POSITION SUMMARY: The Team Lead manages staff and senior accountants; and provides reliable, timely and accurate financial data compilation by reviewing and reconciling all accounts and performing efficient, accurate month-end
closes.
DUTIES AND RESPONSIBILITIES:- Will handle various Settlement portfolios/markets and responsible for managing and maintaining set of books and responsible for reviewing and assisting the team in resolving variances through regular review of accounts and will serve as first point of contact for any escalation of settlement issues.
- Responsible for the work allocation of staff and adherence to metrics like accuracy, completeness and timely submission of reports including but not limited to compliance to daily reconciliation of accounts and quality review of output prepared by Senior and Staff Accountant
- Mitigate risk by timely researching and escalating variances and by coaching staff through issue resolution.
- Assist with month end closing process including timely and accurate preparation of journal entries and account schedules.
- Prepare/Upload or review journal entries, including but not limited to correcting entries, allocating expenditures, accruals, and other journal adjustments
- Perform and maintain balance sheet account reconciliations with an in-depth analysis.
- Prepare and present monthly financial statement results and report on variances to the Accounting and Finance management team.
- Assist in quarter, mid-year and year-end audits.
- Ensure all financial information is recorded in accordance with GAAP and consistent with established company policy and procedures
- Act as liaison with other departments and external parties concerning accounting information of subsidiary and other assigned areas.
- Regularly interact with all Accounting, treasury and other internal department (i.e. Research, Collections, etc..) affecting Settlement Operations
- Ensure adherence to control activity and other internal control requirements by Sarbanes Oxley
- Analyze and document department processes and procedures and recommend improvements as needed.
- Participate in special projects as needed.
- Other duties as assigned by Manager or Controller
QUALIFICATIONS/COMPETENCIES:
- Analytical and Detailed Oriented
- People Skills
- Proficient in Access
- Ability to multi-task and prioritize work
- Able to process documentation
- With knowledge in Process Migration or project management
EDUCATIONAL/EXPERIENCE REQUIREMENTS:
- Bachelors Degree in Accounting plus 3 or more years of accounting experience
- CPA Certification
- Nice to have Credit Card Processing or Bankcard Industry experience
- Shared service environment or BPO experience preferred
- Some management /Supervisory experience preferred
- Reconciliation tool exposure Oracle or any major ERP training or any G
- Sound knowledge on Microsoft Excel
