Assistant Manager – Record to Record

Assistant Manager – Record to Record - - - - - - - - - - - -

Key Roles and Responsibilities

Record to Report Operations

• Manage end-to-end R2R activities, including General Ledger accounting, journal entries, accruals, prepayments, reconciliations, and financial reporting.
• Ensure General Ledger transactions comply with Group policies, local statutory requirements, accounting standards, and standard operating procedures.
• Review and approve journal entries, reconciliations, and accounting adjustments to ensure accuracy and completeness.
• Maintain the integrity of financial records and supporting documentation.

Financial Close and Reporting

• Lead month-end, quarter-end, and year-end closing activities, ensuring adherence to deadlines and quality standards.
• Review financial statements, management reports, and supporting schedules.
• Ensure timely and accurate reporting through consolidation and reporting tools such as HFM/SURF or equivalent systems.
• Analyze financial results and investigate significant variances and unusual transactions.

Balance Sheet Reconciliations and Controls

• Oversee preparation and review of balance sheet reconciliations and account substantiation.
• Ensure timely resolution of reconciling items and aging balances.
• Drive compliance with internal controls, accounting policies, and financial governance requirements.
• Identify process risks and implement corrective actions to strengthen the control environment.

Fixed Assets, Intercompany, and Inventory Accounting

• Oversee fixed asset accounting activities, including capitalization, depreciation, asset transfers, and disposals.
• Review and reconcile intercompany transactions and balances, ensuring timely issue resolution and settlement.
• Ensure accurate accounting and reconciliation of inventory balances and Cost of Goods Sold (COGS).
• Support revenue recognition activities in compliance with IFRS/GAAP requirements.

Audit and Compliance

• Coordinate and support internal and external audits by ensuring timely availability of documentation and responses.
• Ensure compliance with IFRS, GAAP, local statutory requirements, and company policies.
• Monitor audit observations and drive closure of corrective actions.

Process Improvement and Automation

• Identify opportunities for process standardization, simplification, and automation within the R2R function.
• Lead continuous improvement initiatives to enhance efficiency, accuracy, and service delivery.
• Support implementation of automation solutions, ERP enhancements, and transformation projects.
• Drive best practices across accounting and reporting processes.

Stakeholder and Team Management

• Partner with Business Finance, FP&A, Tax, Treasury, Supply Chain, Shared Services, and external stakeholders to resolve accounting and reporting issues.
• Act as a key contact for escalations related to financial reporting and accounting matters.
• Support, coach, and mentor team members to enhance capability and performance.
• Foster a culture of accountability, continuous learning, and process excellence.

Educational Requirements

• CA / CMA / CA Inter preferred.
• Bachelor's or Master's Degree in Accounting, Finance, Commerce, or Business Administration.
• Professional accounting qualification will be an added advantage.

Work Experience

• Minimum 3 -5 years of experience in General Ledger, Record-to-Report, or Financial Accounting functions.
• Experience in Shared Services, Global Business Services, or Business Process Outsourcing, Global Capabilities Center (GCC) environments is preferred.
• Experience in managing month-end close, financial reporting, audits, and stakeholder interactions.

Required Competencies

• Strong knowledge of General Ledger accounting and Record-to-Report processes.
• Sound understanding of IFRS, GAAP, and financial reporting requirements.
• Strong analytical, problem-solving, and financial review skills.
• Excellent stakeholder management and communication skills.
• Ability to manage multiple priorities and work under tight deadlines.
• Strong attention to detail and commitment to accuracy.
• Leadership and team development capabilities.
• Continuous improvement mindset with a focus on controls and operational excellence.

Preferred Skills

• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics Business Central, or similar platforms .
• Experience with financial reporting and consolidation tools such as HFM, Hyperion, OneStream, or BlackLine .
• Advanced proficiency in Microsoft Excel, Word, and PowerPoint .
• Exposure to process automation, RPA, Power BI, and digital transformation initiatives.