ETIC, Finance R2R Senior Associate

Line of Service

Advisory

Industry/Sector

Technology

Specialism

Managed Services

Management Level

Senior Associate

Job Description & Summary

PwC Overview:

At PwC, we measure success by our ability to create the value that our clients and our people are looking for. Our reputation lies in building lasting relationships with our clients and a focus on delivering value in all we do. We’re a network of firms in 152 countries with more than 328,000 people who are committed to delivering world-class capabilities and quality in assurance, tax and advisory services.

PwC Middle East Overview:

Established in the region for over 40 years, PwC Middle East employs over 10,000 people across 12 countries: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, Palestine and the United Arab Emirates. Complementing our depth of industry expertise and breadth of skills is our sound knowledge of local business environments across the Middle East region. Our tailored solutions help our clients meet the challenges and opportunities of doing business in the Middle East market, and beyond.

Corporate Culture & Working Environment:

Our culture is one of inclusivity and care, where we respect each other and our differences. It's one that supports collaboration, teamwork and innovation and one that embraces difference. We support everyone having a voice and feeling empowered to challenge the status quo, bringing new ideas to the table.

As PwC staff, you will have the chance to collaborate across level, line of services, and global network. Not only in terms of work, get involved too in firm-wide events.

Line of Service and Overview:

Managed Services is the delivery and execution business within PwC, providing operational solutions for clients. It brings the best of PwC’s advisory capabilities, our technology expertise and our operational delivery to help clients solve complex problems.

Job Summary:

The Record to Report Senior Finance Analyst is responsible for the day-to-day delivery of Finance Managed Service operations for the Finance Service Tower. This includes processing of finance transactions and production of required reports.

Roles and Responsibilities:

The Record to Report Senior Finance Analyst is responsible for the day-to-day delivery of Finance Managed Service operations for the Finance Service Tower. This includes processing of finance transactions and production of required reports

Operational

As a Record to Report Senior Finance analyst, you will work across one or more core R2R report processes, delivering these activities for customers of PwC:

Intercompany & Balance sheet Reconciliations

Reconciliation of AR / AP statements for all counter parties

Meet the month end close timelines for reconciliations.

Act as a point of contact for internal & external relationships

Ensure all Intercompany transactions for the period are properly accounted for in the same period before month close

Deal with transactions of higher value, handles critical, escalated and more complex customer issues.

Reconciliation of GL as related to AP & AR

Report reconciliation statement results and resolutions to management.

Identify areas of process improvements, report to management, implement change.

Review, investigate and resolve all mismatches in Hyperion / other consolidation system.

reparation of Intercompany AR & AP intercompany confirmation statement, email to relevant stakeholders & obtain confirmation from counter parties.

Ability to understand & analyze COA setup & impact of changes to the reconciliation cycle.

Performs all necessary reconciliations with adherence to the policy and other guidelines in place.

Period Close, Consolidation and Reporting (IFRS and Accounting Standard Knowledge)

Ensure that all required pre- reporting transactions and journal entries are posted in line with procedure(s) and authorization policy/policies in place and within deadline(s) agreed for the account

Performed all necessary reconciliations with adherence to the policy and other guidelines in place.

Prepare, Review and finalize reports pack: financial, management/ statistical / governmental accurately and within deadlines set by the client

Perform reports / analyses required by the client are compiled within deadlines announced / agreed and with respective attention to quality.

Facilitate the production of financial reporting information to auditors, Client personnel, and third parties, as authorized by Client.

Specialized Accounting Tasks may be required depending on the client requirements

Project Accounting

Ensure all Capital Authorization Requests (CAR) are tracked, maintained & monitored throughout the life of the project.

Provide status update on all projects at regular frequencies, as agreed with the client.

Set up projects in ERP and move item to the Fixed Assets module.

Track the completion of project costs into fixed asset accounts and close out those accounts once the related projects have been completed.

Track cost over runs by CAR based on agreed % and obtain commentary from business units / departments.

Timely and accurately capitalization of Projects

Fixed Assets Accounting

Perform updates and maintain new and existing capital and non-capital fixed assets including asset identification tagging,

Record fixed asset acquisitions and dispositions in the accounting system.

Coordinates transfer of equipment's and updates the assets module with each transfer.

Reconciles fixed assets module with related fixed assets general ledger and coordinates any variances with relevant fixed assets accounting staff.

Run depreciation for all fixed assets as per agreed timelines.

Review and update the detailed schedule of fixed assets and accumulated depreciation.

Investigate the potential obsolescence of fixed assets.

Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.

Track company expenditures for fixed assets in comparison to the capital budget and management authorizations

Perform fixed assets close process.

Prepare and distribute fixed asset management reports, as well as statistical analysis each month.

Ensure timely and accurate transfer of account data to General Ledger

Delivery

Perform tasks and projects as assigned by Supervisors

Communicate effectively with internal and external stakeholders to ensure clear understanding of financial information

Ensure adherence to agreed-upon deadlines and performance metrics (SLAs)

Propose and implement initiatives to enhance financial processes and drive continuous improvement

Essential Skills:

Experience in R2R domain

Strong understanding of accounting principles, financial statements, and reporting standards (e.g., GAAP, IFRS).

High level of accuracy and attention to detail in financial record-keeping and reporting

Ability to analyze financial data, identify discrepancies, and provide actionable insights

Proficiency in accounting software and financial systems (e.g., SAP, Oracle, QuickBooks), as well as advanced Excel skills

Effective verbal and written communication skills to collaborate with team members and convey financial information clearly

Strong organizational and time management skills to handle multiple tasks and meet deadlines

Ability to identify issues, analyze root causes, and implement effective solutions

Expected Competencies:

Proven interpersonal skills and is a strong team player

Communicates with impact

Bachelor’s degree in Finance and Accounting

Certifications in relevant fields (e.g., CPA, ACA, ACCA, CIMA, etc.) would be advantageous

3-8 years of experience

Results driven

Strong accounting and bookkeeping background with experience in finance operations and financial reporting

Preference for IPSOS & IFRS qualified

Education (if blank, degree and/or field of study not speci