The Role
The Analyst Accounting ensures financial integrity through managing cash accounts, performing audits, month-end activities, and providing training and mentorship to the accounting team.
Summary Generated by Built In
PRIMARY FUNCTION:
Responsible for audit and reconcile store sales and providing cash office support related to Cash office –
Responsible for audit and reconcile store sales and providing cash office support related to Cash office –
Open Item Management, Cash office – Batch Write-offs and accruals, Posting Month-end Close
Journal Entries, The Analyst will play the role of a subject matter expert and will partner with SAO HQ to reduce the Cash Shortage.
Journal Entries, The Analyst will play the role of a subject matter expert and will partner with SAO HQ to reduce the Cash Shortage.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
Maintain Financial Integrity
Responsible for Handling end-to-end process of cash depository accounts which involves
reviewing, matching and clearing of open items in bank GL accounts.
Ensure timely and accurate closure of month end activities.
Responsible in performing daily OIM's to ensure accurate and efficient matching for Bank
accounts.
Responsible for performing month-end activities which include Batch Write-offs and
accruals to ensure smooth closure of the monthly P&L balances.
Ensure in consolidation of daily bank statements.
Maintain Financial Integrity
Responsible for Handling end-to-end process of cash depository accounts which involves
reviewing, matching and clearing of open items in bank GL accounts.
Ensure timely and accurate closure of month end activities.
Responsible in performing daily OIM's to ensure accurate and efficient matching for Bank
accounts.
Responsible for performing month-end activities which include Batch Write-offs and
accruals to ensure smooth closure of the monthly P&L balances.
Ensure in consolidation of daily bank statements.
Internal controls:
Analyze account balances and activity for accuracy and proactively identify risks and take
necessary actions to implement corrective controls.
Perform high level process reviews to identify potential control deficiencies and execute
corrective strategies.
Operational efficiency
Responsible for preparation, analysis and report out of metrics for management reporting.
Identify process improvement ideas to drive operational efficiencies and improve control
environment
Share and implement best practices followed across Finance.
Responsible for training methodology and documentation. Conduct and evaluate training for
new and existing team members
Audit:
Serve as single point of contact for statutory/internal audit engagements and ensure proper
compliance to all requests in a timely manner Systems:
Responsible for assessing impact of any system change/upgrades and partnering with technical teams, as required.
Problem solving:
Provide Mentorship to Level 2 – Level 3 TMs to ensure GL activities are completed timely and
accurately.
Participate and Lead meeting with stake holders to resolve open issues.Projects and Transitions:
Work on special projects and transitions which may require being part of cross functional
teams.
Provide Mentorship to Level 2 – Level 3 TMs to ensure GL activities are completed timely and
accurately.
Participate and Lead meeting with stake holders to resolve open issues.Projects and Transitions:
Work on special projects and transitions which may require being part of cross functional
teams.
REPORTING/WORKING RELATIONSHIPS:
Reports to Target India Accounting Manager. Has working relationships with Minneapolis and India Accounting team.
Reports to Target India Accounting Manager. Has working relationships with Minneapolis and India Accounting team.
JOB REQUIREMENTS:
MINIMUM REQUIREMENTS:
Semi qualified Accounting Professionals with Minimum 4 years of accounting experience.
Hands on experience on SAP, SAP CAR & MS Excel, etc.
Working knowledge of SOX controls and US GAAP.
Project planning, multi-tasking skills and presentations skills are mandatory.
Transition Experience of GL activities or other accounting process.
Ability to organize and prioritize team’s workload to ensure meeting strict deadlines and
managing pressure.
Proven analytical, problem solving, multi-tasking and decision-making skills
Excellent written and verbal communication skills, including Presentation skills.
Semi qualified Accounting Professionals with Minimum 4 years of accounting experience.
Hands on experience on SAP, SAP CAR & MS Excel, etc.
Working knowledge of SOX controls and US GAAP.
Project planning, multi-tasking skills and presentations skills are mandatory.
Transition Experience of GL activities or other accounting process.
Ability to organize and prioritize team’s workload to ensure meeting strict deadlines and
managing pressure.
Proven analytical, problem solving, multi-tasking and decision-making skills
Excellent written and verbal communication skills, including Presentation skills.
DESIRED REQUIREMENTS:
Experience in Retail accounting and US GAAP Accounting standards
Strong understanding of business process workflows like AP, AR, Payroll, Treasury, Fixed Assets etc.
Experience in Retail accounting and US GAAP Accounting standards
Strong understanding of business process workflows like AP, AR, Payroll, Treasury, Fixed Assets etc.
Top Skills
Excel
SAP
Sap Car
Am I A Good Fit?
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.
Success! Refresh the page to see how your skills align with this role.
The Company
What We Do
Target is an American retailing company providing access to a wide selection of products such as furniture, electronics, toys, and more.
Target is one of the world’s most recognized brands and one of America’s leading retailers. We make Target our guests’ preferred shopping destination by offering outstanding value, inspiration, innovation and an exceptional guest experience that no other retailer can deliver. Target is committed to responsible corporate citizenship, ethical business practices, environmental stewardship and generous community support. Since 1946, we have given 5 percent of our profits back to our communities. Our goal is to work as one team to fulfill our unique brand promise to our guests, wherever and whenever they choose to shop.
