General Accounting Supervisor at Omnicom, Mumbai
General Accounting Supervisor at Omnicom in Mumbai. Apply with swipeandhired.
Position Summary:
The Senior Associate is responsible for performing activities related to Accounting (General, Intercompany, Fixed Assets), Cash Management and Master Data Management function and overseeing transactions performed by Associates, which services a number of advertising agencies.
Key Responsibilities:
General and IC Accounting
- Review & Post manual Journal Entries before posting in Vantage
- Review recurring expense accruals calculations
- Update exchange rates and foreign currency revaluation
- Review and support in reconciliation of Intercompany balances
- Review adjustment entries and resolve discrepancies related to Intercompany accounting
- Maintain the integrity of the General Ledger, including compliance with OMC accounting processes in accordance with US GAAP and group policies
Master Data Management
- Review request related to creation & maintenance of Chart of Accounts, Company codes, Cost centres, Vendor Master Data, Client master data as per requests received from Agency Local Finance and processed as per agreed guidelines
Treasury & Cash Management
- Review “Cash and Debt Database” schedule
- Prepare monthly cash forecasts for OMCs SSC
- Review bank account reconciliation and follow up with applicable stakeholders where any anomalies are found
Fixed Assets (FA) Accounting
- Review maintenance of FA inventory (FA register)
- Review calculations of asset depreciation
- Review request for FA maintenance and disposal
Other R2R related Responsibilities
- Resolve Agency Local Finance queries within defined timelines
- Assist client and external audit process when necessary
- Supervising activities within process
- Assisting Team Leads in productivity and work load management for their respective areas
- Supporting TLs in Leave and Attendance management for their respective areas
- Cross training activities
- Act as Subject matter experts within the team
Knowledge and Experience
- Essential:
- 6+ years of work experience in a similar role
- Experience in Advertising industry preferred
- Minimum Education Qualification – Graduation; Preferred Qualification – Chartered Accountant
- Good knowledge of concepts and procedures related to GL accounting, Treasury & Cash management and Master Data Management
- Ability to provide high level of customer service
- Strong written and oral communications skills in English
- Strong problem solving and organizational skills
- Experience with, and competence in using, integrated ERP software (SAP would be a distinct advantage)
- Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
- Experience in SAP
A distinct advantage:
- Experience working in a Shared Services Centre focused on Finance & Accounting activities
- Experience in document imaging software like SharePoint
- Experience in managing people and processes through a sustained period of change