Posted By
Rubbi
Partner Sourcing- AGI at Live Connections Placements Private Limited
Last Login: 25 October 2024
Posted in
Banking & Finance
Job Code
1350066
Job Description:
The key responsibilities of the Tower Lead :
- Shared Services Industry Experience Necessary
Team Leadership:
- Supervise and lead a team of R2R professionals.
- Set clear goals and expectations for team members.
- Provide coaching, mentoring, and support to team members.
- Monitor and evaluate team performance and productivity.
Financial Reporting:
- Oversee the preparation and review of financial reports, including balance sheets, income statements, and cash flow statements.
- Ensure compliance with accounting standards and company policies.
- Knowledge of Indian accounting standards required
Month-end and Year-end Close:
- Manage the month-end and year-end close processes.
- Ensure timely and accurate financial reporting during these critical periods.
Account Reconciliation:
- Review and approve account reconciliations.
- Investigate and resolve discrepancies or issues in reconciliations.
Process Improvement:
- Identify opportunities for process improvement within the R2R function.
- Implement best practices and efficiency improvements.
Compliance and Controls:
- Ensure compliance with internal controls and financial regulations.
- Work with auditors during financial audits.
Training and Development:
- Provide training and development opportunities for team members.
- Keep the team updated on changes in accounting standards and regulations.
Domain-specific competencies:
- Have deep knowledge of the process, policies and controls in Record to Report like fixed assets, Intercompany, treasury operations, trial balance review, preparation of P&L and balance sheet , FP&A , Reporting ( Management/ Financial and Statutory)
- Prior experience in management of Audit
- Internal and statutory , including statutory authorities will be required .
- Experience in CST/GST working and filing and other statutory filings as required
General Responsibilities/Accountabilities:
- Deliver R2R service in line with agreed controls and procedures to ensure high level customer service and meet/ exceed SLAs
- Ensure effective allocation and monitoring of work
- Manage stakeholders including both internal and external. will act as a point of contact in resolving all issues with internal and external business stake holders.
- Provide reporting and insights on the service to enable value unlock for the business
- Drive transformation projects.
- Engage in innovative and critical thinking in driving process improvements and operational cost reduction and value unlock
- Provide thought leadership in the R2R space creating visibility and extending support as required on our offerings/capabilities and market trends etc.
- Support the overall build and refinement of the practices in Record to Report domain
- Integrate technology with the solutions to provide improved efficiency
- Lead and develop the team, geared towards high quality service delivery
- Responsible for people and performance management. Coaching and mentoring team members while defining their career paths
The successful candidate for Tower Lead :
- Must be a qualified CA/ICWA
- Must have more than 20+ years of PQE
- Must have handled team size of greater than 150 people
- Indian Shared Service experience is preferred
- Must have a shared service experience
- Hands-on experience in SAP, S4hana
- Should demonstrate substantial accounting and leadership experience.
- Exhibits strong technical skills in accounting and financial software.
- Display excellent analytical and problem-solving abilities.
- Show a commitment to process improvement and aligning with strategic goals.
- Communicate effectively, adapt to change, and uphold ethical standards.
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Posted By
Rubbi
Partner Sourcing- AGI at Live Connections Placements Private Limited
Last Login: 25 October 2024
Posted in
Banking & Finance
Job Code
1350066