Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC's competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.
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Pay and Benefits:
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits, based on location
- Pension / Retirement benefits
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The Impact you will have in this role:
The Global Accounting Associate performs a mix of routine and ad hoc responsibilities in the Controller's organization. The Global Accounting Associate is a part of a multidisciplinary accounting team that excels at delivering accurate and timely results by demonstrating their accounting knowledge, holding each other accountable, and collaborating across the organization. The team assists other Finance teams throughout the year, improves processes, supports reporting functions, participates in testing and validations for system implementations and changes, engages in year-end audit work, assists in mergers, acquisitions, or divestitures, and researches accounting guidance.
Your Primary Responsibilities:
- Ensures the successful month-end close process across our multi-entity, multi-currency, global enterprise within established deadlines.
- Responsible for the accurate posting of the company's allocations and subsequent post-allocated entries to the ledger.
- Perform various month-end close tasks, including but not limited to administrative functions related to allocations and the month-end close process, balance sheet reconciliations, and intercompany settlement processes.
- Performs analytical analysis for various areas such as global foreign exchange gain and loss to explain variances in the monthly income statement.
- Supports the automated prepaid process, ensuring accurate recording and timely amortization of prepaid expenses to align with the company's financial policies and reporting requirements.
- Identify and implement opportunities for operational improvements, particularly automation, as well as participate in design and testing for new processes. Partner with functions across the organization to ensure the integrity of the processes and existence of vital controls.
- Perform special projects and other ad hoc projects as requested.
- Stay updated on accounting principles and new accounting developments.
- Assist with year-end and internal audits.
- Build and maintain accounting policies and procedures related to areas of responsibility.
- Aligns risk and control processes into day-to-day responsibilities to supervise and mitigate risk; advances appropriately.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA certification preferred.
- Minimum of 3-5 years of accounting experience
- Strong knowledge of accounting principles, financial reporting, and regulatory compliance.
- Proficiency in accounting software (e.g., Oracle, SAP) and Microsoft Office Suite, particularly Excel.
- Excellent analytical, problem-solving, and organizational skills.
- Strong communication skills, both written and verbal.
- Ability to work independently and as part of a team in a fast-paced, changing environment.
- High level of integrity and professionalism.
- Understanding of US GAAP required
Teamwork and Continuous Improvement:
At DTCC, we prioritize teamwork and continuous improvement. The Associate will collaborate with various departments to achieve shared goals and contribute to the overall success of the organization. We are committed to fostering a culture of innovation, learning, and excellence, where every team member is encouraged to grow and excel. If you are a dedicated accounting professional with a passion for excellence and a desire to make a significant impact, we invite you to apply for this exciting opportunity.
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.