Senior Associate - Finance Process

Published date: 2024/01/10
  • Location: Mumbai, Maharashtra, India
The Lead Accountant ensures that accurate accounting records are maintained for fixed assets, general ledger and audit compliance. This job reviews financial analysis and reconciliations, inspects financial data and reports, and researches and reviews transactions. Under limited supervision, this job performs a variety of accounting activities in accordance with accounting principles and standards to ensure that the company is in compliance with all relevant regulations, laws, and reporting requirements.

Key Responsibilities and Duties
• Examines journal entries and account reconciliations in accordance with all relevant regulations, laws, and reporting requirements.
• Performs monthly and quarterly close and consolidation processes based on to ensure timely completion and accuracy.
• Reviews accounting statements, reports, GL accounts, cost revenue reports, balance sheets, and / or bank statement reconciliations in order to ensure smooth functioning of Accounting processes.
• Enforces accuracy of invoices and other accounting documents or records including detailing financial business transactions (e.g., invoice approvals, disbursements, expense vouchers, and wire payments).
• Reviews the impacts of new accounting standards, reporting requirements, and regulatory standards on existing and new transaction accounting regulations.
• Provide oversight, feedback, guidance, and direction to accountants that will enable them to perform their job requirements as directed by the department
Educational Requirements
• University (Degree) Preferred
Work Experience
• 5+ Years Required; 7+ Years Preferred
Physical Requirements
• Physical Requirements: Sedentary Work

Career Level
8IC

Roles & Responsibilities
• To automate various Finance Shared Services process which covers SOP’s, volumes and task
• To design workflow for various Finance Shared Services process and articulate the same in layman language
• To discuss above with technologist and to identify opportunity for automation
• To Articulate advantage / benefits of various ongoing project
• To assist OCFO organization in managing various initiative which include tracking and coordination between various teams & leads
• To communicate closely over email/in-person with multiple teams within the organization to support OCFO organization
• To Follow-up on behalf of OCFO with various internal teams based on the business requirements
• To Create a priority list of areas which need immediate leadership support
• To Dashboard creation & ad hoc reports

Key Responsibilities and Duties: -
• Strong performance in Academics
• Proficiency in handling Microsoft Suite Word, Outlook, Excel & MS Teams
• Structured and organized approach

Related Skills
Accountability, Accounting Standards, Adaptability, Business Acumen, Business Process Improvement, Collaboration, Communication, Compliance, Financial Acumen, Generally Accepted Accounting Principles, Inspires Others, Relationship Management, Risk Analysis/Analytics, Stakeholder Engagement, Strategic Thinking

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Company Overview

TIAA GBS India was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA GBS India is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

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Company Name: TIAA GBS India

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