Head - Specialized Accounting - F&A Process - BPO

Requirements:

- CA (1998-2004 batch)

- Heading F&A processes (r2r, p2p & o2c)

- Exp. in Transition & Migration of Accounting processes

- Exp.in Solutioning of the process

- Operations background is needed

Job Description :

- To transition, stabilize and improvise record to report, procure to pay and order to cash activities of all verticals that fall under Global Finance COE and ensure delivery of specified objectives - relevant, timely and accurate reporting of financial management information to internal and external stakeholders.

Roles Framework (KPI) :

Delivery Management:

- Benchmark practices with the best

- Create global CoEs

- Management of long-term functional objectives

- Resource prioritisation

People Management:

- Role model excellence

- Build capabilities based on long-term objectives

- Manage talent, plan succession and develop potential

- Identify and develop career paths to build talent

5- Build a continuous learning culture

Stakeholder Management:

- Influence & build long-term relationships

- Identify, design and implement sustainable solutions

Foresight

:- Drive a compelling medium to long term vision

- Anticipate/plan opportunities and challenges

Change Management:

- Provide inputs on change triggers

- Communicate and drive buy-in for change

- Eliminate obstacles

Organisational Perspective:

- Lead organisational projects

- Safeguard/drive credibility and reputation

Principle Accountabilities

Responsibilities Overall :

- Own and deliver finance migration targets for the global finance COE.

- Lead workforce of 140 - 150 team members across R2R, O2C and P2P.

- Work with the Business Transformation team in scoping activities for the finance migrations.

- Stabilise successful migration and improve process efficiencies.

- Ensure adherence to the agreed SLA with the internal stakeholders for all finance operations.

- Review complex management accounts as agreed with the internal stakeholders.

- Build, develop and retain capabilities within the team to achieve the stated goals.

- Provide timely, accurate and compliant record to report services including statutory reporting in accordance with local IFRS principles.

R2R :

- Ensure service level agreements and performance targets related to the R2R (record to report) processes are met.

- Produce routine reports, schedules, and summaries for internal & external customers

P2P :

- Accountable for all P2P work streams.

- Supervising timely payments without service impact to vendors.

- Providing meaningful, concise and clear analysis on P2P operations / SLA / deliverables to stakeholders

O2C :

- Strong background in O2C operations with strong experience in process re-engineering, change management and Systems transformation and consolidation.

Relationships :

Subordinates - Day to day interaction with DRs to provide advice on exceptions

- Weekly interactions with DRs to review BAU

- Monthly interactions with all team members to review BAU

Superiors - Day to Day interaction with reporting authority for strategic direction and to provide update on progress

- Fortnightly interaction with the CEO for updates on projects and objectives

Others :

- Fortnightly interaction with stakeholders (senior level) to obtain feedback and consult / update on changes if any.

- Participate and proactively contribute to general management activities of company as a member of the Senior Management Team

Person Specifications :

Education - Essential: Chartered Accountant, Accounting degree ( like CA, CIMA, ACCA etc.)

- Desirable: Degree related to Insurance, MBA, Diploma in IFRS

Experience - 12-15 years+ of experience in finance and accounting functions.

- At least 5-6 years- experience of handling a team size of at least 60 - 100 team members.

- Worked in offshoring and managed F&A transitions in Insurance domain

- Experience setting a shared services set up

- Must have global exposure.

Skills & Abilities - Very strong accounting concepts

- Ability to lead and manage a large team

- Communication and presentation Skills

- Ability to influence

- Attention to details (at a supervisory level where the person has an eye for detail and can get into details as and when required)

- Must be able to multi task