Accounting Team Lead

5 - 9 years

5 - 12 Lacs

Posted:2 months ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Heading Job Role Responsible for managing a team that ensures all operations in General Ledger (G/L) process area with expected accuracy and efficiency of the process. Is the owner of G/L reporting. Job Role Description Lead the implementation of the G/L accounting processes with focus on efficiency and accuracy. Initiate & support process improvements that are defined by the Global Process Responsible (GPR). Oversee and manage all day-to-day operations and accurate recording of financial transactions into the general ledger, using appropriate accounting codes and classifications, in compliance with accounting principles, guidelines and US GAAPs and IFRS standards. Ensure preparation of regular -monthly, quarterly, and yearly closing and reporting processes including reconciling accounts, analyzing financial data and journal entries. Cooperate by preparation of various financial reports, including balance sheets, income statements, cash flow statements to support location management decision-making and regulatory compliance. Prepare analyses of financial data and trends. Collaborate with cross-functional teams, incl. business, reporting and controlling to resolve escalated accounting issues. Act as an escalation point of contact. Accountable for all G/L related reports. Manage and constantly train a team of G/L Accountants, responsible for personal development. Required : High school/university degree (MBA preferred) in Business Studies with majors in Finance, Accounting, Controlling or equivalent. At least 5+ years of professional experience, preferably leading Finance/Accounting functions, with a deep understanding of all accounting and financial processes. Experience in transition, migration, standardization of processes and process improvement methodologies, LEAN is an advantage. Effective communication skills with the ability to proficiently convey concepts to customers and other stakeholders.

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