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Senior Accountant - Money Movement

Category Finance Location Bangalore, India Job ID 21741
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Company Overview

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible.

Job Overview

This is an accounting role as a Senior Accountant on the Money Movement team within the Controllership, Assurance, and Operations (CAO) organization under the Shared Services team. This role will primarily be to assist the Fintech team managing Payments, Bill Pay, Payroll, and Capital Offerings to manage the day-to-day accounting and assist in various projects. 

Work will include performing daily cash reconciliations to ensure the Money Movement engine is working as expected across billions in funds flows. You will collaborate with cross functional teams to triage and resolve issues.  In addition, you will support monthly GL Closes for Fintech close, but also various simple to complex RevShares with various partners. Outside of helping to run the business, you will be assisting in various adhoc projects to build the engine that adds new payment rails and you will help identify gaps in our current financial architecture and propose automated, scalable fixes that reduce manual intervention.

The US Fintech landscape is under constant innovation making this an exciting role as it sits at the intersection of traditional controllership and modern Fintech innovation.


Responsibilities

● Perform customer bank account reconciliations and collaborate with cross functional teams to triage and resolve reconciliation variances.

● Collaborate with external partners in seeking timely inputs required for the processing Revenue share invoices & accruals. Identify appropriate accounting treatment for new Rev Shares.

● Partner with global accounting teams to gather, prepare, test and maintain adequate documentation to support journal entries and balance sheet reconciliations for a broad range of accounting areas consistent with GAAP and company policies to ensure close timelines are met.

● Apply judgment and correctly interpret GAAP accounting requirements to ensure accounting entries are properly recorded, substantiated, and communicated with external auditors.

● Continuous Evolution: Constantly look for ways to automate manual "run the business" tasks to accelerate our scaling.

● Participate in cross training and coverage of other Corporate Accounting areas of responsibility. Maintain flexibility to assist in other areas during periods of peak activity.

● Adherence to monthly SSC KPI & SLAs.

● Implement and maintain the required process and internal control environment, and perform control procedures to ensure compliance with company policies.

● Contributes towards identifying and implementing simplification and automation initiatives to enhance efficiency and accurate reporting.


Qualifications

  • Degree/Masters specializing in Accounting/Finance strongly preferred; CA qualification mandatory
  • Minimum 5–7 years of relevant experience in General Ledger Accounting
  • Knowledge of Oracle, Blackline, QuickBase, QlikSense, Kyriba, and Google Workspace would be a plus
  • Strong experience with Google Workspace (Sheets, Docs, Drive)
  • Good understanding of bank reconciliations, accrual concepts, and revenue accounting
  • Detail-oriented with strong end-to-end process orientation
  • Excellent organizational skills, time prioritization, and ability to multitask
  • Excellent communication, documentation, and analytical skills with attention to detail
  • Strong customer service/support skills with ability to build relationships and partner cross-functionally

Intuit provides a competitive compensation package with a strong pay for performance rewards approach. This position may be eligible for a cash bonus, equity rewards and benefits, in accordance with our applicable plans and programs (see more about our compensation and benefits at Intuit®: Careers | Benefits). Pay offered is based on factors such as job-related knowledge, skills, experience, and work location. To drive ongoing fair pay for employees, Intuit conducts regular comparisons across categories of ethnicity and gender. The expected base pay range for this position is: 



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