Financial Associate Job Vacancy in Micro Focus Bengaluru, Karnataka – Latest Jobs in Bengaluru, Karnataka

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Company Name : Micro Focus
Location : Bengaluru, Karnataka
Position : Financial Associate

Job Description : Job Description:
Finance – RTR
Background Information
Micro Focus is a United Kingdom-based global software company, with revenues of ~$4B in 2018. The Group is the seventh largest software company in the world, the largest technology company listed on the FTSE and the largest UK technology company listed on the New York Stock Exchange.
With ~18,000 employees and footprint in 50 countries, Micro Focus is engaged in delivering and supporting software solutions, enabling customers to utilise new technology solutions while maximising the value of their investments in information technology (IT) infrastructure and business applications. It helps organisations gain incremental and sustainable returns on investments they have already made and to preserve and protect their data and business logic.
The Portfolio with ~300 products spans the following areas:
DevOps | IT Operations| Cloud | Security | Info Governance | Big Data, Machine Learning, & Analytics
The underlying premise behind Micro Focus’ business strategy is that the Company should consistently and over the long-term deliver shareholder returns of at least 15% to 20% per annum. To deliver this objective, the Company has adopted an operational and financial strategy underpinned by consistent and effective management and reward systems. Since IPO in 2005 until 30 April 2017, the annual compound shareholder return over 12 years has been 29.3%.
Responsibilities and Scope Impact / Scope
Execute Record to Report (RTR) processes (Fixed Assets Accounting / Revenue Accounting / General Accounting), ensuring timeliness, accuracy and quality of work / reports
Support coordination with other functions (including leadership) as well as Global Process Owners within a Shared Service Center (SSC)
Responsibilities
Execute day-to-day Record to Report processes, ensuring timeliness, accuracy and quality of work / reports
Assist in the RTR service delivery for the following regions: EMEA, AMS and APJ
Perform accounting for various processes including Fixed Assets / Deferred Revenue / Intercompany / Contra / Professional Services / Accounts Payable / Accounts Receivable / Bank / Treasury / Payroll / Pension / Direct Tax / VAT, etc. in a SSC (as per accounting policies and corporate-wide accounting processes)
Prepare non-complex manual journal entries and provide justification / support for Quality Assurance process
Analyse accounting entries, identify and resolve issues with supervision
Prepare monthly / quarterly reconciliations of journal entries
Prepare depreciation schedule
Verify automated journal entries posting run
Update and maintain process documentation (updated in terms of systems, transactions and processes)
Protect organisation’s value by keeping information confidential
Other RTR activities as assigned from time to time
Required Skills and Experience Education and Experience
Accounting qualifications will be an added advantage (CA, CPA, ACCA)
0-1 years’ experience
Non-qualified accountants with relevant matching experience may also please apply
2-4 years’ experience
Direct relevant experience of working in a Captive SSC / Business Process Outsourcing Organisations will be desired (in addition to years of experience / qualification)
Knowledge and Skills
Essential:
Strong understanding of the key RTR processes
Strong knowledge of accounting principles and International Financial Reporting Standards (IFRS) / US Generally Accepted Accounting Principles (USGAAP) Accounting
Flexibility to support different time-zones and geographies
Strong knowledge of finance & accounting systems (Oracle / SAP / Netsuite / Assurenet tools)
Fluency in English language (verbal and written)
Other:
Excel and PowerPoint knowledge with ability to extract information from existing business systems
Strong problem solving skills
Excellent prioritisation skills
High level of attention to detail
Ability to work on own initiative and under pressure to make key decisions
Excellent time management and multi-tasking abilities, with an ability to meet multiple deadlines
Highly organised and motivated team player
Our Offer:
A challenging, varied and exciting job within a global operating company
An opportunity to attain high level of exposure to Finance processes such as Record to Report, Procure to Pay, Tax Operations etc. across geographies
An international corporate culture, which is shaped by performance-orientation, openness and teamwork
An appealing career development program, which offers varied potential for development
A diverse and inclusive workplace, promoting individuality and equal opportunities
Job:
Finance
Micro Focus is proud to be an Equal Opportunity Employer. Prospective employees will receive consideration without discrimination because of race, colour, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, genetic information, citizenship or any other legally protected status

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