principal
Lead Analyst – Accounting
Job Description
Lead Analyst – Accounting
IN-MH-Pune
3 months ago(6/30/2023 4:26 AM)
- Requisition ID
2023-38847- Category
Accounting- Pos Typ
Regular Full-Time- Workplace Flexibility Option
In-Office few days a week and Work from Home
Responsibilities
One of the service offerings by RIS is providing support in setting up Employee Share Options Plan and consulting with related other aspects.
Trust accounting is the process of collecting financial activity for an ESOP over a period to understand the “big picture” of financial activity. The plan’s whole performance must be analyzed before the administration process can be broken down to a participant level. The team prepares formal unaudited statements for the ESOP trust including a balance sheet and income statement including allocation, pre-allocation reports/calculations. This work is performed for various institutional clients all throughout the year. Some clients provide their version of the trust reports but for majority of plans the team starts from scratch collecting the trust statements and client data and put together all the financials.
Key Responsibilities:
- Responsible for complete accounting ownership for designated institutional clients.
- Ability to read and understand financial statement with observations and findings with highest level of attention and accuracy.
- Work needs to be performed with limited/negligible supervision and requires using Accounting & Finance expertise.
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Need to carefully assess and calculate the distribution amount related to the participants as there is high volume and complexity of transactions involved.
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Monitoring and analysis of data for various participants and able to prepare unaudited financial statement and/or report.
- Ability to reconcile data with an auditor mindset.
- Work with other team members and trouble shoot ad-hoc issues
- Suggest process efficiency ideas.
Qualifications
- Accounting education background with graduation, post-graduation, CA/CMA Inter.
- 6-10 years of relevant experience as well as fundamental knowledge in reading financial statements, accounting, and internal audit would be considered.
Additional Information
Skill set:
- Expert understanding of accounting domain & financial concepts & terminologies.
- Excellent communication – both written and oral. Skills to handle internal customer interactions with good interpersonal skills.
- Strong problem solving and analytical skills;
- Strong technology skills, including Excel.
- Process improvement mind-set
- Ability to build/develop relationship and stakeholder management
- Ability to adjust and flexibility to work in shifts to ensure timely deliverables.
Shift timings:
- 16:30 – 01:30