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.
Required Skills/Knowledge:
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 Skills/Knowledge:
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' experience in accounting or in lieu of a degree with 3+ years of accounting experience
Work Timings: 3 PM - 12 AM IST
We are proud to offer flexibility at Synchrony. Our way of working allows you the option to work from home or workspaces in our Regional Engagement Hubs-Hyderabad, Bengaluru, Pune, Kolkata, or Delhi/NCR.
Occasionally you may be required to commute or travel to Hyderabad or one of the Regional Engagement Hubs for in person engagement activities such as business or team meetings, trainings, and culture events.
For Internal Applicants :
Understand the criteria or mandatory skills required for the role before apply
Benefits
Health insuranceFlexible schedule
Additional Information
Job Description:
Role Title: Manager Controllership (L08)
Company Overview:
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.
We have recently been ranked #2 among India's Best Companies to Work for by Great Place to Work. We were among the Top 50 India's Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.
We provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.
We provide career advancement and upskilling opportunities for all to take up leadership roles.
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.
Synchrony · Hyderabad, IN