Responsible for daily and month-end closing activities of Investment & General Accounting Reporting, including P&L reporting, reconciliations, and auditor support.
BASIC JOB DESCRIPTION: Responsible for daily and month end closing activities of Investment & General Accounting Reporting – recording Mark to Market, redemptions, Realized Gain/loss, accruals, fx adjustments; preparing Balance Sheet Account reconciliations, Inter Company accounting, accrual accounting consolidation accounting; accounts receivable, job will include working in a multi-currency ledger, review analyze & report P&L (Expense), support in preparation of various MI, Audit and Seed Investment reporting, providing supporting documentation to PWC & SOX auditors.
REPORTS TO: AVP/Investment accounting Senior Manager
SUPERVISES: None (individual contributor role)
Shift Timing 13:30 to 22:00
REGULARLY INTERACTS WITH: Internal global teams at Alliance Bernstein
JOB DUTIES AND RESPONSIBILITIES:
- Preparing & recording daily/monthly accounting journals of – Mark to Market, Redemption of Deferred Compensation, Money Market & Seed Investments, Realized gain loss, Fx Adjustments, General Accruals, P&L and Balance Sheet Adjustments.
- Preparing Balance Sheet accounts reconciliations & signoff account balances.
- Investigate, reconcile, and propose appropriate rectifications on queries raised by peers / onshore;
- Assist in Inter Company Accounting & Reporting – Clearing, Settlements, Net Down, Reconciliations;
- Assist in Reporting of Consolidated Financial Statements of Alliance Bernstein.
- Assist in preparation of accounting & financial reports – validation, consolidation and analysis of data from various sources;
- Assist and provide requested supporting documents / reports to internal & external auditors – SOX, PWC;
- Timely response to internal / Onshore requests;
- Maintain high standard of expected KPIs / SLAs – perform at best to achieve and exceed TAT Accuracy targets ;
- Discuss & communicate timely & effectively leave plan, backup requirement, any issues, concerns, feedback with appropriate concerned person with proactive solutions;
- Highlight gaps, risk in process and propose controls to the supervisor;
- Continuously cross train and periodic swapping of activities/tasks within team for optimum resilience;
- Identify areas / opportunities to improve process efficiencies through automation & controls;
- Prepare & maintain process documentation.
- Attend supervisor / manager nominated trainings and utilize the learning in day to day BAU;
- Available for support to other teams as and when required.
EDUCATION AND EXPERIENCE:
- Minimum B.Com Graduate in Accounting is a must. MBA (Finance)/ M. Com;
- 4+ years of experience in General Ledger (R2R) – month end closing and reporting is desirable. Investment/Inter Company, US GAAP accounting experience will be added advantage.
KNOWLEDGE/TECHNICAL SKILLS:
- Strong analytical & organizational abilities with adeptness and proficiency in using accounting systems, preparing accounting and financial statements/reports;
- Strong written and oral communication skills in English;
- Proficient in Microsoft Excel (working on pivot tables & excel formulas / and should be aware of using MS Access – working on queries.
Competencies
- Strong client focus with the ability to respond timely
- Results Orientation (Ability to multitask, execute and follow-through to completion.
- Well-organized with the ability to prioritize
- Strong communication and interpersonal skills, collaborative by nature
- Ability to synthesize and distill large amounts of data
- Ability to generate & implement new process improvement ideas
- Attention to detail and strong problem-solving abilities
- Can work independently
Pune, India
Top Skills
Excel
Ms Access
Similar Jobs
Artificial Intelligence • Healthtech • Professional Services • Analytics • Consulting
As a Finance Associate, you'll manage accounts payable, ensuring timely vendor payments, preparing cash reports, resolving payment issues, and assisting in financial reporting.
Top Skills:
HsbcnetSap FinanceUs Bank
Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
The Billing Specialist processes sales orders and invoices, resolves client inquiries, manages monthly financial closings, assists with compliance, and contributes to process improvements.
Top Skills:
MS OfficeNetSuiteSFDC
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
The Analyst - Finance External Manufacturing will ensure financial compliance and manage operational budgets for plant operations. Key responsibilities include managing financial book closures, preparing annual budgets in SAP, conducting cost analyses, and coordinating audits. The role requires strong interpersonal skills and proficiency in relevant financial systems.
What you need to know about the Pune Tech Scene
Once a far-out concept, AI is now a tangible force reshaping industries and economies worldwide. While its adoption will automate some roles, AI has created more jobs than it has displaced, with an expected 97 million new roles to be created in the coming years. This is especially true in cities like Pune, which is emerging as a hub for companies eager to leverage this technology to develop solutions that simplify and improve lives in sectors such as education, healthcare, finance, e-commerce and more.
