Reporting Team Leader

Omnicom; Mumbai; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

Omnicom Mumbai seeks an experienced Team Leader to manage period end closing and reporting across agencies. You will supervise associates in transaction processing and assist the R2R Manager with workload planning.

Key duties include month-end close, balance sheet reconciliations, lead schedules, GL activity, and statutory reporting. You will drive process improvements, ensure SOX controls, and coordinate with audit teams while delivering accurate financial statements.

Qualifications

• 6+ years of work experience in R2R with 2+ years in a team lead role.
• Experience with SAP/Hyperion/Vantage or similar ERP systems.
• Knowledge of period-end closing and statutory reporting.
• MBA in finance or CA equivalent.
• Advertising and Media industry experience preferred.
• Strong English communication and MS Office skills.

Responsibilities

• Lead month-end and year-end closing activities per close calendar and SLAs.
• Prepare balance sheet reconciliations, lead schedules, GL balances and supporting documentation.
• Support agency local finance with financial statement preparation, consolidation and statutory reporting.
• Manage internal and external audit processes and respond to queries.
• Drive process improvements and ensure controls and SOX compliance.

Skills

R2R process knowledge

Leadership

English communication

Education

CA equivalent or MBA in finance

Tools

SAP/Hyperion/Vantage

Job description

The Team Leader will manage activities related to period end closing & reporting, Statutory accounting across agencies. Responsibility includes managing day-to-day operations, assisting the R2R Manager with workload management, supervising associates in transaction processing and conducting data & process analysis as required.

Key Responsibilities

• Perform month-end and year-end closing activities, ensuring timely completion in accordance with the close calendar and established SLAs.
• Prepare and review balance sheet reconciliations, lead schedules, general ledger balances and supporting documentation to ensure the accuracy of financial reporting.
• Prepare and review monthly account reconciliations, adjustment journal entries and other general ledger activities to ensure accuracy, completeness and compliance with applicable accounting policies.
• Support provided to Agency Local Finance – Financial statement preparation, consolidation of data / schedules, Hyperion/One stream reporting, GAAP Conversion, Statutory Accounting, Mandatory and ad-hoc reporting.
• Preparing and reviewing annual financial statements.
• Prepare and review Lead sheets (summary of GL balance mapped to Hyperion balance) along with applicable supporting documents for monthly binders.
• Ensure the financial controls pertaining to R2R Closing and reporting processes are appropriately documented, complied with and reviewed on a periodic basis.
• Manage internal and external audit process and queries for in scope agencies.
• Review audit templates and liaise with audit staff
• Monitor SharePoint tickets and adhere to agreed Service Level Agreement (SLA)
• Review team’s monthly performance in accordance with the SLA, discuss areas for improvement and Report
• Provide enhanced level of customer service to external groups (Omnicom network agencies)
• Drive process improvements and efficiency ensuring common processes are applied to all agencies and leading practices are adopted through staff training and system enhancements
• Ensure processes operate within the Group’s Sarbanes Oxley programme and Standard Policy and Procedures.
• Provide valuable feedback to reporting staff through annual performance appraisals and goal settings programme. Also assign and periodically rotate responsibilities to team members based on performance.
• Provide inputs required for various phases of annual Budgeting process and Agency billings.
• Liaise with consultant for filing of LLP returns and other compliance.
• Act as a Controller for Omnicom book closing and provide instructions to different SSC teams for booking expense provisions, revenue accruals, payroll related accruals, etc.

Knowledge and Experience

• 6+ years of work experience in R2R areas. 2+ years as a team leader/ supervisor
• Experience in SAP/Hyperion /Vantage or similar ERP systems
• Good knowledge of concepts and procedures related to period-end closing & reporting and Statutory reporting
• Experience in Advertising and Media industry preferred
• Minimum Education Qualification – Chartered Accountant Equivalent, MBA in finance
• Management of a high transaction volumes business, with good knowledge of associated controls and procedures
• Ability to provide high level of customer service for the closing & reporting processes
• Strong written and oral communications skills in English
• Strong problem solving and organizational skills
• Experience in managing people and processes through a sustained period of change
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

A distinct advantage

• Experience working in a Shared Services Centre focused on Finance & Accounting activities
• Experience in document imaging software like SharePoint