Lead Analyst - Accounting
Responsibilities:
Job title: Lead Analyst (T4)Indicative years of experience: 7-8 years
Role Description:
This role is part of the Reconciliation Validation team, which provides accounting support and solutions to Principal Financial Group. The team primarily handles Balance Sheet Reconciliations and Income Statement validations. The ideal candidate should be able to work independently and possesses strong analytical skills, able to troubleshoot, research, and resolve issues effectively.Excellent written and oral communication skills are essential. The candidate should also be able to handle internal customer interactions professionally, demonstrating good interpersonal and customer service skills. Strong organizational and problem-solving abilities, proficiency in Excel and other relevant technologies, and a mindset focused on process improvement are required.
The Lead Analyst will be a member of the Reconciliation Validation team, responsible for reconciling financial transactions and reporting. Should have a strong understanding of various accounting processes, including Accounts Payable, Accounts Receivable, General Ledger & Journals support, Reporting, Tax, Control, and Compliance.
Key Responsibilities:
- Assist and supervise other team members and keep track of day-to-day deliverables.
- Take lead is troubleshooting and resolving day to day issues.
- Automation & Continuous Improvement mindset.
- Reconcile general ledgers Balance sheet accounts. Understand / Analyze journal entries for various transactions.
- Strong analytical and problem-solving skills. Attention to detail & accuracy.
- Prepare reports and conduct variance analysis of financial statements & Prepare schedules related to financial statements.
- Expertise in Microsoft Excel.
- Experience with accounting software and ERP systems.
- Team player with the ability to learn and work collaboratively.
- Record and maintain processes related to Accounts Receivable and Payables.
- Process invoices for various vendors and perform reconciliations.
- Update transaction details in databases/applications.
Skill Set:
- Excellent communication and interpersonal skills.
- Expertise knowledge of the accounting cycle and fundamentals.
- Ability to learn and grasp new business processes.
- Working knowledge of AP/AR/GL functions.
- Basic understanding of booking and payment of invoices.
- Ability to perform account reconciliations.
- Ability to use accounting applications and software to analyze transactions and extract reports.
Qualifications:
- 6 years of relevant work experience in Finance/Accounts function, preferably in an offshore set-up with Commerce graduation/post-graduation or CA/ICWA Intermediate
Additional Information:
Competencies- Make sound business decision
- Embrace Change
- Build strong Partnership
- Get results
- Act Strategically