Oracle Accountant 1-Fin in Bangalore, India
As the position is for Royalty reporting and Contract Compliance Team, the candidate will be involved in Royalty Fees Calculation based on agreements and also will be responsible for sending Royalty Reports and Payments to Partners. Also will be handling other tasks such as Expense Accrual JE, Prepayment and Amortization accounting, Monthly Reconciliations, Inter company Expenses Transfer and accounting and liaise with various teams and Partners.
Since the Royalty calculations are based on agreements, the candidate should be able to interpret the legal terminologies. Also he/she should possess the good accounting knowledge to grasp the concept behind the process. The candidate should have the revenue accounting , revenue recognition concepts for all lines of business such as License, Hardware, Support , Education, BPS, Cloud , etc.,
Detailed Description and Job Requirements
Maintain general accounting systems, policies, and procedures to ensure that proper information is reported in accordance with Generally Accepted Accounting Principles.
As a member of the finance division, you will assist in accounting functions which may include general ledger, accounts payable, accounts receivable, fixed assets, and inter-company transactions. Maintain the general ledger to include the preparation of journal entries, analysis, reconciliation and reporting. Maintain and implement general accounting systems. Conduct account reconciliation periodically, ledger close activities, and provide accurate financial data to support management in decision making. Develop and prepare financial reports including profit and loss, income and balance sheet statements. Review and analyze inter-company transactions. Ensure all journal entries comply with internal and external audit specifications. Participate in the ongoing development and maintenance of internal procedures and processes. May participate in special projects.
Work involves some problem solving with assistance and guidance in understanding and applying company policies and procedures. Strong analytical, prioritization and communication skills in partnering with other internal groups and management. Familiarity with Excel spreadsheets is essential. Typically graduate or equivalent with 0 - 2 year experience. BA/BS degree in Accounting or equivalent. Some positions need you to be bilingual in English and Spanish or Portuguese.
Job Type: Regular Employee Hire