• Job Description

  Req#: 2600120

  Job Description:

  Organizational Overview:

  Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers Cash Accounting, general accounting, client accounting, reconciliations, closing & reporting, system maintenance, and governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.

  Role Summary/Purpose:

  This role will support Cash Accounting processes including daily balancing of Cash in Bank, Cash in Transit and suspense accounts, month-end close and analysis, and month-end reconciliations. This role will assist with cash balancing process, projects, ad-hoc requests, and other duties as assigned.

  Key Responsibilities:

  • Perform daily balancing, including resolution of variances, and preparation of daily and month-end reconciliation support.

  • Research and resolve transaction variances for open items.

  • Take part in process improvement ideas by collaborating with our internal cash team/RPA & BOT team.

  • Work closely with various stakeholders and cross-functional teams on cash related tasks/deliverables

  • Monitoring of all aged items in accordance with assigned thresholds and assisting in query resolution for the team.

  • Understand and apply the concepts of the Cash accounting process flow of accounts and Blackline balancing procedures

  • Research/follow up on all reconciling items for assigned accounts with strong root cause/action plans documented.

  • Suggest/implement process improvement ideas for assigned accounts and implementation of small to medium scale improvements

  • Manage month-end responsibilities including journal entry preparation and reconciliations in accordance with SYF standards

  • Support Governance initiatives such as job aid reviews, updates, and SOX controls testing

  • Support internal and external audits and internal control reviews

  • Support ad-hoc reporting requests

  • Other duties as assigned

  Required Skills/Knowledge:

  • Bachelor’s Degree in Accounting or Finance with minimum of 1-3 years of accounting experience, or in lieu of a degree minimum of 4 years of accounting experience

  • Excellent analytical and problem-solving skills

  • Software Skills (Excel, Word, PowerPoint)

  • Excellent organization and follow-up skills

  • Excellent communication skills – both oral and written

  • Ability to execute in a fluctuating environment

  • Demonstrated commitment to quality and customer service

  Desired Skills/Knowledge:

  • Experience with reconciliation systems (Blackline)

  • Experience with REVAL treasury management system

  • Experience with checks/drafts processes

  • Experience with Oracle

  • Prior Banking Experience is a plus

  Work Timings: 5:00 AM to 2:00 PM EST

  For Internal Applicants

  • Understand the criteria or mandatory skills required for the role, before applying

  • Inform your manager and HRM before applying for any role on Workday

  • Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)

  • Must not be any corrective action plan (First Formal/Final Formal, PIP)

  • L4 to L7 Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.

  • L8 Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.

  • L4+ Employees can apply

  Grade/Level: 08

  Job Family Group:

  Finance

• About the company

  Synchrony Financial is a consumer financial services company headquartered in Stamford, Connecticut, United States.

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