Team Lead Consolidation & Reporting (Shared Service)

Weatherford; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Weatherford in Bengaluru seeks a seasoned Team Lead – Consolidation & Reporting to steer month-end, quarter-end, and year-end close within a global Shared Services environment, ensuring IFRS and US GAAP compliance and timely, accurate reporting.

You will drive process improvements, manage intercompany reconciliations, standardize reporting, and support audits and system upgrades across regions. Collaboration with regional finance teams and corporate stakeholders is essential.

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.

Job description

Job Overview

We are seeking a highly motivated and experiencedTeam Lead – Consolidation & Reporting Shared Servicesto 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 aShared 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 ofIFRS and US GAAP.
• Experience supporting internal and external audits.
• Proficiency in consolidation and reporting tools such asOneStream, Oracle Hyperion (HFM/FCCS), SAP BPC, Oracle FCCS, or similar platforms.
• Experience working withSAP, 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).