Shalini Recruitments
Website:
shalinirecruitments.com
Job details:
Process: Record to Report (R2R) – Finance & Accounting
Work Location: Remote / Work From Home
Experience: 1–5 Years
Language Requirement: Portuguese proficiency
Domain: Finance & Accounting / Fixed Asset Accounting
Job Summary
We are looking for a detail-oriented R2R Portuguese Language Analyst with strong accounting fundamentals and hands-on experience in Record to Report (R2R) activities, including bank reconciliation, balance sheet reconciliation, journal entries, prepaid accounting, accruals, payroll accounting, and fixed asset accounting.
The ideal candidate should have practical experience in fixed asset capitalization, depreciation, asset valuation, financial reconciliations, and accounting adjustments. The role requires the ability to apply relevant accounting standards, analyze financial data, investigate discrepancies, and ensure accurate and timely financial reporting.
Portuguese language proficiency is required to support finance and accounting operations involving Portuguese-speaking stakeholders or business entities.
Key Responsibilities
1. Record to Report (R2R) Operations
- Execute day-to-day R2R activities, ensuring accuracy, completeness, and compliance with established accounting procedures.
- Prepare and post journal entries for accruals, prepayments, payroll, fixed assets, depreciation, and other accounting transactions.
- Perform month-end, quarter-end, and year-end closing activities within defined timelines.
- Review general ledger accounts and investigate unusual balances, discrepancies, and unreconciled items.
- Ensure financial transactions are recorded in the appropriate accounting periods and cost centers.
- Support financial reporting, account analysis, and audit requirements.
2. Bank and Balance Sheet Reconciliation
- Perform bank reconciliations and investigate differences between bank statements and general ledger balances.
- Prepare and review balance sheet reconciliations, ensuring all balances are supported by appropriate documentation.
- Identify, investigate, and resolve outstanding items, variances, and accounting discrepancies.
- Follow up with relevant stakeholders to ensure timely clearance of open reconciliation items.
- Maintain reconciliation schedules, supporting documents, and audit trails in accordance with internal controls.
3. Journal Entries, Prepaid Accounting & Accruals
- Prepare, validate, and post manual and recurring journal entries in accordance with accounting policies.
- Manage prepaid expenses, including initial recognition, amortization schedules, and periodic adjustments.
- Calculate and record accruals for expenses incurred but not yet invoiced or paid.
- Review journal entries for accuracy, completeness, appropriate account coding, and supporting documentation.
- Perform variance analysis and investigate deviations from expected balances.
- Ensure timely reversal and adjustment of accruals and prepayments wherever applicable.
4. Payroll Accounting
- Support payroll accounting activities, including recording payroll expenses, salary-related liabilities, and associated adjustments.
- Reconcile payroll accounts with general ledger balances and supporting payroll reports.
- Investigate payroll-related accounting discrepancies and coordinate with payroll teams for resolution.
- Ensure payroll journals are accurately recorded in the correct accounting period.
- Maintain appropriate documentation and support payroll-related audits and financial close activities.
5. Fixed Asset Accounting & Capitalization
- Manage fixed asset accounting activities, including asset additions, transfers, disposals, retirements, and adjustments.
- Identify and evaluate capitalizable costs in accordance with applicable accounting standards and company policies.
- Determine whether expenditures should be capitalized as fixed assets or recognized as operating expenses.
- Record accurate journal entries for asset acquisition, capitalization, transfer, disposal, and retirement.
- Maintain fixed asset registers and ensure asset records are complete, accurate, and up to date.
- Verify asset classifications, useful lives, capitalization dates, and asset values.
- Coordinate with procurement, accounts payable, operations, and other relevant teams to validate asset-related transactions.
6. Depreciation & Asset Valuation
- Calculate and review depreciation using applicable methods, including straight-line and other approved methods.
- Validate depreciation runs and ensure depreciation expenses are accurately reflected in the general ledger.
- Review asset useful lives, residual values, depreciation start dates, and accumulated depreciation balances.
