R2R Manager

LIPTON Teas and Infusions; Bengaluru; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

Lipton Teas and Infusions in Bangalore seeks an experienced R2R Manager to lead end-to-end Record to Report processes for financial and management reporting across management units. Strong analytical skills and excellent communication are essential to drive performance and deliver accurate financial commentaries.

The role requires IFRS/GAAP knowledge, team leadership, and a focus on automation, month-end close, intercompany, fixed assets, and tax accounting within a global finance context.

Qualifications

• Chartered Accountant or MBA in Finance with 8–14 years in FMCG.
• Strong understanding of IFRS, Indian GAAP, US GAAP and global policies.
• Experience with SAP ECC / S/4HANA is preferred.
• Proven ability to lead teams and manage senior stakeholders.

Responsibilities

• End-to-end R2R processes across management units (financial and management reporting).
• Lead automation initiatives and design setups for R2R processes.
• Manage Month Close, intercompany accounting, and fixed assets month-end deliverables.
• Ensure global finance controls and oversee third-party MSP/SSC operations.

Skills

Team leadership

Analytical thinking

Stakeholder management

Communication skills

Self-starter

Problem solving

Education

CA / Semi-qualified CA

MBA (Finance)

Tools

SAP ECC / S/4HANA

Job description

• End to end responsibility of supporting the Record to Report processes and operations across management units of the business, both Financial and Management reporting.
• Strong knowledge in analyzing the numbers and write meaningful business commentaries about the company performance.
• Should have an excellent coordination, verbal and written communication skills.
• Involvement of handling finance controllership role.
• Involvement of handling markets/ finance controllers and R2R Shared Service Centre operations
• Management of Month Close Process within Finance system, Preparation, presentation, inputs, and submissions. Validating Financial Reports, reconciliation, and query resolution
• Management of Intercompany Accounting (Billing, Allocations, Recharges and Reconciliations)
• Management of Fixed Assets Accounting (Additions, Transfer, write off and month end deliverables)
• Management of general accounting transactions, including opening balance roll forward, working with third party providers and local markets
• Experience in balance sheet account reconciliations review, approval, and enhancements.
• Working knowledge of R2R upstream and downstream experience (AP, AR, SCF and Management reporting).
• Experience in Tax accounting – Preparation of tax pack and Differed tax calculations
• Leading the 3PSP organization for entire R2R month end operations

Job description:

Role: R2R Manager

Work Location: Bangalore India

Job Type: Permanent

Your Role

• End to end responsibility of supporting the Record to Report processes and operations across management units of the business, both Financial and Management reporting.
• Strong knowledge in analyzing the numbers and write meaningful business commentaries about the company performance.
• Should have an excellent coordination, verbal and written communication skills.
• Involvement of handling finance controllership role.
• Involvement of handling markets/ finance controllers and R2R Shared Service Centre operations
• Management of Month Close Process within Finance system, Preparation, presentation, inputs, and submissions. Validating Financial Reports, reconciliation, and query resolution
• Management of Intercompany Accounting (Billing, Allocations, Recharges and Reconciliations)
• Management of Fixed Assets Accounting (Additions, Transfer, write off and month end deliverables)
• Management of general accounting transactions, including opening balance roll forward, working with third party providers and local markets
• Experience in balance sheet account reconciliations review, approval, and enhancements.
• Working knowledge of R2R upstream and downstream experience (AP, AR, SCF and Management reporting).
• Experience in Tax accounting – Preparation of tax pack and Differed tax calculations
• Leading the 3PSP organization for entire R2R month end operations

Some of the key responsibilities of the role are:

• The individual has a natural bias for action and is willing to make a positive difference to achieve higher levels of performance.
• Takes direct ownership of objectives with high levels of self-assurance to achieve goals.
• Bringing powerful analysis to issues and rapidly absorbing new information and knowledge to apply new techniques, technology, and procedures.
• Fully involve in design set up and automation initiatives including testing
• Impactful and flexible in communicating and influencing the issues with the ability to work across metrices of functions.
• Accountable and responsible for ensuring Global finance controls
• Accountable for third party service provider / managed services operations

Skills and Experience Soft Skills:

• Should be able to lead and develop a team
• Should have a positive attitude and should be able to proactively get work done
• Strong problem solving, and analytical skills
• High Stakeholder Management - Must have the ability to effectively communicate with senior leaders inside and authorities outside of the company.
• Must be a self-starter with proven ability to take ownership of job responsibilities

Direct Reports

• Close working with 3P Service providers

Key Interfaces

• Head of Global Business Services
• Global Finance team
• Business workstream leads
• Country finance controllers/legal entity owners
• Operating Centre Heads for the key process
• Workstream Directors and teams
• Market Finance Controllers
• Operating Centre Heads for the key process’
• NFD Directors – Financial/Management Reporting
• Treasury and Controls team
• Global Business services leads
• Other service line teams for future scope

Critical success Factors for the Job Competencies

• Analytics and controls mind set
• Organizational Awareness
• Strong communication and interpersonal skills
• Experience and awareness of working in a global role
• Ability to lead teams, assume peer leadership and influence key/senior stakeholders
• Ability to set and deliver on large change agenda
• Ability to influence constructively
• A strong customer and service centric mindset
• Ability to work under pressure and at times in ambiguous situations

Professional Qualification / Experience

• A chartered Accountant/semi qualified CA or MBA (Finance)
• Minimum 8-14 years’ experience preferably in FMCG industry
• Strong understanding of accounting standards, (IFRS, Indian GAAP, US GAAP) and global accounting policies
• Strong financial and business acumen
• Experience in Financial accounting, corporate finance, Global Shared services desirable
• Having working knowledge in Finance operations of SAP ECC / S4 Hana preferable