Sr. Finance Specialist Controllership - Cash Accounting (L07)

Role Title: Sr. Finance Specialist Controllership - Cash Accounting (L07)

Company Overview

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

• We have recently been ranked #2 among India’s Best Companies to Work for by Great Place to Work. We were among the Top 50 India’s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.
• We provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.
• We provide career advancement and upskilling opportunities for all to take up leadership roles.
  
  

Organizational Overview

Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers Cash Accounting, general accounting, client accounting, reconciliations, closing & reporting, system maintenance, governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.

Role Summary/Purpose

This role will support Cash Accounting process including daily balancing of credit balance refund checks activity, month-end close and month-end reconciliations. This role will assist with credit balance refund processes, projects, ad-hoc requests, and other duties as assigned.

Key Responsibilities

• Detailed knowledge of process flow of assigned accounts and Blackline balancing procedures.
• Perform credit balance refund checks daily balancing for all assigned accounts and monitor aged items in accordance with assigned thresholds and compile support for daily and month-end reconciliations.
• Research, follow up and resolve transaction variances for credit balance refund checks with strong root cause/action plans documented.
• Process and clear items in the Positive Pay queue as needed.
• Coordinate with key stakeholders and cross-functional partners to complete cash Payable related activities and meet deliverable timelines.
• Completion of month-end close tasks, including preparation of journal entries and completion of reconciliations per SYF standards.
• Recommend and Implement Process improvement ideas for assigned accounts and delivering small to medium scale improvements/enhancements.
• Support Governance initiatives including Job aid preparation, maintenance, updates, and testing.
• Support ad-hoc reporting and data requests from business partners and leadership.
• Perform additional responsibilities as assigned.
  
  

Required Skills/Knowledge

• Bachelor’s Degree in Accounting or Finance with 1-2 years of Accounting & Reconciliation experience, or in lieu of a degree minimum of 3-4 years of Accounting & Reconciliation experience
  
  

Desired Skills/Knowledge

• Excellent communication skills – both oral and written
• Excellent analytical and problem solving skills
• Experience with reconciliation systems (Blackline)
• Software skills (Excel, Word, PowerPoint)
• Excellent organization and follow up skills
• Ability to execute in a fluctuating environment
• Demonstrated commitment to quality and customer service
• Experience with Treasury systems
• Experience with Oracle
• Prior banking experience
  
  

Eligibility Criteria

• Bachelor’s Degree in Accounting or Finance with 1-2 years of Accounting & Reconciliation experience, or in lieu of a degree minimum of 3-4 years of Accounting & Reconciliation experience
  
  

Work Timings: 4:00 PM to 1:00 AM IST

This role qualifies for Enhanced Flexibility offered in Synchrony and will require the incumbent to be available between 06:00 AM Eastern Time – 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with Asia and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs). We are proud to offer flexibility at Synchrony. Our way of working allows you the option to work from home or workspaces in our Regional Engagement Hubs. Occasionally you may be required to commute or travel to Hub or one of the Regional Engagement Hubs for in person engagement activities such as business or team meetings, trainings, and culture events.

For Internal Applicants

• Understand the criteria or mandatory skills required for the role, before applying
• Inform your manager and HRM before applying for any role on Workday
• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)
• Must not be any corrective action plan (First Formal/Final Formal, LPP)
• L4 to L6 Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.
• L04+ Employees can apply
  
  

Grade/Level: 07

Job Family Group

Finance