Finance Analyst - Global RTR Process

What You'll Do

Join us as we embark on a journey to transform BCG's Finance organization. Future Finance is a multi-year journey to prepare the Finance function for the BCG of the future: a BCG that continues to grow, and one that has become more complex, more diverse and more interdependent. By rethinking structures and standardizing processes across geographies and business entities, we will make it simpler and more efficient to work together and flex to meet the needs of BCG.

As a part of the Global Finance & Operations Services team, you will support and deliver on day-to-day activities in the Record-to-Report (RTR) function including finance & accounting management process of collecting, processing, consolidating, closing and reporting on relevant, timely and accurate information used to provide financial, strategic and operational feedback which aids in decision making process. You should have experience in financial accounting and reporting, revenue accounting. fixed assets and lease accounting, intercompany accounting, accrual/prepaid accounting and reconciliations, month end/year end close, accounting systems and procedures, consolidation of financials, audit controls and governance etc. Your key stakeholders will include various internal BCG functions and the local finance teams located in multiple geographies.

Roles and responsibilities

• Develop a comprehensive understanding of accounting principles alongside proficiency in financial systems, data flow management, chart of accounts, consolidation processes, and system hierarchies and mappings.
• Execute monthly accounting transactions with precision, including the accurate recording and review of revenue and expenses, management of general and sub-ledgers, month-end accruals, and journal entries in accordance with local, BCG, and other relevant accounting standards.
• Review, reconcile, and analyze various components of monthly financial statements, encompassing consolidation, reconciliations, allocations, accruals, pre-payments, and variance analysis.
• Ensure all assigned balance sheet and expense accounts are reconciled, balanced, and maintained in line with company policies and procedures.
• Acquire foundational knowledge of accounting processes to effectively provide backup support to the team.
• Utilize system reports and queries to gather necessary data for addressing inquiries and researching issues.
• Collaborate with IT and finance system teams to investigate and resolve month-end system issues, reconciling discrepancies during system reconciliations.
• Maintain robust internal controls by keeping thorough backups and schedules that support accounting transactions, adhering strictly to internal compliance policies and guidelines established by management in daily operations.
• Partner with Finance Managers and Senior Managers to conduct comprehensive reviews of accounting operations, identify opportunities for improvement, and implement recommended changes.
• Assist the team in developing and documenting accounting procedures to ensure a seamless monthly, quarterly, and annual close process.
• Address practical problems and assist with the documentation and formalization of procedures.
• Identify and report deviations from established guidelines or procedures promptly to seek timely advice or solutions from the line manager.
• Independently perform transactional tasks that support the compliance, planning, and execution of assigned processes.
• Fulfill ad hoc requests and undertake additional duties as required with minimal oversight.
• Actively participate in organization-wide projects and initiatives, contributing effectively to their success.
  
  

YOU'RE GOOD AT

• Possess a robust accounting background that enhances analytical capabilities.
• Exhibit exceptional analytical skills, with the ability to navigate intricate details and interpret data from multiple perspectives. Demonstrate proficiency in synthesizing data with meticulous attention to detail.
• Proficient in Excel, including the design, enhancement, and maintenance of complex spreadsheets and databases.
• Comfortable with ambiguity, adept at cross-validating results through indirect methods.
• Showcases sound judgment, high initiative, and resourcefulness.
• Capable of managing multiple tasks and prioritizing effectively in a fast-paced, demanding environment.
• Flexible and willing to delve into and resolve detailed issues.
• Recognizes the value of iterative processes.
• Effective both in collaborative team settings and when working independently.
• Proven ability to interact successfully at all organizational levels.
• Displays excellent judgment, strong interpersonal skills, and a collaborative approach.
• Performs effectively under pressure and adapts to changing situations with tact, poise, and patience.
• Excellent oral and written communication skills.
• Able to handle multiple projects simultaneously in a dynamic, fast-paced organization.
• Proven capability to plan and prioritize work effectively, even in high-stress situations.
• Demonstrates responsiveness, initiative, and an orientation toward service and broader business needs.
• Experience working successfully within a complex matrix-structured organization is essential.
• Proven ability to drive continuous improvement in financial and transactional processes, as well as in monthly closing and reporting procedures.
  
  

You Bring (experience & Qualifications)

• Bachelor's degree in accounting or finance, with experience and strong interest in accounting concepts.
• 4-6 years of relevant experience in financial accounting and reporting, fixed assets and lease accounting, accrual/prepaid accounting and reconciliations, month end/year end close, accounting systems and procedures, consolidation of financials, audit controls and governance etc.
• 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 BCG's values and culture.
• Willingness to provide a wide range of financial services from routine tasks to intricate financial management data
• Oracle experience a plus (GL, Fixed Assets and AP), Hyperion, SAP Business Objects, MS Access and other comparable ERP systems experience preferred
• MS Excel, PowerPoint, Word proficiency and adaptable to different software applications
• Advanced Excel skills and/or experience with other analytical tools (such as Tableau, Alteryx, etc.) will be added advantage
  
  

YOU'LL WORK WITH

We pride ourselves on a collaborative working environment and utilize digital tools to foster that collaborative environment across a global company. The Global Finance Operations Centre aims at providing best in-class operational excellence and execution through partnership, building trust and credibility. It provides a foundation to ensuring smooth finance operations, coordinating change and ensuring performance of individual processes with high service levels.