hireejobs
Register for Job
Hyderabad Jobs
Banglore Jobs
Chennai Jobs
Delhi Jobs
Ahmedabad Jobs
Mumbai Jobs
Pune Jobs
Vijayawada Jobs
Gurgaon Jobs
Noida Jobs
Oil & Gas Jobs
Banking Jobs
Construction Jobs
Top Management Jobs
IT - Software Jobs
Medical Healthcare Jobs
Purchase / Logistics Jobs
Sales
Ajax Jobs
Designing Jobs
ASP .NET Jobs
Java Jobs
MySQL Jobs
Sap hr Jobs
Software Testing Jobs
Html Jobs
IT Jobs
Logistics Jobs
Customer Service Jobs
Airport Jobs
Banking Jobs
Driver Jobs
Part Time Jobs
Civil Engineering Jobs
Accountant Jobs
Safety Officer Jobs
Nursing Jobs
Civil Engineering Jobs
Hospitality Jobs
Part Time Jobs
Security Jobs
Finance Jobs
Marketing Jobs
Shipping Jobs
Real Estate Jobs
Telecom Jobs

GAO close and consolidation TL

3.00 to 5.00 Years   Bangalore   17 Aug, 2019
State Street Corporation
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

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 entities
  • Working 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 needs
  • Assist 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 processes
  • Ensure execution of appropriate controls supported by documented policies and procedures across the relevant groups
  • Provide timely data, reporting and needed analytics to senior management and other key stakeholders
  • Support regulatory requests and associated regulatory reporting
  • Inculcate a culture within the CoE of ongoing self-assessment to continuously better the effectiveness and the efficiency of the Close process
  • Ensure significant attention to Risk Excellence to ensure compliance with internal policies and regulatory standards during the monthly Close process
Transformation:
  • Assist the GPO in defining a strategic end-state that not only significantly improves the speed of the current Close process, but also enhances control and governance mechanism, increases transparency and reliability of data, is nimble enough to timely react to changes in the regulatory standards, is efficient and effective in its use of resources across locations and is well supported by a technology platform ( best in class )
  • 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 process
  • Assist 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 transformation
  • Develop 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 solution
  • Develop reporting framework to provide periodic updates to senior management on the status of the transformation efforts and escalate issues, as needed
  • Support development of a change management process to ensure changes to accounting standards and internal processes are reflected timely in the Close process
  • Support identificication and implementation of appropriate controls including the four-eyes review to ensure accuracy of financials
,

Keyskills :
riskgaapsgaaporacle

APPLY NOW

GAO close and consolidation TL Related Jobs

© 2019 Hireejobs All Rights Reserved