BSO Assistant Manager
Job Title: BSO Assistant Manager
Job Designation: Assistant Manager
Location: Kolkata
Department: BSO team
Job Type: Full-Time (Timings
– 2pm to 10:30pm)
Experience Level: 4-7 Years
About BDO EDGE:
BDO EDGE India Private Limited is an entity, based in India created through a strategic partnership among BDO member firms: in India, the United States, the United Kingdom, and Germany. It operates independently within the BDO network of accounting and advisory firms, enhancing their combined capabilities and resources.
BDO EDGE (Exceptional Delivery for Global Enterprises) delivers tax, assurance, accounting, outsourcing, advisory, and technology-driven services through highly skilled professionals in India to BDO network firms, their alliance programmes and any other certified public accounting firms (CPA firms).
Position Overview:
BDO is seeking an F&A
Operations executive to lead and manage F&A service delivery operations for
identified BSO engagements at BDO EDGE. The BSO executive manages the full-life
cycle of all assigned finance and accounting outsource engagements. Responsibilities
include proposal development, staff assignment and oversight, final work
product review and overall portfolio performance. The successful candidate will
lead by example, multi-task and delegate work responsibilities effectively,
work efficiently under pressure, meet all deadlines and be a strong team
player.
Job description:
- Executes the full-life cycle of all
assigned engagements by providing technical expertise in all areas within the
finance and accounting function. Performs complete general ledger
reconciliation including the entire balance sheet and applies accounting knowledge
by properly recording transactions in a general ledger; creates accounting
records such as bill payments, client invoices, payroll, and others; identifies
and records adjustments; produces accurate financial statements and provides
financial analysis.
- Execution of month end and year end
close for both US GAAP, IFRS & Local GAAP, including accruals, prepayment
amortization, deposits, inter-company charge back, audit adjustment and
miscellaneous journal entries, Tracking Fixed asset ledger.
- Verification of all day-to-day
transactions of sales, payment, purchase orders etc.
- Preparing the Recurring Expense
list, reviewing those expenses & keeping track of expenses every
month
- Generate reports related to payroll
expenses, taxes and other payroll-related data to help the organization make
informed decisions
- Review, analyze and process all
capital asset disposal and capital asset transfer requests/acquisition along
with assistance in preparation of documentation for internal/external audit
requests and SOX compliance data requests
- Able to draw a plan and to provide
training for work responsibility to new team members and cross training across
the team and become backup for the work responsibility among team.
- Communicates effectively with
client. (mandatory)
- Able to understand when issues are
raised by Associates, Experience Associates, Senior Associates in the
team/client and have mindset of researching, analyzing and resolving it in a
timely manner working around the establishment TATs (turnaround times).
- Understanding process and
documenting them as detailed SOPs (Standard operating Procedures) as and when
required
- Gathers information necessary from
the client to execute on engagements; maintains a running list of information
that is needed and follows up to gather information that is missing; organizes
this information so it is easily accessible for the team and the client as
applicable. Creates, develops, and maintains strong business relationships with
clients, both internal and external.
- Support the client through business
changes and helps to develop and execute the change management
plan.
- A team player and helps task
management while in crucial deadlines.
- Communicates in a clear and concise
manner that emphasizes key points; persuades others to their point of view with
Strong analytical and basic research skills.
- Ensures compliance to Firm and
engagement policies and procedures.
- Periodically reviews solutions with
their clients to determine if it is still the right solution for the current
state of the business and recommends appropriate changes.
- Creates a work plan following best
practices of project management (breaking down projects into phases and tasks,
estimating time/budget, setting milestones, managing dependencies, and
measuring and reviewing progress).
- Participates in recruiting efforts
for Associates and Senior Associates and assists with the new employee
on-boarding process.
- Supports the on-boarding of new BSO
engagements into BDO EDGE through the development and execution of end user
training plans.
- Manages the delivery of all F&A
services for assigned engagements including the planning, execution and
management of month end close deliverables
- Learns to manage conflict;
proactively engages senior leadership when conflict arises
- Preference would be given if the
candidate has knowledge on Cost
accounting, inventory system, has worked previously in consumer or retail
product industry.
Requirements
Qualification & Experience:
- Experience of 7 years or more in
Business Service Outsourcing for Graduates/Postgraduates/ Semi qualified
or
- Experience of 4-7 years for
MBA/ACCA/CPA or 3-6 years for CA Qualified
- Experience working in an
outsourced operations environment required.
- Demonstrated understanding of US
GAAP and financial statement preparation.
- Proven ability to lead a team in a
deadline-driven environment and handle multiple projects simultaneously, while
focusing on productivity, quality and customer satisfaction.
- Month end close management
experience required.
- Excellent
communication skills to connect with US based clients
Software:
- Proficiency with Microsoft Office
Suite (Outlook, Excel, Word, PowerPoint, SharePoint, Teams, OneDrive).
- Proficiency working with pdf
documents.
- Demonstrated experience performing
accounting functions in applications such as Quickbooks Online (mandatory),
Sage Intacct, Alteryx (or other AI analytics platform), Microsoft NAV and Bill.com, Netsuite.
Benefits
Why Join Us?
- Opportunity to work with a high profile client portfolio
- Leadership and career advancement opportunities
- Continuous learning and professional development
- Collaborative and growth oriented work environment