Job Description: Finance Operations Leader- R2R
Record to Report • Consolidation • Management Accounting • Audit Support
Department Finance & Accounting – Record to Report (R2R)
Industry background Shared Services, Global Capability Centers (GCC), BPO/BPM, or Manufacturing
Qualification CA/CMA
Location Bangalore
Experience 15 – 20 Years
Shift Requirement Flexible in multiple shifts, including Night Shift
Job Purpose
The R2R Tower Lead will own end-to-end Record to Report operations for the organization, driving accurate and timely month-end close, group consolidation, and balance sheet governance across all entities. The role requires strong technical accounting expertise, proactive balance sheet risk management, and close coordination with controllers, business finance teams, external auditors, and global stakeholders across time zones, including support during night shifts.
Key Responsibilities
1. Month-End Close & Consolidation
- Own the end-to-end month-end, quarter-end, and year-end close process, ensuring all deadlines and SLAs are met.
- Drive group-level consolidation of financial statements across entities, ensuring accurate intercompany eliminations and adjustments.
- Review journal entries, accruals, provisions, and reclassifications prepared by the team for accuracy and completeness.
- Ensure close activities comply with US GAAP/IFRS/Ind AS (as applicable) and internal accounting policies.
- Partner with FP&A and business finance teams to explain variances and ensure consistency between reported numbers and management accounts.
2. Management Accounting
- Support preparation of management accounts, cost center reporting, and profitability analysis for leadership review.
- Review and validate allocations, cost bookings, and inter-unit charges for accuracy.
- Provide analytical commentary on key financial movements to support business decision-making.
3. Balance Sheet Governance
- Own the accuracy, completeness, and timely preparation of all balance sheet schedules and reconciliations.
- Proactively identify balance sheet risks (aged items, unsupported balances, unusual movements) and drive timely resolution.
- Maintain a balance sheet risk tracker and present risk status and mitigation plans to leadership on a periodic basis.
- Ensure open items, suspense accounts, and unreconciled balances are cleared within defined timelines.
4. Audit Support & Compliance
- Act as the primary point of contact for statutory, internal, and client audits related to R2R processes.
- Prepare and review audit schedules, supporting documentation, and evidence to ensure audit-ready records.
- Coordinate with external auditors and internal control teams to close audit queries and observations within timelines.
- Drive remediation of audit findings and strengthen internal controls to prevent recurrence.
5. Team & Stakeholder Management
- Lead and mentor the R2R team, ensuring adequate coverage across multiple shifts, including night shifts, to support global stakeholders.
- Set clear performance goals for the team and drive process discipline, quality, and turnaround time.
- Build strong working relationships with controllers, business unit finance heads, and global process owners.
- Identify and drive process improvement, standardization, and automation opportunities within the R2R tower.
Qualifications & Experience
- Qualified Chartered Accountant (CA) or Cost & Management Accountant (CMA).
- 15–22 years of progressive experience in Record to Report, with a strong focus on consolidation, month-end close, and management accounting.
- Industry background in Shared Services, Global Capability Centers (GCC), BPO/BPM, or Manufacturing environments preferred.
- Proven experience owning balance sheet governance, including schedule preparation and risk identification, in a shared services or GCC/BPO environment.
- Strong exposure to statutory, internal, and client/external audit support and closure.
- Experience managing teams operating across multiple shifts, including willingness to work night shifts to support global time zones.
- Hands-on experience with ERP/consolidation platforms such as SAP, Oracle, Hyperion, or equivalent systems.
Skills & Competencies
- Strong technical command of consolidation, month-close, and management accounting principles.
- Sound judgment in identifying and prioritizing balance sheet risks, with a structured approach to resolution.
- Ability to prepare and review complex balance sheet schedules with a high degree of accuracy.
- Strong audit orientation, with the ability to manage multiple audit stakeholders simultaneously.
- Excellent stakeholder management skills — controllers, business finance, auditors, and global leadership.
- Strong people leadership skills, with the flexibility and resilience to lead teams across rotating and night shifts.
- Advanced proficiency in MS Excel and ERP/consolidation tools for data analysis and reporting.
