DEPARTMENTAL OVERVIEW:
As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Founded in 1856, Credit Suisse has a long tradition of meeting the complex financial needs of a wide range of clients. It provides companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland, with advisory services, comprehensive solutions and innovative products. Credit Suisse is active in over 50 countries and employs approximately 48,000 people from over 100 different nationalities.
Financial Accounting is within Shared Services part of the CFO division. Our vision is to contribute to the creation of shareholder value through the Bank's growth and success as recognized providers of high quality financial and regulatory reporting and advice.
Financial Accounting Credit Suisse Subsidiaries and Specialist Entities Switzerland is responsible for a timely and accurate delivery of the financial statement for various entities within the Swiss region. The main tasks of the department are month end closing, financial analysis, local statutory, financial, management information and regulatory reporting.
The ‘Accountant for Credit Suisse Swiss entities’ is working in the sector "financial accounting local management Switzerland" and primarily responsible for various Credit Suisse Swiss entities. As such, they are accountable for having a firm understanding of the income, balance sheet, off balance sheet and disclosure statements of the entities and the key underlying factors that contribute to the financials and ensuring that all financial data is input into the relevant systems in a timely and accurate manner. This includes regulatory monitoring and reporting.
MAIN DUTIES/RESPONSIBILITIES OF THE ROLE:
Overall duty:
The Accountant has end to end responsibility for the financial and regulatory reporting within the entities. He/ she needs to have an understanding of the risks and controls in the entity, including those maintained in other departments, and prepare timely (i.e. monthly within the closing deadlines) and accurate financial statements.
Besides this functionality, some other duties are included in this role.
Detailed duties and responsibilities:
A) Preparation of financial data for various entities
•Responsible for accurate and timely reporting of financial, regulatory and management information for various entities
•Ensure that financial statements are prepared in compliance with US-GAAP, IFRS or CH-GAAP as required
•Critical review and commentary of the various financial statements and provide information/ commentary as requested
•Ensure maintenance and update of supporting files and reconciliation with financial statements
•Supervision and documentation of accounts and movements on internal accounts/ Perform controls over these accounts
•Ensure sound documentation of closing activities, especially closing corrections
•Review of booking vouchers, ensure completeness and accuracy of booking
•Ensure reconciliation of the financial statements between various applications (i.e. general ledger, other feeder systems or data sources)
•Ensure reconciliation of the month end balances of all accounts from the entity in the account ownership process
•Ensure performance of all Sarbanes-Oxley (SOX) related tasks and preparation of all SOX documentation
•Responsible for the investigation, clearing, commentary and documentation of intercompany differences.
B) Functional expert
•Resolution of issues that are directly or indirectly related to the entities responsible for, issue tracking and documentation
•Involvement in all projects related to the entities responsible for
•Support all peers
C) Team Responsibilities
•Ensure deputy coverage within the team as may be assigned by the Team Head
•Coordination of month end process, reporting and disclosures for all entities responsible for
•Support and share knowledge with other team members
•Keep abreast of accounting and business changes. Implementing accounting and system changes
in coordination with Team Head and Sending Manager.
•Main contact to auditors in Pune
Interfaces:
Direct manager, other departments within financial accounting, consolidation, controlling, management information, accounting policy group, tax department, internal and external audit, treasury department.
REQUIRED SKILLS:
Technical skills
•Banking accounting experience
•Accounting qualification: CA, advanced knowledge, especially in the area of International Accounting Standards and US GAAP
•Advanced MS Excel skills, such as usage of pivot tables or data table analysis
•Professional English language skills, very good level of spoken English strongly required
•MS office tools: Outlook, Internet, Power Point, Word
•Experienced in accounting/controlling software such as People Soft, SAP
Behavioural skills
•Strong communication skills: Ability to comprehensively communicate with internal customers, colleagues and superiors, both face to face and via telephone
•Works independently and takes initiative
•Ability to analyse problems and proactively recognize need for action
•Self-driven and precise work approach
•Highly self-motivated to achieve supreme standards in both quantity and quality
•Integrity and desire to comply with all legal and moral standards
•Service oriented and customer focussed
•Ability to prioritise tasks appropriately and recognise when issues need escalation
WORK EXPERIENCE / BACKGROUND:
Required:
•Certified accountant with practical accounting experience (2-3 years post graduation experience)
•Continuity in curriculum vitae (at least 2 years in last position)
•Banking experience, no general product know-how required
•Experience in multinational organisation (1-2 years).
