Senior Manager - General Ledger Accounting - Manufacturing Group - CA

Position: Senior Manager-General Ledger Accounting (Accounting & Finance Shared Services Centre of Leading MNC Manufacturing Group)

Role:

- Lead the General Ledger vertical for multiple Indian entities which are part of the MNC Manufacturing Group operating in India

- Responsible for the Record-to-Report (RTR) function comprising of accurate and timely delivery of GL accounting activities, finalization of books of accounts, reporting as per statute, coordinating, and managing the day-to-day operations of the RTR team for multiple entities

- Manage and develop teams performance, monitor the cost of operations and ensure compliance and controls are in place for all activities of the Finance Shared Services

- Set and manage performance & provide strategic direction, while ensuring smooth delivery of day-today operations for R2R vertical. Also, provide supervision to verticals outside RTR

- Control, monitor and improve the service levels related to the R2R activities

- Responsible for Financial accounting, finalization of books of accounts and reporting as per IND AS for statutory books and IFRS for group reporting

- Manage and supervise team to ensure that the deadlines & deliverables of monthly, quarter and year end close requirements are completed in a timely and accurate manner.

- Prepare consolidated financial accounts including subsidiaries and associated company and effectively establish an integrated accounting and reporting system

- Monitor and review monthly Balance sheet account reconciliations and perform P&L analysis to ensure the integrity of accounts

- Collaborate with auditors to ensure successful audit and compliance with respect to Statutory, Group, Tax, and Internal Audit guidelines

- Ensure tax compliances for all entities in India, which includes TDS and TCS payment, return filing & reconciliations. Provide financial data for Direct and Indirect Tax Assessments

- Ensure compliance with the Internal Control principles and accounting standards. Maintain proper internal controls in FSSC India as per the group's Internal Control Reference framework.

- Manage relationship and liaise with the stakeholders for ensuring alignment on process related activities, changes in process and identifying opportunities to transition more activities to FSSC

- Partner with business and provide value added inputs that would help in achieving business objectives.

- Act as a point of escalation for critical/ complex service issues

- Carry out team management responsibilities in accordance with the organization's policies and applicable laws, including:

- Plan, assign and direct work.

- Appraise performance; provide feedback and coaching, reward, and discipline employees.

- Ensuring that overall delivery of services meets or exceeds agreed KPIs, and SLAs defined and is within a strong internal control framework.

- Ensuring that overall delivery of services meets or exceeds agreed KPIs, and SLAs defined between internal clients and FSSC and is within a strong internal control framework.

- Driving ongoing continuous improvement through LEAN/six sigma, automation opportunities to improve profitability.

Requirements:

- Chartered Accountant with 15+ years of post-qualification experience.

- 12+ years of proven experience in client service function or Captive Finance Shared Services is a distinct advantage. Experience of setting up GL process will be a plus

- Minimum of 5+ years of experience in leading, developing, and coaching team members.

- Expert knowledge of financial accounting and finalisation of accounts

- Hands-on experience of accounting ERP's (preferably SAP) with good knowledge across finance processes (RTR) including best practices, technologies, processes & tools.

- In-depth knowledge of IND AS or IFRS/US GAAP and other accounting / auditing/ reporting standards.

- Ability to think strategically, taking a balanced short and long-term view when solving problems.

- Experience of supervising managers of multifunctional or global teams in the past and ideally worked in an operations environment to deliver high quality outcomes and results.

- Experience working for a multinational organization and working with colleagues internationally.

- Excellent stakeholder engagement skills and ability to communicate effectively.

- Experience in SAP

- Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

- Experience in managing people and processes through a sustained period of change

- Strong written & oral communication skills in English

- Prior experience in managing high transaction volumes, with good knowledge of associated controls and procedures, and in managing and leading teams for service delivery

Location: Mumbai

This position is for a Client of Vertex Corporate Services which is an Accounting & Finance Shared Services Centre of Leading MNC Manufacturing Group