Deputy Manager - Operations ( Record to Report) - WFO Pune (US Shifts)

• Execute month-end, quarter-end, and year-end closing activities in accordance with timelines.

• Prepare and post journal entries, accruals, and adjustments ensuring accuracy and completeness.

• Perform general ledger reconciliations and resolve open items promptly.

• Support preparation of financial statements and management reports (P&L, Balance Sheet, Cash Flow).

• Ensure compliance with internal controls, accounting policies, and statutory requirements.

• Collaborate with cross-functional teams (FP&A, Treasury, Tax, Procurement, etc.) to resolve accounting issues

• Closing & Reporting - Execute monthly, quarterly, and annual financial close processes in line with corporate timelines.

• Prepare and post journal entries, accruals, and adjustments to ensure accurate financial results.

• Review trial balances and perform variance analysis to identify and correct discrepancies.

• Prepare financial statements and management reports (P&L, Balance Sheet, Cash Flow).

• Support internal and external audits by providing required documentation and explanations.

• Cash & Bank Accounting - Record daily bank transactions and reconcile balances with bank statements.

• Monitor and report cash positions, interest, and bank charges.

• Work with Treasury to ensure timely and accurate cash reporting

• Selling, General & Administrative (SG&A) Expenses - Record and analyze SG&A expenses to ensure proper cost center allocation.

• Review expense accruals, prepayments, and amortization schedules.

• Identify opportunities for expense control and process optimization

• Revenue & Inventory Accounting - Record and reconcile revenue transactions in compliance with IFRS 15 or local GAAP.

• Manage inventory valuation, adjustments, and variance analysis.

• Collaborate with Operations and Supply Chain on stock accuracy and reporting

• Intercompany Accounting - Record, reconcile, and eliminate intercompany transactions during consolidation.

• Coordinate with global entities to ensure accurate cross-company postings and settlements.

• Knowledge of transfer pricing documentation and intercompany agreements.

• Balance Sheet, Financial Analysis & Tax - Prepare detailed balance sheet reconciliations and conduct variance analysis.

• Support tax accounting processes including deferred tax, provisions, and adjustments.

• Provide analytical insights for management review and audit support

• Timeliness and accuracy of month-end closing and reporting.

• Quality and completeness of account reconciliations.• Reduction in open items and audit findings.

• Compliance with accounting standards and internal controls.

• Efficiency improvements and process automation initiatives

• R2R Team Member (8+ Years of Experience)

• Perform day-to-day general ledger accounting and month-end close activities.

• Prepare journal entries, reconciliations, and standard reports.

• Assist in cash, bank, and expense accounting.

• Support audit requests and data preparation.

• Identify and report process issues or control gaps to the Senior Specialist or Team Lead.

• Review journal entries, reconciliations, and closing activities performed by Analysts.

• Handle complex accounting areas such as revenue recognition, inventory, and intercompany.

• Conduct analytical reviews of balance sheets and P&L accounts for accuracy

.• Support continuous improvement projects and standardization initiatives.

• Act as a subject matter expert (SME) for assigned process areas.

• Provide training and mentoring to junior team members.

• Manage the R2R team and oversee end-to-end general ledger, closing, and reporting processes.

• Ensure compliance with accounting standards (GAAP/IFRS) and internal control frameworks (SOX).

• Review and approve journal entries, reconciliations, and financial statements.

• Manage stakeholder relationships with Finance, Tax, Treasury, and Audit teams.

• Analyze monthly results, provide commentary, and present reports to management.

• Drive process transformation, automation, and KPI improvement initiatives.

• Supervise, coach, and evaluate team members’ performance.

• Qualifications & Skills

• Bachelor’s or Master’s degree in Accounting, Finance, or Commerce.

• Prior Experience in Record to Report (R2R), General Ledger Accounting, or Financial Reporting roles.

• Hands-on experience with ERP systems (Oracle, NetSuite) and MS Excel.

• SAP hands-on knowledge is mandatory

• Experience with Power BI is preferred

• Strong understanding of accounting principles, reconciliations, and reporting.

• Excellent analytical, problem-solving, inter-personal and communication skills.

• Ability to manage multiple priorities in a deadline-driven environment.

• Experience working in a shared services or multinational setup preferred

• Knowledge of GAAP/IFRS and financial reporting best practices mandatory

• Hands-on experience in month-end close, reconciliations, and intercompany accounting.

• Ability to manage multiple priorities and meet strict deadlines.

• Exposure to tax accounting, fixed assets, or consolidation processes.

• Familiarity with reporting tools (e.g., Power BI, Hyperion, BlackLine).

• Knowledge of process improvement methodologies (Lean / Six Sigma).