Assistant Manager
Current*Aligned with the finance vertical of Allianz, primarily serving European clients with the preparation and reporting of the accounting function, ensuring that the relevant regulatory compliance (IFRS) is met. * Perform month-end close activities, including journal entries, accruals, and reconciliations.* Prepare financial statements and reports, including balance sheets and income statements.* Identify and implement process improvement opportunities to streamline the RTR… Show more *Aligned with the finance vertical of Allianz, primarily serving European clients with the preparation and reporting of the accounting function, ensuring that the relevant regulatory compliance (IFRS) is met. * Perform month-end close activities, including journal entries, accruals, and reconciliations.* Prepare financial statements and reports, including balance sheets and income statements.* Identify and implement process improvement opportunities to streamline the RTR process.* Manage intercompany transactions and reconciliations to ensure accuracy and completeness.* Collaborate with other departments to resolve issues and ensure compliance with policies and procedures.* Assist with the annual audit process by providing necessary documentation and explanations.* Executed various accounting functions including but not limited to asset accounting, provision, and income accrual, depreciation run, foreign exchange (FX) run, Reporting of Income and Assets, Pensions, ECCS Reporting, billing accruals, and, booking of SAP T-codes. * Led and mentored a team associates, in addition to reviewing output in terms of journal entries, invoices prepared for intercompany transactions, depreciation run, regrouping, etc.* Spearheaded many initiatives driving root cause analysis on all critical issues/errors reported, and devising corrective as well as preventative action. * Built and standardized a Set of Procedures (SOPs) for multiple accounting functions. * Preparation of account reconciliations in Blackline of various entities. * Excellent knowledge of accounting tools like SAP, and Blackline. * Preparation of closing checklist and discussion with the superiors regarding the status.* Knowledge of US GAAP as well as IFRS. Show less
