Asst Manager Accounting

Key Responsibilities

Critical activities of the job

• Liaising with businesses, banks, Cash Services and internal stakeholders.
• Manage banking operations to ensure timely delivery with quality.
• Closely monitor cash pooling, country specific banking requirements, cash funding, Direct Debit processes etc.,
• Ensure foreign transactions and hedges are properly recorded.
• Ensure queries / transactions are resolved timely and GL is not aged
• Ensure banking recons are delivered on-time & with quality with no unexplained items.
• Execute month end closing activities.
• Initiate and review GL entries to ensure integrity of all transactions and resolve any queries.
• Design and continuously improve processes focusing on standardization & simplification.
• Drive improvement on identified issues within defined scope of responsibility.
• Participate in new bank implementation & support UAT, testing in partnership with Treasury & IT teams
• Ensure relevant GAAP, HON accounting policies
• Participate in external and internal audits.
• Participate in process improvement reviews and projects.
• Overseeing review of MT940 bank statement status file on daily basis. Validate & work with SAP, IT & Bank teams for failure cases if any, and ensure all bank statements are accurately uploaded and match against SAP
• Manage the review of Concur (Employee reimbursement claims) Reconciliation and approvals
• Payment authorization in bank portal with proper adherence to underlying controls and validation of supporting documents.
• Managing setting up auto rules in SAP to clear standard bank open line items.
• Exposure to controls compliance for Sarbanes-Oxley, Process re-engineering & Automation.