Sr. Finance Specialist (L07)

Job Description:

Role Title: Sr. Finance Specialist (L07)

Company Overview:

Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation’s most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is proud to be named as #3 as a Great Place to Work® in India and is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.

Organizational Overview:

Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers Cash Accounting, general accounting, client accounting, reconciliations, closing & reporting, system maintenance, governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.

Role Summary/Purpose:

This role will support Cash Accounting processes including daily balancing of customer related payment activity, disbursements, month-end close, and month-end reconciliations. 

Key Responsibilities:

• Detailed knowledge of process flow of assigned accounts and Blackline balancing procedures
• Completion of daily balancing/tasks for all assigned accounts and monitoring of aged items in accordance with assigned thresholds
• Research/follow up on all reconciling items for assigned accounts with strong root cause/action plans documented.
• Process improvement ideas for assigned accounts and implementation of small scope improvements
• Completion of month-end responsibilities including journal entry preparation and reconciliations in accordance with SYF standards
• Support of Governance initiatives including job aid preparation, updates, and testing
• Support adhoc reporting requests
• Other duties as assigned

Required Skills/Knowledge:

• Bachelor’s Degree in Accounting or Finance with 1-2 years of accounting experience or in lieu of a degree 3-4 years of accounting experience
• 1-2 years of GL/ Balance sheet reconciliation
• Excellent communication skills – both oral and written

Eligibility Criteria:

• Bachelor’s Degree in Accounting or Finance with 1-2 years of accounting experience or in lieu of a degree 3-4 years of accounting experience

Desired Characteristics:

• Excellent analytical and problem solving skills
• Software Skills (Excel, Word, PowerPoint)
• Excellent organization and follow up skills
• Ability to execute in a fluctuating environment
• Demonstrated commitment to quality and customer service
• Experience with reconciliation systems (Blackline)
• Experience with Treasury systems
• Experience with Oracle
• Prior banking experience

Work Timings: 4:00 PM to 1:00 AM IST 

This role qualifies for Enhanced Flexibility offered in Synchrony and will require the incumbent to be available between 06:00 AM Eastern Time – 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with Asia and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs). We are proud to offer flexibility at Synchrony. Our way of working allows you the option to work from home or workspaces in our Regional Engagement Hubs. Occasionally you may be required to commute or travel to Hub or one of the Regional Engagement Hubs for in person engagement activities such as business or team meetings, trainings, and culture events.

For Internal Applicants:  

• Understand the criteria or mandatory skills required for the role, before applying
• Inform your manager and HRM before applying for any role on Workday
• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)
• Must not be any corrective action plan (First Formal/Final Formal, LPP)
• L4 to L6 Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.
• L04+ Employees can apply

Grade/Level: 07

Job Family Group:

Finance