Job description
Job Title: BSO Experienced Associate Job Designation: Experienced Associate Location:Gurugram Department:BSO team Job Type: Full Time Experience Level: 1 4 Years About BDO EDGE: BDO EDGE India Private Limited is an entity, based in India created through a strategic partnership among BDO member firms in India, the United States, the United Kingdom, and Germany It operates independently within the BDO network of accounting and advisory firms, enhancing their combined capabilities and resources BDO EDGE (Exceptional Delivery for Global Enterprises) delivers tax, assurance, accounting, outsourcing,advisory, and technology driven services through highly skilled professionals in India to BDO network firms,their alliance programmes and any other certified public accounting firms (CPA firms) Position Overview: BDO is seeking an F&A Operations executive to lead and manage F&A service delivery operations for identified BSO engagements at BDO EDGE The BSO executive manages the full life cycle of all assigned finance and accounting outsource engagements Responsibilities include proposal development, staff assignment and oversight, final work product review and overall portfolio performance The successful candidate will lead by example, multi task and delegate work responsibilities effectively, work efficiently under pressure, meet all deadlines and be a strong team player Job description:
- Executes the full-life cycle of all assigned engagements by providing technical expertise in all areas within the finance and accounting function. Performs complete general ledger reconciliation including the entire balance sheet and applies accounting knowledge by properly recording transactions in a general ledger; creates accounting records such as bill payments, client invoices, payroll, and others; identifies and records adjustments; produces accurate financial statements and provides financial analysis
- Execution of month end and year end close for both US GAAP, IFRS & Local GAAP, including accruals, prepayment amortization, deposits, inter-company charge back, audit adjustment and miscellaneous journal entries, Tracking Fixed asset ledger.
- Verification of all day-to-day transactions of sales, payment, purchase orders etc.
- Preparation and posting of Standard, Non-standard, recurring JEs.
- Align the process as applicable, preparing various Balance sheet Reconciliation, Fixed asset Reconciliation. Identifying reconciled items and their clearance.
- Able to help with documentation required by Internal and External Auditor.
- Able to provide training for work responsibility to new team members.
- Communicates effectively with client.
- Able to understand when issues are raised by Associates in the team/client and have mindset of researching, analyzing and resolving it in a timely manner working around the establishment TATs (turnaround times).
- Understanding process and documenting them as detailed SOPs (Standard operating Procedures) as and when required
- A team player with Strong analytical and basic research skills.
- Ensures compliance to Firm and engagement policies and procedures.
Requirements
- Overall experience of 4 years in Business Service Outsourcing for Graduates/Postgraduates/ Semi-qualified.
- 1-3 years of experience for MBA/ACCA/CPA or 1 year for CA qualified
- Experience working in an outsourced operations environment required.
- Demonstrated understanding of US GAAP, IFRS and financial statement preparation.
- Proven ability to lead a team in a deadline-driven environment and handle multiple projects simultaneously, while focusing on productivity, quality and customer satisfaction.
- Month end close management experience required. Software: •Proficiency with Microsoft Office Suite (Outlook, Excel, Word, PowerPoint, SharePoint, Teams, OneDrive). •Proficiency working with pdf documents.
- Demonstrated experience performing accounting functions in applications such as Quickbooks Online, Sage Intacct, Alteryx (or other AI analytics platform), Microsoft NAV and Bill.com, preferred or Netsuite Benefits Why Join Us? Opportunity to work with a high profile client portfolio Leadership and career advancement opportunities Continuous learning and professional development Collaborative and growth oriented work environment