Record to Report Ops Assoc Manager

Skill required: Record To Report - Financial Consolidation & Close Operations
Designation: Record to Report Ops Assoc Manager
Qualifications:Chartered Accountant
Years of Experience:10 to 14 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? This role would suit a qualified accountant with excellent Excel and / or data science skills and a passion for continuous improvement. The role provides a fantastic opportunity to understand the complexities of a commodity trading business across a wide range of trading strategies and books. Reporting to the Head of Financial Control within the Finance team, this role will primarily support the Group Risk Management carried out by the CE business in London. The role holder will support the FC team in developing financial accounting, reporting and related control processes whilst maintaining an effective system of internal control to ensure integrity and accuracy of financial reporting throughout a sustained period of change. Record to Report (R2R) is a finance and accounting process that involves collecting, processing, and delivering accurate financial data. This includes recording transactions, reconciling accounts, and preparing financial statements. The goal is to provide a clear and accurate picture of a company s financial performance. Effective R2R processes ensure compliance with accounting standards and support informed decision-making. It is essential for financial transparency and accountability. A self-starter who can identify issues as they arise and resolve them with minimal involvement from manager • A team player who can collaborate with others within Finance as the need arises • Comfortable with ambiguity and calm under pressure with the ability to juggle and prioritize multiple deliverables with a high degree of self-management • Ability to present a complex subject in a clear and simple way.
What are we looking for? • Understanding of trading concepts covering long/short positions; forwards/futures/ options/swaps; realized/unrealized positions; bid-offer spreads. • Understanding of accounting for IFRS 9 Financial Instruments and IFRS 13 Fair Value Measurement; derivatives; foreign currency transactions; revaluation; hedge accounting. • Ability to process and interrogate large trade datasets (50,000+ rows) quickly through spreadsheets, Power Apps or other analysis tools (SQL/Python etc.) • Experience of physical and financial energy markets and accounting for transactions in these markets preferable • Experience with financial accounting and reporting systems would be preferable. e.g. SAP, BPC, BW • Ability to learn and understand accounting and trading concepts • Ability to learn and understand commercial aspects and associated accounting for a variety of contract types • Technically savvy and desire to learn how to operate with trading systems (e.g. Endur, EOS, Falcon) and process and interrogate large trade datasets (50,000 rows) quickly through spreadsheet (or other) analysis tools • A process-focused individual with a passion for continuous improvement and ability to deliver change involving multiple stakeholders • Accounting Graduates with minimum 3 - 5 years of relevant experience in F&A (CA, ICWAI or CMA preferred) • Relevant understanding of accounting for IFRS 9 Financial Instruments and IFRS 13 Fair Value Measurement; derivatives; foreign currency transactions; revaluation; hedge accounting. • Understanding of trading concepts covering long/short positions; forwards/futures/ options/swaps; realized/unrealized positions; bid-offer spreads. Presenting P&L and balance sheet to client stakeholders for review and signoff process • Good Accounting Skills & Sound understanding of Concepts & Principles. • Advanced MS Excel • SAP S4 HANA • Power BI • • Good Oral & Written communication skills • Flexibility and Adaptability to a situation in quick time • Ability to work under pressure. • Experience with financial accounting and reporting systems would be preferable. e.g. SAP, BPC, BW • Experience of physical and financial energy markets and accounting for transactions in these markets preferable. • Ability to present a complex subject in a clear and simple way.
Roles and Responsibilities: Support the Month-End Financial Control process for CE. Examples include: • Journal upload & ensuring data integrity in SAP • Integrity review process with other Finance stakeholders • Income Statement/Balance Sheet/Cash Flow reporting deliverables • Month-End submission and controls completion • Year End and Half Year additional reporting requirements including Auditor deliverables Help drive continuous improvement through the Finance automation agenda: • Gain efficiencies through using Microsoft Power Apps • Re-design and move process onto Power BI • Work with the rest of the team to build a world class accounting and reporting function Develop effective working relationships with the wider Centrica Finance, Business Finance and Product Control teams to ensure the trading of the business is accurately represented in the external reporting.

Chartered Accountant

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.

Visit us at www.accenture.com 

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