Accenture is Hiring for Record to Report Ops Analyst

Job Overview

Accenture is looking for a Record to Report Ops Analyst to join its Finance Operations team in Bengaluru, India. This role focuses on Inventory Accounting Operations, handling financial transactions, journal entries, reconciliations, and inventory tracking. The ideal candidate will have 3-5 years of experience in accounting, preferably in the Oil & Gas industry, and familiarity with ERP systems like JD Edwards and SAP FICO/MM modules.

Job Details

• Company: Accenture
• Position: Record to Report Ops Analyst
• Job ID: aioc-s01563443
• Location: Bengaluru, India
• Work Mode: Full-time
• Qualification: Any Graduation (Master’s degree or professional certification is a plus)
• Experience: 3-5 years in Record to Report (RTR) or Inventory Accounting Operations

Key Responsibilities

1. Finance Operations & Reconciliation
   • Collect, analyze, and reconcile financial data to determine financial outcomes.
   • Prepare journal entries, balance sheet reconciliations, and cash forecasting statements.
   • Support month-end closing and audit processes.
2. Inventory Accounting Operations
   • Manage material stocks (quantity & value) and update physical inventory records.
   • Record and track inventory movements, including internal transfers and storage updates.
   • Handle inventory structure setup, replenishment, write-offs, and valuation adjustments.
3. Fuel Order Processing (FOP) – Hydrocarbon Accounting
   • Accurately record fuel product movements from terminals to final destinations (retail, bulk plants, wholesale, commercial customers).
   • Monitor electronic Bill of Lading (BOL) data and manually upload BOL details into Client ERP (JD Edwards).

1. Validate product type, volume, pricing, and carrier details in the system.
2. Inventory Reconciliation (IR) – Hydrocarbon Accounting
   • Compare physical inventory readings with system records daily and finalize them monthly.
   • Perform Inventory Module vs. General Ledger (GL) reconciliation.
   • Investigate discrepancies in inventory volumes and values due to timing, metering, or manual errors.
3. Month-End Activities, Controls & Reporting (MECR) – Hydrocarbon Accounting
   • Ensure accurate recording of Cost of Goods Sold (COGS) based on Weighted Average Cost (WAC) of inventory.
   • Resolve inventory discrepancies before closing the General Ledger (GL).
   • Ensure full compliance with internal/external controls, policies, and reporting standards.
   • Provide detailed analysis and reports to support business decision-making.

Required Skills and Knowledge

• Technical Skills:
  • Experience in ERP systems (preferably JD Edwards, SAP FICO/MM, or OneStream).
  • Strong knowledge of inventory management, reconciliation, and financial reporting.
  • Proficiency in Microsoft Excel for data analysis and reporting.
• Industry Knowledge:
  • Experience in Oil & Gas industry accounting (Retail Site Accounting, Product Movement, Exchange Reconciliation).
  • Understanding of hydrocarbon inventory accounting.

• Soft Skills:
  • Strong analytical and problem-solving abilities.
  • Good communication skills (verbal & written).
  • Adaptability to new processes, systems, and concepts.
  • Ability to work flexible hours, especially during month-end and year-end closures.

Why Join Accenture?

• Work for a global leader in professional services, specializing in digital, cloud, and security solutions.
• Gain hands-on experience in finance operations, inventory management, and hydrocarbon accounting.
• Collaborate with industry experts and global teams.
• Access to continuous learning, career growth, and leadership development opportunities.
• Be part of a company that values innovation, efficiency, and client success.

This role is ideal for candidates with a finance/accounting background, strong ERP skills, and experience in inventory accounting within the Oil & Gas industry.

Important Links

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