Job Summary

Section Name

Details

Job Level

Lead Analyst - GL Accounting & Reporting SME (E1.2)

Function

Finance & Accounting BPO | Record-to-Report | GL Accounting & Reporting

Role Title

Lead Analyst - GL Accounting & Reporting (Senior Accountant)

Location

Hyderabad, India

Experience

8+ years of financial accounting experience, preferably in shared services, global delivery, or captive finance operations. Experience in GL accounting, close activities, journal entries, balance sheet reconciliations, financial reporting, variance analysis, audit support, and transition or stabilization environments is preferred. Oracle, Excel, BlackLine, HFM, and other financial tool knowledge would be an advantage.

Job Profile Summary

The Lead Analyst/Senior Accountant will support the transition and steady-state delivery of GL Accounting & Reporting activities within the R2R tower for a F&A; engagement. The role is responsible for timely completion of accounting close responsibilities, analysis of complex financial transactions and reports, accounting judgments related to reserves, asset capitalization, expense recognition, revenue recognition, accruals, reconciliations, roll forwards, and reporting outputs. The role will review, verify, and certify journal entries and accounting records, prepare income statements, balance sheets, statutory and management reporting schedules, and provide financial reporting and analysis to management and business partners. The Senior Analyst may also act as an accounting liaison, provide work direction to less experienced accountants, support internal and external audits including control audits, and identify opportunities to improve process efficiency, quality, and control compliance.

Key Responsibilities

Key Responsibilities / Role Description

1. Execute and support timely completion of month-end, quarter-end, and year-end accounting close activities for assigned entities, ledgers, business units, or markets.
2. Analyze complex financial transactions and accounting reports, including judgments related to reserves, capitalization of assets, expense recognition, revenue recognition, accruals, and balance sheet movements.
3. Prepare, review, verify,



and certify journal entries and accounting records with appropriate backup, coding, approvals, and compliance with US GAAP, IFRS, client policies, and internal controls.
4. Record and validate payroll and P/R related entries, revenue entries, service fee revenue, operational bank entries, tax provisions, accruals, deposits, prepayments, reclasses, personnel reclassifications, intercompany postings, and statistical journals.
5. Prepare balance sheet reconciliations in BlackLine, roll forwards, suspense and clearing account reconciliations, intercompany reconciliations, statutory reconciliations, and ensure timely clearance of reconciling items.
6. Prepare income statement, balance sheet, statutory financial statement schedules, management reporting packs, MAP schedules, BoD financial results, variance commentary, FRG inputs, and other internal reporting deliverables.
7. Support tax and regulatory reporting activities including CIT provisions, tax HFM rollforwards, year-end tax packages, statutory accounts, indirect tax returns such as VAT, WHT, GST and other returns, corporate tax rollforwards, filings, and payment initiation support.
8. Participate in transition activities including knowledge transfer, process walkthroughs, SOP validation, desktop procedure creation, close calendar alignment, reconciliation inventory validation, issue log management, and stabilization actions.
9. Assist with internal audits, external audits, SOX testing, control audits, regulatory reporting, OFAC reporting, and evidence preparation for client or auditor requests.
10. Provide financial reporting and analysis to management, business partners, client controllership, and internal delivery leadership with clear explanations for variances, unusual balances, and process exceptions.
11.



Identify process improvement opportunities, recurring defects, manual effort, control gaps, and reporting inefficiencies; support implementation of improvements, current systems, accounting projects, products, or standard changes.
12. Act as an accounting liaison and provide day-to-day guidance or work direction to less experienced accounting staff where required.

Skill Requirements

Skills Required

Technical Skills:

- Strong knowledge of financial accounting, general ledger, R2R close process, journal entries, accruals, prepayments, revenue recognition, intercompany, reconciliations, roll forwards, financial statements, statutory reporting, and management reporting.

- US GAAP and IFRS knowledge is required, with ability to apply accounting judgment to reserves, capitalization, expense recognition, revenue recognition, tax provisions, and complex transactions.

- Working knowledge of Oracle, Excel, BlackLine or similar reconciliation tools, HFM or financial reporting tools, and MS Office. Advanced Excel skills are preferred.

- Ability to analyze financial transactions, validate account movements, prepare variance commentary, clear reconciling items, and produce audit-ready documentation.

Transition and Delivery Skills:

- Ability to work in a new transition environment with detailed knowledge capture, SOP creation, process validation, issue tracking, and close stabilization requirements.

- Strong attention to detail, ownership mindset, SLA discipline, and ability to manage close deadlines across multiple activities.

- Ability to collaborate with client finance teams, controllership, tax, audit, regulatory teams, process owners, transition teams, and internal delivery leadership.

- Ability to provide work direction to team members, share process knowledge, support training, and improve quality through coaching and review feedback.

- Strong communication, problem solving, analytical thinking, documentation, and stakeholder management skills.

Educational Qualification

B.Com/M.Com with CA/CWA Inter, CMA Inter

Must Have Skill

Record keeping

Good to Have Skill

Other Requirements

📌 Senior Specialist (Hyderabad)
🏢 HCLTech
📍 Hyderabad