Manager - Record To Report

Key responsibilities:

1. Service delivery

• Ensure accurate and timely closure of books of accounts on Day 1
• Review and authorize work performed by team members such as journal entries prepared, intercompany transactions recorded and balances are reconciled, Fixed asset requests processed, Bank Reconciliations and financial closing data gathered to assist finance teams, etc.
• Build strong governance over the balance sheet, ensure all schedules are prepared and reviewed. Identify and highlight risks and opportunities.
• Monitor and report KPIs for sub-processes (support for financial accounting and close & reporting).
• Manage escalations from stakeholders and business finance teams and work upon resolving the issues and improving processes to avoid recurrences.

2. Compliance and auditing

• Develop and maintain a strong control environment, implementing and enhancing financial close and consolidation controls in collaboration with local teams, to mitigate risks and ensure compliance with relevant accounting standards (IFRS, Ind-AS).
• Ensure all the necessary reports and sign-offs are performed on a timely basis under the ICoFR framework
• Ensure compliance with accounting policies, and legal requirements for the support provided during the finance close & consolidation cycle.
• Support in timely audit closure by assisting in query resolution.

3. Process improvement

• Ensure smooth transition of processes from other geographies, improve and standardise the processes across all markets.
• Identify opportunities to enhance the efficiency and accuracy of the financial close & consolidation GEC processes.
• Implement standardization and stabilization of various financial close and consolidation GEC sub-processes, with the ability to identify improvement opportunities to minimize errors and reduce manual interventions.
• Collaborate with cross-functional teams (e.g., finance, accounting, audit) to streamline communication and optimize end-to-end financial close & consolidation GEC processes.
• Ensure that all new knowledge and process improvements related to financial close & consolidation are documented and added to SOPs (Standard Operating Procedures) and/or the knowledge management database.

Education and Experience:

• A qualified Chartered Accountant (CA) is a must.
• 2 years of experience in financial close, consolidation, and reporting or a similar role within a finance or accounting function is essential and previous experience in a managerial or supervisory capacity is mandatory.
• Candidates should have a track record of hands-on experience in end-to-end financial close & consolidation.
• Strong understanding of leading practices in RTR is essential and experience in business process re-engineering and optimization will be a plus.
• Experience working in a financial shared services environment or in setting up of a shared service center will be preferred.
• Prior exposure to working with international financial reporting standards (IFRS) and Indian Accounting Standard (Ind-AS) is essential.

Key Skills:

Technical Skills

• Proficiency in using enterprise-level financial software and systems (SAP). Familiarity with MDO Fuse, Anaplan and BPM Solution will be a plus.
• Familiarity with reporting tools such as Tableau, Power BI, QlikSense, Alteryx or other data visualization platforms will be a plus.
• Advanced Microsoft Excel skills, including experience with functions like pivot tables, VLOOKUP, and data manipulation for analysis and reporting.
• Ability to analyze financial data to identify discrepancies and irregularities.
• In-depth knowledge of accounting standards (IFRS, Ind AS) and financial reporting requirements.

Soft Skills

• Candidate should be well versed in English.
• Strong attention to detail, accuracy, and commitment to data integrity.
• Excellent analytical and problem-solving skills to identify issues and propose solutions.
• Effective communication skills to interact with various stakeholders, including finance teams, auditors, and management.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Should have led a team of 8-member team
• Team player with the capability to collaborate across departments, geographies, and cultures.
• Proactive attitude towards process improvement and the ability to drive change.