Senior Accounting Officer at Backbase

Hyderabad, Telangana, India

Backbase Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, AccountingIndustries

Requirements

Candidates should possess 2-3 years of relevant accounting experience, ideally post-qualification or in the final stages. A strong understanding of IFRS/US GAAP/Ind AS is essential, along with prior experience using ERP/accounting systems such as NetSuite, SAP, or Oracle. Familiarity with finance automation tools and exposure to AI-enabled accounting solutions or process optimization are preferred. Strong analytical, problem-solving, stakeholder management, communication, and collaboration abilities are also required.

Responsibilities

The Senior Accounting Officer will manage daily accounting operations, including general ledger maintenance, revenue recognition, and financial statement preparation, ensuring compliance with IFRS/US GAAP/Ind AS and local statutory requirements. Responsibilities include performing run-rate analysis, P&L variance analysis, and balance sheet reconciliations, as well as assisting with consolidation, intercompany reconciliations, and group reporting. The role involves supporting audits, ensuring accurate filing of statutory and regulatory reports, and maintaining compliance with corporate governance, tax, and local regulatory requirements. Additionally, the officer will identify automation opportunities, utilize AI-enabled tools to streamline processes, implement controls for accuracy and efficiency, assess the risk and control environment, and collaborate with various teams to ensure smooth end-to-end finance operations, including cash flow management and timely monthly closure activities.

Skills

IFRS
US GAAP
Ind AS
General Ledger
Revenue Accounting
Financial Reporting
Process Optimization
Finance Automation
AI Tools
Reconciliation
P&L Variance Analysis
Balance Sheet Reconciliation
Intercompany Reconciliation
Group Reporting
Statutory Audits
Internal Audits
External Audits
Regulatory Reporting
Corporate Governance
Tax Compliance
Risk Management
Accounting Controls

Backbase

Engagement banking platform for digital transformation

About Backbase

Backbase offers an Engagement Banking Platform that helps banks modernize their customer interactions and internal operations by replacing outdated IT systems. The platform allows banks to enhance customer journeys and eliminate operational silos, empowering both customers and employees. Backbase stands out by providing out-of-the-box web and mobile solutions, along with Model Bank accelerators that simplify digital transformation. The company generates revenue through platform usage fees, comprehensive documentation, and training, while also enabling banks to create unique features with their open APIs and SDK.

Amsterdam, NetherlandsHeadquarters
2003Year Founded
$128.4MTotal Funding
GROWTH_EQUITY_VCCompany Stage
FintechIndustries
1,001-5,000Employees

Benefits

Hybrid Work Options

Risks

Emerging regulations like the EU AI Act may increase compliance costs for Backbase.
Competition from other fintech companies could erode Backbase's market share.
Integration challenges with TD Bank may arise if customer expectations are not met.

Differentiation

Backbase's platform offers seamless integration with any back-end system for banks.
The company provides out-of-the-box web and mobile journeys for digital transformation.
Backbase's Model Bank accelerators embody industry best practices for rapid implementation.

Upsides

Partnership with TD Bank enhances digital experiences for over two million cardholders.
Collaboration with Seven expands Backbase's influence in Africa and the Middle East.
Increased AI adoption in banking offers Backbase opportunities to enhance platform capabilities.

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