Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is proud to be named as #3 as a Great Place to Work® in India and is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Outstanding Place to Work®. Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers Cash Accounting, general accounting, client accounting, reconciliations, closing & reporting, system maintenance, governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.
This role will support Cash Accounting processes including daily balancing of customer related payment activity, disbursements, month-end close, and month-end reconciliations.
Detailed knowledge of process flow of assigned accounts and Blackline balancing procedures
Completion of daily balancing/tasks for all assigned accounts and monitoring of aged items in accordance with assigned thresholds
Research/follow up on all reconciling items for assigned accounts with strong root cause/action plans documented.
Process improvement ideas for assigned accounts and implementation of small scope improvements
Completion of month-end responsibilities including journal entry preparation and reconciliations in accordance with SYF standards
Support of Governance initiatives including job aid preparation, updates, and testing
Bachelor's Degree in Accounting or Finance with 1-2 years of accounting experience or in lieu of a degree 3-4 years of accounting experience
- 1-2 years of GL/ Balance sheet reconciliation
- Bachelor's Degree in Accounting or Finance with 1-2 years of accounting experience or in lieu of a degree 3-4 years of accounting experience
Software Skills (Excel, Word, PowerPoint)
Demonstrated commitment to quality and customer service
Experience with reconciliation systems (Blackline)
Experience with Treasury systems
Experience with Oracle
Prior banking experience
The remaining hours will be flexible for the employee to choose. Our way of working allows you the option to work from home or workspaces in our Regional Engagement Hubs. Occasionally you may be required to commute or travel to Hub or one of the Regional Engagement Hubs for in person engagement activities such as business or team meetings, trainings, and culture events.
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