Organizational Overview
Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers general accounting, client accounting, reconciliations, closing & reporting, system maintenance, governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.
Role Summary/Purpose
- Perform daily client funding and ensure that all clients are funded timely and accurately.
- Perform daily and monthly account reconciliations for Client Settlement financial activity in accordance with GAAP and SYF accounting policies.
- Perform ad hoc tasks as requested, including but not limited to Audit request, SOX requests, testing of new processes, and updating procedure manuals.
Essential Responsibilities
- Prepare journal entries and ensure timeliness and accuracy.
- Handle issue resolutions for internal and external clients.
- Responsible for non-funding client settlement activities including merchant adjustments, cardholder research, suspense clearing, etc.
- Raise wire requests for off cycle payments to merchants, tax jurisdictions, etc.
- Responsible for performing monthly analytical review of Settlement General ledger accounts
- Perform account reconciliations to ensure accuracy of account balances and timely clearing of reconciling items
- Provide support during audits
- Responsible for maintaining a thorough understanding of the business process, including transaction flow, key systems, and all sources which impact general ledger accounts
- Create and present weekly / monthly dashboards for management review
- Incorporate business policy changes into existing processes and update documentation (job aids and training documents) as needed.
- Identify & implement process improvements and simplification opportunities.
- Perform other duties and participate in special projects as required.
Qualifications/Requirements
- Bachelor's degree in Accounting or Finance with 1+ years experience in accounting or in lieu of a degree with 3+ years of accounting experience
- Preparing journal entries, reconciliations and month - end accounting activities.
Desired Characteristics
- Excellent analytical, problem solving, organizational and follow up skills
- Demonstrated interpersonal and relationship building
- Ability to execute in a fast changing environment
- Demonstrated commitment to quality and customer service
- Excellent communication skills both oral and written
- PC proficiency with all Microsoft Office applications required
- Experience with settlement systems such as MBS, CMOD, Trams, SNSS a plus
- Experience on FDR
- Experience with existing financial system a plus (Blackline, Oracle, etc.)
Eligibility Criteria
Bachelor's degree in accounting or Finance with 1+ years of accounting experience or in lieu of a degree 3+ years of accounting experience.
Work Timings: 5:00 PM - 2:00 AM PHT
For Internal Applicants
- Understand the criteria or mandatory skills required for the role, before applying
- Inform your manager and HRM before applying for any role on Workday
- Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)
- Must not be any corrective action plan (Formal/Final Formal) or PIP
- L4 to L7 Employees who have completed 12 months in the organization and 12 months in their current role and level are only eligible.
- L8 Employees who have completed 18 months in the organization and 12 months in their current role and level are only eligible.
- L4+ Employees can apply
Grade/Level: 08
Job Family Group
Finance
