1.End-to-End R2R Process Ownership
Manage the complete R2R process, including journal entries, general ledger (GL), fixed assets, intercompany accounting, reconciliations, and financial reporting.
Ensure the timely and accurate execution of monthly, quarterly, and annual financial closings.
Align R2R processes with global standards, accounting principles (GAAP/IFRS), and internal controls.
2.
Team Management & Leadership
Lead and manage a team of accountants or finance analysts (onshore/offshore).
Oversee task allocation, productivity, and team development through regular coaching and performance reviews.
Ensure team members are trained on accounting policies, systems, and processes.
3.
Financial Reporting & Compliance
Ensure accurate preparation of financial reports and statements for internal and external stakeholders.
Oversee statutory reporting, regulatory submissions, and compliance with SOX or other audit requirements.
Coordinate with external auditors and internal audit teams during financial and operational reviews.
Manage GL integrity, including review and approval of journal entries, accruals, and reclassifications.
Oversee month-end and year-end close activities to ensure timely financial consolidation.
Maintain and monitor chart of accounts for accuracy and consistency across entities.
5.
Intercompany & Fixed Assets Accounting
Ensure accurate recording and reconciliation of intercompany transactions and balances.
Oversee the lifecycle management of fixed assets – acquisition, capitalization, depreciation, and disposal.
6.
Reconciliations & Controls
Supervise the preparation and review of balance sheet account reconciliations.
Ensure proper documentation and resolution of reconciling items.
Monitor internal control effectiveness and ensure audit readiness.
7.
Process Improvement & Transformation
Identify and implement opportunities for process standardization, automation (e.g., BlackLine, RPA), and efficiency.
Drive continuous improvement initiatives and contribute to transformation programs.
Maintain up-to-date documentation of R2R processes, SOPs, and workflows.
Act as the point of contact for finance leaders, controllers, and business units for R2R service delivery.
Collaborate with other finance towers (P2P, O2C), tax, treasury, and IT to ensure end-to-end financial process alignment.
Conduct regular governance meetings and service reviews with key stakeholders.
9.
Performance Monitoring & Reporting
Track and report key performance indicators (KPIs) such as close cycle time, reconciliation accuracy, and reporting timeliness.
Analyze trends, exceptions, and SLA performance to drive improvements.
Present insights and dashboards to senior management.
10.
Risk & Compliance Management
Ensure compliance with corporate policies, SOX controls, and global accounting standards.
Support risk assessments and implement corrective actions for identified gaps.
Ensure proper documentation and audit trails for all financial activities.