Job Description
Company Description
At Nielsen, a Shared Service Center (SSC) Banking Associate is responsible for performing Day to day capturing of Bank movements, upload in the SAP Tool and clear the matched line items after posting made by the AR and AP Team. Banking team will identify and clear the unreconciled entries and do necessary follow ups in order to clear the bank open items. Also, performing Bank reconciliations, under the umbrella of the Operational Controller.
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
Additional Information
A LITTLE BIT ABOUT YOU
A successful Banking Associate will have good control over his Banking operations, good
coordination with all relevant stakeholders. S/he should be accurate and timely execution of all Banking deliverables. S/he should ensure there is no Open Item not only in Bank but also in Cash in Transit at the month end.
About NielsenIQ
NielsenIQ is a global measurement and data analytics company that provides the most complete and trusted view available of consumers and markets worldwide. We provide consumer packaged goods manufacturers/fast-moving consumer goods and retailers with accurate, actionable information and insights and a complete picture of the complex and changing marketplace that companies need to innovate and grow. Our approach marries proprietary NielsenIQ data with other data sources to help clients around the world understand what’s happening now, what’s happening next, and how to best act on this knowledge. We like to be in the middle of the action. That’s why you can find us at work in over +0 countries, covering more than +0% of the world’s population. For more information, visit www.niq.com.
NielsenIQ is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action-Employer, making decisions without regard to race, color, religion, gender, gender identity or expression, ****** orientation, national origin, genetics, disability status, age, marital status, protected veteran status or any other protected class
At Nielsen, a Shared Service Center (SSC) Banking Associate is responsible for performing Day to day capturing of Bank movements, upload in the SAP Tool and clear the matched line items after posting made by the AR and AP Team. Banking team will identify and clear the unreconciled entries and do necessary follow ups in order to clear the bank open items. Also, performing Bank reconciliations, under the umbrella of the Operational Controller.
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
Additional Information
A LITTLE BIT ABOUT YOU
A successful Banking Associate will have good control over his Banking operations, good
coordination with all relevant stakeholders. S/he should be accurate and timely execution of all Banking deliverables. S/he should ensure there is no Open Item not only in Bank but also in Cash in Transit at the month end.
About NielsenIQ
NielsenIQ is a global measurement and data analytics company that provides the most complete and trusted view available of consumers and markets worldwide. We provide consumer packaged goods manufacturers/fast-moving consumer goods and retailers with accurate, actionable information and insights and a complete picture of the complex and changing marketplace that companies need to innovate and grow. Our approach marries proprietary NielsenIQ data with other data sources to help clients around the world understand what’s happening now, what’s happening next, and how to best act on this knowledge. We like to be in the middle of the action. That’s why you can find us at work in over +0 countries, covering more than +0% of the world’s population. For more information, visit www.niq.com.
NielsenIQ is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action-Employer, making decisions without regard to race, color, religion, gender, gender identity or expression, ****** orientation, national origin, genetics, disability status, age, marital status, protected veteran status or any other protected class
💡 Quick Summary
Seeking a career-building opportunity? The Banking Associate position is now open for candidates interested in the Bank 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 Bank Jobs is a plus.
