R2R - L11/10 - Mumbai

Job Description:

Key call outs:

• Deal Recruiter: @PHILIP, BIBIN
• Skill: R2R – Record to Report (Account Reconciliation / Journal Entries / general ledger / financial reporting / basic RTR candidates)
• Location; Vikhroli – Mumbai
• Shift: Night shift (Anytime between 6 PM to 6 AM) – candidates should be flexible for any shift in future if Biz. needs.
• THIS IS 100% WORK FORM OFFICE
• Relocation cases can be looked at from PAN India.
• CRSD stands for CLIENT START DATE and we need to look for notice periods accordingly please.
• Decent comms is good enough
• Industry: Any would do.
• Candidates NEED TO HAVE ALL THEIR DOCUMENTS INTACT
• Weekends: Fix Sat/Sun off.
• For CL11s – Can look at CMA freshers / CA freshers.

Ability to be a self-starter (Preparing of reconciliation across all Balance Sheet accounts (Payables, Receivables, Trade Creditors & Trade Debtors, Balance Sheet Accounts with high level of accuracy,)
- Understanding the legal entity concepts and how the consolidations performed to finalize the books of accounts.
- Ability to consolidate and report the entity report financial statements.
- Complete understanding of close activity and perform the close activity as per calendar.

Reconciliations :-
- Ability to understand the reconciliation and standardize the reconciliation basis the high-level policy and procedures.
- Ability to understand the nuances of account grouping | categorization.
- Ability to provide clear explanation to all open items with clear action plans.
- Ability to understand reconciliation closure activity and ensure team prepare the necessary journals for reclass, adjustments, apportionments etc.,
- Ability to consolidate the reconciliations and upload the reconciliations into Black-line tool and confirm the closure.
- Reconcile various general ledger accounts including expenditures, cash balances and fixed assets account balances to subsidiary ledgers.

Bank Reconciliations :-
?Prepare monthly bank reconciliation.
?Perform the reconciliation and verification of accounts.
?Reconcile and process transactions that are complex in nature.
?Maintain required files, reports, and data.
?Consolidate and upload the reconciliations into Black-line tool and confirm the closure.
?Assist auditors – internal and external – with documentation required for the auditors to do their job satisfactorily

Payroll Reconciliations :-
?Verify all payroll register, to get all of the payroll data needed.
?Validate employee time cards or time sheets, to get hours worked for that specific payroll period.
?Validate and reconcile general ledger, to record wages and deductions and maintain accurate financial records.
?Consolidate and upload the reconciliations into Black-line tool and confirm the closure.
?Assist auditors – internal and external – with documentation required for the auditors to do their job satisfactorily

HFM :-
- Complete understanding and ability to work on HFM independently.
Journals: -
- Understand the journals that are required to be processed basis the out come of reconciliations and the augments to be performed during the period close.
- Ability to park and post the appropriate journals into Oracle.
Trial Balance | Reconciliation Scrutiny : -
- Ability to analyse and review to determine the accruals, reclass & provisions that are required to be processed for the month close process.
Reporting’s : -
- Perform the statutory and financials reporting work Understanding on what action to be taken and recommend the necessary journals to be prepared and posted into system.
- Ability to trail balance Perform the statutory and financials reporting work Understanding on what action to be taken and recommend the necessary journals to be prepared and posted into system.
Governance | MOS : -
- Prepare and structure the proper process in place to standardize the Process | Reconciliation template.
- To manage the inquiries effectively, in a time bound manner
- To do the timely follow-up with various stakeholders to clear the dependencies
- Proactively look out for areas of improvement and own the responsibility to execute the same.