Accounting ,Associate 2

Responsibilities

The Revenue, AR, BU Accounting SME will be responsible for all aspects of revenue recognition, US GAAP, and day-to-day management of a team of experienced Accounting professionals that provide support to Global Revenue Accounting group. This individual will provide subject matter expertise in the area of accounting related to Revenue Accounting which include:

Preparation, posting and Analysis of month on month Revenue Accruals under GAAP/IFRS revenue recognition principlesFee Reserve booking and AnalysisRevenue Adjustments and Intercompany RevenueAccount Reconciliations & CertificationsAccounts Receivable; Billed and Unbilled (including aging’s)Monitoring & Processing of Client Concessions / Revenue ReversalsSOX Controls/Audit walkCash ApplicationsLoss booking

In addition to Business As Usual (BAU) responsibilities as described above, this role will lead the process re-engineering, standardization, and automation efforts.

Responsibilities & Tasks Include

Collaborate closely with the stakeholder (LFO. Business and FPNA) 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 groupLead the day to day activities of an accounting team that is performing Revenue Accounting.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 metProvide support to key stakeholders of the team to present analytical results, findingsFirst 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 particular accounting transactions. Coordinate with onshore team / Accounting Policy to determine appropriate accounting treatment for complex transactionsCoaches 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 neededEnsure 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 Collaborate with Revenue Operations (Billing) teams on initiatives, errors, new contracts, etc.

Daily

Oversight of Revenue team performing the following Accounting activities:

Monitor General Ledger activity for accuracy based on US GAAP rulesPreparation of manual journal entries for accrual and adjustment revenue activitiesCash application of receivablesFollow up with the Business on aged billed and unbilled items

Monthly

Maintain accuracy of revenue accrual processCoordinate month-end close including preparation / oversight of manual journal entries Oversight of account reconciliations and certificationsPerform SOX controls

Quarterly

Prepare Regulatory and Internal reportingPerform SOX control testingFee Reserve Analysis

Ad-Hoc

Prepare and update process narratives/procedures and flow chartsResponse to internal and external requests including variance analysis and inquiresParticipate in Ad Hoc projects and new transactionsPerform user access reviews & certifications

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Job ID: R-797747