TEAM LEAD CONSOL AND REPORTING SS

Weatherford; Bengaluru; On-site; INR 1,500,000 - 3,100,000; Full time

Job summary

Weatherford is seeking a Team Lead – Consolidation & Reporting Shared Services to oversee financial consolidation, close cycles, and reporting within a global SSC.

The ideal candidate has IFRS/US GAAP knowledge, 7–8 years in R2R, and hands-on experience with ERP tools like OneStream, Hyperion, SAP BPC. Onboarding starts in a US shift, followed by a UK IST shift.

Qualifications

• Bachelor’s degree in commerce/finance or related field.
• CA with 2+ years of relevant experience is acceptable.
• 7–8 years in Financial Consolidation/Corporate Reporting/R2R.
• Experience in Shared Services/GBS environment is required.
• Strong IFRS and US GAAP knowledge.
• Experience with intercompany reconciliations and eliminations.
• Proficient ERP knowledge (SAP/Oracle) and advanced Excel.

Responsibilities

• Lead month-, quarter-, and year-end close within reporting timelines.
• Review consolidated results, reconciliations, and variance explanations.
• Ensure timely preparation of consolidated financial statements and reports.
• Resolve intercompany differences and consolidation issues.
• Coordinate with regional teams for compliant submissions.
• Support audits with schedules and documentation.
• Ensure compliance with IFRS, US GAAP, and policies.
• Identify automation and process improvements for efficiency.
• Standardize reporting across units and regions.
• Strengthen controls and governance in consolidation processes.
• Participate in system upgrades and finance transformation.
• Develop SOPs and process documentation.
• Collaborate with Global Finance and SSCs.

Skills

Financial Consolidation Accounting

Group Financial Reporting

Financial Close Management

Intercompany Reconciliations & Elimin

Consolidation Adjustments & Journal

Financial Statement Analysis & Interpr

IFRS and US GAAP Knowledge

Variance Analysis & Management

Internal Controls & Compliance

Process Improvement & Automation

SAP or Oracle ERP Systems

Advanced Microsoft Excel

Stakeholder Management & Cross-Func.

Education

Bachelor's Degree in Commerce/Accounting/Finance

CA with relevant experience

Tools

OneStream

Oracle Hyperion (HFM/FCCS)

SAP BPC

Oracle FCCS

Job description

We are seeking a highly motivated and experienced Team Lead – Consolidation & Reporting Shared Services to lead financial consolidation, reporting, and close activities within a global shared services environment. The successful candidate will oversee month-end, quarter-end, and year-end close processes, ensure accurate and timely financial reporting, support compliance with IFRS and US GAAP, and drive continuous process improvement initiatives.

Job Overview

We are seeking a highly motivated and experienced Team Lead – Consolidation & Reporting Shared Services to lead financial consolidation, reporting, and close activities within a global shared services environment. The successful candidate will oversee month-end, quarter-end, and year-end close processes, ensure accurate and timely financial reporting, support compliance with IFRS and US GAAP, and drive continuous process improvement initiatives.

This role requires strong accounting fundamentals, consolidation expertise, shared services experience, and the ability to collaborate effectively with regional finance teams and global stakeholders.

Responsibilities

• Lead and support month-end, quarter-end, and year-end financial close activities within established reporting timelines.
• Review and analyze consolidated financial results, balance sheet reconciliations, and variance explanations.
• Ensure timely and accurate preparation of consolidated financial statements and management reporting packages.
• Monitor and resolve intercompany reconciliation differences and consolidation issues.
• Coordinate with regional finance teams to ensure completeness, accuracy, and compliance of financial submissions.
• Support internal and external audit requirements by providing required schedules, analysis, and supporting documentation.
• Review entity submissions for compliance with IFRS, US GAAP, and corporate accounting policies.
• Identify and implement automation opportunities and process improvements to enhance reporting efficiency.
• Standardize reporting processes across business units and regions.
• Strengthen internal controls and governance within the consolidation and reporting process.
• Participate in system upgrades, reporting tool enhancements, and finance transformation initiatives.
• Develop and maintain standard operating procedures (SOPs) and process documentation.
• Partner with Corporate Finance, Regional Controllers, Business Finance teams, and Shared Service Centers globally.
• Provide variance analysis, financial insights, and reporting support to management.
• Drive continuous improvement initiatives focused on efficiency, controls, and reporting accuracy.

Skills

• Financial Consolidation Accounting
• Group Financial Reporting
• Financial Close Management
• Intercompany Reconciliations & Eliminations
• Consolidation Adjustments & Journal Entries
• Financial Statement Analysis & Interpretation
• IFRS and US GAAP Knowledge
• Variance Analysis & Management Reporting
• Internal Controls & Compliance
• Process Improvement & Automation
• SAP or Oracle ERP Systems
• Advanced Microsoft Excel
• Stakeholder Management & Cross-Functional Collaboration

Qualifications

• Bachelor's Degree in Commerce, Accounting, Finance, Business Administration, or a related discipline.
• B.Com with 10-12 years of overall experience OR CA with 2+ years of relevant experience.
• 7-8 years of experience in Financial Consolidation, Corporate Reporting, or Record-to-Report (R2R) functions.
• Mandatory experience working in a Shared Services / Global Business Services (GBS) environment.
• Strong understanding of financial close and consolidation accounting processes.
• Hands-on experience with intercompany reconciliations, eliminations, and consolidation activities.
• Working knowledge of IFRS and US GAAP.
• Experience supporting internal and external audits.
• Proficiency in consolidation and reporting tools such as OneStream, Oracle Hyperion (HFM/FCCS), SAP BPC, Oracle FCCS, or similar platforms.
• Experience working with SAP, Oracle, or other ERP systems.
• Advanced Microsoft Excel skills and strong analytical capabilities.
• Strong communication, problem-solving, and stakeholder management skills.
• Ability to work effectively under strict reporting deadlines and manage multiple priorities.
• Experience in finance transformation, automation, and process improvement initiatives is preferred.
• Willingness to work an initial US shift for onboarding/training, followed by a regular UK shift (2:00 PM to 11:00 PM IST).