Job Description
Assistant Vice President, Revenue Accounting, Account...
State Street
Bengaluru, Karnataka
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22 hours agoFull–time
Job Description
The AR Receivable Lead will be accountable and responsible for all aspects of Accounts Receivable - Billed & Unbilled, Cash application, Global reporting and day-to-day management of a team of experienced Accounting professionals . This individual will provide subject matter expertise in the area of accounting related to Revenue Accounting which include:
• Revenue Invoicing and reconciliation
• AR reporting
• Accounts Receivable; Billed and Unbilled (including aging’s)
• SOX Controls
• Fee Reserve Analysis
• Account Reconciliations & Certifications
• Monitoring & Processing of Client Concessions / Revenue Reversals
• Cash Applications
In addition to Business As Usual (BAU) responsibilities as described above this role will be accountable and lead the process re-engineering standardization and automation efforts.
Responsibilities & Tasks Include
Business As Usual (BAU) Activities:
• Collaborate closely with the onshore team to understand expectations and deliverable timelines and ensure that deliverables of the team are load balanced as compared to team staffing.
• Develop the team to adopt “owner’s mind set” work independently and effectively manage timelines
• Manage resources to assist with ad-hoc projects and new transactions to support the GAO Accounting controller group
• Lead the day to day activities of an accounting team that is performing Revenue Accounting.
• Performing managerial reasonableness reviews and discussing reporting & analytics deliverables prepared by the team to ensure results make sense that messaging is on point for the audience and ensuring the core objective of the deliverable is met
• Provide support to key stakeholders of the team to present analytical results findings
• First point of escalation within the local reporting line for dealing with issues (people/process/technology) and ensuring that compliance requirements are adhered to (e.g. company policies surrounding standard of conduct information security employment regulations)
• May be required to participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis and accounting transactions.
• May serve as a subject matter expert on particular accounting transactions. Coordinate with onshore team / Accounting Policy to determine appropriate accounting treatment for complex transactions
• Coaches the team and works with onshore leadership to establish the team member goals and gather feedback for performance appraisals.
• Participate in or manage function specific projects as needed
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Vice President| Revenue Accounting| Account position is now open for candidates interested in the Accountant Jobs sector. This role in Bengaluru 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 Accountant Jobs is a plus.
