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Job Description

Job Description

Job Summary

The Senior Manager Finance & Accounting leads the development and execution of strategic financial policies and procedures. He/She ensures entity accountability for overall profitability and cost results. This position follows UPS purchasing guidelines and adheres to Generally Accepted Accounting Principles (GAAP). The Senior Manager Finance & Accounting provides financial guidance and support cross-functionally. The position manages the department, providing direction and leadership.

Job Duties

Determines Country Strategy

Works cross-functionally with Senior Managers of Marketing and Sales to establish strategy.
Evaluates strategy to ensure it meets profit and business plan goals.
Develops strategies and initiatives to improve financial performance.

Focuses on Customer

Participates in the Customer Portfolio Management process to provide financial compliance and profitability information.
Establishes relationships with key customers to retain and grow business.
Reviews profitability on key accounts to maintain compliance.

Manages Profit and Business Plan

Establishes and communicates profit and business plan targets to inform business planning.
Monitors and reviews profit and business plan results to identify gaps.
Participates in business planning reviews to report on financial measures and help determine solutions.
Oversees the monthly business plan close to ensure accuracy and timeliness.
Reviews profit and business plan results with the Business Planning Unit and senior manager to determine solutions.
Analyzes and reviews profit impact reports to identify trends, gaps and solutions.

Guides and Educates Team

Ensures monthly country business plan results are reviewed with district business units to understand the financial state of the Country.
Reviews UPS quarterly earnings with the Business Planning Unit, Staff and district business units to determine status versus plan.
Establishes reports to enhance Country financial performance.
Trains Business Planning Unit and Staff on financial principles to ensure proper information is taught.
Ensures financial training is completed with Country business units to educate processes.

Leads And Develops Others

Manages resources and people processes (e.g., Quality Performance Review [QPR], Career Development, Succession Planning, Salary Administration, Training, Staffing, etc.) to ensure the day to day administration of processes and formal procedures.
Identifies individual and team skill gaps and developmental opportunities (e.g., training, special assignments, projects, etc.) to facilitate individual and team development.
Ensures that direct and indirect reports have specific, documented career goals and detailed plans for achieving these goals to advance the development of their personal and professional growth.
Conducts frequent performance evaluations in a consistent, fair, and objective manner to facilitate open communication and encourage continuous performance improvement.
Holds others accountable to established performance levels to achieve individual and group goals and maintain consistent practices across the organization.
Resolves individual and group performance issues in accordance with UPS's policies and procedures in a timely manner to motivate and foster teamwork.
Coaches others and provides on-going feedback and support to improve performance as they take on greater responsibilities.
Identifies opportunities to involve others in new and challenging work assignments that advance the skills and capabilities of individuals and the organization.
Recommends employees for lateral rotations and promotions to provide them with opportunities to develop new skills and take on more responsibility.

Oversees Financial Compliance

Monitors risk and liability exposure (e.g., General Liability, Workers Compensation, etc.) to reduce expenses and minimize property and asset exposure.
Implements preventative and corrective action plans to prepare for internal and external audits.
Researches and validates audit findings to develop corporate responses for auditor review.
Completes statutory reporting to ensure regulatory compliance (e.g., Security Exchange Commission, filings, financial statement management, etc.).
Monitors legal and regulatory changes to identify modifications affecting UPS business concerns (e.g., insurance, contracts, tax, etc.).

Job Specific Competencies

Accounting Knowledge Evaluates compliance to GAAP methods; applies accounting knowledge to complex or unusual contexts; establishes company accounting controls and procedures; anticipates and addresses the impact of new accounting practices.
Establishes Metrics and Performance Tools Creates measurement strategies; demonstrates an advanced ability to establish metrics that drive organizationally-desired performance behaviors; designs long-term evaluation process or measurement plans; establishes balanced scorecards; develops new measurement tools; directs the evaluation and measurement process.
Finance Knowledge Demonstrates an in-depth understanding of complex financial data; understands subtle implications in financial and other business data; creates new methods of financial analysis or business models and solutions; applies advanced principles and concepts in developing actions that support or define strategic direction.
Legal, Regulatory, and Compliance Knowledge Resolves complex, recurring problems; advises others in improving safety and minimizing company risk; adapts organizational procedures or processes to meet new or changed regulations; provides expertise in legal or regulatory compliance issues; identifies compliance policies and procedures for new work environments.

General Requirements

Excellent verbal and written communication skills, with the ability to effectively engage and influence stakeholders at all levels.
Proven ability to analyze complex financial data and translate insights into strategic business decisions.
Demonstrated leadership and team management skills, with a track record of building high-performing teams and driving results.

Education

Certified Chartered Accountant (CA).

Experience

Minimum of 10 years of experience, including a people management role in a multinational (MNC) environment.

Employee Type

Permanent

UPS is committed to providing a workplace free of discrimination, harassment, and retaliation.

Senior Manager- Finance & Accounting (India Small Package)