Deloitte India - Director - Management and Financial Accounting & Reporting

Location

Bangalore | India

Job description

Deloitte India | Director - Management and Financial Accounting & Reporting

What impact will you make

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration, and high performance. As the undisputed leader in professional services,

Deloitte is where you'll find unrivaled opportunities to succeed and realize your full potential.

Job Overview

This is a unique opportunity for a high-energy professional to be part of Deloitte India's practice and learn about and support global initiatives and work directly with global, regional, and member firm leaders. This position is for Director - Financial Accounting & Reporting and involves leading a team of accounting professionals to oversee the end-to-end period end accounting, closing, and reporting cycle globally across regions/ BUs for a client ensuring timeliness, accuracy, compliance with accounting standards, regulatory requirements, and internal policies/ guidelines.

To achieve this, you will be expected to perform the following activities:

• Financial Accounting and Reporting:
  • Oversee period end accounting and reporting processes - intercompany transactions, fixed asset, debt/ borrowing and tax accounting cost allocations, posting accruals/ provisions, revenue recognition, tax accounting and compliance requirements, Sub GL to GL reconciliation, closing GL, TB analysis etc.
  • Ensure timely and accurate closure of books globally and its reporting to GPO's, BU/ Regional Finance Controllers
  • Supervise preparation of financial statements and its timely, accurate reporting to internal/ external stakeholders
  • Oversee and manage project accounting & reporting and fund accounting processes
  • Supervise financial KPIs/ performance matrix analysis to support strategic decision-making

• • Provide guidance on technical accounting matters
  • Ensure process compliance with Client's internal controls, policies, and guidelines, relevant accounting standards, and other regulatory requirements
  • Ensure least disruption to business as usual for in-scope Client processes
  • Be responsible for ensuring delivery of project is within timelines and costs committed as part of the business case

• Team Management:
  • Lead a team of 100+ professionals as part of Record to Report functions. Identify, approve, hire resourcing requirements
  • Provide adequate mentorship, training to the team to ensure process/ role objectives are met, client satisfaction and team career growth
  • Continuously strive to build a culture of high-performance.
  • Effectively run Deloitte India's performance management/ career development framework within the team
  • Maintain high motivation levels amongst team and ensure team attrition is within industry standards

• Service Excellence:
  • Ensure applicable Service Level Agreement (SLAs)/ Key Performance Indicators (KPIs) are met through robust tracking, taking corrective actions and drive for further improvement
  • Oversee service performance reporting to Client
  • Ensure service performance lapses are taken care and push back to Client where required

• Innovation and Continuous Improvement:
  • Create a mindset of innovation within the team aimed at constantly challenging the norm to drive business value
  • Drive transformation/ continuous improvement projects (process improvements, automations) to increase efficiency, accuracy, and effectiveness
  • Oversee operations team in implementing process improvements
  • Responsible for achieving the productivity targets committed to client through collaboration with transformation team

• Client Management:
  • Lead operational and governance calls/ discussion with Client and Deloitte India Leadership
  • Demonstrate thought leadership in bringing value to client
  • Create a robust governance structure and act as a point of contact for critical/ complex issues
  • Build Client relationship, drive confidence & achieve high C-sat scores
  • Represent Deloitte India at various Client forums/ meetings
  • Support Deloitte India Leadership to undertake business development initiatives by meeting and presenting service offerings to Clients

• Transition Support
  • Strategize, oversee, and facilitate the transition of finance processes to shared services bringing specific knowledge, best practices, and experience for smooth implementation and execution
  • Work with Deloitte India Leadership in setting up the right organisation structure (people, skillsets, reporting relationships), governance framework for shared services

Work location: Bengaluru

Shift: Flexible

Skills Required

Qualifications:

• CA/ CPA/ MBA Finance with experience in leading financial accounting and reporting (record to report) processes for Managed Services, or similar Finance Controllership roles
• Proficient in SAP/ S4 Hana, Oracle ERP (eBS, Fusion), Oracle Hyperion Financial Management, and ServiceNow. Knowledge of other Oracle E-Business Suite is preferable

Experience:

• 14+ years of experience in finance and accounting processes, with at least 8-10 years in a supervisory or management role preferably in global organizations, shared services
• Experience in leading delivery teams (100+) for large global clients, driving client excellence, and dealing with key Client Leadership
• Experience of driving finance transformation/ business process re-engineering projects is preferred
• Experience in Construction/ Projects business, specifically around record to report is preferred
• Prior experience in collaborating with clients in the ANZ region is preferred

Skills and Competencies:

• Proven leader in record to report domain with experience working in a multinational environment
• In-depth knowledge of GAAP, IFRS, and relevant financial regulations
• Strong leadership and team management skills
• Excellent communication and interpersonal skills. Ability to manage client discussions
• Advanced problem-solving and analytical skills
• Proficient in data analysis and financial reporting, PowerPoint for creation of executive-level presentations
• Proactive approach to process improvement and innovation in financial practices
• Ability to work under pressure and manage deadlines
• Must possess a client-service mindset and a desire to take on tough and challenging projects.

Your role as a leader

At Deloitte India, we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters.

In addition to living our purpose, Directors across our organization:

• Develop high-performing people and teams through challenging and meaningful opportunities
• Deliver exceptional client service maximize results and drive high performance from people while fostering collaboration across businesses and borders.
• Influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• Understand key objectives for clients and Deloitte align people to objectives and set priorities and direction.
• Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they make

How you'll grow

At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to help build world-class skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development

Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.

Our purpose

Deloitte is led by a purpose: To make an impact that matters .

Every day, Deloitte people are making a real impact in the places they live and work. We pride ourselves on doing not only what is good for clients, but also what is good for our people and the communities in which we live and work-always striving to be an organization that is held up as a role model of quality, integrity, and positive change.

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