Accounting Specialist, Global Accounting Services (EMEA)

Accounting Specialist, Global Accounting Services (EMEA)

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.

POSITION PURPOSE

The T. Rowe Price Controller Group is responsible for all financial accounting, accounting operations and related reporting activities across T. Rowe Price Group and its global subsidiaries and branches. As part of our accounting services, we execute global transactions to pay suppliers, manage treasury operations and deliver fee invoices to certain institutional clients. In addition to delivering excellence in our accounting, operational and reporting responsibilities, we work collaboratively with firmwide business partners to deliver high levels of stakeholder service, and act as a responsive and engaged partner to our firm's suppliers, clients, and banking partners.

Role Summary

This role will support our global accounting operations teams in delivering accurate and timely third- party supplier payments, institutional client invoices and treasury activities through collecting transaction data, updating financial subledgers and other systems, preparing and delivering reports to internal stakeholders and delivering excellence in responding to inquiries from internal and external stakeholders.

Principal Responsibilities

Account Payables (40%)

• Global Account Payables processing, Invoice Review and Cash Items.
• Researches and resolves daily items requiring additional information in order to be posted to the general or sub ledgers.
• Monitors mailboxes, answers routine and some non-standard questions from internal and external business partners.
• Tracks accounting data and information needed for identifying risks, patterns, or recurring issues. Provides support for internal and external audit requests.
• Maintains supporting documentation and monitors processes relating to assigned accounting and reporting activities in accordance with department policies and procedures and the applicable regulatory standards. Assists with the development of operating processes to improve record management and team efficiency.
• Works collaboratively with business partners in all efforts.

Revenue (30%)

• Collects data and other information required for the completion of operational accounting activities which support accurate and timely delivery of client fee invoices to external clients. Updates all related systems.
• Produces client data reports used by more senior staff and business partners including, but not limited to, client aging reports used by client service teams. Promptly answers questions related to status and resolution.
• Expedites customer refunds for processing and identifies obstacles which may impede prompt resolution.
• Following established procedures, performs simple calculations/manipulations of data to identify unusual patterns. Within established guidelines, corrects the root cause of unusual patterns; escalates critical issues.
• Supports the implementation of financial system modifications by assisting with user testing, contributing to requirements gathering and documenting process changes.
• Ensuring compliance to internal controls, policies and procedures, SOX controls as well as working with Enterprise Risk Management to develop or update controls, when necessary.

Corporate Treasury (30%)

• Daily bank accounts review, uploads, and postings of transactions.
• CASS review and control.
• Review cash activities in the bank accounts and apply to oracle client accounts and AP subledgers or general ledger.
• Perform bank reconciliations.
• Monthly FX Hedging.
• Raises issues to more senior staff, collaborating to determine issues and aids in an appropriate resolution.

SKILLS / QUALIFICATIONS

• Bachelor's degree or the equivalent combination of education and relevant experience AND 4+ years of total relevant work experience
• Accounting, Finance or related business degree preferred.

Preferred Qualifications

• Strong Excel skills, including the use of vlookup and pivot tables.
• Financial Systems, including general and subsidiary ledgers, experience.
• Strong attention to detail
• Strong time management skills
• Strong interpersonal and communication skills
• Works well independently and in a team environment; comfortable in a matrixed environment; ability to work under pressure to meet deadlines across various stakeholders.
• Knowledge or previous experience in asset management or financial services will be considered an asset.
• Analytical, Adaptable, and highly organized with the ability to handle multiple tasks effectively.
• All round accounting experience will be beneficial.

Commitment to Diversity, Equity, and Inclusion:

We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.

T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, colour, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.