Basic Purpose of Job : :
The Expense Accounting COE Lead will be responsible for all aspects of US GAAP accrual accounting and day-to-day management of a team of 5-
20 experienced Accounting professionals (the level of specialists and analysts) that provide support to Global Accounting Controllers and Finance Controllers group.
In addition to Business As Usual (BAU) responsibilities as described below this role will lead the process re-engineering standardization and automation efforts.
Responsibilities & Tasks Include :
Business As Usual (BAU) Activities :
Collaborate closely with the onshore team to understand expectations and deliverable timelines and ensure that deliverables of the team are load balanced as compared to team staffing.
Develop the team to adopt owner’s mind set work independently and effectively manage timelines
Manage resources to assist with ad-hoc projects and new transactions to support the GAO Accounting controller group
Lead the day to day activities of an accounting and reporting team that is performing Accounting & Reporting
Performing managerial reasonableness reviews and discussing reporting & analytics deliverables prepared by the team to ensure results make sense that messaging is on point for the audience and ensuring the core objective of the deliverable is met
Provide support to key stakeholders of the team to present analytical results findings
First point of escalation within the local reporting line for dealing with issues (people / process / technology) and ensuring that compliance requirements are adhered to (e.
g. company policies surrounding standard of conduct information security employment regulations)
May be required to participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis and accounting transactions.
May serve as a subject matter expert on a particular accounting transactions.
Coaches the team and works with onshore leadership to establish the team member goals and gather feedback for performance appraisals.
Participate in or manage function specific projects as needed
Ensure completion of deliverables within the committed timeframe including assistance with development of deliverable plans attending deliverable specific or recurring meetings between the team and the onshore team.
Team deliverables revolve around;
Be primarily responsible for the completion of the following activities through the team and self
Daily / Weekly :
Monitor General Ledger activity for accuracy based on US GAAP rules
Prepare manual journal entries
Coordinate month-end close including prepare manual journal entries
Preparation of prepaid amortization schedules and journal entry postings
Prepare account reconciliations and certification
Prepare Regulatory SEC and Internal reporting
Perform SOX control testing as required
Process Intercompany expense settlements
Perform CIS control testing
Assist in annual audit collaboration (Internal and External)
Prepare and update process narratives / procedures and flow charts
Response to internal and external requests including variance analysis and inquires
Participate in Ad Hoc projects and new transactions
General ledger account maintenance requests
Perform user access reviews & certifications
Accounting systems maintenance and upgrade
Process Re-Engineering Standardization and Automation :
Lead the process Re-Engineering Standardization Automation
Responsibility for ongoing process improvements
Responsibility for execution of right-placement strategy
Implementation support of the GAO process re-enginerring and automation efforts
Education and Experience :
Master’s Degree in Accounting Chartered Accountant (CA) and Certified Public Accountant (CPA) / MBA-Finance with 10-12 years of progressive experience in R2R areas with major financial institutions
US GAAP accounting knowledge
Understanding of international regulatory landscape experience with statutory accounting / reporting groups across several major international geographies
Experience of building and maintaining strong control environment (risk excellence experience with SOX RCSA controls etc.
establishing policies procedures and strong internal controls
Demonstrated leadership in improving / building-out the above process groups for multiple geographies and business areas
Extensive experience of managing teams performing day-to-day accounting operations month-end and quarter-end activities for the above areas of accounting
Experience of leading re-engineering of R2R (record-to-report) processes and driving similar centralization of the end-
to-end activities for the major financial institutions
Skills required :
Proficiency in Microsoft Office suite (Excel Access PowerPoint Word Visio) advance levels of Excel (pivot tables formulas excel workbook maintenance best practices)
Knowledge of Hyperion Essbase Oracle Financials
Knowledge of Spotfire Tableau Cognos data analytics and visualization (or similar) a plus
Conceptual understanding of company-wide financial architecture (GL sub-GL technology specialized tools) applicable to the above process groups of processes
Senior-level communication skills presentation skills prior experience of interacting with multiple stakeholders (Legal Entity and Geography controllers) in NA EMEA APAC.
First or second level management expertise required
Independent decision-making capabilities demonstrated thought leadership
Pride of ownership with the ability to deliver high quality results timely
Self-motivated self-assured and self-managed
Strong analytical andability to analyze and summarize complex financial transactions
Strong attention to details
Problem solving skill
Highly organized with ability to multi-task and work under high pressure deadlines
Must be able to work in a fast paced environment