Department: Financial and Management Accounting
Responsibilities
Direct Responsibilities
· Review the preparation and booking of daily/monthly entries (Accrual, Provisions, etc.)
· Enforce controls to ensure data quality in ledgers.
· Monitor reconciliation between source and general ledger and identify gaps.
· Review daily transactional account activity/daily ledgers for posting errors and back-value transactions
· Review ledgers and perform account and transaction analysis for a set of entities.
· Analyze, reconcile, and review all accounts under their responsibility by performing a variance analysis of corresponding revenue/balance sheet items, highlighting trends, and following up on questions/ concerns
· Perform reconciliation between various Management accounting systems to substantiate balances and breaks pertaining to both expenses and revenues.
· Post monthly entries (accruals/prepayments) & Flash/Actuals adjustments in management accounting system for correct management reporting, as applicable
· Assist in monthly system parameters checking; update and maintain referential (i.e. mapping tables) for which the team is responsible
· Reallocation of costs to relevant business lines
· Create schedules for Fixed Income disclosures and reporting as per IFRS13
· Prepares month-end substantiation and sign off balances along with relevant documentation for multiple legal entities.
· Assists with audit requests from External Audit, Regulators and internal control teams.
· Follow up on the outstanding issues and escalate to the correct contact and work towards resolution.
· Run control book daily and ensure the data quality is maintained in OFS ledger.
· Transform the accounting data into management accounting (profitability and cost allocation by Business Line) following the MARP (Management Accounting Rules and Principles)
· Understanding of accounting schema, reconciliation of intercompany process with a proper follow-up and respective documentation.
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