Job Description
Job Title:
General Ledger Assistant Manager
Department:
Finance
Location:
Hyderabad, India
Division:
Global Business Services
Reports to:
General Ledger Manager
Supervises:
Staff Accountants
Summary Description: Responsible for daily oversight of General Ledger Accountants in the Hyderabad Shared Service (SSC) Center, ensuring team is providing business unit general accounting and internal control support in accordance with US GAAP. This role supports financial reporting and accounting across North America, Europe, and Asia-Pacific regions.
Primary Duties/Responsibilities:
- Ensures timely and accurate delivery of General Ledger accounting services in accordance with US GAAP
- Understands proper accounting treatment for all General Ledger accounting services provided by the Hyderabad SSC, including but not limited to compensation accounting, revenue recognition, expense accruals, lease accounting, cash accounting, and investments.
- Ensures the Hyderabad General Ledger SSC staff executes all assignments in accordance with established Service Level Agreements (SLA’s). Accounting services will include but are not limited to preparation and review of journal entries, balance sheet reconciliations, variance analysis, compliance with auditor and SOX requirements, and providing ad hoc reporting to support accounting inquiries.
- Provides daily direction to General Ledger staff, sets priorities, and ensures staff are aware of critical deadlines or changes in policy or procedures
- Proactively identifies potential work bottlenecks or peaks in work volume and identifies plans to ensure team is able to meet agreed upon deadlines
- Ensures timely distribution of standard GL reports to corporate and business units
- Ensures General Ledger staff is providing financial data and analysis to support Corporate Controller’s local statutory audit requirements
- Engages General Ledger staff to identify continuous improvement opportunities and escalates opportunities to General Ledger Manager.
- Leads staff in execution of approved continuous improvement opportunities
- Supports GBS transition team to migrate additional general ledger accounting services to Hyderabad SSC, which includes assisting with the creation of transition plans and training materials, development of SLA’s, and participation in stabilization efforts
- Reviews, provides input, and signs off on R2R desktop procedures documented by General Ledger Hyderabad SSC staff
- Executes approved remediation of areas not meeting established service level obligations
- Participates in special projects as required by the R2R Management team
- Interviews, hires, orients, trains, motivates, evaluates, disciplines, and when necessary discharges subordinate personnel in conjunction with the SSC Lead
Minimum knowledge, skills and abilities required: (List only the minimum requirements needed for satisfactory job performance.)
Work Experience: 8-10 years of Accounting experience, specifically in the Record-to-Report process; Experience with accounting and financial systems, preferably Oracle; Experience in Record to Report process improvement and application systems implementation; knowledge of Microsoft Office suite
Education/Training: A Bachelor’s Degree in Business is required with an emphasis in Accounting or Finance preferred. Knowledge of Financial Services Industry preferred.
License/Registration/Certification: Certified Public Accountancy or Charted Accountancy a plus
Critical Competencies required: Knowledge and understanding of Generally Accepted Accounting Principles (GAAP); understanding of internal control elements; strong problem solving and analytical skills; good interpersonal skills; ability to manage team members and deliverables; good written and oral communication skills; highly organized; ability to meet strict deadlines; ability to interview, hire, and train employees; excellent customer service skills; ability to plan, assign, and direct work; ability to multi-task
Working Conditions: Normal work environment with little exposure to excessive noise, dust and temperature. May be required to lift, carry or move weights of up to 10 pounds. Frequent sitting and visual concentration is also required.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities and requirements.
Invesco, Ltd.
Job Description
Job Title:
General Ledger Assistant Manager
Department:
Finance
Location:
Hyderabad, India
Division:
Global Business Services
Reports to:
General Ledger Manager
Supervises:
Staff Accountants
Summary Description: Responsible for daily oversight of General Ledger Accountants in the Hyderabad Shared Service (SSC) Center, ensuring team is providing business unit general accounting and internal control support in accordance with US GAAP. This role supports financial reporting and accounting across North America, Europe, and Asia-Pacific regions.
Primary Duties/Responsibilities:
- Ensures timely and accurate delivery of General Ledger accounting services in accordance with US GAAP
- Understands proper accounting treatment for all General Ledger accounting services provided by the Hyderabad SSC, including but not limited to compensation accounting, revenue recognition, expense accruals, lease accounting, cash accounting, and investments.
- Ensures the Hyderabad General Ledger SSC staff executes all assignments in accordance with established Service Level Agreements (SLA’s). Accounting services will include but are not limited to preparation and review of journal entries, balance sheet reconciliations, variance analysis, compliance with auditor and SOX requirements, and providing ad hoc reporting to support accounting inquiries.
- Provides daily direction to General Ledger staff, sets priorities, and ensures staff are aware of critical deadlines or changes in policy or procedures
- Proactively identifies potential work bottlenecks or peaks in work volume and identifies plans to ensure team is able to meet agreed upon deadlines
- Ensures timely distribution of standard GL reports to corporate and business units
- Ensures General Ledger staff is providing financial data and analysis to support Corporate Controller’s local statutory audit requirements
- Engages General Ledger staff to identify continuous improvement opportunities and escalates opportunities to General Ledger Manager.
- Leads staff in execution of approved continuous improvement opportunities
- Supports GBS transition team to migrate additional general ledger accounting services to Hyderabad SSC, which includes assisting with the creation of transition plans and training materials, development of SLA’s, and participation in stabilization efforts
- Reviews, provides input, and signs off on R2R desktop procedures documented by General Ledger Hyderabad SSC staff
- Executes approved remediation of areas not meeting established service level obligations
- Participates in special projects as required by the R2R Management team
- Interviews, hires, orients, trains, motivates, evaluates, disciplines, and when necessary discharges subordinate personnel in conjunction with the SSC Lead
Minimum knowledge, skills and abilities required: (List only the minimum requirements needed for satisfactory job performance.)
Work Experience: 8-10 years of Accounting experience, specifically in the Record-to-Report process; Experience with accounting and financial systems, preferably Oracle; Experience in Record to Report process improvement and application systems implementation; knowledge of Microsoft Office suite
Education/Training: A Bachelor’s Degree in Business is required with an emphasis in Accounting or Finance preferred. Knowledge of Financial Services Industry preferred.
License/Registration/Certification: Certified Public Accountancy or Charted Accountancy a plus
Critical Competencies required: Knowledge and understanding of Generally Accepted Accounting Principles (GAAP); understanding of internal control elements; strong problem solving and analytical skills; good interpersonal skills; ability to manage team members and deliverables; good written and oral communication skills; highly organized; ability to meet strict deadlines; ability to interview, hire, and train employees; excellent customer service skills; ability to plan, assign, and direct work; ability to multi-task
Working Conditions: Normal work environment with little exposure to excessive noise, dust and temperature. May be required to lift, carry or move weights of up to 10 pounds. Frequent sitting and visual concentration is also required.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities and requirements.
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