess areas of improvement and transformationDevelop an implementation plan to execute on the strategic vision and partner with key internal technology resources and external vendors to ensure the best in class process is well supported by a comprehensive technology solutionDevelop reporting framework to provide periodic updates to senior management on the status of the transformation efforts and escalate issues, as neededSupport development of a change management process to ensure changes to accounting standards and internal processes are reflected timely in the Close processSupport identificication and implementation of appropriate controls including the four-eyes review to ensure accuracy of financialsPosted TodayFull timeR-617830About UsAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.Similar JobsGlobal Accounting Operations - Revenue Accounting _ Team Lead | Bangalore, IndiaGlobal Accounting Operations - Revenue Accounting _ Team Lead | Bangalore, IndiaGlobal Accounting Operations - Revenue Accounting _ Team Lead | Bangalore, IndiaGlobal Accounting Operations _ Specialized Accounting - Team Lead | Bangalore, IndiaGlobal Accounting Operations - Revenue Accounting _ Team Lead | Bangalore, India,

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