About this role
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 processesStrong attention to detail, organised and results orientatedGood working knowledge of Finance processesExcellent verbal and written communication skillsExposure to SAP Finance & relevant modulesRTR process re-engineering and project management skillsGood working knowledge of Microsoft officeOverall Project/Task description
Manage routine accounting activities including AP, AR and RTREnsure timely and accurate preparation of monthly, quarterly, and annual financial statements.Supervise GL entries, reconciliations, and ensure accuracy of financial dataEnsure timely processing of vendor payments and customer collectionsOversee accounting for inventory, fixed assets, and depreciationStrong hands-on experience in SAP PS (Project System) and integration with FI (Finance) and CO (Controlling) modulesKnowledge 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 policiesAct as a financial advisor to operations, providing insights and recommendationsPrepare customized financial reports for internal stakeholders, including department heads and senior managementPrepare and support internal and external audits, ensuring timely responses and documentationEstablish and monitor internal controls to safeguard company assets and ensure data integrityIdentify inefficiencies and lead automationManage and mentor finance staff, fostering a culture of accountability and continuous improvementAct as a financial advisor to operations, providing insights and recommendationsAssist in tracking and reporting financial aspects of environmental, social, and governance initiativesEstablish 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 reportingRegularly analyze KPI dashboards to assess team performance and process efficiencyDefine clear, measurable goals aligned with business and finance objectives for each team memberLead structured performance review discussions with team members, providing feedback on achievements and development areasManage transitions of finance processes to shared services or new platforms, ensuring minimal disruptionDrive change initiatives, communicate effectively with stakeholders, and manage resistanceAct 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