Accounting Analyst Reconciliation

Job Title: Accounting Analyst – ReconciliationLocation: Remote Duration: 06 Months (Possibility of Extension)

Summary:

This position is a professional role that is responsible for providing solid payroll accounting and funding analytical subject matter expertise and consultation to clients. This position interacts with internal and external auditors, responds to technical inquiries and while ensuring appropriate controls are implemented to avoid audit exceptions for clients. The candidate is also responsible for leading project initiatives to resolve high risk escalations in consideration of the potential financial and legal impacts for the clients.

Delivery Key responsibilities:

• Reconcile general ledger accounts comparing the payroll activity against the general ledger
• Identify the need for reconciliation improvements and offer suggestions to facilitate the same
• Prepare bank reconciliations from comparison of payroll data vs. banking data leading to recognition of adjustments/actions needed to clear reconciling items
• Reconcile funding activity at company and employee level to verify proper third party payments
• Review Payroll to General Ledger interface error reports and defensive queries identifying proper reclassifications for payroll entries
• Understanding of journal voucher preparation and their effect to the general ledger
• Support Managers with client engagement ensuring all information is accurate and provided on time
• Provide support and guidance for all implementations and go lives
• Provide daily functional support to the teams, to support the successful delivery of General Ledger documents and files.
• Performs financial audits, analyses data, reconcile and balance payroll results, payroll postings and GL interface transmittals for all on and off cycle processing’s and adjustment runs
• Reviews all variances through investigation and resolution processes, completes root cause analysis as required, and recommends client intervention procedures and communicates variances
• Analyzes accounting compliance issues and determines financial impacts and risks to Strada/client financials/processes
• Facilitates appropriate resolutions based on those impacts, including system configuration changes
• Makes formal recommendations to the client regarding escalated issues and resolves client inquiries based on financial and legal compliance impacts and risks to Strada, Strada’s clients, and funding sources
• Analyzes internal processes, methods, and procedures to ensure appropriate audit controls are in place and being followed
• Responsible for the updating, maintaining, and enforcing of the Defined Work Instructions (DWIs)and other process documentation
• Responsible for the resolution of Technical/Functional issues escalated from the team and ensuring all system issues/defects are reported correctly and tickets are logged with the necessary details and evidence so Application Services and/or Products can investigate
• Contribute to team meetings and raise any issues immediately to your Operations Manager Serves as expert responder to all audit requests ensuring the accurate and timely responses
• Provides reconciliations of payroll related balance sheet accounts to clients as required.
• Communicates regularly with various payroll processing teams to resolve escalation issues and to share lessons learned to optimize service delivery
• Communicates with Clients and Vendors to resolve Accounting and Treasury related issues
• Working with Operational Management and Products to implement automation, innovation, and any continuous improvement programs
• Support Year End
• Ability to recognize and deal appropriately with sensitive and confidential information
• Proactively identify upsell opportunities
• Support Management with the resolution of client escalations, along with lessons learned
• Upskill and develop team members through training delivery and coaching to enable them to fulfil their role
• Time Recording to be completed on time and accurately
• Other duties, as assigned by your immediate supervisor and/or manager
• Build good relationships with all lines of businesses where appropriate
• Participates in projects and activities as needed and assigned

Professional Job Experience

• Payroll and financial reporting experience preferred
• Accounting experience is required
• 1 to 3 years’ experience using Workday or similar accounting systems
• Demonstrated ability to multitask and manage the workload of the team members for productivity, efficiency, and effectiveness
• Ability to focus on SLA attainment, goal setting, task prioritization and teamwork.
• Ability to make timely and complex recommendations using technology, accounting theory and methods
• Ability to communicate effectively with internal teams and clients using consensus when possible
• Ability to identify problems and systematically compile information and address root causes in partnership with internal departments and resources
• Ability to work under pressure and to meet deadlines and adhere to client driven, timetables.
• Ability to use MS Office suite and to advanced skills using Excel, Workday and related systems
• Ability to identify and mitigate risks
• Flexibility to support a global and fast paced environment
• Attention to detail
• Excellent written and verbal skills
• Self-motivated and a willingness to learn
• Ability to collaborate and work in a team environment, as well as independently while adhering to processes and procedures