Vice President, Accounting managing global financial processes and leading month-end close activities at BNY, a leading financial services company in India.
Responsibilities
Monitor month-end close activities and variance analysis, as well as general ledger balance sheet account reconciliations
Manage month-end closing of books of accounts, working on various sub-ledgers, accounting knowledge, and balance sheet reconciliation and reporting activities
Apply excellent knowledge and expertise in month-end close, accruals and prepaids, variance analysis, and lease accounting
Comprehend agreements and statements of work to determine the correct accounting treatment
Prepare and review journal entries, substantiate supporting documentation, manage intercompany affiliate transactions, and perform general ledger balance sheet account reconciliations
Make decisions and escalate issues to local or onshore management as appropriate
Proactively identify unique business scenarios throughout all aspects of the process cycle, think differently, formulate, and implement process improvements to drive speed and simplicity, gaining credibility and partnering across diverse cross-functional teams
Deliver analytical support for activities including audits, response to ad hoc requests, and various assigned special projects
Establish relationships and build connectivity as a self-starter, passionate, and effective communicator
Build relationships with stakeholders to deliver customer-centric solutions
Deploy best practices gained from earlier experience focusing on process improvement and elimination of manual efforts
Contribute towards automation and process improvement, supporting team members by assisting with accounting concepts and identifying potential manual areas to automate
Ensure financial data integrity by maintaining completeness, accuracy, timeliness, and accessibility; uphold effective controls compliant with SOX, USGAAP, and relevant accounting standards
Apply policies and standards from Global Process Owners and Technical Accounting COE; properly use the BNYM Standard Chart of Accounts and maintain consistent data definitions
Lead and coordinate ad hoc/special projects as needed; actively participate in demand and service management processes
Requirements
12+ years of experience in Record to Report (R2R - General Accounting)
Qualifications: M.Com / MBA / CWA-Inter / CA-Inter with 10 or more years of post-qualification experience, or CA, CPA, or CWA with 6 or more years of post-qualification experience
Good written and oral communication skills
Strong problem-solving skills
Demonstrated expertise in finance and accounting, with substantial experience managing complex global accounting operations across various business lines
Experience in client handling, preferably with overseas clients
A confident and calm demeanor with the ability to perform under pressure
Preferably, experience in Banking, Financial Services and Insurance (BFSI), Investment Management, and Investment Services
Benefits
Highly competitive compensation
Benefits and wellbeing programs
Generous paid leaves including paid volunteer time
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