Financial Associate
Micro Focus
Bangalore, India
5d ago

Job Description :

Background Information

Micro Focus is a United Kingdom-based global software company, with revenues of $4B in 2018. The Group is the seventh largest software company in the world, the largest technology company listed on the FTSE and the largest UK technology company listed on the New York Stock Exchange.

With 18,000 employees and footprint in 50 countries, Micro Focus is engaged in delivering and supporting software solutions, enabling customers to utilise new technology solutions while maximising the value of their investments in information technology (IT) infrastructure and business applications.

It helps organisations gain incremental and sustainable returns on investments they have already made and to preserve and protect their data and business logic.

The Portfolio with 300 products spans the following areas :

DevOps IT Operations Cloud Security Info Governance Big Data, Machine Learning, & Analytics

The underlying premise behind Micro Focus’ business strategy is that the Company should consistently and over the long-term deliver shareholder returns of at least 15% to 20% per annum.

To deliver this objective, the Company has adopted an operational and financial strategy underpinned by consistent and effective management and reward systems.

Since IPO in 2005 until 30 April 2017, the annual compound shareholder return over 12 years has been 29.3%.

Job Family & Management Level (for internal use)

Job Family Group : Finance

Management Level : Core

Job Code : 00F20C


Job Title (for external use) :

Responsibilities and Scope Impact / Scope

  • Execute Record to Report (RTR) processes (Fixed Assets Accounting / Revenue Accounting / General Accounting), ensuring timeliness, accuracy and quality of work / reports
  • Support coordination with other functions (including leadership) as well as Global Process Owners within a Shared Service Center (SSC)
  • Responsibilities

  • Execute day-to-day Record to Report processes, ensuring timeliness, accuracy and quality of work / reportsAssist in the RTR service delivery for the following regions : EMEA, AMS and APJPerform accounting for various processes including Fixed Assets / Deferred Revenue / Intercompany / Contra / Professional Services / Accounts Payable / Accounts Receivable / Bank / Treasury / Payroll / Pension / Direct Tax / VAT, etc.
  • in a SSC (as per accounting policies and corporate-wide accounting processes)Prepare non-complex manual journal entries and provide justification / support for Quality Assurance processAnalyse accounting entries, identify and resolve issues with supervisionPrepare monthly / quarterly reconciliations of journal entriesPrepare depreciation scheduleVerify automated journal entries posting runUpdate and maintain process documentation (updated in terms of systems, transactions and processes)

  • Protect organisation's value by keeping information confidential
  • Other RTR activities as assigned from time to time
  • Required Skills and Experience Education and Experience

  • Accounting qualifications will be an added advantage (CA, CPA, ACCA)0-1 years’ experience
  • Non-qualified accountants with relevant matching experience may also please apply2-4 years’ experience
  • Direct relevant experience of working in a Captive SSC / Business Process Outsourcing Organisations will be desired (in addition to years of experience / qualification)
  • Essential :

  • Strong understanding of the key RTR processes
  • Strong knowledge of accounting principles and International Financial Reporting Standards (IFRS) / US Generally Accepted Accounting Principles (USGAAP) Accounting
  • Flexibility to support different time-zones and geographies
  • Strong knowledge of finance & accounting systems (Oracle / SAP / Netsuite / Assurenet tools)
  • Fluency in English language (verbal and written)
  • Other :

  • Excel and PowerPoint knowledge with ability to extract information from existing business systems
  • Strong problem solving skills
  • Excellent prioritisation skills
  • High level of attention to detail
  • Ability to work on own initiative and under pressure to make key decisions
  • Excellent time management and multi-tasking abilities, with an ability to meet multiple deadlines
  • Highly organised and motivated team player
  • Our Offer :

  • A challenging, varied and exciting job within a global operating company
  • An opportunity to attain high level of exposure to Finance processes such as Record to Report, Procure to Pay, Tax Operations etc. across geographies
  • An international corporate culture, which is shaped by performance-orientation, openness and teamwork
  • An appealing career development program, which offers varied potential for development
  • A diverse and inclusive workplace, promoting individuality and equal opportunities
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