Financial and Management Accounting

Financial & Management Accounting

Location: Mumbai / Thane
Experience: 5+ Years
Qualification: B.Com / MBA Finance / Bachelors Degree with relevant experience
Domain: Corporate & Investment Banking (CIB)
Employment Type: Full-time

Job Description

We are looking for an experienced Financial & Management Accounting professional to join our team. The role involves managing accounting and financial reporting activities, month-end closing, reconciliations, intercompany processes, financial controls, and process improvement initiatives.

The ideal candidate should have strong accounting knowledge, hands-on experience in management reporting, advanced Excel skills, and exposure to SAP.

Key Responsibilities

Accounting & Financial Control

• Prepare and post daily and monthly accounting entries, including accruals, prepayments, intercompany entries, rent deferrals, asset capitalization, and write-offs.
• Perform month-end financial closing activities for assigned entities.
• Reconcile accounting systems with financial ledgers and investigate and resolve breaks or discrepancies.
• Support intercompany accounting and billing processes.
• Coordinate with Finance Expense and Tax teams across different regions to ensure timely completion of intercompany activities.
• Assist in reviewing and updating counterparty Service Level Agreements (SLAs) in coordination with relevant stakeholders.
• Provide accurate and timely financial data to the Reporting team.
• Support audit and regulatory queries by providing relevant information and documentation.
• Identify and escalate issues or risks to the Team Manager.
• Maintain high-quality service standards while working with internal stakeholders.

Process Improvement & System Support

• Identify opportunities to improve accounting processes, controls, and workflow efficiency.
• Support system upgrades, reporting tool enhancements, and implementation of new reporting requirements.
• Participate in User Acceptance Testing (UAT) and assist with troubleshooting after system deployment.
• Document operational processes, control procedures, and process improvements.
• Support cross-training and provide backup coverage for team members when required.

Required Skills & Experience

• Minimum 5 years of experience in Accounting and Management Reporting.
• Strong understanding of financial accounting, month-end closing, and reconciliations.
• Good knowledge of cost allocation methodologies.
• Advanced knowledge of MS Excel, including:
  
• Formulas and functions
• Pivot Tables
• Charts and graphs
• Knowledge of SAP, including FICO and PO Modules.
• Working knowledge of MS Access will be an added advantage.
• Strong analytical and problem-solving skills.
• Ability to quickly learn and adapt to new systems and tools.

Behavioral Skills

• Strong verbal and written communication skills.
• Good stakeholder management and collaboration abilities.
• Strong attention to detail and accuracy.
• Results-oriented with the ability to meet deadlines.
• Ability to work effectively in a team environment.
• Problem-solving mindset with a focus on continuous improvement.

Education

• B.Com / MBA Finance preferred.
• Bachelors Degree with relevant accounting and finance experience.

If you have strong experience in Financial Accounting, Management Reporting, Month-End Closing, Reconciliations, SAP FICO, and Advanced Excel, we would like to hear from you!

Interested candidates, kindly share your updated CV at:
[email removed]

Contact: [phone removed]