Position Summary:

The Senior Associate is responsible for performing activities related to Accounting (General, Intercompany, Fixed Assets), Cash Management and Master Data Management function and overseeing transactions performed by Associates, which services a number of advertising agencies.

Key Responsibilities:

General and IC Accounting

- Review & Post manual Journal Entries before posting in Vantage

- Review recurring expense accruals calculations

- Update exchange rates and foreign currency revaluation

- Review and support in reconciliation of Intercompany balances

- Review adjustment entries and resolve discrepancies related to Intercompany accounting

- Maintain the integrity of the General Ledger, including compliance with OMC accounting processes in accordance with US GAAP and group policies

Master Data Management

- Review request related to creation & maintenance of Chart of Accounts, Company codes, Cost centres, Vendor Master Data, Client master data as per requests received from Agency Local Finance and processed as per agreed guidelines

Treasury & Cash Management

- Review “Cash and Debt Database” schedule

- Prepare monthly cash forecasts for OMCs SSC

- Review bank account reconciliation and follow up with applicable stakeholders where any anomalies are found

Fixed Assets (FA) Accounting

- Review maintenance of FA inventory (FA register)

- Review calculations of asset depreciation

- Review request for FA maintenance and disposal

Other R2R related Responsibilities





- Resolve Agency Local Finance queries within defined timelines

- Assist client and external audit process when necessary

- Supervising activities within process

- Assisting Team Leads in productivity and work load management for their respective areas

- Supporting TLs in Leave and Attendance management for their respective areas

- Cross training activities

- Act as Subject matter experts within the team

Knowledge and Experience

- Essential:

- 6+ years of work experience in a similar role

- Experience in Advertising industry preferred

- Minimum Education Qualification – Graduation; Preferred Qualification – Chartered Accountant

- Good knowledge of concepts and procedures related to GL accounting, Treasury & Cash management and Master Data Management

- Ability to provide high level of customer service

- Strong written and oral communications skills in English

- Solid problem solving and organizational skills

- Experience with, and competence in using, integrated ERP software (SAP would be a distinct advantage)

- Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

- Experience in SAP

- A distinct advantage:

- Experience working in a Shared Services Centre focused on Finance & Accounting activities

- Experience in document imaging software like SharePoint

- Experience in managing people and processes through a sustained period of change

📌 General Accounting Supervisor (Mumbai)
🏢 Omnicom
📍 Mumbai