Posted:-1 days ago|
Platform:
Work from Office
Full Time
Strategic Vision Development: Develop and articulate a strategic vision for the Record to Report (R2R) function, ensuring alignment with organizational objectives. Implement best practices to achieve excellence in financial reporting and consolidation through process standardization and leveraging digital transformation and cost-effective automation.
- Governance Framework: Design and enforce a comprehensive governance framework for financial statement preparation, consolidation, and reporting activities. Establish clear policies, service level agreements (SLAs), and key performance indicators (KPIs) to ensure compliance with internal controls and financial regulations. Lead periodic risk assessments and implement controls to mitigate risks related to regulatory compliance and data accuracy.
- Leadership and Mentorship: Lead, mentor, and develop the R2R team, fostering a high-performance culture that focuses on accuracy, efficiency, and compliance with financial policies and regulations. Oversee the harmonization of R2R processes across business units to achieve operational excellence and monitor performance metrics like reporting timelines, reconciliation accuracy, and audit readiness to ensure continuous improvement.
- Month-End Close and Escalation Management: Ensure successful month-end close processes, including accurate accruals, reconciliations, and alignment between subledgers and the general ledger. Serve as the primary escalation point for R2R-related issues, high-value transactions, and cross-functional conflicts.
- Team Development and Stakeholder Engagement: Lead and nurture a high-performing R2R team. Collaborate closely with business unit finance heads, treasury, IT, and other stakeholders to drive alignment and build effective cross-functional partnerships. Promote accountability, innovation, and excellence in service within the team.H7
- Reporting Framework Ownership: Own the R2R reporting framework, including management information systems (MIS), dashboards, and KPI reports for financial statement preparation and consolidation. Analyze trends, deviations, and root causes to gather insights for leadership reporting and decision-making. Present performance and strategic updates to senior leadership, the CFO's office, and relevant cross-functional forums.
- Optimization Initiatives: Spearhead initiatives to optimize financial reporting systems and consolidation workflows. Develop and implement standard operating procedures (SOPs) for accuracy, efficiency, and compliance with regulatory requirements. Introduce advanced ERP and automation technologies to improve process efficiency and reduce manual interventions. Maintain strong relationships with internal and external stakeholders to ensure effective communication and collaboration.
- Talent Development: Drive talent development initiatives and provide training programs to foster a highly skilled, motivated, and agile R2R team. Promote continuous learning and professional growth within the team to adapt to evolving business demands and ensure operational excellence.
Jindal Steel Limited
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