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A global manufacturing company is seeking a Project Director for Financial Accounting to lead the transition of finance operations to low-cost regions. This role will oversee financial reporting integration and maintain compliance with US GAAP and IFRS. Candidates must have a minimum of 15 years in finance roles, possess strong analytical skills, and demonstrate the ability to manage complex financial projects. Travel is expected up to 50%, and flexibility is required to meet deadlines.
The Financial Accounting LCR, Project Director is responsible for leading the strategic transition of Finance operations from multiple high-cost regions to low-cost centres in India and Serbia, covering both existing organic businesses and new acquisitions. This role ensures the seamless migration and integration of financial reporting and accounting activities across six Business Units and acquired entities, maintaining compliance, quality and operational efficiency throughout the process.
Duties and Responsibilities:
Drive transition to low-cost regions through existing businesses and through due diligence and integration work with newly acquired businesses. Oversee integration and migration of Financial Reporting with transactional processes and controls.
Develop and execute transition plans for financial reporting and accounting functions to migrate tasks to low-cost centres (India, Serbia & Mexico). Communicate project progress, risks, and mitigation actions.
Standardise financial operating processes, the control environment across all business units and acquired entities and drive process tasks for migration to SSCs:
Ensure continuity of financial reporting and accounting tasks in co-ordination with the BU Controllers during organisational changes and transitions. Ensure robust internal controls are maintained throughout transition and integration.
Safeguard internal controls, manage risk, and oversee accurate, timely financial reporting during transition.
Ensure strict adherence to US GAAP, IFRS, and local statutory requirements in financial reporting and accounting.
Identify and implement process improvements and automation using software, AI, and optimal tools.
Standardise reporting approach from transaction execution to Schedule C and create SOPs and SOX process flows.
Knowledge, Skills, and Experience: