Senior Manager - Records To Reports (Financial Reporting)

Position Overview:

The Head of Record to Report (R2R) is responsible for overseeing the end-to-end financial reporting process, ensuring accurate and timely delivery of financial statements, accounting close, and reporting functions. This leader will manage a team and work closely with other departments, ensuring that financial transactions are recorded, processed, and reported in compliance with legal regulations, company policies, and financial standards.

Key Responsibilities:

• Leadership and Management:
• Lead, mentor, and develop the Record to Report (R2R) team to ensure effective execution of the financial close process.
• Oversee and manage the day-to-day operations of the R2R process, ensuring accuracy and timeliness in month-end, quarter-end, and year-end closing activities.
• Drive process improvements to optimize the R2R function and enhance efficiency.

• Financial Reporting and Costing:

• Preparation of plant level financials and consolidation of financial statements in accordance with local GAAP, IFRS, or other applicable standards. Ensuring proper valuation of inventory and consumption reflecting in the financials.
• Review financial reports for accuracy and completeness, ensuring compliance with internal controls, tax regulations, and accounting standards. Support F&A head on auditing.
• Prepare variance analysis and provide insights to senior management on financial performance.

• Process Improvement:
• Lead the implementation of process automation tools to enhance the R2R process, reduce manual work, and improve accuracy.
• Evaluate and refine financial close procedures to ensure timely and efficient reporting.

• Stakeholder Engagement:
• Act as the key liaison between finance teams and other departments (such as tax, treasury, and operations) to ensure seamless financial reporting and compliance.
• Ensure effective communication and coordination with external auditors during the annual audit process.

• Compliance and Governance:

• Ensure R2R processes and reporting comply with all relevant regulations, accounting standards, and internal policies.
• Ensure timely submission of financial reports to senior management, stakeholders, and regulatory bodies.

• Strategic Initiatives:
• Contribute to strategic decision-making by providing accurate financial insights and reports to senior management.
• Lead cross-functional projects to improve the financial close process and reporting accuracy.

Qualifications:

• Education:
• Chartered Accountant / Cost and Management Accountant

• Experience:
• At least 10+ years of experience in financial accounting, with a minimum of 5 years in managing Record to Report functions of Manufacturing set up
• Strong experience in financial reporting, consolidation, and month-end/year-end closing.
• Proven track record of leading teams in a fast-paced, high-volume environment.

• Skills & Competencies:

• Strong understanding of financial reporting standards (IFRS, GAAP, etc.).
• Exceptional analytical, problem-solving, and organizational skills.
• Excellent communication and interpersonal skills, with the ability to collaborate across departments.
• Strong project management skills, with the ability to handle multiple tasks and meet deadlines.
• Experience SAP HANA.
• Proficiency in Microsoft Office, particularly Excel.