R2r Associate Accountant
3 weeks ago
Role Purpose:
This position is based in MAF Global Solutions (GS). GS is responsible for all the transactional accounting operations of the entities incl. preparation of Financial Statements. The above position will be responsible for delivery of assigned GL processes, journal entries, BSRs, books closing, and variance reviews.
Role Details - Key Responsibilities and Accountabilities:
- Responsible to manage assigned day-to-day operational activities of assigned books
- Prepare monthly BSRs of assigned books/accounts while clearing reconciling items in line with company policy
- Ensure intercompany transactions including all inter-company and intra-company loan transaction, interest calculation, etc. are recorded timely and are completed in accordance with the monthly close calendar
- Responsible to balance assigned inter-company accounts in an effective way
- Review staff Travel and Expense (T&E) reimbursement claims are in agreement with company policy
- Responsible for monthly book closing activities as assigned
- Perform accruals, maintain supporting statements and workings for all accruals
- Monitor, manage and resolve customer queries/complaints within agreed SLAs, escalate to Supervisor where necessary
- Post ledger entries during the period and submit the same for review by the BU Finance
- Pass appropriate ledger rectification entries as suggested by the BU Finance based on their review
- Make cost allocation entries based on allocation parameters as defined by the BU Finance and issue relevant Debit Credit Notes and send them to the respective stakeholders
- Ensure timely posting of all Debit/Credit Notes
- Receive, review and complete book keeping for accounting entries related to recurring / non-recurring expenses based on inputs from BU Finance
- Review and make accounting entries for the inter-company sale and purchase of goods and services as advised by the BU Finance
- Reconcile and resolve differences in inter-company balances appearing in the various books of accounts
- Advise internal teams to book such payouts / receipts for inter-company settlement and review the same with the counterparts in such inter-companies
- Provide accounting and documentary support to external accounting partners for other entities as and when necessary
- Submit recons prepared in FSSC for BU Finance approval and timely pass rectification entries as suggested
- Prepare and pass accounting entries for the Cost of Goods Sold (COGS) and BRS
- Review the accrual of expenses and pass appropriate accounting entries based on confirmation and review of BU Finance
- Confirm the various inter-company balances with the counterparts and ensure reconciliation on a regular basis
- Run integrity reports and confirm period end book closure to the various teams on a timely basis
- Support the BU Finance in making appropriate entries for consolidation and elimination entries during period end closure
- Support internal/external audits
- Support necessary AP/AR activities
- Support and drive continuous process improvement
- Ad hoc operational duties & responsibilities as and when required
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