About us:

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers. At Target, we have a timeless purpose and a proven strategy and that hasn’t happened by accident. Some of the best minds from diverse backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target’s global team and has more than 4,000 team members supporting the company’s global strategy and operations.

Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values diverse backgrounds. We believe your unique perspective is important, and you'll build relationships by being authentic and respectful. At Target, inclusion is part of the core value. We aim to create equitable experiences for all, regardless of their dimensions of difference. As an equal opportunity employer, Target provides diverse opportunities for everyone to grow and win.

PRIMARY FUNCTION:

Responsible for reconciling, reviewing and resolving issues for all accounting transactions related to GL accounts for Target. To build effective control environment and governance mechanism for Balance Sheet Account reconciliation

PRINCIPLE DUTIES AND RESPONSIBILITIES:

• Responsible for reviewing account reconciliations with 100% accuracy

• Prepare Analyze, Research and Resolve High complex accounts as assigned.

• Ensure timely and accurate preparation of GL activities.

• Ensure timely and accurate research and resolution of reconciling items.

• Analyze account balances and activity for accuracy as per accounting standards and adherence to SOX guidelines

• Responsible for maintaining, analyzing and reporting of all metrics to leadership

• Proactively identify reconciliation risks and communicate the same to the management to implement corrective controls.

• Responsible to provide timely and accurate information to internal, external and SOX audit.

• Conduct and evaluate training for new and existing team members on all segment of balance sheet reconciliations and other training initiatives.

• Share and implement best practices followed across Finance Operations on training partnership, documentation, training methodology.

• Drive operational efficiencies by identifying accounts to be automated.

• Driving back up creation for self and every TM.

• Report the open item status and ensure timely and accurate closure of month end activities.

• Drive continuous improvement by seeking, promoting, and implementing more effective processes and systems.

• Responsible for maintaining and reviewing documentation for the respective accounts reconciled.

• Own and hold periodic meeting with controllership Team to resolve reconciling items.

• Able to work in both team and individual environment

• Should be able to prioritize work and multi-tasking.

• Responsible for ensuring up to date knowledge on accounting standards

• Responsible for any special projects & quality improvement initiatives assigned by the partners or management.

REPORTING/WORKING RELATIONSHIPS:

Reports to Target India Accounts Reconciliation Manager. Has working relationships with Minneapolis and India Accounting team.

JOB REQUIREMENTS:

MINIMUM REQUIREMENTS:

• Bachelor’s Degree, CA,ACCA,CPA,CIMA,ICMA

• Four to five years accounting experience, 3+ years of these in reconciliations

• Working knowledge of internal controls, SOX and US GAAP.

• Hands on experience on any ERP like SAP, Oracle etc.

• Maintain up-to-date technical knowledge of legal regulations regarding payroll accounting issues.

• Being self-starter and work independently under minimal supervision

• Proficiency and accuracy with numbers

• High degree of professionalism, self-motivation, and initiative

• Ability to organize and prioritize workload, while meeting strict deadlines and managing pressure.

• Project planning and multi-tasking skills

• Strong PC skills including knowledge of Microsoft application and any ERP package.

• Proven analytical, problem solving, and decision making skills

• Ability to make bold decisions which are accurate and timely

• Excellent written and verbal communication skills, including Presentation skills

• Strict adherence to confidentiality guidelines

DESIRED REQUIREMENTS:

• Project planning and multi-tasking skills. Presentation skills will be an added advantage.

• Transition Experience

• Working knowledge of Blackline

• Understanding of Retail accounting

• Demonstrate leadership ability