- Location
- Bengaluru, BDC7A, India
- Type
- Full-time
- Department
- Operations
- Seniority
- Mid
- Source
- Workday
Description
Skill required: Asset Management - Accounting & Financial Reporting Standards
Designation: Capital Markets Operations Analyst
Qualifications:Any Graduation
Years of Experience:3 to 5 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? • Execute day-to-day Controllership activity to the agreed quality and turnaround standards. • Support knowledge transfer across the Controllership process and its supporting systems. • Ensure day-to-day activity complies with Client guidelines and that required records are maintained. • Act as first point of contact for the team on process queries, and as back-up to the Team Lead. • Experience of multi-entity consolidation and intercompany elimination. • Exposure to multi-jurisdiction statutory reporting and local GAAP frameworks (for example UK GAAP, HGB or Lux GAAP). • Working understanding of private markets fund structures, GP and carry vehicles, and capital account mechanics.
What are we looking for? • Bachelor s or Master s degree in Commerce, Finance or Accounting. • Working knowledge of accounting and Corporate Finance, Finance Operations cycles, in particular period-end close, reconciliations and financial reporting. • Experience of any major ERP or finance platform (for example SAP, Oracle, NetSuite or Workday); the underlying process is comparable across platforms. • Proficiency in MS Office (Excel, Outlook, Word). • Excellent communication skills, verbal and written. • Strong interpersonal and problem-solving abilities. • Customer-oriented mindset with empathy and patience. • Analytical thinking and attention to detail. • Ability to multitask and manage time efficiently. • Willingness to learn a new finance platform; training will be provided. • Understanding of revenue recognition principles (ASC 606, IFRS 15) in an asset management context. • Discretion and strict confidentiality in handling payroll and compensation data. • Exposure to Workday Financial Management, on which the client processes run. • Familiarity with the Workday Business Process Framework and worktags, or the equivalent concepts in another ERP
Roles and Responsibilities: • Revenue- • Perform the three-way reconciliation of revenue accrual to invoices issued and cash received, and prepare it for Client review and approval. • Prepare inter-entity elimination entries for management fees and service fees charged between affiliated entities, applying the Client-approved consolidation policy. • Prepare the draft revenue section of the monthly management accounts pack for Client review and approval. • Compensation- • Run payroll and apply federal and state tax withholding, social security and benefit deductions strictly in accordance with Client-approved instructions and rates. • Book employer 401(k) match, health benefit costs and other employer contributions in accordance with Client-approved instructions. • Prepare and post the year-end bonus accrual, deferred compensation entries and carry distribution entries strictly to the amounts approved by Client. • GP (General Partner) • Maintain individual GP and principal capital accounts within the carry vehicle, in accordance with the allocation schedules and governing documents approved by Client. • Track GP commitment funded amounts, unfunded balances and subsequent-close top-ups using Client-provided data, and report findings for Client review. • Account for GP positions separately from the fund, tracking cost, income and fair market value in accordance with Client-approved accounting policy. • Prepare the draft management company income statement, and the draft annual GP entity financial statements and board-level financial summary, for Client review and approval. • Corporate- • Consolidate the management company entities into group management accounts, applying the Client-approved consolidation policy and group chart of accounts. • Record intercompany transactions and prepare elimination entries so that all intercompany balances are eliminated on consolidation. • Maintain the fixed asset register, calculate and book depreciation, and account forAny Graduation
Designation: Capital Markets Operations Analyst
Qualifications:Any Graduation
Years of Experience:3 to 5 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? • Execute day-to-day Controllership activity to the agreed quality and turnaround standards. • Support knowledge transfer across the Controllership process and its supporting systems. • Ensure day-to-day activity complies with Client guidelines and that required records are maintained. • Act as first point of contact for the team on process queries, and as back-up to the Team Lead. • Experience of multi-entity consolidation and intercompany elimination. • Exposure to multi-jurisdiction statutory reporting and local GAAP frameworks (for example UK GAAP, HGB or Lux GAAP). • Working understanding of private markets fund structures, GP and carry vehicles, and capital account mechanics.
What are we looking for? • Bachelor s or Master s degree in Commerce, Finance or Accounting. • Working knowledge of accounting and Corporate Finance, Finance Operations cycles, in particular period-end close, reconciliations and financial reporting. • Experience of any major ERP or finance platform (for example SAP, Oracle, NetSuite or Workday); the underlying process is comparable across platforms. • Proficiency in MS Office (Excel, Outlook, Word). • Excellent communication skills, verbal and written. • Strong interpersonal and problem-solving abilities. • Customer-oriented mindset with empathy and patience. • Analytical thinking and attention to detail. • Ability to multitask and manage time efficiently. • Willingness to learn a new finance platform; training will be provided. • Understanding of revenue recognition principles (ASC 606, IFRS 15) in an asset management context. • Discretion and strict confidentiality in handling payroll and compensation data. • Exposure to Workday Financial Management, on which the client processes run. • Familiarity with the Workday Business Process Framework and worktags, or the equivalent concepts in another ERP
Roles and Responsibilities: • Revenue- • Perform the three-way reconciliation of revenue accrual to invoices issued and cash received, and prepare it for Client review and approval. • Prepare inter-entity elimination entries for management fees and service fees charged between affiliated entities, applying the Client-approved consolidation policy. • Prepare the draft revenue section of the monthly management accounts pack for Client review and approval. • Compensation- • Run payroll and apply federal and state tax withholding, social security and benefit deductions strictly in accordance with Client-approved instructions and rates. • Book employer 401(k) match, health benefit costs and other employer contributions in accordance with Client-approved instructions. • Prepare and post the year-end bonus accrual, deferred compensation entries and carry distribution entries strictly to the amounts approved by Client. • GP (General Partner) • Maintain individual GP and principal capital accounts within the carry vehicle, in accordance with the allocation schedules and governing documents approved by Client. • Track GP commitment funded amounts, unfunded balances and subsequent-close top-ups using Client-provided data, and report findings for Client review. • Account for GP positions separately from the fund, tracking cost, income and fair market value in accordance with Client-approved accounting policy. • Prepare the draft management company income statement, and the draft annual GP entity financial statements and board-level financial summary, for Client review and approval. • Corporate- • Consolidate the management company entities into group management accounts, applying the Client-approved consolidation policy and group chart of accounts. • Record intercompany transactions and prepare elimination entries so that all intercompany balances are eliminated on consolidation. • Maintain the fixed asset register, calculate and book depreciation, and account forAny Graduation
About Accenture
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.Visit us at www.accenture.com
Equal Employment Opportunity Statement
We believe that no one should be discriminated against because of their differences. All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, military veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by applicable law. Our rich diversity makes us more innovative, more competitive, and more creative, which helps us better serve our clients and our communities.
Skills
OracleExcelSAPNetSuiteWorkdayGAAPIFRSERP