Record To Report Process - BPO

Record to Report (R2R) process

- Manage the financial accounting and reporting process and review the preparation of financial accounting analysis and general entries to understand the clients operations

- Ensure period end close activities are performed according to agreed close schedules and that accounting policies are in compliance with GAAP and stated company norms

- Work closely with accounts payable and receivable departments to understand business transactions and ensure they are processed and accounted for in appropriate categories accurately

- Oversee transactions, understands variances and proactively identifies potential problems to streamline and improve productivity and accuracy of the processes

- Ensure process governance including regular reporting and analysis to key stakeholders - communicate with internal stakeholders on a regular basis to discuss operational issues, key metrics, CTQ's

- Review and analyse the team's output for appropriate accounting treatment, completeness and accuracy related to general accounting

- Review preparation of monthly, quarterly and yearly forecasting, and working closely with finance controllers to prepare the budget for the year

- Audit and monitor key process indicators and metrics to identify process inefficiencies and recommend solutions in compliance with stated company policies

- Manage customer relations to ensure all disputes and inquiries are handled and resolved within the terms of the SLA- s

- Act as point of escalation to resolve accounting and reporting related issues in a timely manner and ensure all queries are dealt with correctly and efficiently

- Evaluate and recommend enhancements to systems or other processes to maximize the use of information system resources to develop comprehensive reporting models

- Promote continuous improvement through best practices, and recommend and implement process improvement initiatives to drive efficiencies

- Provide day to day management of the cross functional team in assigning and monitoring deliverables, and motivating and leading the teams to enhance performance and work product

- Develop the team through effective performance management and monthly appraisals