Finance Manager - GL Accounting

Experience (years):

11 to 16 years of experience.

Location:

Mumbai (Airoli) and Bangalore

Working Hours:

8.5 hours / day (APAC Shift)

Role Summary:

The Finance & Accounting Manager is responsible for overseeing the financial operations of the organization, ensuring accurate reporting, compliance with regulatory standards, and effective financial planning

Essential:

• Strong knowledge of accounting principles (GAAP, IFRS), general ledger management, and month-end/year-end closing processes
• Strong attention to detail, organised and results orientated
• Good working knowledge of Finance processes
• Excellent verbal and written communication skills
• Exposure to SAP Finance & relevant modules
• RTR process re-engineering and project management skills
• Good working knowledge of Microsoft office

Overall Project/Task description

• Manage routine accounting activities including AP, AR and RTR
• Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
• Supervise GL entries, reconciliations, and ensure accuracy of financial data
• Ensure timely processing of vendor payments and customer collections
• Oversee accounting for inventory, fixed assets, and depreciation
• Strong hands-on experience in SAP PS (Project System) and integration with FI (Finance) and CO (Controlling) modules
• Knowledge of settlements (CJ88) from projects to cost centers, assets, or profitability segments.
• Experience with internal orders, cost centers, and profit centers in SAP CO.
• Work with revenue recognition methods in SAP (percentage of completion, completed contract)
• Ensure adherence to financial regulations, tax laws, and internal policies
• Act as a financial advisor to operations, providing insights and recommendations
• Prepare customized financial reports for internal stakeholders, including department heads and senior management
• Prepare and support internal and external audits, ensuring timely responses and documentation
• Establish and monitor internal controls to safeguard company assets and ensure data integrity
• Identify inefficiencies and lead automation
• Manage and mentor finance staff, fostering a culture of accountability and continuous improvement
• Act as a financial advisor to operations, providing insights and recommendations
• Assist in tracking and reporting financial aspects of environmental, social, and governance initiatives
• Establish clear performance metrics for finance processes (e.g., invoice processing time, reconciliation accuracy)
• Track adherence to agreed service levels across finance functions like AP, AR, GL, and reporting
• Regularly analyze KPI dashboards to assess team performance and process efficiency
• Define clear, measurable goals aligned with business and finance objectives for each team member
• Lead structured performance review discussions with team members, providing feedback on achievements and development areas
• Manage transitions of finance processes to shared services or new platforms, ensuring minimal disruption
• Drive change initiatives, communicate effectively with stakeholders, and manage resistance
• Act as a liaison between finance and other departments to ensure smooth execution of initiatives or implementation

Education:

Preferred Bachelor’s Degree/M.Com/ MBA / Cost Accountant