Financial & Accounting Manager

at  Tata Consultancy Services

Role: Financial & Accounting Manager
Job Type: Permanent
Location: Letterkenny, Co. Donegal
Ready to utilise your analytical and problem-solving skills?
Are you looking for an exciting opportunity to further your experience in an insurance/financial services environment?
Make a meaningful impact as a Financial & Accounting Manager!

THE ROLE

As a Financial & Accounting Manager, you will join our team in the TCS Letterkenny Global Delivery Centre. Your primary responsibility will be managing a Finance & Accounting team in addition to performing GL Administration activities/Tier 1 support for incident management.

Key Responsibilities:

• Liaise with internal/external auditors for periodic and year-end review procedures for local statutory audits on core activities that TCS are performing.
• Communicate internally with TCS (Ops/IT) and report to JVCo Head of Finance Management/Finance & Accounting manager on day-to-day operational issues, SLA performance, exceptions etc.
• Review and analyse ledger Journal Entries including Insurance and Banking entries, supporting files and other GL accounting activity as part of month end close process.
• Review, analyse and daily deliver the suite of reconciliations including Bank and Control Account reconciliations and premium/claims/commissions reconciliations at month end. Initiate process for follow up on open items.
• Supervise, coordinate, and direct the work activities of assigned employees. Support the coordination and execution of the consolidation and closing of the books.
• Ensure compliance with corporate policies and accounting standards. Ensure robust operation of financial and reporting controls to safeguard the integrity of reporting data across all bases.
• Enhance the existing processes and development of new ones to ensure the most efficient completion of duties.
• Develop process documentation that includes Standard Operating procedures and other Quality manuals as and when required.
• Oversee the invoice processing and accounts payable procedures. Oversee the cash management function for policyholder bank accounts including liquidity monitoring and ensuring transfers are completed.
• Own responsibility for assigned accounting workflows/processes within the financial close process.
• Act as Tier 1 support between the Company’s IT Service Desk and the Company’s Managed Service provider for MSD365. This will involve triaging incidents and resolving or escalating to the managed service provider if a resolution isn’t possible.
• Act as GL Administrator for 2 legal entities.
• Process the financial accounting transactions into the general ledger, including collecting, recording, verifying, and reconciling financial data.

In a GL Administration Capacity (indicative but not restricted to):

• Own responsibility for managing user groups (adding and removing users) and access to workflows (Roles, Signing limits, Organisational hierarchies) etc.
• Own responsibility for maintenance of master data groups including suppliers, receivables, vendors, banks, posting rules, VAT codes, nominal account codes etc.

TCS is a purpose-led transformation company, built on belief. We do not just help businesses to transform through technology. We support them in making a meaningful difference to the people and communities they serve - our clients include some of the biggest brands in the UK and worldwide. For you, it means more to make an impact that matters, through challenging projects which demand ambitious innovation and thought leadership.

• Gain access to endless learning opportunities.
• Fast track your growth with diverse career opportunities internally.
• Grow your career, while being exposed to new technologies