The Junior Associate on the Client Accounting team will be responsible for overseeing the accounting Month-End Closing, Reporting, Fixed Assets, Intercompany, Invoice & Payments and Cash Applications. The individual must be well verse in end-to-end accounting process, versatile, motivated, creative, intellectually curious, a strong communicator and collaborator.
Responsibilities include ensuring complete, timely and accurate accounting for Month-End Closing Activities & Reporting, Balance Sheet Reconciliation, Fixed Assets & Intercompany transactions Invoice & Payments and Cash Applications. He/she will adhere to the policies and procedures of the Company and the monthly close deadlines prescribed by Head Office. He/she will be required to maintain effective internal controls and ensure accounting activities are Local GAAP compliant. Additionally, there will be ad-hoc projects to help streamline and update the processes and reporting. As a member of the Intercompany team, the individual will provide critical and back-up support and collaborate with the BA/Operations.
General Accounting: Verify, allocate, post and reconcile transaction. Produce error-free accounting reports and present their results to immediate supervisor. Analyze Financial information and summarize financial status. Provide technical support and advice on management report. Review & recommend modifications to accounting process & procedures. Prepare financial statement and perform account maintenance. Perform bank Reconciliation including allocation and monitoring of reconciling items. Direct internal and external audits to ensure compliance. Support month-end & year-end close process Process payments either Standard Payment Run to Urgent/Manual Payments Develop and document business process and accounting procedure to maintain & strengthen internal controls. Fixed Assets Accounting: Create and monitor a system of controls, procedures, and forms for the recording of fixed assets. Record fixed asset acquisitions and dispositions in the accounting system. Track the compilation of project costs into fixed asset accounts and close out those accounts once the related projects have been completed. Work closely with the other departments in tracking project costs in comparison to their budgeted projections Conduct periodic reviews of the fixed asset schedule to determine dispositions. Reconcile the balance in the fixed asset subsidiary ledger to the general ledger. Run depreciation for all fixed assets. Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries. Intercompany Accounting: Review Intercompany transactions/recharges and reconciliations. Prepare and/or review management reports related to Intercompany accounts. Monitor the Intercompany clearing account balances and report issues if any. Coordinate with the relevant stakeholders to resolve the differences. Investigate and resolve imbalances between the entities. Review all intercompany journals and account reconciliation on time as per close calendar deadlines. Highly detail oriented and organized in work Ability to act and operate independently with minimal daily direction from manager to accomplish objectives Excellent interpersonal, communication and problem-solving skills Ability to meet assigned deadlines Able and willing to deliver friendly, courteous, and prompt customer service. Able and willing to work cooperatively with other team members Bachelor's Degree in Accounting Certified Public Account (CPA), preferred but not require 0 – 2 years of work experience Good understanding of Generally Accepted Accounting Principles (GAAP) and concept Good understanding of International Accounting Standard (IAS) and International Financial Reporting Standard (IFRS) and concepts Knowledge in any ERP System, preferably SAP Knowledge in Hyperion Financial Management System Proficient in Microsoft Excel Must be able to communicate in English Highly detail oriented and organized in work, Ability to act and operate independently with minimal daily direction from manager to accomplish objectives, Excellent interpersonal, communication and problem-solving skills, Ability to meet assigned deadlines, Able and willing to deliver friendly, courteous, and prompt customer service, Able and willing to work cooperatively with other team members, Bachelor's Degree in Accounting, Certified Public Account (CPA), preferred but not require, 0 – 2 years of work experience, Good understanding of Generally Accepted Accounting Principles (GAAP) and concept, Good understanding of International Accounting Standard (IAS) and International Financial Reporting Standard (IFRS) and concepts, Knowledge in any ERP System, preferably SAP, Knowledge in Hyperion Financial Management System, Proficient in Microsoft Excel, Must be able to communicate in English. #J-18808-Ljbffr
