The R2R Manager is responsible for overseeing the end-to-end financial reporting and accounting activities.
Understanding of all new local compliance policies in respect of closing is necessary.
This role requires a strong understanding of accounting principles, financial analysis, and process improvement of each local
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R2R Manager will collaborate with cross-functional teams and will ensure compliance with regulatory requirements and company
policies.
They will be partners with in-market Financial Business Partners and other cross-functional teams while providing continuous
support, building strong relationship with all the stakeholders.
Accountabilities and deliverables
Team Leadership and Management:
Overseeing and leading the GL and Reporting teams, providing direction, guidance, and mentorship to team members.
Managing the workload, task allocation, and performance evaluation of GL accountants, reporting specialists, and other
staff within the teams.
Facilitating training, professional development, and skill enhancement initiatives for team members.
Financial Accounting and Reporting:
Ensuring accurate and timely preparation of financial reports, including P&L statements, balance sheets, cash flow
statements, and other financial analyses.
Reviewing financial data, reports, and reconciliations to identify trends, discrepancies, and opportunities for
improvement.
Overseeing the month-end and year-end closing processes, including accruals, adjustments, and financial statement preparation. GL Operations and Compliance:
Managing GL operations, including journal entries, reconciliations, and ledger maintenance, to ensure accuracy and
compliance with accounting standards.
Monitoring internal controls, policies, and procedures to maintain compliance with regulatory requirements and
organizational guidelines.
Collaborating with internal and external auditors, providing necessary documentation, and addressing audit queries
related to GL and financial reporting.
Reporting and Analysis:
Leading the development of comprehensive financial reports and analyses, providing insights and recommendations to
support strategic decision-making.
Collaborating with stakeholders to understand reporting requirements and ensuring that reports meet the needs of
various departments and senior management.
Conducting in-depth financial analysis, identifying key performance indicators, and communicating financial trends and
results to the leadership team.
Process Improvement and Optimization:
Identifying opportunities for process improvements in GL operations and reporting functions, implementing best
practices, and optimizing workflows.
Leveraging advanced technologies, data analytics, and automation tools to enhance the efficiency and accuracy of
financial processes.
Staying abreast of industry trends and developments, incorporating innovative solutions to improve financial operations.
Stakeholder Collaboration and Communication:
Collaborating with cross-functional teams, department heads, and executives to address financial inquiries, provide
financial insights, and support strategic initiatives.
Ensuring effective communication and coordination between GL, reporting, and other relevant departments to facilitate
seamless information flow.
Budgeting and Forecasting:
Collaborating with finance and business leaders in the budgeting and forecasting processes, providing financial data
and insights to support accurate financial planning.
Analyzing budget variances, identifying reasons for deviations, and working with stakeholders to adjust financial plans
as needed.
Strategic Planning and Decision Support:
Contributing to the organization's strategic planning by providing financial analysis, insights, and recommendations to
support decision-making processes.
Evaluating financial implications of business strategies, projects, and initiatives, offering financial guidance to aid in
effective decision-making.