Accounting Associate

Alternate Job Titles:

• Financial Reporting Associate
• R2R Accounting Specialist
• General Ledger Accountant

We Are:

At Synopsys, we drive the innovations that shape the way we live and connect. Our technology is central to the Era of Pervasive Intelligence, from self-driving cars to learning machines. We lead in chip design, verification, and IP integration, empowering the creation of high-performance silicon chips and software content. Join us to transform the future through continuous technological innovation.

You Are:

You are a detail-oriented professional with a passion for accounting and finance. With over 2 years of proven experience in multi-country R2R administration, you possess a strong knowledge of Europe tax regulations and accounting standards such as US GAAP and IFRS. You thrive in dynamic environments and have a high degree of professionalism, coupled with the ability to handle confidential material sensitively. Your decision-making, problem-solving, and analytical skills are exceptional, and you can seamlessly understand both business needs and the technologies to implement them. You are an effective communicator with good interpersonal, written, and verbal communication skills, and you’re adept at presenting complex financial information clearly.

What You’ll Be Doing:

• Managing end-to-end R2R operations and related compliance activities for Europe entities.
• Performing month-end accruals and other closing deliverables for multiple Europe entities.
• Calculating tax provisions and CIT support.
• Setting up and monitoring recurring journal vouchers in Blackline/SAP.
• Conducting cash forecasting and intercompany revenue forecasting.
• Reconciliating open item GLs of the balance sheet using Blackline.
• Collaborating closely with departments such as AP, Treasury, Payroll, and Tax to minimize disputes.
• Preparing intercompany invoices, posting reconciliations, and clearing accounts.
• Ensuring accuracy of financial report packs through R2R controls.
• Managing year-end statutory filings and closure activities.
• Organizing information and content for R2R functions, including desktop procedures and SOX documentation.
• Participating in ad-hoc projects to improve processes and add value to the R2R organization.

The Impact You Will Have:

• Ensuring timely and accurate financial reporting for our Europe entities.
• Maintaining compliance with statutory regulations and internal controls.
• Streamlining R2R processes to enhance operational efficiency.
• Providing accurate cash and revenue forecasts to inform strategic decision-making.
• Reducing financial discrepancies and disputes through effective collaboration.
• Contributing to the successful completion of audits and statutory filings.
• Supporting mergers and acquisitions with accurate financial data and insights.
• Enhancing the quality of financial reports and analyses provided to management.
• Driving continuous improvement within the R2R function.

What You’ll Need:

• 2+ years of experience in multi-country R2R administration, with a focus on Europe.
• Degree or master’s degree from a recognized university.
• Strong knowledge of Europe tax regulations and accounting standards (US GAAP/IFRS).
• High degree of professionalism and ability to handle confidential material.
• Strong decision-making, problem-solving, and analytical skills.
• Excellent interpersonal, written, and verbal communication skills.
• Ability to understand both business needs and the technologies to implement them.

Who You Are:

You are a proactive team player who supports peers in completing tasks and achieving common goals. You possess a meticulous attention to detail and a commitment to maintaining high standards of accuracy and compliance. You are adaptable and can thrive in dynamic environments, contributing to process improvements and organizational growth. Your strong communication skills enable you to effectively collaborate with various departments and stakeholders, ensuring seamless financial operations.

The Team You’ll Be A Part Of:

You will be a key member of the COE Finance team, responsible for the daily operations of the Record to Report (R2R) processes. Our team is dedicated to ensuring timely and accurate financial reporting, compliance with statutory regulations, and continuous improvement of our R2R processes. We work collaboratively with various departments to achieve these objectives and support the overall financial health of Synopsys.

Rewards and Benefits:

We offer a comprehensive range of health, wellness, and financial benefits to cater to your needs. Our total rewards include both monetary and non-monetary offerings. Your recruiter will provide more details about the salary range and benefits during the hiring process.