Financial Management

1 month ago

Mumbai, India NTT DATA Full time

Title: Manager, Financial Management (Asia Pacific)- Record to Report (R2R) Process
Location: Mumbai
Work format: Full time work from office role
Qualifications:
Bachelor‘s degree in Accounting, Finance, or a related field. CPA or equivalent professional certification is a plus.
Experience: 12-18 Years

Skills required:
Strong hands on expertise in the Record to Report (R2R) Process
Proven experience in financial accounting, preferably in a leadership role.
Strong understanding of accounting principles, financial reporting standards, and regulatory requirements.
Strong experience with ERP systems and financial software like SAP FI Module , Blackline and other associated systems is a must have
Strong communication and interpersonal skills.

Job Description:

The Record to Report (R2R) Process Owner is responsible for overseeing and managing the end-to-end financial accounting and reporting processes within the organization. This role involves ensuring the accuracy, completeness, and timeliness of financial data, as well as compliance with relevant accounting standards and regulations.

Key Responsibilities:
Process Management:
Oversee the entire Record to Report processes in APAC, from data entry to financial reporting.
Develop and implement standardized accounting procedures to ensure consistency and efficiency.
Continuously review and improve R2R processes to optimize workflow and reduce errors.

Financial Reporting:
Ensure the preparation and delivery of accurate and timely financial statements.
Collaborate with the finance team to analyze financial data and provide insights to support decision-making.
Stay abreast of changes in accounting standards and ensure compliance with relevant regulations.

Data Integrity:
Implement controls to maintain the integrity of financial data.
Perform regular reconciliations of financial accounts to identify and resolve discrepancies.
Work with cross-functional teams to address data quality issues.

Internal and External Audits:
Coordinate and manage internal and external audits related to R2R processes.
Ensure that audit findings are addressed promptly and that corrective actions are implemented.

Stakeholder Collaboration:
Collaborate with other departments, including finance, risk and compliance, and IT, to streamline processes and improve data accuracy.
Communicate with stakeholders to understand their reporting needs and ensure alignment with organizational goals.

Technology and Systems:
Evaluate and implement financial systems to enhance the efficiency and effectiveness of R2R processes.
Provide training and support to finance and accounting teams on system usage.

Attributes:
Detail-oriented with a focus on accuracy.
Ability to lead and motivate a team.
Proactive in identifying and addressing process improvements.
Strong organizational and project management skills.

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