CFIN R2R Solution Lead
4 weeks ago
This job is with ABB, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
This position reports to
Head of Central Finance
Your role and responsibilitiesWe are seeking an experienced Record to Report (R2R) Solution Lead to lead and mentor a team of Solution Architects responsible for the configuration, optimization, and support of R2R processes within the Central Finance (CFIN) system. In this role, you will oversee the R2R team's day-to-day activities, guide them in resolving complex system issues, and drive continuous improvement of R2R processes across the organization. You will also be responsible for collaborating with key stakeholders to ensure that R2R systems and processes are aligned with business objectives, scalable, and compliant with internal standards. This position requires close coordination with internal teams, including Finance, IS Architecture, and external vendors, to maintain and evolve the R2R architecture, ensuring it meets business needs while adhering to company standards.The work model for the role is: #LI-OnsiteThis role is contributing to the Finance Services business Finance Process Data Systems division in Bangalore, India.You will be mainly accountable for:-Team Leadership & Development: Lead, mentor, and manage a team of R2R Solution Architects, providing guidance on best practices, process optimization, and system configuration. Foster a collaborative, high-performance team culture focused on achieving R2R excellence.-R2R Process Ownership: Oversee the configuration, implementation, and ongoing support of R2R processes within the CFIN system, ensuring processes are optimized and aligned with organizational goals. Key areas include General Ledger (GL) accounting, month-end and year-end closing, financial reporting, consolidation, reconciliations, intercompany accounting, Group Reporting and financial statement. Expertise in Intercompany Matching and Reconciliation & should have good exposure in making Rules/Exposures & locking down the complex scenario to make better ICMR capabilities with more futuristic visibility. Expertise in Balance sheet account reconciliation & how this concept can help us to achieve wider view. Operational visibility based on Hyperion & Financial Management & reconciliations done on various levels. Expertise in managing global & structural level on FSVs: Financial statements -Stakeholder Collaboration: Collaborate with business process owners, IS architects, technical teams, and other key stakeholders to understand business requirements, define functional specifications, and ensure R2R processes integrate seamlessly with other enterprise systems. Ensure alignment between R2R processes and other finance functions (e.g., O2C, P2P, P2D, Data, Treasury, Tax).-Project Management: Lead R2R system initiatives, including upgrades, enhancements, and new implementations, ensuring timely, cost-effective project delivery. Manage timelines, resources, and deliverables, ensuring successful outcomes and stakeholder satisfaction.-System Optimization & Automation: Drive continuous process improvements by identifying opportunities for automation, efficiency gains, and system enhancements within the R2R landscape. Ensure that new solutions meet both business and technical requirements while adhering to industry standards and best practices.-Cross-Functional Coordination: Serve as the primary point of contact between the R2R team and other business processes (e.g., P2P, O2C, Treasury, Tax) to ensure smooth and efficient integration and operational performance. Facilitate coordination with external vendors and service providers to ensure optimal solutions for R2R-related activities.-Quality Assurance & Compliance: Ensure all R2R configurations, processes, and solutions comply with internal finance standards, regulations, and best practices. Oversee testing, documentation, and change management activities for R2R systems and processes. Troubleshooting & Issue Resolution: Lead the resolution of complex R2R-related system issues, escalating critical problems as necessary. Ensure prompt and effective resolution of operational disruptions to maintain system uptime and business continuity.-Performance Metrics & Reporting: Define, monitor, and analyze key performance indicators (KPIs) to assess the efficiency and effectiveness of R2R processes. Provide regular status reports and performance analysis to senior management. Continuous Learning & Knowledge Sharing: Encourage continuous learning and professional development within the R2R team. Stay abreast of emerging trends, technologies, and best practices in financial processes, system management, and R2R process optimization.
Qualifications for the role- Bachelor's or Master's degree in Finance, Computer Science, Information Systems, Business Administration, or a related field. Relevant certifications in R2R, SAP S/4HANA, SAP CFIN, or IT Architecture are preferred.
- 7+ years of experience in R2R process management with a strong background in system configuration and implementation within SAP or similar ERP environments (SAP S/4HANA, SAP CFIN). Proven experience in a leadership or managerial role within R2R or finance transformation teams, with demonstrated success in leading and motivating teams.
- Deep understanding of R2R processes (general ledger, month-end/year-end closing, financial reporting, Group reporting and reconciliation) and their integration with broader financial systems. Strong experience with Central Finance (CFIN), SAP modules, and cross-functional system integration.
- Ability to analyze complex business requirements and translate them into clear functional and technical specifications. Strong problem-solving skills with a focus on R2R process optimization and automation.
- Excellent leadership and team management abilities, with a track record of driving cross-functional collaboration. Effective communication, presentation, and interpersonal skills to interact with stakeholders at all levels.
- Proven project management capabilities, including managing multiple priorities, deliverables, and deadlines. A strong focus on continuous improvement and automation, with a passion for driving innovation within enterprise systems.
- Experience managing relationships with external vendors and third-party service providers to ensure the delivery of high-quality solutions. Ability to adapt to a fast-paced, dynamic environment and manage multiple priorities effectively.
Finance Services is ABB's shared services organization which delivers operational and expert services in Finance, with employees based in five main hubs and front offices, finance service provides mainly Business services to ABB teams across the globe as well as supports with external customer inquiries.We value people from different backgrounds. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStoryIt has come to our attention that the name of ABB is being used for asking candidates to make payments for job opportunities (interviews, offers). Please be advised that ABB makes no such requests. All our open positions are made available on our career portal for all fitting the criteria to apply. ABB does not charge any fee whatsoever for recruitment process. Please do not make payments to any individuals / entities in connection to recruitment with ABB, even if is claimed that the money is refundable. ABB is not liable for such transactions. For current open positions you can visit our career website https://global.abb/group/en/careers and apply. Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning
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