Vacancy For Bachelor’s/CA/CPA - INTER As Sr. Financial Analyst - LEC With Silicon Valley Bank At Bangalore

Company: Silicon Valley Bank
Website: www.svb.com
Location: Bengaluru/Bangalore

Required Skills: Bachelor’s/CA/CPA - INTER , Sr. Financial Analyst - LEC
Required Exp: Fresher
Address: Bangalore
Category: CA Jobs

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Sr. Financial Analyst - LEC - India - (8381)

Job Description

Performs assigned activities required to support Accounting Operations. Works under limited supervision and has expanded skill set that is applied to the essential functions. Utilizes knowledge/resources to resolve moderate to complex issues, escalates complex non-routine problems. General operations functions may include, but are not limited to:

General Ledger Processing

Prepare and post GL monthly journal entries with detailed supporting documentation to provide a clear audit trail within agreed timelines (for multiple international legal entities and consolidated group)
Posting journals pertaining to cost allocations, intercompany transactions
Run preliminary trial balance and trending reports and perform variance analysis to identify any anomalies in accordance with policy and guidelines at SVB
Ensure accuracy and completeness of documents processed
Interact with other teams for open items/ issues arising out of book closure activities

Reconciliations

Reconcile balance sheet accounts for assigned accounts and generate reconciliation/ certification report
Ensure reconciliations of sub ledgers in accordance with procedure and month end close calendar.
Escalate variances to business for resolution and facilitate resolution of variances
Process authorized adjustments and/or write-offs received and authorized through the journal entry template

Reporting

Review prior period’s financial reporting process and data for a month-on-month data and commentary comparison and identify changes that need to be made to the reporting process
Update financial reporting with supplemental financial information received from business
Review financial data for the legal entities as per local accounting GAAP requirements
Perform GAAP adjustment as per local accounting standards
Validate quality of reports via data validation, trend analysis, variance analysis, etc., and escalate any identified information requiring business attention and / or resolution
Generate and distribute reports for review by business stakeholders and management
Respond to queries on reports and facilitate production of additional reporting information to business stakeholders and auditors
Supports ad-hoc analysis and reporting

Intercompany accounting:

Reconcile intercompany account balances and proactively resolve intercompany imbalances
Process intercompany settlements and wires

Controllership:

Ensure financial integrity of General Ledger data by performing control checks & follow ups as required in line with the reporting requirement as per local accounting standards
Identify risks and develop mitigation plans, ensuring financial controls are implemented
Review and prepare Intercompany Agreements or Contracts

Quality Assurance & SLA Compliance

Ensure high level of accuracy in General Ledger
Add to the knowledge management databases, particularly regarding resolution of issues
Adhere to period-end close SLAs
Participate in process improvement initiatives to increase efficiency in general accounting

Internal control and accounting compliance

Maintain documents relating to accounting compliance (SOX) and internal controls
Ensure compliance with accounting policy
Support Year end audit
Co-ordinate with external reporting team and provide necessary support & sign-offs

Operational Excellence