Job Description
Provides expertise and leadership in financial planning, budgeting and expense management for specific business units.
Key Responsibilities and Duties
• Preparing operating budgets with and for various departments to support organization's expense management goals.
• Designing, preparing and distributing expense reports tracked against budget expectations.
• Working with various departments to assist with their expense management strategies and procedures.
• Working with junior staff to help them develop their expense management awareness and budget planning and tracking skills.
Educational Requirements
• University (Degree) Preferred
Work Experience
• 5+ Years Required; 7+ Years Preferred
Physical Requirements
• Physical Requirements: Sedentary Work
Career Level
8IC
• Job Profile SummaryJob Profile Summary
The Finance Control job ensures compliance with financial transaction recording standards (e.g., general ledger, cash payments/collections, tax transactions, etc.). With minimal oversight, this job reconciles the company's accounts and records (balance sheet, P&L, bank accounts, etc.). The Senior Accountant works closely with business areas on the ledger processing, and leads the Accounting team in updating, maintaining, and documenting new accounting guidance that impacts the company.
• Job DescriptionJob Description
Finance Control
The Finance Control job ensures compliance with financial transaction recording standards (e.g., general ledger, cash payments/collections, tax transactions, etc.). With minimal oversight, this job reconciles the company's accounts and records (balance sheet, P&L, bank accounts, etc.). The Senior Accountant works closely with business areas on the ledger processing, and leads the Accounting team in updating, maintaining, and documenting new accounting guidance that impacts the company.
Key Responsibilities and Duties
• Maintains records of organization's financial activity in accordance with GAAP, organizational standards, and in compliance with Section 404 of the Sarbanes-Oxley Act.
• Assists general ledger account owners with reconciliation of month end account balances and verification.
• Coordinates the work distribution and provides guidance for the more complex items for the accounting staff in the General Ledger Operations unit.
• Completes month-end, quarter-end, and year-end closing activities related to foreign exchange, cash management and tax, including preparing the appropriate audit work papers for such activities.
• Creates reports on financial performance for internal and external use.
• Supports junior accounting staff in the development of their professional skills.
Educational Requirements
• University (Degree) Preferred
Work Experience
• 3+ Years Required; 5+ Years Preferred
Physical Requirements
• Physical Requirements: Sedentary Work
💡 Quick Summary
Seeking a career-building opportunity? The Analyst | Financial Planning Analysis TIAA GBS India Mumbai| Maharashtra position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.