Vice President, Accounting Department in Bengaluru at Ocwen Financial Corporation

Date Posted: 5/6/2020

Job Snapshot

Job Description


Position Summary:

The incumbent will be responsible for the financial statements of the company, including maintaining the Financial records, Day to day accounting, Reporting statutory, Monitoring Procure to pay, overseeing Expense management and other compliances. This role will also establish and maintain a strong control environment to ensure accuracy of financial information and compliances.

Job Functions and Responsibilities:

•Summarize and report the statement of operations, financial position and changes in financial position and other financial information related to Ocwen to both internal and external customers
•Partner and collaborate with Business Partners and Accounting & Reporting Controllers, business/finance contacts and Subject Matter Experts to understand and resolve the US GAAP technical requests and queries and provide leadership accordingly
•Review of primarily financial instruments and transfer related accounting issues
•Lead the Center of Excellence for Procure to Pay function, and Expense Management. Collaborate and review accounting and reporting Memos prepared by Controllers
•Coordinate with business partners (e.g., Controllers, Financial Reporting, etc.) to identify, develop and communicate additions or updates to accounting policies
•Regularly compile updates and formulate opinions on emerging accounting issues for discussion with the CAO
•Participate in the accounting and reporting functions for Ocwen
•Ensure monthly closing process and account reconciliations are completed within the preset timelines
•Devise processes to cut down close timelines by process improvements and automation of information flow from the source to the accounting systems
•Working with the tax team to ensure regulatory compliances
•Assist in the development and maintenance of a system of internal controls that are Sarbanes-Oxley compliant
•Support Company's other functions within the Finance umbrella- such as Financial Reporting, Tax, Treasury, FP&A, Internal Audit, Corp Strategy, etc
•Supervise completion of monthly reports to management
•Support management and business units through the preparation of analytical reports, trend and variance analysis
•Direct and participate in special projects & process re-engineering efforts
•Facilitate cost optimization through process improvements and providing inputs to management
•Liaise with the internal and statutory auditors to provide timely and accurate information
•Leading the preparation of financials statements of the company under statutory framework of various laws



• CA with 16 to 20 years of experience in finance and accounting domain
• In-depth Knowledge of US GAAP accounting
• In-depth knowledge and strong exposure of scrutinization of general ledger and accrual process
• Supervision of accounts payable function
• Strong knowledge of fixed assets Accounting and maintenance of fixed assets register and records
• Ability to lead Payroll function and related compliances
• A successful track record of developing strong relationships across a broad range of leadership functions allowing the person to effectively influence and effect change
• Must have very strong written and verbal communication skills, with the ability to clearly and concisely translate technical accounting terms into simpler form
• Must have a demonstrated and proven ability to multi-task and meet deadlines in a fast-paced deadline-driven and constantly changing environment
• Strong people management, leadership and interpersonal skills

Leadership Attributes:

•Integrity – always do the right thing
• Judgment – effectively deal with the gray
• Transparency – open and honest communication; early escalation; no hidden agendas
• Respect – treat others with dignity and be respectful
• Resiliency – tolerate dynamic conditions without undue frustration
• Pragmatic – stay calm, act with focus and purpose, even when facing challenge and uncertainty
• Passion – demonstrate positive excitement and conviction for what you do and needs to get done
• Ownership – take responsibility for everything in your organization even when it’s not your fault
• Self-Motivation – personal drive to achieve, commitment to personal / organizational goals, initiative to act on opportunities and challenges, and optimism in the face of set-backs
• Hunger – willing to throw head, heart and hands into the job
•Humility – don’t have to be the smartest person in the room, give credit to others, willing to do any job to help the organization or team succeed
• Desire to Win – super competitive yet understand that the competition is outside the building
• Empathy – the ability to discern what someone else is thinking or feeling and then responding in some appropriate way
• Independent Thinker – analytical, the ability to make sense of things based on one’s experiences and observations; not flustered by criticism or challenge and willing to stand for convictions
• Intellectual Curiosity – passion for continuous learning and understanding “why”

Ocwen is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity & Inclusion ensures that we are an organization that creates, promotes and sustains an inclusive work environment in which diversity, inclusiveness and respect are integral parts of our culture and work environment. Building the reputation as an outstanding place to work, a great business partner and a valued community member is our everyday endeavor.

Ocwen’s mission is to delight our customers through caring service and innovative lending solutions. We proudly serve over 1.3 million families with their mortgage needs by helping to find real solutions that benefit our customers and help to build stronger communities. Helping Homeowners is What We Do!®

Consider an opportunity to join our global team and put “Caring in Action” while growing your career.

Ocwen and its subsidiaries are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Primary Location: IN-KA-Bangalore
Work Locations:
Bangalore Pritech 2 (PTECH-2)
Pritech SEZ Park, Block Number 12
5th Floor B Wing and 6th Floor A WingBellandur Village, Sarjapur Marathahalli Ring Road
Bangalore, 560103

Job: Accounting and Finance
Organization: India Business Unit
Schedule: Regular
Job Posting: May 6, 2020, 4:22:13 PM


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