Hybrid Associate, Business Analyst – Record to Report, Journal Entry

at EXL

• Job title: Associate, Business Analyst – Record to Report, Journal Entry
• Job type: Full Time
• Experience level: Junior, Mid level
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Tech skills: ERP, Oracle
• Location requirements: Hybrid, India

About the role

• Role involves Balance Sheet Reconciliations and month-end journal preparation for the business. Requires collaboration with clients and analytical skills for effective financial reporting.

Responsibilities

• Role primarily involves doing Balance Sheet Reconciliations (Sub-Ledger to GL - AP, AR, WIP, I/C, Bank recs etc)
• Preparing/ processing/Uploading month end journals/reclassifications as per expected schedule and Service Levels (Efficiency, TAT and accuracy levels) to the Business
• Reconcile B/Sheet Accounts
• Reconcile Bank Accounts
• Reconcile sub ledger to ledger
• Standard Monthly reporting (W/C)
• Month end close Process/reporting
• Ensuring no ageing items/exposure
• Query / email management
• Compliance to policy/procedure
• Month end close Reporting
• Process Agency Approved JEs
• Collaborating with client in ensuring service deliveries
• Strengthening controls
• Ability to analyze accounts and understand activities/transactions
• Participating in conference calls with client
• Assisting onshore in Adhoc/monthly/quarterly and year end activities
• Working with Tech support team, to ensure clearance of tech issues impacting SL/GL
• Month end balance sheet journals to ensure the accurate presentation of Intercompany debtors and creditors in periodic reporting
• Provide explanations for movements in intercompany balances
• Support Onshore Manager, for the purpose of reporting performance, escalation handling, clarifying concerns, seeking support and monthly evaluation of performance
• Assistant Management Accountants, for the purpose of up-skilling them on process-related updates, coaching, mentoring & providing assistance and support when required

Requirements

• High level computer proficiency
• Experience in ERP desirable (Microsoft Dynamics AX, People soft / Oracle/ SAP) preferably with Microsoft Dynamics AX
• Good hands on knowledge of Microsoft Excel and other Microsoft application
• Good Accounting skills, analytical skills and accuracy with numbers
• Strong double entry bookkeeping knowledge is essential in this role
• Strong analytical and reconciliation skills.
• Excellent writing and verbal communication are required for this role
• Demonstrated problem solving skills and the ability to do multi-tasking
• Masters/ Bachelors degree in Commerce and Accounting or MBA-Finance or ACA with relevant experience.
• Total relevant work experience should be a minimum of 2+ years

Benefits

• Masters/ Bachelors degree in Commerce and Accounting or MBA-Finance or ACA with relevant experience.
• Total relevant work experience should be a minimum of 2+ years