R2R Team Lead

Akzonobel; Pune District; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

AkzoNobel is seeking a Regional Accounting Operations Teamlead in Pune to coordinate monthly cycles, manage consolidation, and ensure IFRS compliance across regional reporting. You will work with analysts, drive process improvements, and oversee tax compliance with a focus on accuracy and timeliness.

The role requires 10+ years in accounting, strong ERP, and leadership skills to guide a team through complex month-end processes and audits.

Qualifications

• Accounting professional with 10+ years of experience in accounting and financial reporting.
• Experience in IFRS and local GAAP, with consolidation knowledge.
• Proven team leadership and ability to coordinate multi-stakeholder processes.

Responsibilities

• Coordinate and assign work to analysts to conform to monthly cycle and ad hoc requirements.
• Monitor GBS performance and ensure adherence to service delivery and internal controls.
• Lead month-end close, balance sheet reconciliations, and consolidation of legal entity statements.
• Provide IFRS and local GAAP guidance across the region and drive process improvements.
• Ensure tax compliance and liaise with auditors and authorities as needed.
• Develop and manage a high-performing accounting team with development plans.

Skills

Accounting

Team Leadership

IFRS Knowledge

ERP Systems

SAP

MFGPRO

Financial Reporting

Education

Bachelor in Accounting/Finance

CA/CMA or similar

Tools

SAP

MFGPRO

HFM

Job description

Since 1792, we’ve been supplying the innovative paints and coatings that help to color people’s lives and protect what matters most. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150 countries and use our expertise to sustain and enhance the fabric of everyday life. Because we believe every surface is an opportunity. It’s what you’d expect from a pioneering and long-established paints company that’s dedicated to providing sustainable solutions and preserving the best of what we have today – while creating an even better tomorrow. Let’s paint the future together.

• Manages the Tower based activities (e.g. Fixed Asset, GL) that result in the legal entity statements and statutory reporting in a region. Covering multiple BUs
• Coordinate and assign work to analysts to conform to monthly cycle and ad hoc requirements
• Monitor GBS performance and conform to service delivery cycle and internal control requirements
• Linking pin to plant/site controllers in the field of accounting
• Involve specialists in specific accounting topics where specific / deep knowledge is required
• Identifies improvements and initiates improvement projects
• Ensure control and compliance as per defined framework
• Provide and monitor development plans for the team members

Key Activities

Regional Accounting Operations Teamlead

• Coordinate and assign work to analysts to conform to monthly cycle, ensuring a fair workflow during the month, and an effective split during month closing
• Responsible for and advises on operational complex and judgment based general accounting (e.g. complex (non-rule based) accruals) and recurring month-end activities that require judgment
• Responsible for all operational activities with regard to the consolidation of legal entity statements and local statutory reporting in the region, including responsibility for accounting documentation (e.g. A-Form, balance sheet reconciliations, audit reports) and be the first contact person for the business on these accounting topics
• Providing accounting technical guidance and assistance across the defined region and business regarding IFRS and local GAAP
• Drive compliance with rules and regulations set by global accounting in operations team
• Drive standardization and quality in balance sheet reconciliation and review, performing final reviews, assuring IFRS compliance, IFRS implementation and adherence to AkzoNobel accounting and reporting rules
• Balance sheet reconciliations
• Month-end close process
• Ensure tax compliance both direct and indirect
• Communicate with GBS on performance, new developments, info requests, WEB Fem application and approval of specific entries. Active participation in GBS user panels, effective alignment with Service Delivery Managers.
• Support Regional Process Delivery Lead in liaising with local authorities and internal / external auditors
• Involve specialists in specific accounting topics where specific / deep knowledge is required
• Identify and signal recurring issues for further process improvement and further drive process improvement in the RAC with active involvement in initiatives (e.g. by applying Lean Six Sigma improvement methodology)
• Harmonizes processes between the team members, and initiates documentation of and adherence to these new processes
• Manages performance of the team that meets established requirements of quality, quantity, completeness and timeliness

Experience

• Accounting professional with 10+ years of experience in accounting and financial reporting, and capable of analyzing complex processes and issues
• Preferably have working experience in one or multiple business units / SMUs
• Bachelor (or Academic) degree in Accounting or Finance, preferably CA, CMA or similar
• Adequate expertise knowledge in financial accounting (IFRS, accounting processes)
• Good knowledge of accounting in ERP systems (SAP/ MFGPRO knowledge preferred)
• Good understanding of Consolidation Systems, preferably HFM
• Ability to communicate effectively with counterparts in the organization, is a flexible team worker
• Good organizational skills, able to plan, set priorities and work under time pressure to meet deadlines while keeping ‘an eye’ for the details
• Coordination with multiple stakeholders and conflicting priorities
• Proven ability to drive continuous improvement agenda in the financial and transactional processes, and monthly closing and reporting processes
• Ability to work and delegate work under severe time pressure during month-end closures and continuously retain ‘an eye’ for the details
• Previous teamlead experience in accounting and able to plan, coordinate and assign work to analysts
• Be able to develop and manage a team and engage team members
• Advanced user of Microsoft Excel, Word, PowerPoint softwareprocesses)
• Good knowledge of accounting in ERP systems (SAP/ MFGPRO knowledge preferred)
• Good understanding of Consolidation Systems, preferably HFM
• Drive continuous improvement agenda in the financial and transactional processes, and monthly closing and reporting processes
• Ability to work and delegate work under severe time pressure during month-end closures and continuously retain ‘an eye’ for the details
• Previous teamlead experience in accounting and able to plan, coordinate and assign work to analysts
• Be able to develop and manage a team and engage team members

At AkzoNobel we are highly committed to ensuring an inclusive and respectful workplace where all employees can be their best self. We strive to embrace diversity in a context of tolerance. Our talent acquisition process plays an integral part in this journey, as setting the foundations for a diverse environment. For this reason we train and educate on the implications of our Unconscious Bias in order for our TA and hiring managers to be mindful of them and take corrective actions when applicable. In our organization, all qualified applicants receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age or disability.