Senior Financial Accountant

This is a senior accounting position responsible for overseeing the complete Record to Report (R2R) process, including preparing and reviewing journal entries, month-end and year-end closing activities, financial statements, and ensuring timely reporting.

• Financial Statement Preparation: Prepare accurate financial reports such as Balance Sheets, Profit & Loss, and Cash Flow statements. Ensure all financial reports meet regulatory requirements and organizational standards.
• Account Reconciliation: Lead the process of balance sheet reconciliations, ensuring that all discrepancies are investigated and resolved promptly. Ensure timely closure of open items.
• Closing Activities: Assist with month-end and year-end closing processes, including accounting adjustments, accruals, and posting of journal entries. Ensure compliance with internal controls and accounting policies.
• Internal Controls & Compliance: Ensure that R2R processes comply with accounting standards (GAAP, IFRS) and company policies. Implement and monitor controls to maintain financial integrity.
• Variance Analysis: Assist in preparing variance analysis for income statements, balance sheets, and cash flow, providing detailed explanations for deviations from the budget or forecast.
• Process Improvement: Identify and implement improvements in the R2R process to increase efficiency, reduce errors, and enhance the quality of financial reporting.
• Financial Data Management: Ensure the accuracy of financial data entered into financial systems (e.g., SAP, Oracle). Support the maintenance and enhancement of financial systems.
• Stakeholder Communication: Collaborate with internal teams (e.g., tax, audit, and legal teams) to ensure smooth R2R operations. Provide financial data and insights to management and other stakeholders as required.
• Audit & Compliance Support: Provide support during audits by preparing required documents and assisting with resolving audit queries. Ensure the timely completion of audit-related activities.
• Team Collaboration & Support: Work closely with other departments (e.g., Accounts Payable, Accounts Receivable) to ensure seamless integration of financial data and operations.
• Training & Development: Mentor and train junior staff members in R2R processes, accounting practices, and financial reporting systems.

To be considered for this role, you should have:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 3-5 years of experience in Record to Report (R2R), financial accounting, and financial reporting processes.
• Strong experience with month-end close, year-end close, and account reconciliations.
• ERP systems knowledge (e.g., SAP, Oracle, Microsoft Dynamics) is required.
• Familiarity with GAAP, IFRS, and other financial regulations and compliance requirements.
• Exposure to internal controls and working knowledge of audit processes.

The ideal candidate should possess:

• Accounting Knowledge: In-depth understanding of Record to Report processes, journal entries, financial statements, and reconciliation processes.
• Analytical Skills: Strong ability to analyze financial data, identify discrepancies, and provide actionable insights for financial management.
• Attention to Detail: High level of accuracy and attention to detail, ensuring error-free financial reporting and reconciliations.
• Communication Skills: Strong written and verbal communication skills to effectively collaborate with internal stakeholders and senior management.
• Problem-Solving: Proactive in identifying issues in the R2R process and implementing solutions to improve efficiency and accuracy.
• Time Management: Ability to manage multiple priorities, meet deadlines, and handle high volumes of financial transactions during peak periods (e.g., month-end, year-end).
• Team-Oriented: Ability to work effectively in a team environment, guiding and supporting junior team members.
• Process Improvement: Focus on continuous process improvement, recommending and implementing enhancements to R2R operations.