Johnson Controls - Director - R2R Service Delivery

A Record to Report Director is a senior-level position responsible for overseeing and managing the entire record to report process for a Segment. Responsible for the timely and accurate performance of the General Ledger process. To execute the operations of the Record to Report on a daily basis so the operational excellence and customer service objectives are realized within the given guidelines and policies.

Responsibilities:

Financial Reporting :

- Oversee the preparation and submission of accurate and timely financial reports, e.g. balance sheets and income statements (including revenue recognition, inventory / plant accounting, of manufacturing / project company). Ensure compliance with US GAAP.

- Understands revenue recognition for milestone-based projects through Percentage of Completion accounting (PoC)

- Revenue recognition for fixed price contract / milestone-based contracts.

Leadership and Management :

- Provide strategic direction and leadership to the record to report team, ensuring quality, efficient and effective operation of the function.]

- This involves managing a team of professionals and overseeing their performance, development, and coaching.

Process Improvement :

- Continuously assess and improve the record to report process, identifying opportunities for automation, streamlining, and standardization.

- Implement best practices and drive process efficiencies to ensure accurate and timely financial reporting.

Close Management :

- Coordinate the month-end, quarter-end, and year-end closing processes, ensuring timely completion of financial close activities and achieve key KPIs.

Internal Controls :

- Develop and maintain a strong internal control environment, ensuring compliance with internal control policies, procedures, and SOX requirements.

- Perform periodic reviews and assessments to identify control gaps and implement remediation plans

- Stakeholder Management

- System Implementation and Upgrade

- Experience in consolidation tools like HFM or One Stream