Senior Finance Associate - General Accounting

McKinsey & Company, Inc.; Chennai District; On-site; INR 1,000,000 - 1,800,000; Full time

Job summary

McKinsey & Company, Inc. in India seeks an Accounting Specialist to support global offices with accounting processing and recording, and to help drive efficient month-end closings. You will prepare transactions, analyze reconciliations, and contribute to process improvements within the GAAP framework.

You will collaborate with multiple teams, participate in governance calls, and support automation initiatives across P2P, O2C, and R2R. The role requires in-person work and shift flexibility.

Qualifications

• Graduation in finance, accounting or related field.
• MBA, CMA, CA-Inter would be an advantage.
• 3+ years of work experience in general accounting process, preferably in a multi-national shared service environment.
• Proficiency in SAP, Microsoft Office, and a strong understanding of accounting concepts.
• Flexibility to work in shifts.
• Ability to work in-person.
• Good verbal and written communication skills.

Responsibilities

• Provide timely support to offices on accounting processing and recording.
• Prepare transactions for offices to record and support seamless accounting operations.
• Regularly analyze general accounting transactions, reconciliations and schedules.
• Identify improvements and drive efficiency and customer satisfaction.
• Maintain up-to-date standard operating procedures and assist in month-end close.
• Collaborate with global offices and participate in governance calls.

Skills

SAP

Microsoft Office

General accounting knowledge

Communication skills

Shift work

In-person work

Education

Graduation in finance or accounting

MBA

CMA

CA-Inter

Job description

Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You’ve come to the right place.

YOUR IMPACT

You will ensure timely support to offices on various accounting processing and recording, you will handle the preparation of transactions for offices to record, and support and collaborate on seamless accounting operations. You will regularly analyze the general accounting transactions, reconciliations and schedules. You will identify improvement areas and recommend new ideas to enhance the efficiency of the overall process, with the aim of increasing customer satisfaction. You will participate in day-to-day general accounting, processing accounting records, and ensure that business process documentations (Standard Operating Procedures) are updated regularly and adhered to by all team members. You will be an effective team player, working alongside other teams to achieve the common goals of the firm. You will be a key member of the Finance Global Operations (FGO) team within the McKinsey Global Services (MGS) domain, a wholly owned subsidiary of McKinsey & Company in India. You will coordinate with various global offices as part of the US GAAP accounting team, contributing to month-end closings for global entities, performing day-to-day accounting tasks, and preparing schedules for critical accounts. You will validate the accuracy of transactions in alignment with GAAP standards. Your primary responsibility will involve preparing balance sheet reconciliations to ensure accuracy and accountability. For items outstanding for more than 90 days, you will draft proper action plans and maintain appropriate documentation to resolve and close these items effectively. You will establish strong engagement with local offices globally, participating in monthly governance calls, representing reconciliation updates, and ensuring collaboration to provide a true and fair view of the financial statements. You will also support the team by minimizing disruptions during month-end reporting, focusing on training initiatives, and enhancing the knowledge base and technical accounting expertise within the GA process. You will handle ad hoc requests by understanding the end-to-end accounting flow of various service lines such as P2P, O2C, and R2R. Additionally, you will identify automation opportunities, lead projects, and act as a thought partner to McKinsey offices, helping to resolve challenges and drive process improvements.

YOUR GROWTH

• Continuous learning:Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
• A voice that matters:From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
• Global community:With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
• Exceptional benefits:On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

YOUR QUALIFICATIONS AND SKILLS

• Graduation in finance, accounting or related field
• MBA, CMA, CA-Inter, would be an advantage
• 3+ years of work experience in general accounting process, preferably in a multi-national shared service environment
• Proficiency in SAP, Microsoft Office, and a strong understanding of accounting concepts
• Flexibility to work in shifts
• Ability to work in-person
• Good verbal and written communication skills

FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.

FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.