Legal Entity Controllership - Specialist

Specialist - Legal Entity Controllership (LEC) - IN The role is responsible for month-end close accounting and management reporting and billing related activities.

Daily general ledger control checks, reference data maintenance, management information reporting & analysis, inter-entity reconciliation, GL balance substantiation & reconciliation. The associate will be part of the billing team as well as corporate accounting team

Key Responsibilities and Duties

• Corporate accounting month-end close: The associate will execute month-end and quarter-end close activities in line with internal guidelines and SOX controls. Responsibilities include preparation of journal entries, account reconciliations, intercompany transactions and settlements, variance analyses, and account substantiations. Reconcile intercompany and equity accounts and fix the breaks. Perform M-o-M variance analysis and document reasons for the variances.

• Manage end-to-end billing operations for institutional investment advisory clients, ensure accurate revenue accounting, and support timely receivables management and regulatory reporting. Calculate and post the revenue accruals in the General Ledger. Investigate unreconciled billing data across multiple systems and collaborate with stakeholders to ensure billing accuracy and timely resolution of exceptions

• Process billing for institutional clients' investment advisory services and perform fee calculations with client agreements and contractual terms. Analyzing agreements to identify the applicable fee basis—billing frequency and timing

• Perform true-up analysis at the time of actual payment receipt by comparing actuals versus accrued amounts, investigating and explaining variances to ensure accuracy of revenue recognized

• Record bank transactions for fee receipts and ensure all postings are completed prior to month-end close

• Perform balance sheet reconciliations for receivable accounts, including ORMB-to-GL reconciliations