Financial Control Process - Investment Bank

Role Description - Summary:

Transaction Accounting core responsibility is to ensure the completeness and accuracy of the General Ledger for the transactions/products within their remit and provide full balance sheet substantiation for the accounts (product specific) where they are the primary owners. Roles within this profession undertake:

- Reconciling and closing the month-end General Ledger for the accounts (BS and P&L) for the Product(s) relating to the Business and Entities within the SLA

- Improve processes and link this to the upstream/downstream processes and outputs (product specific)

- Work and coordinate with the P&L teams in making sure that MAFA reconciliation is clean and aged breaks have clear ownership and defined escalation process (product specific)

- Implement standardization (and improvements) to methodologies and outputs (product specific)

Responsibilities/Tasks:

- Performs product reconciliations and postings on the required periodic basis for a specific product(s)

- Responsible for investigating and clearing exceptions/break items, interacting with T+1, Ops and Transaction Accountants in other locations when necessary

- Supports the delivery of change projects (product specific)

- Performs primary account ownership (PAO) MRP function for product aligned accounts

- Provides inputs into the capture of daily KRI's/MIS relating to their process and comments on breaches/exception items

- Escalates any aging and/or contentious issues to direct supervisor, advising of steps taken in order to resolve

- Responsible for keeping KOPs (relating to their process/task) updated on a regular basis

Experience/Exposure:

- Relevant experience in Product Control or related space

- Business or mathematical based degree with professional accounting qualification

- Able to work in virtual global teams and in a matrix organization

- Previous exposure to senior level decision-makers and stakeholders and strong Stakeholder Management skills

- Strong communication skills, fluent in English (written/verbal)

- Good team worker, able to work in virtual global teams and in a matrix organization

- Open minded, able to share information, transfer knowledge and expertise to team members

- Flexibility regarding problem solving

- Keeps pace with technical innovation and market driven initiatives and maintains a broad understanding of the GBS offering

Priyanka Chakraborty
Recruitment Consultant
Black Turtle
HiProfiles Business Centre, 1/A Church Street, Off. Brigade Road, Bangalore – 560 001
Dir: +9180 41224440|| Website: www.black-turtle.com