Specialist - Finance Control

Posted 11 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu
5-7 Years Experience
HR Tech • Payments • Software • Financial Services
The Role
Specialist in Finance Control responsible for month end activities, revenue accounting, cost accounting, P&L analytics, and managing audit requests. Requires 5+ years of experience in financial accountancy and knowledge of Workday and IFRS 15. Self-starter with excellent interpersonal communication skills.
Summary Generated by Built In

Management Level

G

Business Division: FSS

Business Function / Department: Finance Control

Job Title: Specialist - Finance Control

Reporting to (Job Title): Senior Manager - Finance Control UK

Date: 04 Sept 2024

Equiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries.

EQ India began its operations in 2014 as a Global India Captive Centre for Equiniti, a leading fintech company specialising in shareholder management. Within a decade, EQ India strengthened its operations and transformed from being a capability centre to a Global Competency Centre, to support EQ's growth story worldwide.

Capitalising on India’s strong reputation as a global talent hub for IT / ITES, EQ India has structured the organisation to be a part of this growth story. Today, EQ India has evolved as an indispensable part of EQ Group providing critical fintech services to the US and UK.

EQ’s vision is to be the leading global share registrar, offering complementary services to its client base and our values set the core foundations to our success. We are TRUSTED to deliver on our commitments, COMMERCIAL in building long term value, COLLABORATIVE in our approach and we IMPROVE by continually enhancing our skills and services. There has never been a better time to join EQ.

Core Duties/Responsibilities

The successful candidate will be responsible for the following:

  • Performing month end activities, challenging assumptions and judgements and confirming numbers are ready for monthly reporting.
  • Revenue accounting
  • Prepare income accrual schedules and journals.
  • Partnering with FBPs to understand revenue profile of new contracts.
  • Applying IFRS 15 to commercial finance models.
  • Reviewing contracts (reviewing by FR team)
  • Cost accounting
  • Partnering with Group functions
  • Review completeness of accruals and timings
  • P&L analytics
  • Ensure that transactions are recorded in accordance with Workday FDM.
  • Prepare and approve balance reconciliations to support month end balances.
  • Review monthly trial balance to understand variances to prior periods and internal expectations.
  • Ensure that required adjustments are dealt with in a timely manner.
  • Work to improvement processes so that correct data is captured at source.
  • Checking the accuracy and completeness of transactions being reviewed on a continuous basis and highlighting any issues for improvement to process/ supplier transactions.
  • Provide information to RTR team to process accounting journals.
  • Work with finance business partners to understand changes (anticipation of issues – resolved timely)
  • Drive continuous accounting.
  • Manage audit requests.

The successful candidate will demonstrate the following experience skills and behaviours:

EDUCATION/QUALIFICATIONS

  • University Qualified and CA/CMA Intermediate or CA/CMA Qualified.
  • Financial accountancy experience including UK & US GAAP within multi-national organisation will be an advantage.
  • Self-starter with excellent interpersonal communication and problem-solving skills.

EXPERIENCE & SKILLS

  • Overall 5+ years of experience, preferably in general accounting.
  • Prior experience of working in an off shored Finance SSC.
  • Proven experience in a corporate finance or accounting environment.
  • Knowledge of Workday an advantage.
  • Strong knowledge of accounting principles and financial reporting standards (UK & US GAAP/IFRS),
  • Proficiency in financial analysis, including the ability to interpret financial statements, identify trends, and conduct variance analysis.
  • Advanced skills in Microsoft Excel and other financial software applications.
  • Excellent attention to detail and ability to work with large volumes of data accurately.
  • Strong analytical and problem-solving skills, with the ability to think critically and provide insights.
  • Effective communication skills, both written and verbal, with the ability to present complex financial information to non-financial stakeholders.
  • Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
  • Knowledge of ERP systems (e.g., Workday)

Benefits:

Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:

  • 3 days of additional leaves on & above statutory requirement along with 2 days of voluntary leaves to pursue the CSR initiatives
  • Business related certification expense reimbursement
  • Comprehensive Medical Assurance coverage for dependents & Parents
  • Cab transport for staff working in UK & US shift
  • Accidental & Life cover 3 times of concerned CTC

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships. Please note any offer of employment is subject to satisfactory pre-employment screening checks.

Top Skills

Workday
The Company
Birmingham
4,092 Employees
On-site Workplace

What We Do

Our people and platforms engage customers with investments, connect businesses with markets, and enable organisations to grow.

Our vision is to be a leading global share registrar and transfer agent, offering complementary services in pensions and remediation, to help our customers succeed.

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