Associate, Accounting Representative I
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role ofAssociate, Accounting Representative I to join our Finance team. This role is located in Chennai, TN –HYBRID.
In this role, you'll make an impact in the following ways:
Responsible for managing the Intercompany activities- IC Billing, Settlements and Reconciliations and assist onshore teams for Monthly/ Quarter close
Prepare/post journal entries for complex or routine business. transactions and inter-company transactions
Good knowledge and expertise in preparing general ledger balance sheet account reconciliations
Proactively work with the onshore teams for timely clearance, resolution of reconciliation variance & aged outstanding items.
Excellent knowledge and expertise in reviewing the Journal entries and ensure the substantiation supporting documents attached to journal entry before approving the journal entry.
Support the FPO/ Operation Manager in various projects undertaken within the Intercompany Close and Consolidation group
To be successful in this role, we're seeking the following:
4 to 6 year experience in Record to Report (R2R)
Qualification - B.Com with 4+ years / M.Com/ MBA with 2+ years /CWA-Inter/ CA-Inter with 1+year of experience.
Preferable having knowledge on ERP (Oracle) and Blackline reconciliations.
Good communication skills
Work independently and under less supervision
Experience in Client handling (preferably Overseas Clients)
Must have handled transitions either remote or in person
Good understanding about some of the critical words used in the industry like Key Performance Indicators (KPI), Service level agreement (SLA), Continuous Process improvement (CPI), preparation of metrics like dashboard, error register and issue log.
Good understanding of various Sub system modules and how this impacts the General ledger
At BNY, our culture speaks for itself. Here's a few of our awards:
America's Most Innovative Companies, Fortune, 2024
World's Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
"Most Just Companies", Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.