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Intermediate Representative, Accounting

BNY Mellon
Pune, India
Closing date
Mar 1, 2024

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Job Function
Portfolio Management: Alternatives
Industry Sector
Finance - General
Employment Type
Full Time
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
We're seeking a future team member for the role of Intermediate Representative, Accounting to join our Global Finance CoE team. This role is in Chennai with Flex work arrangement.
In this role, you'll make an impact in the following ways by being,
  • Responsible for performing the day- to-day general ledger accounting and analysis for assigned functional areas.
  • Responsible for month-end, quarter-end and year-end close for assigned functional areas:
  • Knowledge in Accrual & Prepaid concept and Golden rules.
  • Knowledge and experience in Month end close, provision and reserve, FX calculation and revaluation.
  • Prepare/post journal entries for complex or routine business. transactions and inter-company transactions.
  • Knowledge in Journal entries process for prepaid amortization, accruals.
  • Knowledge in journal entries Intercompany transaction using with Affiliates.
  • Assist with the month end close, quarter-end close and the year-end close activities.
  • Knowledge in preparing general ledger balance sheet account reconciliations (Medium and High Complexity) to meet the corporate standard/ GL Reconciliation policy requirements and internal operating procedures.
  • Knowledge in Identification of R items (Required Adjustments) and ageing of reconciling & outstanding items.
  • Understanding of application of some key GAAPS and the companies' policies and in case of issues timely escalation to TL.
  • Proactively work with the onshore teams for timely clearance, resolution of reconciliation variance & aged outstanding items.
  • Ensure that all items of concerns or those past the business standards have been escalated to the management.
  • Act as a Subject Matter Expert in the assigned area of responsibility within the reconciliation process
In this role, you are expected to possess the following skill sets:
  • Experience in Banking, Financial Services, and Insurance (BFSI) and Investment Management, Investment services.
  • Ability to adapt quickly and learn new tasks independently.
  • Strong research and analysis skills.
  • Good understanding in Accounting Concepts
  • Working experience in accounting processes, procedure and internal controls and audit.
  • Routine communication with Supervisors relating to financial close, issues and deliverables however working independently and less supervision.
  • Multi-tasking and working under tight deadlines are required.
  • Awareness around Information Security and protection is required.
  • Ability to work under pressure and meet the agreed targets and deadline.
  • Experience in working with multiple stakeholders.
  • Ability to generate bold, creative ideas to improve performance.
To be successful in this role, we're seeking the following:
  • 2 to 4 years' experience in Record to Report (R2R)
  • Qualification - B. Com with 3+ years / M. Com/ MBA with 2+ years / CWA-Inter/ CA-Inter with 1+ year experience.
  • Preferable having knowledge on ERP (PeopleSoft/Oracle and SAP) and Blackline reconciliations.
  • Good communication skills
  • Work independently and under less supervision.
  • Preparation of process documentations
  • Experience in Client handling (preferably Overseas Clients)
  • Basic knowledge about Sarbanes Oxley (SOX) compliance and Segregation of Duties' (SOD).
  • Basic understanding and knowledge on internal controls and audit.
  • Basic 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.
  • Basic understanding of various Sub system modules and how this impacts the General ledger.
At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
  • Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg's Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion , Disability: IN - 100% score
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP's Climate Change 'A List'
Our Benefits:
BNY Mellon 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 that can support you and your family through moments that matter.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark:

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