Silicon Valley Bank is hiring CA Inter / CPA Inter as Analyst – Expense Accounting- India


Job Title Job Code
Accounting Analyst-India IFINP1
Position this Job Reports To: Department
Manager, Accounting-India Accounting


Role Directly Manages Others If Managing Others:
Yes No
SVB employees Contractors N/A

Position(s) Directly Reporting to this Role Position(s) Indirectly Reporting to this Job



Analyst – Expense Accounting will be primarily responsible for performing finance and accounting activities related to expense accounting (expense accruals, prepaid accounting, compensation & benefits accounting), reconciliation of related accounts, reporting, and supporting internal and external audit as per company policies, procedures and guidelines for SVB. He/she would coordinate with Accounts payable team to ensure all expenses are correctly accounted for. He/she would be required to have excellent accounting knowledge, proficient in system and should have basic knowledge of MS Office.

Essential Functions 90 % of Time

Performs assigned activities required to support Accounting Operations. Works under moderate supervision and has skill set that is applied to the essential functions. Utilizes knowledge/resources to resolve moderate issues, escalates complex problems. General operations functions may include, but are not limited to:
  • General Ledger Processing
  • Prepare and post GL monthly journal entries with detailed supporting documentation to provide a clear audit trail within agreed timelines
  • Support calculation of entries for expense accruals and prepaid
  • Posting journals pertaining to expense accruals, and prepaid entry and amortization
  • Compensation & benefits accounting: Calculation and posting of accounting entries (accrual and true-ups) pertaining to employee benefits, like ESOPs, pensions, medical plans, and other incentive
  • Lease Accounting: Account Lease expenses as per latest GAAP requirements and perform analysis of Operational & Capital Lease
  • Run preliminary trial balance and trending reports and perform variance analysis to identify any anomalies in accordance with policy and guidelines at SVB
  • Ensure accuracy and completeness of documents processed
  • Interact with other teams for open items/ issues arising out of book closure activities


  • Reconcile balance sheet accounts for assigned accounts and generate reconciliation/ certification report
  • Ensure reconciliations of sub ledgers in accordance with procedure and month end close calendar.
  • Escalate variances to business for resolution and facilitate resolution of variances
  • Process authorized adjustments and/or write-offs received and authorized through the journal entry template


  • Creation of Close packet: Extract financial reports, management reports, trial balance and financial statements post-period close completion
  • Review prior period’s financial reporting process and data for a month-on-month data and commentary comparison and identify changes that need to be made to the reporting process
  • Update financial reporting with supplemental financial information received from business
  • Validate quality of reports via data validation, trend analysis, variance analysis, etc., and escalate any identified information requiring business attention and / or resolution
  • Generate and distribute reports for review by business stakeholders and management
  • Respond to queries on reports and facilitate production of additional reporting information to business stakeholders and auditors
  • Supports ad-hoc analysis and reporting

Quality Assurance & SLA Compliance

  • Ensure high level of accuracy in General Ledger
  • Add to the knowledge management databases, particularly regarding resolution of issues
  • Adhere to period-end close SLAs
  • Participate in process improvement initiatives to increase efficiency in general accounting

Internal control and accounting compliance

  • Maintain documents relating to accounting compliance (SOX) and internal controls
  • Ensure compliance with accounting policy

Operational Excellence

  • Execute initiatives related to operational excellence
  • Provide ideas for process improvements

Builds relationships with internal/external customers and collaborates to resolve disputes:

  • Recommends potential process improvements, works with the process itself, and participates in the coordination of efforts. Special Projects as assigned by management 5%
  • Participates in meetings, coaching and other duties as assigned by management 5%


  • Routinely makes impactful decisions and demonstrates high levels of discretion and independent judgment with respect to matters of significance.
  • Routinely makes recommendations that require approval to implement with the occasional decision without approval.
  • Occasionally makes recommendations that require approval; does not make impactful decisions that do not require approval. Routinely follows defined process.


Develops recommendations to improve processes and effectively communicates best practices within team.


  • Demonstrate extensive knowledge related to best practices in Accounting related to expense accounting.
  • Strong knowledge of latest local GAAP requirements (US, German, India), IFRS, SOX, internal controls


  • Excellent written and spoken communications skills
  • Strong analytical skills
  • Efficient and well organized, able to work under tight deadlines
  • Outstanding attention to detail, accuracy, and ability to multitask
  • Comfortable working in standard shift timings of 1 pm to 10 pm IST
  • Ability to be flexible with job duties, scope of work, and shift timings (especially during period-end close)
  • Being innovative and suggesting process improvements and simplification ideas
  • Proven capability to work independently without hand holding and exercising sound judgment & initiative
  • Updated on and has strong understanding of latest IFRS and regional GAAP requirements


  • Accountability
  • Attention to detail
  • Internal /External Customer focus
  • Fostering Teamwork
  • Organization Skills
  • Problem Solving
  • Time management

Required Education and Experience

Education and certifications:

  • Bachelor’s degree in finance or accounting/ CA Inter/ CPA Inter
  • Good knowledge of Microsoft Office (Word, Excel, PowerPoint and Outlook)


  • 1-3 years of experience in Accounting function, with focus on expense accruals, accounting for prepaid expenses, and compensation and benefits accounting
  • Understanding of financial accounting and reporting process
  • Working knowledge of PeopleSoft ERP system (PSGL)

Preferred Education and Experience

  • Education and certifications:
  • Understanding of US GAAP


  • Experience of working in a SSC/ BPO
  • Prior experience with reconciliation tools like CAT, Accurate, Blackline
  • Prior experience with procurement tool like Coupa
  • Experience of working within Banking industry




No travel is expected for this position; or Travel ##% of the time is anticipated; or Travel may be occasionally required

Physical Demands

The employee must have the ability to use a computer keyboard, mouse, calculator, copier/fax machine, scanner and telephone. While performing the duties of this job, the employee is regularly required to talk and hear. Employee must have close visual acuity to perform an activity such as: reviewing and analyzing information; transcribing; and/or viewing a computer screen. Employee may be required to make quick decisions as to when to escalate or directly address a situation, as well as handle the stress of such situations. The work environment is indoors with a majority of time spent sitting at a desk.

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