Opening with an American multinational financial services company for Financial Accounting Manager - VP
We have an opening with an American multinational financial services company for Financial Accounting Manager - VP.
- Key functions within Enterprise Finance include finance and accounting; Treasury;corporate development, mergers, and acquisitions; Data Management and Insights, the Customer Remediation Center of Excellence, Enterprise Shared Services, Business Process Management, and Corporate Strategy.
- Enterprise Finance informs shareholders, regulators,taxing authorities, team members, and leaders of the company's financial performance through earnings releases, investor meetings and conferences, and meetings with regulators and credit rating agencies, following appropriate reporting guidelines.
- The Enterprise Finance function contains the Corporate Controller's division, which includes the Enterprise Controls & Oversight (ECO) group.
- The Controller's Division is responsible for the accuracy of the Company's financial statements, establishing corporate accounting policies, preparing SEC and regulatory reports and ensuring the adequacy of internal controls.
About the Team/Role :
The Derivatives Accounting & Reporting Team is responsible for complex accounting processes related to derivatives such as :
Balance sheet netting
- Classification and presentation of derivatives on the balance sheet for consolidated companies and individual legal entities elimination entries between affiliates, and
- Calculation of certain notional balances on derivative contracts
- In order to perform these accounting processes, the team compiles derivatives and foreign-denominated asset and liability data from several sources and reconciles this data to ensure that is complete and accurate using a combination of manual and automated procedures.
- The team then applies the technical accounting requirements to this data and uses the accounting records to prepare certain regulatory filings on a timely and accurate basis.
- This work effort requires derivative and foreign denominated financial instrument product knowledge, as well as an understanding of the technical accounting requirements related to derivatives and foreign denominated financial instruments.
- There must be a demonstrated ability to research and evaluate how these transactions are accounted for in systems of record, complemented by the ability to design operational accounting processes that address data integrity and produce high quality accounting data.
- In addition, the team must also compose business requirements documents that prescribe the technology requirements required to implement production enhancements that reduce the level of manual intervention in the accounting and reporting processes.
- The role involves close work with specialists in other accounting operations groups, enterprise risk, and enterprise technology.
- The ability to build and maintain relationships and communicate effectively is an asset. This individual must be able to manage multiple deliverable simultaneously and will act as the primary contact for various initiatives and projects as they arise.
Tejashree Waradkar,
B-208, Kailash Business Park, Next to Parksite, Vikhroli(West), Mumbai 400079,India
Call & Whatsapp : 8454843560
Linkedin : linkedin.com/in/tejashree-waradkar-5328b86a
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