Finance Associate - New Delhi, India - Boston Consulting Group

Boston Consulting Group

Verified Company

New Delhi, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

WHAT YOU''LL DO:

Join us as we embark on a journey to transform BCG's Finance organization. "Future Finance" is a multiyear journey to prepare the Finance function for the BCG of the future: a BCG that continues to grow, and one that has become more complex, more diverse and more interdependent. By rethinking structures and standardizing processes across geographies and business entities, we will make it simpler and more efficient to work together and flex to meet the needs of BCG. As a part of the Global Finance Operations Services team, you will support and deliver on daytoday activities in the RecordtoReport (RTR) function including finance & accounting management process of collecting, processing, consolidating, closing and reporting on relevant, timely and accurate information used to provide financial, strategic and operational feedback which aids in decision making process. You should have experience in financial accounting and reporting, revenue accounting. fixed assets and lease accounting, intercompany accounting, accrual/prepaid accounting and reconciliations, month end/year end close, accounting systems and procedures, consolidation of financials, audit controls and governance etc. Your key stakeholders will include various internal BCG functions and the local finance teams located in multiple geographies. _

Roles and responsibilities:

Understanding of accounting concepts in conjunction with knowledge of financial systems, data flow, chart of accounts, consolidation, system hierarchies & mappings
Perform monthly accounting transactions, including accurate recording and review of revenue and expenses, general ledger and subledger management, monthend accruals and journal entries for costs, and other financial activities in compliance with local, BCG and other accounting practices
Review, reconcile and analyze aspects of the monthly financial statements, inclusive of consolidation, reconciliations, allocations, accruals & prepayments and variance analysis
Ensure that all assigned balance sheet and expense accounts are reconciled, balanced, and maintained in accordance with company procedures
Develop baseline knowledge of accounting processes to help provide back up support to team
Utilize system reports and queries to obtain required data to address questions and/or research on issues
Work with IT/finance system's team to investigate and resolve month end related system issues and reconciling difference while performing system reconciliations
Ensure strong internal controls by maintaining backups/schedules supporting accounting transactions. Adhere to the internal compliance policy and guideline established by the management on their daily operational activities
Partner with Finance Managers and Leads to conduct holistic review of accounting operations, identify opportunities for improvement and implement recommendations
Support in developing appropriate accounting procedures and process documentation to ensure smooth monthly/quarterly/annual close process
Ability to solve practical problems and assist with documentation alization of procedures
Identify and report any deviation from preset guidelines/procedures for timely advice/solution from line manager
Independently perform transactional tasks which support the compliance, planning, and execution of assigned processes
Complete ad hoc requests and perform other duties as needed with mínimal oversight Active participation in the organizationwide projects and initiatives

YOU''RE GOOD AT:

Strong accounting background that supports analytical skills
Sound analytical skills, ability to navigate details and a willingness to look at data in different ways. Ability to synthesize data and consistent attention to detail
Experience with Excel—ability to design, enhance, and maintain spreadsheets and databases
Comfort with ambiguity and cross validating results through indirect means
Demonstrates sound judgment, high level of initiative and resourcefulness
Comfort with multitasking and prioritizing within a fastpaced, demanding environment
Flexibility, comfort and desire to dig in and work through the details
Understands value of an iterative process
Ability to work effectively in team environment and independently
A track record for successfully interacting at all levels
Good judgment, strong interpersonal skills and a collaborative style
Ability to perform effectively under pressure and changing situations with tact, poise & patience
Excellent oral and written communication skills
Flexibility to multitask on different projects in a fastpaced organization
Proven ability to plan work effectively and prioritize work even in stressful situations
Demonstrates responsiveness, initiative, orientation towards service & broader business needs
Experience working successfully within a complex matrix structured organization is essential. Proven ability to drive c