Specialist APAC Finance

COMPANY OVERVIEW

Bain & Company is the management consulting firm that the world’s business leaders come to when they want results. Bain advises clients on strategy, operations, information technology, organization, private equity, digital transformation and strategy, and mergers and acquisition, developing practical insights that clients act on and transferring skills that make change stick. The firm aligns its incentives with clients by linking its fees to their results. Founded in 1973, Bain has 59 offices in 37 countries, and its deep expertise and client roster cross every industry and economic sector.

POSITION SUMMARY 

The position requires an individual who can be an effective expert in a position with experience in general accounting, revenue management, preferably in a captive unit of a multi-national firm. The person will be outgoing, and comfortable in a truly multinational environment, working with different cultures, styles and all levels of staff.

1. New projects – Process efficiencies, BDPs etc. 
2. New Process transitions 
3. Focus towards Standardization / Harmonization / Automation 
4. Assist the leadership to implement the Finance Strategies 

 KEY TASKS AND RESPONSIBILITIES 

• Accounting: 

1. Accounting of month end journals and other closing activities 
2. Liaising with stakeholders and colleague in other APAC offices
3. Monthly Balance Sheet Reconciliations
4. Supporting in monthly P&L reviews and commentaries
5. Various cost/profit center reconciliations with control on minute details
6. Revenue related activities:
   • Invoice creation
   • Invoice booking
   • Collections booking
   • Ageing reports etc.
7. Fixed Assets accounting: Disposals, Capitalization, Documentations, Reconciliation etc.
8. Cost Accounting: Cost reconciliation for various projects aligned with business services agreements.
9. Amortization, Absorption, Accruals, Advance disbursement track etc.
10. Taxation:
    • Strong understanding of taxation rules and adaptability to learn taxation procedures of various offices.
    • Ensuring correct tax accounting as per local office rules and compliances
    • Filing GST returns and monthly submissions (India Specific)
11. Treasury Management:
    • Supporting on the short-term investments
    • Supporting on the cash forecasting process and reporting 
12. Intercompany Accounting 
    • Intercompany AP/AR review and reconciliation 
    • End to End Intercompany settlements or netting. 

• Reporting:
  1. Monthly Reporting to the stakeholders
  2. Client Reconciliations update 
  3. Cost to Revenue reporting etc.
  4. GST/VAT/SST/Withholding tax/TDS etc.
  5. KPI’s
  6. Dashboards

KEY REQURIMENTS

• Strong Accounting concepts / knowledge
• Prior working knowledge in ERP (preferably SAP)
• Excellent MS-Excel Knowledge
• Ability to work under pressure. 
• Transition experience
• Thorough end-to-end process knowledge in GL (Closing, Reporting, Consolidation, Cash & Banking, Fixed Assets, Reconciliations)
• Exposure in R2R activities. (Record to Report)
• Exposure to Tax & Treasury Activities
• Should independently handle all type of queries from People/Client/Management
• Good presentation skills
• Eager to take up new initiatives and process improvements.
• Should independently prepare reports/dashboards and analyze the contents.
• Good people management and presentation skills
• Ability to create strong controlled process environment and adherence to controls and compliances.
• Maintain DTPs and versions.
• Willingness to work in shift timings.
• Excellent Client Management Abilities

• Exposure to Account Management

• Others: 

1. Ad-hoc reporting and analysis when required. 

PERSONAL SPECIFICATION 

1. High degree of accuracy, thorough approach to completing tasks, with a strong attention to details and zero/no defect 
2. Ability to think analytically and “outside the square”. 
3. Professional in handling confidential and sensitive information 
4. Strong service ethic, towards both internal and external stakeholders 
5. Strong ability to prioritize across conflicting deadlines. 
6. Adaptable in approach – able to work autonomously and collaboratively as a part of a remote team. 
7. Proficient organization, prioritization, and time management skills 
8. Strong written and verbal communication skills with internal and external stake holders 
9. Enthusiastic, dedicated and committed to meeting deadlines. 
10. Pleasant and calm even when under pressure.
11. Proactive in following up and resolving matters that will enable the timely and accurate completion.
12. Strong team player, working with the Finance team located at different locations.
13. Must be able to perform successfully in a fast-paced, intellectually intense, service-oriented environment and to interpret rules and guidelines flexibly to enhance the business and in keeping with Bain’s values and culture.
14. Experience working successfully within a complex matrix structured organization is essential. 
15. It is necessary to have the ability to understand and manage complex reporting relationships and incorporate multiple cultures.
16. Ability to work remotely and autonomously.

QUALIFICATIONS/CAPABILITIES 

• Essential 

1. CA, MBA (Finance) or M.Com
2. Minimum 8+ years relevant experience
3. Experience in General Accounting and R2R
4. 100% commitment to accuracy and meeting deadlines 
5. Advanced Excel skills 
6. Thorough knowledge of accounting principles and statutory compliance (GST, ITax etc.)
7. Proficient Microsoft office skills 
8. Proficiency in English, both written and verbal 
9. Experience in SAP

• Desired but not essential 

1. Experience or exposure to international markets (Especially APAC)
2. Process Transition Experience
3. Experience in a Captive Unit or Business consulting firm