Job Description
Job Description
● Perform MT+40 Bank Statements download from the bank website with accuracy and
efficiency.
● Follow up with Operational Controllers for Local Manual Bank Statements and record
the movements in SAP.
● Uploading the MT+40 Bank Statements into SAP.
● Follow up with O2C and P2P Team to get the Customer Receipts and Vendor
Payments applied in SAP.
● Follow up with Respective EFS Operational Controllers and other payment / receipt
initiators and clear the Bank Open Items.
● To identify the unreconciled entries, investigate and post the entries based on the
booking details provided by the EFS Controllers.
● Day to day comparison of Closing Bank Balance in SAP Vs Bank Statement.
● Daily posting of entries such as Internal Bank Transfers, Bank Charges, Interest
(Receipts and Payments), other equity movements.
● Follow up with EFS Controllers for the entries posted in Cash in Transit account to
move to the appropriate GL Account.
● Investigate Cash Pool accounts on day to day basis and post entries if there is any
movement.
● Preparation of netting movements report for all Intra regional Entities once the Netting
settlement initiated.
● Preparation of Bank Open Items Reports and circulate to all the appropriate
stakeholders to clear the open items.
● Follow up with EFS Controllers by initiating call to clear Bank Open Items.
● Preparation of GL Account extension/unblock forms.
● PCR (Process Change Request) to be created, followed up with SAP Team for
● Configuration of MT +40 setup for New Bank Accounts.
● Supporting of Internal / External Audit requests.
● Supporting of EFS Controllers for any Adhoc Reports.
● Maintenance of Bank Master Data for all Bank Accounts.
● Maintain internal process documentation to reflect the most up-to-date ways of work
● using the most recent Nielsen toolset (Google, etc.). Ensure standard operating
procedures are operationalized and consistent in both content and format with
expectations laid out by Global Financial Controlling.
● Maintain an appropriate system configuration and IT environment to ensure effective
and efficient execution of Banking Process.
● Daily Preparation of Bank Open Items, Cash in Transit Report for speedy Month close.
● Handling of Adhoc queries from internal stakeholders (P2P, O2C and IC COE Team).
● Performing of all bank reconciliations in the GRT Tool after month close as per the
corporate guidelines (7 corporate criteria).
Qualifications
● Bachelor's degree in Accounting
● 1 - 3 years of experience in accounting of a multinational company.
● Experience with ERP systems (SAP module is a plus)
● Working knowledge of accounting concepts under U.S. GAAP and preferably with
● IFRS/Local GAAP and SOX compliance
● Strong knowledge of personal computers and applications (including Google)
● Excellent analytical skills
● Demonstrated attention to detail and accuracy while meeting strict deadline
● Effectively manage time and priorities and work efficiently
● Self-motivated and the ability to work effectively in a team environment
● Proven interpersonal and communication skills
● Proven problem solving skills with demonstrated ability to take action in solving issues
● Strong customer service orientation: need good listening and communication skill
● Perform MT+40 Bank Statements download from the bank website with accuracy and
efficiency.
● Follow up with Operational Controllers for Local Manual Bank Statements and record
the movements in SAP.
● Uploading the MT+40 Bank Statements into SAP.
● Follow up with O2C and P2P Team to get the Customer Receipts and Vendor
Payments applied in SAP.
● Follow up with Respective EFS Operational Controllers and other payment / receipt
initiators and clear the Bank Open Items.
● To identify the unreconciled entries, investigate and post the entries based on the
booking details provided by the EFS Controllers.
● Day to day comparison of Closing Bank Balance in SAP Vs Bank Statement.
● Daily posting of entries such as Internal Bank Transfers, Bank Charges, Interest
(Receipts and Payments), other equity movements.
● Follow up with EFS Controllers for the entries posted in Cash in Transit account to
move to the appropriate GL Account.
● Investigate Cash Pool accounts on day to day basis and post entries if there is any
movement.
● Preparation of netting movements report for all Intra regional Entities once the Netting
settlement initiated.
● Preparation of Bank Open Items Reports and circulate to all the appropriate
stakeholders to clear the open items.
● Follow up with EFS Controllers by initiating call to clear Bank Open Items.
● Preparation of GL Account extension/unblock forms.
● PCR (Process Change Request) to be created, followed up with SAP Team for
● Configuration of MT +40 setup for New Bank Accounts.
● Supporting of Internal / External Audit requests.
● Supporting of EFS Controllers for any Adhoc Reports.
● Maintenance of Bank Master Data for all Bank Accounts.
● Maintain internal process documentation to reflect the most up-to-date ways of work
● using the most recent Nielsen toolset (Google, etc.). Ensure standard operating
procedures are operationalized and consistent in both content and format with
expectations laid out by Global Financial Controlling.
● Maintain an appropriate system configuration and IT environment to ensure effective
and efficient execution of Banking Process.
● Daily Preparation of Bank Open Items, Cash in Transit Report for speedy Month close.
● Handling of Adhoc queries from internal stakeholders (P2P, O2C and IC COE Team).
● Performing of all bank reconciliations in the GRT Tool after month close as per the
corporate guidelines (7 corporate criteria).
Qualifications
● Bachelor's degree in Accounting
● 1 - 3 years of experience in accounting of a multinational company.
● Experience with ERP systems (SAP module is a plus)
● Working knowledge of accounting concepts under U.S. GAAP and preferably with
● IFRS/Local GAAP and SOX compliance
● Strong knowledge of personal computers and applications (including Google)
● Excellent analytical skills
● Demonstrated attention to detail and accuracy while meeting strict deadline
● Effectively manage time and priorities and work efficiently
● Self-motivated and the ability to work effectively in a team environment
● Proven interpersonal and communication skills
● Proven problem solving skills with demonstrated ability to take action in solving issues
● Strong customer service orientation: need good listening and communication skill
💡 Quick Summary
Seeking a career-building opportunity? The Banking Associate position is now open for candidates interested in the Accountant Jobs sector. This role in Pune 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.