Analyst – Blackline Reconciliations, GFS, Deloitte Support Services India Private Limited
Role Description:
As Analyst, the team member supports the complex Operational and Transactional Level activities. This includes BS Reconciliation; JE preparation and posting JE etc.
Role objective:
To support Blackline Reconciliations process in compliance with Firm’s Reconciliation Policy.
Work you will do
As an Analyst in USI supporting GFS Blackline team, you will focus on following areas:
· Journal Entry Preparation and Posting
· Preparation of Balance Sheet Reconciliations in Blackline of associated Member Firm
· Performing Period End close activities
· Performing all daily support activities to member firms
· Following up on respective Reconciliation open items and clearing them in GL.
· Achieve targets and defined SLAs within specified timelines
· Performing activities on first time right basis as per defined process guidelines.
· Good process knowledge on General Ledger accounting/RTR activities
· Knowledge of accrual basis accounting, prepaid accounting
· Handling of medium complex Balance Sheet Reconciliations and work on the open items’ resolutions independently with a minimum support from Senior team members.
· Knowledge of Inter- Firm Billing /accounting activity.
· Able to independently communicate with the stake holders. Able to carry out independent analysis of any given activity and provide solutions to the stakeholders
· Identifies routine issues related to accounting principles and practices. Compiles and creates data for use in business analysis and Identifies/communicates exceptions in a timely manner.
Blackline is an automated Reconciliation tool where the Balance Sheet Account Reconciliations will be performed and presented in a defined Format. Reconciliation is a process whereby an account balance, at a point in time as per the general ledger (“GL”), is substantiated by independent supporting documentation to validate the Accuracy, Completeness, Valuation and Allocation of the balance.
The team’s competency spans several different proficiencies including:
· Knowledge of Balance Sheet Reconciliation
· Experience with understanding entries that get posted to different account types
· Skilled at working with numbers and in detailed analysis
· Strong understanding of accounting principles
· Knowledge and experience with journal entries and with GL reconciliations
· Ability to ensure a high level of overall quality and accuracy
· Ability to work well & multi-task in a fast paced, time sensitive environment
USI supporting GFS aims to provide a fully managed shared service that:
· Drives standardization of select skilled-based processes that are common across business functions and member firms
· Leverages a single technology platform
· Acts in support of member firm Business Finance teams so that they may, in turn, focus primarily on internal clients and value-add activities
· Implements leading practices and drives continuous improvement
· Delivers to agreed Service Level Expectations (SLEs)
Educational Qualifications and requirements:
· B.com/M.com/CA Inter/MBA Finance graduate with 2-5 years of experience in RTR and recon process
· Excellent Working knowledge of Excel
· Should be proactive and possess good oral and written communication skills
· Have attention to detail along with good analytical skills
· Ability to perform extensive research to reach accurate conclusions with ambiguous data scenarios
· Ability to work effectively, both independently and as a member of a team
· Working knowledge of Reconciliation in Blackline and SAP S/4 Hana (preferred)
Location: Hyderabad
Work timings: 2 PM to 11 PM, can change according to business needs
How you will grow
At Deloitte, we have invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources, including live classrooms, team-based learning, and eLearning. Deloitte University (DU): The Leadership Center in India, our state-of-the-art, world-class learning center in the Hyderabad office, is an extension of the DU in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India.
Benefits
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Disclaimer: Please note that this description is subject to change basis business/engagement requirements and at the discretion of the management.