Hedge Accounting

About Us

Capco a Wipro company is a global technology and management consulting firm. Awarded with Consultancy of the year in the in the British Bank Award Consultancy of the year British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Top 100 Best Companies for Women in India 2022 by Avtar & Seramount . With our presence across 32 cities across globe we support 100 clients across banking financial and Energy sectors. We are recognized for our deep transformation execution and delivery. Avtar & Seramount

MAKE AN IMPACT You will work on engaging projects with the largest international and local banks insurance companies payment service providers and other key players in the industry. The projects that will transform the financial services industry.

#BEYOURSELFATWORK Innovative thinking delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners we deliver disruptive work that is changing energy and financial services. Capco has a tolerant open culture that values diversity inclusivity and creativity.

CAREER ADVANCEMENT With no forced hierarchy at Capco everyone has the opportunity to grow as we grow taking their career into their own hands.

DIVERSITY & INCLUSION DIVERSITY & INCLUSION We believe that diversity of people and perspective gives us a competitive advantage.

Requirements:

• The Ledger SME is accountable for providing deep functional and process expertise across ledger accounting and financial close ledger accounting and financial close capabilities.
• The role partners with Finance Technology Operations Risk and Change teams to ensure ledger solutions are controlled compliant scalable and fit for purpose controlled compliant scalable and fit for purpose supporting regulatory and management reporting
• Ledger & Accounting SME Leadership Act as the senior SME for General Ledger and sub-ledger integration General Ledger and sub-ledger integration accounting rules posting logic and reconciliation design.
• Own and maintain ledger process maps ledger process maps accounting treatment documentation and end-to-end data lineage from source to GL.
• Provide authoritative guidance on accounting impacts accounting impacts of product/process changes (e.g. new booking models new feeds new legal entity requirements).
• 2 Change Delivery & Solution Design Lead functional input into target operating model target operating model and target ledger architecture governance). target ledger architecture (including controls and Translate Finance requirements into functional specifications functional specifications ensuring traceability from requirement design test sign-off. Partner with Technology to shape solution options assess trade-offs and ensure designs meet non functional requirements functional requirements (resilience performance auditability).
• Controls Reconciliations & Close Define and strengthen ledger controls non ledger controls: completeness accuracy timeliness segregation of duties and audit trails.
• Drive improvements to reconciliations and close efficiency. reconciliations (sub-ledger to GL intercompany suspense breaks management) Support Finance in ensuring robust period-end close period-end close processes and operational readiness for change releases.
• Regulatory Risk & Governance Ensure solutions align with relevant accounting standards and regulatory expectations GAAP where applicable). accounting standards and regulatory expectations (e.g. IFRS local Support internal/external audit model risk and operational risk reviews by providing evidence walkthroughs and remediation plans.
• Contribute to governance forums (design authority change control risk acceptance) and ensure appropriate approvals are obtained. Stakeholder Management & Leadership Build strong partnerships with senior stakeholders across Finance and Technology; influence decisions through data and clear recommendations.
• Mentor analysts/VPs uplift ledger domain capability and promote consistent standards across programmes. Manage dependencies across multiple workstreams and ensure delivery remains aligned to strategic outcomes.
• Decision Making / Authority Sign-off (or provide formal recommendation) on ledger functional design accounting treatment documentation and test outcomes.
• Escalate material risks/issues impacting financial integrity reporting or control environment. Approve functional readiness for release and cutover from a ledger/accounting perspective (as per programme governance).

Key Interfaces Group Finance / Business Finance / Financial Control Technology (Engineering Architecture Data QA) Operations / Middle Office / Product Control (where relevant) Risk & Compliance Internal Audit External Audit Change/Transformation and PM