Assistant Manager - Cost Accounting Accrual Management

Job description

**Role & responsibilities** The Jobholder is responsible for the timely and accurate reporting in financial accounting systems, production of the monthly expenses accounting including preparation of standard and ad hoc reports, calculation of intercompany charges/billing, responding to audit queries and coordinating with various teams to ensure proper completion of monthly deliverable. All local accounting is performed in accordance with relevant and applicable instructions, requirements within the deadlines set forth, with complete audit trail to follow. **Direct Responsibilities:** **Accounting Functions** - Prepare and book closing entries (daily / monthly) in accounting and financial systems for accruals, prepayments, intercompany, rent deferrals, asset capitalization/retrial or write-off, etc., as necessary. - Perform month-end financial closing for his / her entities - Perform reconciliation between Accounting system and Financial ledger to substantiate balances and breaks solving - Participate in the intercompany process: - Calculation billing charges to other BNP Paribas entities - Coordination with other region's Finance Expense teams and Tax team to ensure they are performing their respective intercompany closes and maintaining their respective algorithms. - Suggest updating to Counter-party service level agreements (SLAs) in liaison with Tax team - On a timely basis, provide complete and accurate financial data to the Reporting Team for report production - Provide assistance in responding to questions / requests for information to auditors, regulators - Escalating problems / issues to the team manager - Providing quality service to other groups **Contributing Responsibilities** - Projects, Systems Support, Operational Process Improvements - Assist in identifying process improvements in production, control procedures, and workflow organization to increase the teams efficiency and effectiveness. - Participate in the upgrades / version releases of respective reporting tools, as well as system amendments / enhancements required to facilitate new / modified reporting requirements. In connection with this effort, assist in user acceptance testing and trouble-shooting after deployment. - Help document operational process improvements in production, control procedures, and workflow organization to support team’s efficiency and effectiveness initiatives. Also, assist in integrating and streamlining the reporting under the team’s responsibility. - Provide cross-training to colleagues and perform specific duties as assigned (e.g. coverage for colleagues)