The Corporate Accounting team, which supports the Chief Accounting Officers organization, amongst others, is a key part of Oracle’s World Class Finance organization. This progressive and innovative team comprises a dynamic group of approximately 30 financial professionals responsible for Oracle’s US GAAP external reporting, external statutory reporting, US & local compliance and fiduciary responsibilities, as well as mergers and acquisitions.
The Senior Accountant supports the Finance Director in the Corporate Accounting team in further supporting the members of the Board of Directors with the fiduciary responsibility for compliance and protecting the interests of Oracle Corporation (Oracle) and its legal entities that are managed by Corporate Accounting.
Specific areas of responsibility will include supporting the GCO (Global Controllers Organization) on acquired entities; performing the financial reporting of legal entities’ results (monthly, quarterly and annually) in accordance with US GAAP, and, performing the analysis and interpretation of financial results, to manage risk presented to Oracle operations; identifying opportunities for and project manage innovation enhancements in the organization processes. Responsibilities also include corporate governance, ensuring that Oracle legal entities are operating in compliance of Oracle’s policies and procedures, in order to preserve shareholders’ value.
The Senior Accountant will work very closely with Middle Management and will work in cross-functional relationships with Oracle’s Finance organizations – Global Controller Organization, Tax, Treasury, Legal, Global Business Finance, Technical Accounting, External Reporting and SOX organizations.
QUALIFICATIONS:
- Professional Accounting Qualification, Chartered Accountant is required.
- Bachelors in Commerce or Bachelors in Business Administration. MBA is a plus.
- Upto 2 years of relevant progressive experience in the technology sector with multinational companies/Fortune 500, or public accounting experience in a top 10 accounting firm.
- Experience in corporate accounting, consolidation process and intercompany preferred.
- Fast learner, attention to details, inquisitive personality
- Ability to interpret, assimilate and apply the standards/concepts in real life scenarios. Prior hands-on working knowledge will be an added advantage.
- Ability to immerse oneself to understand problems and propose solutions.
- Ability to effectively work in a multi-location organization and adapt to different cultures
- Proficient user in Microsoft Office applications, particularly Microsoft Excel.
- Knowledge and experience with US GAAP accounting, finance and tax regulations.
- Knowledge and experience of ERP systems. Experience in Oracle Financials and/or other ERP solutions is an advantage.
- Project Management capabilities – the ability to plan, initiate, monitor and implement projects within a team.
SKILLS AND ATTRIBUTES:
A proactive self-starter with a desire to learn, innovative inquisitive mindset and ability to manage multiple priorities simultaneously.
Dynamic, innovative & problem resolution focused, troubleshooting and analytical skills.
Results oriented, ability to multi-task and can thrive in a deadline driven environment.
Ability to immerse oneself to understand problems and propose solutions.
Strong communication, interpersonal and presentation skills to interact with various levels of management.
Ability to effectively work in a multi-location organization and adapt to different cultures.
Ability to identify and execute operational excellence and continuous improvement initiatives to improve resource optimization.
Requirement to be available to work USA time
- Close workdays (for about 4 to 5 days) – 9.30PM to 6.30AM India time
- Other workdays – 6PM to 3AM India time
Participate in monthly and quarterly close cycles, ensuring that US GAAP financial reporting is performed timely, in accordance with corporate close guidelines, consolidating all Oracle entities with a focus on acquired entities, preparing journal entries, reviewing income statement activity and balance sheet reconciliations to ensure the accuracy and integrity of the financial statements.
Prepare accounting entries for various prevailing integration reorganizations of acquired and Oracle companies.
Review the account reconciliations of certain acquired entities and company codes for reasonableness and appropriateness.
Support the Financial Controllers in the regions with day-to-day activities to ensure compliance with Oracle’s policies and US GAAP reporting standards.
Collaborate with Global Finance Organizations including, Global Business Finance, Tax, Treasury and Legal.
Participate in Global & Regional strategic initiatives that optimize and enhance the operations of the Chief Accounting Officer organization.
Ability to research past transactions and interpret past events and future treatment.
Support Internal Audit and SOX PMO on the assessment of internal controls, implementing recommendations, reinforcing controls for deficiency and maintaining updated documentation on local processes.
Acts as a reference for team members, providing direction and mentoring to other members of the organization.
Collaboration with Tax organization on tax authority information requests and audits.
Implement best practice system processes and controls for the Corporation and legal entities to comply with all internal and external financial reporting obligations.
Career Level - IC2