Job Summary
This hybrid role for TM FP and A focuses on cost center accounting accounting strategies and bank accounting to support accurate financial planning and analysis for a global organization. The professional will deliver reliable reporting support business decision making and maintain strong controls while collaborating with cross functional finance and operations teams in a day shift environment with no travel.
Responsibilities
Perform detailed cost center accounting activities to ensure accurate allocation of expenses and adherence to company wide financial policies and statutory requirementsPrepare analyze and validate monthly cost center reports to provide actionable insights that help stakeholders manage budgets and control operational spendingDevelop and maintain accounting strategies that align with organizational objectives while supporting sustainable growth and efficient use of financial resourcesExecute end to end bank accounting activities including posting reconciliations and variance resolution to ensure timely and reliable cash and liquidity informationCoordinate with treasury and finance partners to validate bank balances resolve discrepancies and support efficient cash management processesPrepare management reports within the FP and A function that highlight performance trends variance drivers and improvement opportunities for cost centers and bank related activitiesImplement and enhance internal controls across cost center accounting accounting strategies and bank accounting to reduce risk and support audit readinessCollaborate with cross functional teams to gather financial data clarify cost drivers and support planning cycles while ensuring consistent application of accounting principlesSupport budgeting and forecasting cycles by providing cost center level analysis driver based assumptions and scenario assessments that improve planning accuracyPerform periodic reconciliations of simple accounts to ensure alignment between general ledger balances cost center postings and bank statementsAssist in intercompany and fixed asset accounting activities by validating entries monitoring balances and helping to resolve mismatches in coordination with relevant teamsSupport continuous improvement initiatives in FP and A by documenting processes proposing enhancements and contributing to standardization of accounting and reporting practicesProvide timely responses to internal and external queries related to cost center accounting bank accounting and FP and A deliverables to maintain high stakeholder satisfaction
Qualifications
Possess professional experience in cost center accounting with strong understanding of expense allocation methodologies and cost control practices in a large organizationDemonstrate practical knowledge of accounting strategies including policy implementation standardization of accounting treatments and alignment with business objectivesBring hands on expertise in bank accounting including bank reconciliations cash entry postings and resolution of banking discrepancies using enterprise systemsApply working knowledge of reconciling simple accounts by validating balances investigating variances and ensuring completeness and accuracy of financial recordsUtilize experience in intercompany accounting and fixed asset accounting as a plus to support period end close and reconciliation processes when requiredUse strong analytical skills with FP and A exposure to interpret financial data prepare insightful reports and communicate findings clearly to finance and business partnersWork effectively in a hybrid model and day shift demonstrating disciplined time management secure remote work practices and consistent collaboration with distributed teams
Certifications Required
No Certification required
About Cognizant:
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.
Additional employment information
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
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