About this role
Job Summary:
Supports account reconciliation and analysis, journal entry preparation and data entry. Supports the month-end close process. Performs activities under moderate supervision.
Key Responsibilities:
Compiles, consolidates and conducts basic analysis of accounting and finance information.
Prepares basic journal entries.
Performs monthly and annual account reconciliations.
Assists with preparation of tables, charts and other exhibits for reports.
May perform less complex accounting projects or participate as a team member on more complex projects.
Performs ad hoc reporting requests as needed.
Will be undertaking Forex activities - computation of net exposure including obtaining Forecast from different business unit, Preparations of hedging underlying based on net exposure. Submission of related documentation with banks, preparation on UFCE exposure and submitting with bank on quarterly basis. Accounting of MTM impact and allocation the resultant FX impact between business units of the same LE. Submission of Forecast data for exposure & royalty and other applicable remittances to overseas entities. Also analyzing the Forex impact for all LE on monthly basis and preparing the explanation for board on quarterly basis. Reviewing forex transaction and suggesting BU to follow the steps in order to need FEMA guidelines. Tracking FX contract, its utilization, rollover, communication with CBS for utilizing import contract. Review FCY balances, Netting collections, timely conversions of EEFC amounts.