Expense Accounting Specialist
This is a specialist role focused on mastering our client’s expense allocation process. In this position, you will partner closely with the current specialist, gaining a deep understanding of their responsibilities, reporting requirements, and control framework. The goal of this engagement is to build redundancy and free up capacity during a critical strategic project.
Key Responsibilities
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Learn and manage the client’s existing expense allocation model and related processes.
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Support journal entry creation, validation, and posting to SAP.
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Maintain rigorous accounting controls and reconciliations.
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Collaborate with key stakeholders to deliver timely and accurate expense reporting.
Required Skills & Experience
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Advanced Microsoft Excel expertise – able to navigate, audit, and enhance complex financial models.
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Strong financial modeling and allocation experience – familiarity with waterfall mechanics, allocation methodologies, and cost drivers.
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Journal entry proficiency – creating, balancing, validating, and posting entries.
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SAP experience – preferably R/3 or S/4HANA, including GLSU knowledge.
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Experience with complex accounting controls and reconciliations.
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Excellent collaboration and communication skills for cross-functional engagement and reporting.
Model Overview
The current model consists of three interlinked Excel files that intake detailed actual expenses and process them through a series of allocation waterfalls to produce fully allocated expense results. These outputs generate journal entries that post directly into SAP.
Education
An ideal candidate will have an educational background that blends accounting, financial modeling, and cost allocation principles—comparable to the development of overhead application rates covered in cost or managerial accounting courses.