Company Name: VARITE India Private Limited

About The Client:

A global IT services and consulting company, multinational information technology (IT), headquartered in Tokyo, Japan. The Client offers a wide array of IT services, including application development, infrastructure management, and business process outsourcing. Their consulting services span business and technology, while their digital solutions focus on transformation and user experience design.

It excels in data and intelligence services, emphasizing analytics, AI, and machine learning. Additionally, their cybersecurity, cloud, and application services round out a comprehensive portfolio designed to meet the diverse needs of businesses worldwide. About The Job:

- The role is responsible for month-end close accounting and management reporting and billing related activities.
- Daily general ledger control checks, reference data maintenance, management information reporting & analysis, inter-entity reconciliation, GL balance substantiation & reconciliation.
- The associate will be part of Nuveen US billing team as well as corporate accounting team.

Essential Job Functions:

- Corporate accounting month-end close: The associate will execute month-end and quarter-end close activities in line with Client's internal guidelines and SOX controls. Responsibilities include preparation of journal entries, account reconciliations, intercompany transactions and settlements, variance analyses, and account substantiations.
- Reconcile intercompany and equity accounts and fix the breaks.
- Perform M-o-M variance analysis and document reasons for the variances.
- Manage end-to-end billing operations for institutional investment advisory clients, ensure accurate revenue accounting, and support timely receivables management and regulatory reporting.
- Calculate and post the revenue accruals in the General Ledger.
- Investigate unreconciled billing data across multiple systems and collaborate with stakeholders to ensure billing accuracy and timely resolution of exceptions.




- Process billing for institutional clients' investment advisory services and perform fee calculations with client agreements and contractual terms.
- Analyze agreements to identify the applicable fee basis—billing frequency and timing.
- Perform true-up analysis at the time of actual payment receipt by comparing actuals versus accrued amounts, investigating and explaining variances to ensure accuracy of revenue recognized.
- Record bank transactions for fee receipts and ensure all postings are completed prior to month-end close.
- Perform balance sheet reconciliations for receivable accounts, including ORMB-to-GL reconciliations.
- Monitor aging of outstanding fees and coordinate with Relationship Managers (RMs) and Client Service Associates (CSAs) for timely follow-up and collection.
- Prepare monthly and quarterly regulatory reports, including TIC-B and BEA-185.
- Provide support for internal and external audits by furnishing relevant documentation, reconciliations, and explanations related to billing, accruals, and revenue recognition, ensuring timely and accurate responses to auditor queries.
- The associate will regularly interact with Finance teams across India GBS and US locations, as well as external auditors.
- Strong communication, collaboration, and stakeholder management skills are critical to success in this role.
- The associate will be responsible for implementation of process improvements to enhance operational effectiveness, reduce risk, and apply critical thinking in evaluating processes, risks, and controls.
- The other activities also include adhoc matter & addressing queries, ensure data quality before submissions, investigate, resolve and escalate issues on timely basis,



both within finance as well as cross departments.

Qualifications:

Educational Requirements

- MBA/Master’s in Finance.
- CA preferred.

Work Experience
- 5 Years Required; 8+ Years Preferred.

Skills:
- ORMB billing tool.
- FCCS consolidation tool.
- PeopleSoft accounting system.
- Tableau.
- Alteryx.
- Oracle SmartView.
- EDM and Workiva knowledge preferable.
- US GAAP and IFRS knowledge and experience preferred.
- AI tools usage.
- Proficient in Excel.
- Commitment to a culture of excellence and client service.

Shift: 1 PM to 10 PM How to Apply: Interested candidates are encouraged to respond/submit their updated resumes, and for additional job opportunities, please visit Jobs In India – VARITE.

Unlock Rewards: Refer Candidates and Earn.

If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the preferred candidate completes a three-month assignment with VARITE.

Experience Level Bonus Referral:

0-2 years INR 5,000 2-6 years INR 7,500 6+ years INR 10,000 About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA.

VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.

Equal Opportunity Employer:

VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive workplace for all employees. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.

📌 Consultant - Legal Entity Controllership (Pune)
🏢 VARITE
📍 Pune