Role Description:

- This role is part of team that provides accounting support and solutions to Principal Financial Group.

- This team consists of several processes like Accounts Payable, Accounts Receivable, General ledger (Reconciliations and Journals support), Reporting, Tax, Control & Compliance.

- This role will lead an accounting team of 15-20 FTE and will be responsible for Day to day operations, Month-end, KPI /SLAs management, Monthly governance, transition/change management, operation excellence, consult and provide solution related R2R/AP/AR/Tax best practices

Reporting Relationship:

This role will report into Associate Director Accounting

Key Responsibilities:

Process:

- Manage accounting operations related to AP, Payroll, fixed accounting, commission accounting process

- Coordinate and support month end and yearend close

- Perform critical review of key processes, journals, reports and validations

- Support audit and finalization processes

- Ensure quality control over all financial transactions and reports

- Support and coordinate with onsite Finance team and business teams

- Manage and plan transitions

- Besides technical process support drive and improve process level SLA/KPIs

People:

- Development and career planning of the teams under their purview

- Develop and implement reward and recognition programs within the BU.

- Drive employee morale and satisfaction

- Attrition management and ensure timely recruitment and training of Associates.

- Work closely with line HR to drive team spirit.

- Communicate, influence and enforce consistent processes and policies across teams

Special projects/ initiative:

- Lead special projects/initiatives within the BU as well as engage in cross BU initiatives.

- Stakeholder relationship management

- Manage client relationship and front end with stakeholders to meet and manage their expectations

- Interface with our US counterparts on a regular basis

- Escalate issues which need their intervention.

- Exchange ideas and share best practices.

The essential skills for this would include:

- 12 years of experience in an offshore finance and accounting function

- Excellent verbal and written communication skills,

- Excellent proven technical accounting skills

- Leadership skills and ability to inspire the team,

- Experience in offshore setup will be added advantage.

Competencies:

- Make sound business decision

- Embrace Change

- Build strong Partnership

- Get results

- Act Strategically

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