Associate Manager, Accounting

About Russell Investments, Mumbai:

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 89-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is Top 12 Ranked Consultant (2009-2024) in P&I survey 2024 with $906 billion in assets under advisement (as of December 31, 2024) and $331.9 billion in assets under management (as of March 31, 2025) for clients in 30 countries.

Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai and opened its office in Mumbai, India in June 2023.

Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to participate in the operations, technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firms growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.

We are seeking an experienced professional for the role of Associate Manager, Accounting to lead and oversee accounting operations for our centralized team in India. Based in Mumbai, this role will report directly to the Senior Accounting Manager in the Mumbai and assist in managing a team based in Mumbai. The role will also work closely with the other accounting teams to ensure regional alignment, timely reporting and compliance with global standards. Primary responsibilities will include a mix of ensuring local compliances while participating in a multitude of global accounting activities such as expense recognition, monthly close cycle including currency conversions, allocations, consolidation and eliminations, general ledger preparation, year-end audit support, ensuring timely, accurate processing and work distribution. The role will support local financial compliances related to India entity through preparation for and supporting various monthly, quarterly and annual compliances covering Direct and Indirect taxes and financial regulations including all the audits and coordination for all RIIV Indias legal entity audit, tax and regulatory compliance. The Associate Manager, Accounting will work in complex accounting areas in close coordination with various accounting leaders, lead projects (which may include systems and process implementations), and support and guide the team.

Key Responsibilities

• Prepare information needed for periodic financial / tax compliances related to India entity as well as for annual compliances related to GST, statutory, tax and transfer pricing audits
• Participate in managing month-end close processes such as review of journal entries, reconciliations, consolidation, variance analysis and financial statement and audit support performed by local and regional personnel. This includes effective review of work performed, ensuring deadlines are met, managing productivity, communicating expectations clearly and effectively, following up timely, and preparing evaluations of work performed.
• Perform or review work required in more complex areas of accounting, proactively identify issues and take the lead in their resolution ensuring full follow-through, identify related impacts and coordinate with additional parties as necessary to mitigate risks and ensure compliance with applicable standards.
• Process improvements: Identify and implement process improvements to enhance efficiency and accuracy in accounting operations
• Liaise with business units and legal/compliance to ensure expenses are calculated accurately.
• Lead, train and develop direct reports based in Mumbai, fostering a collaborative, performance-driven culture. This includes goal setting, performance management, professional development and coaching.
• Support implementation of new accounting policies, system enhancements, or business initiatives as needed
• Support year-end audit requirements by liaising directly with internal and external auditors

Qualifications and Experience

• Bachelor's degree in accounting, Finance, or related field; Masters, CPA or CA qualification preferred.
• 5-8 years (with at least 3 years of managerial role) of progressive accounting and compliance experience with strong understanding of accounting and tax fundamentals including US and India GAAP Prior experience in coordinating audits preferred.
• Experience with India financials, tax (TDS, GST, etc) and regulatory requirements and audits
• Prior experience in a process driven and transformational environment preferred
• Experience managing teams with proven ability to lead and develop talent; experience with cross-border teams and developing talent across time zones and cultures is a plus.
• Experience in asset management or financial services industry preferred.
• Proven experience with month-end close processes, journal entries and reconciliations.
• Excellent analytical and storytelling skills with a sharp focus on business relevance and priorities.
• Proficiency with ERP systems, and advanced Excel skills (prior experience in Coda, Cognos BI, Concur, Blackline, Alteryx will be a plus).
• Excellent communication and collaboration skills, with the ability to interact effectively with global stakeholders with a strong sense of ownership and proactive approach.
• Strong organizational skills, attention to detail, and ability to manage multiple priorities in a fast-paced environment.

Why Join Us?

• Be part of a global, high-performing finance organization.
• Gain exposure to complex investment products and international operations and related accounting nuances.
• Participate in reporting of global financials
• Work in a dynamic, collaborative, and learning-oriented environment.