- Investigate depreciation errors, exceptions, and variances and process necessary corrections.
- Evaluate asset valuation and assess the financial impact of asset additions, disposals, impairments, and adjustments.
- Support periodic asset verification and reconcile physical asset records with the fixed asset register.
- Ensure fixed asset balances and depreciation schedules are accurate and properly supported.
7. Accounting Standards, Compliance & Internal Controls
- Apply relevant accounting standards, company policies, and established financial reporting procedures.
- Ensure accounting transactions comply with applicable capitalization, depreciation, valuation, and expense recognition guidelines.
- Maintain accurate financial records and supporting documentation for internal and external audits.
- Follow internal control procedures and support compliance with audit requirements.
- Identify process gaps, recurring errors, and opportunities to improve accounting accuracy and operational efficiency.
- Escalate complex accounting issues and unresolved discrepancies to the appropriate stakeholders.
8. Portuguese Language & Stakeholder Communication
- Communicate effectively with Portuguese-speaking stakeholders through written and verbal communication, as required.
- Review and interpret Portuguese-language financial documents, accounting information, and business communications.
- Coordinate with global finance teams to resolve accounting queries and clarify transaction details.
- Prepare or validate financial information and supporting documentation for Portuguese-speaking business units, where applicable.
- Maintain professional communication and ensure timely resolution of stakeholder requests.
Required Skills & Qualifications
- Experience: 1–5 years of relevant experience in Finance & Accounting, preferably in R2R operations.
- Language: Portuguese proficiency in line with business requirements.
- Strong knowledge of accounting fundamentals, general ledger activities, and financial reporting.
- Hands-on experience in bank reconciliation and balance sheet reconciliation.
- Practical knowledge of journal entries, prepaid expenses, accruals, and payroll accounting.
- Experience in fixed asset accounting, capitalization, depreciation, and asset valuation.
- Understanding of accounting standards and fixed asset accounting policies.
- Advanced Excel skills, including PivotTables, lookup functions such as XLOOKUP/VLOOKUP, conditional formulas, and data analysis.
- Strong analytical, problem-solving, and numerical skills.
- Excellent attention to detail and accuracy in financial transactions.
- Good written and verbal communication skills.
- Ability to manage multiple priorities, meet deadlines, and work independently in a remote environment.
Preferred Qualifications
- Experience working in a multinational organization or a global finance shared services environment.
- Familiarity with ERP and accounting systems such as SAP, Oracle, or Workday Financial Management.
- Exposure to month-end and year-end financial closing activities.
- Experience supporting internal and external audits.
- Knowledge of IFRS and/or applicable local accounting standards.
- Experience handling accounting operations for Portuguese-speaking countries or business units.
Key Competencies
- Financial analysis and reconciliation
- Fixed asset accounting and depreciation
- Journal entry preparation and validation
- General ledger and month-end closing
- Accounting compliance and internal controls
- Advanced Excel and financial data analysis
- Problem-solving and root cause analysis
- Portuguese language communication
- Time management and independent working
Key Performance Indicators (KPIs)
- Accuracy and completeness of journal entries and accounting records.
- Timely completion of bank and balance sheet reconciliations.
- Adherence to month-end and year-end closing deadlines.
- Accuracy of fixed asset capitalization and depreciation calculations.
- Timely resolution of reconciliation differences and accounting exceptions.
- Compliance with accounting policies, internal controls, and audit requirements.
- Quality and timeliness of stakeholder communication and query resolution.
Ideal Candidate: A finance professional with 1–5 years of hands-on R2R experience, strong fixed asset accounting knowledge, advanced Excel skills, and Portuguese language proficiency, capable of delivering accurate accounting operations while meeting reporting deadlines in a remote work environment.
✔️ Ensure accurate and complete fixed asset records
✔️ Execute asset verification procedures
✔️ Measure and report asset values accurately
🎯 Eligibility & Skills
✅ Strong understanding of fixed asset accounting
✅ Good knowledge of capitalization, depreciation & valuation
- ✅ Strong analytical and reconciliation skills
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