Senior Associate - Performance Management Expenses

RIverForest Connections Private Limited
  • Mumbai
  • Confidential
  • 2-5 years
  • Views
  • 25 Jun 2018

  • Audit and Assurance

  • Banking - Retail
Job Description

Job Role Senior Associate Performance Management Expenses (Management Accounting) Job Purpose The Jobholder is responsible for the timely and accurate production of the monthly expenses accounting and management reporting and for supporting the annual expense budget & periodic forecasts exercise. Key Responsibilities : Prepare and book monthly closing entries in accounting sub-ledger for accruals, prepayments, intercompany, various reclass adjustments, etc., as necessary. Perform month-end management reporting closing including updation of allocation keys for the assigned entities in the cost allocation tool after liaising with business line PM teams Perform reconciliation between Financial Accounting and Management Accounting to substantiate balances and breaks solving, if any Participate in the inter-company process : - Reconciliation of intercompany receivables / payables and their settlement by legal entity - Coordination with other region's Finance Expense teams and Tax team to ensure they are performing their respective intercompany closes Prepare and distribute monthly cost centre reports on a timely basis, provide accurate support to explain the various cost allocations and movements Provide assistance in responding to questions / requests for information to auditors, regulators Escalating problems / issues to the team manager on a timely basis and participating in resolution Support the production of the annual expense budget and periodic forecasts from a transversal perspective within PM Assist in identifying process improvements in production, control procedures, and workflow organization to increase the teams efficiency and effectiveness Contribute to company operational permanent control framework Provide cross-training to colleagues and perform specific duties as assigned (e.g. coverage for colleagues) Participate in projects and upgrades of systems at the request of the team manager; e.g:User acceptance testing, Trouble-shooting after deployment Candidate

Job Posted By

Kavita Shermon
Associate Director