AO/US Investment Accounting Process Leader

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