Finance Manager - GL Accounting

Experience (years): 11 to 16 years of experience. Location: Mumbai (Airoli) and Bangalore Working Hours: 8.5 hours / day (APAC Shift) Role Summary: The Finance & Accounting Manager is responsible for overseeing the financial operations of the organization, ensuring accurate reporting, compliance with regulatory standards, and effective financial planning Essential: Strong knowledge of accounting principles (GAAP, IFRS), general ledger management, and month-end/year-end closing processes Strong attention to detail, organised and results orientated Good working knowledge of Finance processes Excellent verbal and written communication skills Exposure to SAP Finance & relevant modules RTR process re-engineering and project management skills Good working knowledge of Microsoft office Overall Project/Task description Manage routine accounting activities including AP, AR and RTR Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements. Supervise GL entries, reconciliations, and ensure accuracy of financial data Ensure timely processing of vendor payments and customer collections Oversee accounting for inventory, fixed assets, and depreciation Strong hands-on experience in SAP PS (Project System) and integration with FI (Finance) and CO (Controlling) modules Knowledge of settlements (CJ88) from projects to cost centers, assets, or profitability segments. Experience with internal orders, cost centers, and profit centers in SAP CO. Work with revenue recognition methods in SAP (percentage of completion, completed contract) Ensure adherence to financial regulations, tax laws, and internal policies Act as a financial advisor to operations, providing insights and recommendations Prepare customized financial reports for internal stakeholders, including department heads and senior management Prepare and support internal and external audits, ensuring timely responses and documentation Establish and monitor internal controls to safeguard company assets and ensure data integrity Identify inefficiencies and lead automation Manage and mentor finance staff, fostering a culture of accountability and continuous improvement Act as a financial advisor to operations, providing insights and recommendations Assist in tracking and reporting financial aspects of environmental, social, and governance initiatives Establish clear performance metrics for finance processes (e.g., invoice processing time, reconciliation accuracy) Track adherence to agreed service levels across finance functions like AP, AR, GL, and reporting Regularly analyze KPI dashboards to assess team performance and process efficiency Define clear, measurable goals aligned with business and finance objectives for each team member Lead structured performance review discussions with team members, providing feedback on achievements and development areas Manage transitions of finance processes to shared services or new platforms, ensuring minimal disruption Drive change initiatives, communicate effectively with stakeholders, and manage resistance Act as a liaison between finance and other departments to ensure smooth execution of initiatives or implementation Education: Preferred Bachelor’s Degree/M.Com/ MBA / Cost Accountant