Process Specialist

Job Purpose and Impact

The Professional, Record to Report job performs moderately complex record to report activities to collect, process and present accurate financial data for the purposes of providing external information for decision making while ensuring compliance with financial transaction recording standards. With limited supervision, this job collaborates with multiple businesses to complete moderately complex operational processes and procedures, compliance and data management for financial products and services and data systems. This job also partners to lead improvements in process execution, implements process changes and continuous improvement and assist with audit activities.

Key Accountabilities

Operational Performance

• RECORD TO REPORT ACTIVITIES: Performs moderately complex activities, including processing journal entries and intercompany transactions, completing monthly and quarterly general ledger close activities, performing tax accounting, cost and profit center allocation.

• Strong financial, analytical and problem solving skills. Develop a strong understanding of US GAAP accounting policies by working with Technical Accounting COE group.

• Provides guidance to reporting locations worldwide to resolve accounting, reporting and complex structure issues related to investment accounting, mergers, acquisitions, divestitures, joint ventures and liquidations.

• Multi task orientated. Proven ability to manage multiple priorities, even under pressures, self-motivated.
• Ability to work with various systems and extract, manipulate and report on data.
• Strong communication skills to coordinate with broad functions across towers, Functions, Business Controllers from financial reporting perspective.

Continuous Improvement

• May lead process improvements efforts in RTR- processes
• Applies a comprehensive understanding of operational practices, procedures and internal controls to identify areas of improvement across a BU or function.
• Stays abreast of standard industry best practices related to operational capabilities, and provides suggestions to more senior team members and mangers to ensure they are appropriately assimilated into improvement initiatives
• Provides comprehensive insight to supervisors and individuals regarding the interpretation and delivery of processes
• Measure and tracks compliance to internal and external operational standards and regulations related to a BU or function.
• May train teams on process changes and communicating the continuous improvement process to the team.
• Implements and provides input to the development of operations policies, procedures and internal controls
• Ensure documentation is accurate based on each process. Ensure process continuity.

Stakeholder Management

• Develops and maintains established relationship with customers, clients and other business partners which include but are not limited to corporate insurance companies' regulatory bodies, clearing agent, brokers Bus, tax, legal, trading and accounting
• Performs customer service duties to support the administration of the process. This may include sending and receiving instructions, answering questions, working with assigned process teams, providing paperwork to stakeholders, and acting as a liaison between stakeholders.
• Competent in Handling Escalations and ad-hoc requests on a timely manner.

Qualifications

• Graduate degree in Accounting or Finance
• Minimum 7 years of experience in accounting/finance operation with good expertise in RTR, Intercompany and related processes.
• Capable of working independently with multiple projects and groups at the same time with minimum supervision
• General knowledge of the accounting cycle and deep understanding of the financial functions.
• Proficiency in Microsoft Office applications (advanced knowledge of excel preferred)
• Excellent verbal and written communication skills.
• Experience working across countries and cultures
• Proficiency in English
• Demonstrated strong analytical, problem solving skills, and decision-making skills
• Strong team player and ability to hand

Shift TimingShift timing will be 6:30 PM to 3:30 AM. IST.