Corporate Accountant

About Oracle Corporation

Oracle Corporation is a global leader in computer technology, offering a wide range of software, cloud services, and hardware products. The company embraces innovation and upholds a culture that prioritizes diversity and inclusion.

Role Summary

The Senior Accountant within the Corporate Accounting team in Bengaluru plays a crucial role in executing monthly and quarterly financial close cycles. This role ensures timely US GAAP financial reporting by consolidating all Oracle entities, especially acquired ones, preparing journal entries, and reviewing income statement activities along with balance sheet reconciliations. The focus is on maintaining accuracy and integrity in financial statements.

Team Overview

The Corporate Accounting team supports the Chief Accounting Officers’ office and consists of around 30 finance professionals. They manage Oracle’s US GAAP external reporting, statutory reporting, and compliance obligations while supporting mergers and acquisitions.

Key Responsibilities

• Lead accounting responsibilities for monthly, quarterly, and annual financial close cycles that adhere to US GAAP standards, focusing on consolidating results across all Oracle legal entities, particularly acquired companies.
• Prepare journal entries related to company reorganizations and acquisitions.
• Review account reconciliations of acquired entities to ensure accuracy and appropriateness.
• Assist regional Financial Controllers with daily compliance tasks under Oracle policies and US GAAP framework.
• Collaborate extensively with global finance groups including Tax, Treasury, Legal, and Global Business Finance.
• Engage in strategic projects aimed at enhancing processes and efficiencies within the Chief Accounting Officer organization.
• Conduct detailed research and analysis on prior transactions to inform ongoing accounting treatments.
• Support internal audit activities and SOX compliance through control assessments, implementation of recommendations, and documentation upkeep.
• Provide mentorship and guidance to junior team members.
• Partner with Tax teams on audit responses and regulatory inquiries.
• Implement and maintain best practices for systems and controls to meet corporate and statutory financial reporting standards.

Qualifications

• Chartered Accountant professional qualification is mandatory.
• Bachelor’s degree in Commerce or Business Administration; an MBA is advantageous.
• Up to two years of progressive experience within multinational technology firms or top accounting firms, preferably with corporate accounting, consolidations, and intercompany transactions exposure.
• Strong Microsoft Office skills, especially Excel.
• Familiarity with US GAAP rules, finance regulations, tax aspects, and ERP systems; experience with Oracle Financials is a plus.
• Project management abilities to initiate, oversee, and execute team projects.

Desired Skills and Attributes

• Self-motivated and eager to learn with an innovative mindset.
• Analytical thinker with problem-solving aptitude and ability to handle multiple priorities.
• Results-driven and capable of thriving in deadline-focused environments.
• Excellent communication and interpersonal skills suited for cross-functional collaboration and multicultural settings.
• Proactive in identifying opportunities for operational improvements and efficiency gains.
• Availability to work US time zones: Close days from 9:30 PM to 6:30 AM IST and other days from 6 PM to 3 AM IST.