Assistant Manager | F&A Operate: Record to Report

Key Responsibilities:

• Record to Report (R2R) Process Management:

  Oversee the complete R2R process, including preparing and reviewing journal entries, month-end and year-end closing activities, financial statements, and ensuring timely reporting.

• Financial Reporting:

  Prepare accurate financial reports such as

  Balance Sheets

  ,

  Profit & Loss

  , and

  Cash Flow

  statements. Ensure all financial reports meet regulatory requirements and organizational standards.

• Account Reconciliation:

  Lead the process of balance sheet reconciliations, ensuring that all discrepancies are investigated and resolved promptly. Ensure timely closure of open items.

• Month-End and Year-End Closures:

  Assist with month-end and year-end closing processes, including accounting adjustments, accruals, and posting of journal entries. Ensure compliance with internal controls and accounting policies.

• Internal Controls & Compliance:

  Ensure that R2R processes comply with accounting standards (GAAP, IFRS) and company policies. Implement and monitor controls to maintain financial integrity.

• Variance Analysis:

  Assist in preparing variance analysis for income statements, balance sheets, and cash flow, providing detailed explanations for deviations from the budget or forecast.

• Process Improvement:

  Identify and implement improvements in the R2R process to increase efficiency, reduce errors, and enhance the quality of financial reporting.

• Financial Data Management:

  Ensure the accuracy of financial data entered into financial systems (e.g.,

  SAP

  ,

  Oracle

  ). Support the maintenance and enhancement of financial systems.

• Stakeholder Communication:

  Collaborate with internal teams (e.g., tax, audit, and legal teams) to ensure smooth R2R operations. Provide financial data and insights to management and other stakeholders as required.

• Audit & Compliance Support:

  Provide support during audits by preparing required documents and assisting with resolving audit queries. Ensure the timely completion of audit-related activities.

• Team Collaboration & Support:

  Work closely with other departments (e.g., Accounts Payable, Accounts Receivable) to ensure seamless integration of financial data and operations.

• Training & Development:

  Mentor and train junior staff members in R2R processes, accounting practices, and financial reporting systems.

Qualifications and Experience:

• Bachelor's degree

  in

  Accounting

  ,

  Finance

  ,

  Business Administration

  , or a related field.

• 3-5 years

  of experience in

  Record to Report (R2R)

  ,

  financial accounting

  , and

  financial reporting

  processes.
• Strong experience with

  month-end close

  ,

  year-end close

  , and

  account reconciliations

  .

• ERP systems knowledge

  (e.g.,

  SAP

  ,

  Oracle

  ,

  Microsoft Dynamics

  ) is required.
• Familiarity with

  GAAP

  ,

  IFRS

  , and other financial regulations and compliance requirements.
• Exposure to

  internal controls

  and working knowledge of

  audit processes

  .

Skills and Competencies:

• Accounting Knowledge:

  In-depth understanding of

  Record to Report

  processes, journal entries, financial statements, and reconciliation processes.

• Analytical Skills:

  Strong ability to analyze financial data, identify discrepancies, and provide actionable insights for financial management.

• Attention to Detail:

  High level of accuracy and attention to detail, ensuring error-free financial reporting and reconciliations.

• Communication Skills:

  Strong written and verbal communication skills to effectively collaborate with internal stakeholders and senior management.

• Problem-Solving:

  Proactive in identifying issues in the R2R process and implementing solutions to improve efficiency and accuracy.

• Time Management:

  Ability to manage multiple priorities, meet deadlines, and handle high volumes of financial transactions during peak periods (e.g., month-end, year-end).

• Team-Oriented:

  Ability to work effectively in a team environment, guiding and supporting junior team members.

• Process Improvement:

  Focus on continuous process improvement, recommending and implementing enhancements to R2R operations.

Preferred Experience:

• CPA

  or equivalent professional accounting certification is a plus.
• Experience with financial systems optimization, automation, and reporting tools (e.g.,

  Power BI

  ,

  Tableau

  ).
• Familiarity with

  shared services models

  or

  outsourcing

  in finance and accounting operations.
• Experience in industries such as

  manufacturing

  ,

  retail

  , or

  financial services

  , where complex R2R processes are involved.