Lead Assistant Manager

Key Responsibilities

Balance Sheet Reconciliation & General Ledger Management

• Lead and oversee monthly Balance Sheet reconciliations for multiple entities, regions, and business units.
• Review and approve high-risk and complex account reconciliations.
• Ensure General Ledger balances are fully supported by appropriate documentation and reconciliation schedules.
• Drive timely identification, investigation, and resolution of reconciling items and aged balances.
• Review and approve accruals, prepayments, reclassifications, and adjustment journal entries.
• Ensure compliance with accounting policies, US GAAP/IFRS requirements, and corporate guidelines.
• Perform detailed account analysis and balance sheet reviews to identify risks and opportunities.

Financial Close & Reporting

• Lead month-end, quarter-end, and year-end close activities.
• Ensure all close deliverables are completed accurately and within established timelines.
• Review financial statements and supporting schedules for accuracy and completeness.
• Analyze significant balance sheet fluctuations and provide management insights.
• Partner with Controllers and Finance Leadership to support financial reporting requirements.
• Drive continuous improvement in close cycle efficiency and effectiveness.

Governance, Compliance & Audit Management

• Ensure compliance with SOX controls, internal policies, and regulatory requirements.
• Act as the primary contact for internal and external audits related to balance sheet accounts.
• Ensure reconciliations meet quality and audit standards.
• Identify control gaps and implement corrective action plans.
• Support risk assessments and internal control reviews.
• Drive governance and compliance initiatives across the reconciliation function.

Stakeholder Management & Business Partnership

• Collaborate with Controllers, Treasury, Tax, FP&A, Payroll, AP, AR, and Business Finance teams.
• Serve as the subject matter expert (SME) for reconciliation and accounting-related issues.
• Manage relationships with internal and external stakeholders across global locations.
• Lead discussions regarding accounting issues, reconciliations, and financial risks.
• Support transition projects, process migrations, and organizational initiatives.

Team Leadership & People Management

• Review team deliverables and ensure adherence to quality standards.
• Conduct performance evaluations and support talent development initiatives.
• Provide technical accounting guidance and process expertise.
• Foster a culture of accountability, continuous learning, and operational excellence.

Process Improvement & Transformation

• Identify automation opportunities and drive continuous improvement initiatives.
• Lead process standardization and optimization projects.
• Support ERP implementations, migration activities, and transformation programs.
• Utilize reporting and automation tools such as Power BI and BlackLine.
• Develop and maintain SOPs, process maps, and control documentation.
• Drive Lean Six Sigma and operational excellence initiatives.

• Review and approve Prepayment, Accrual, Depreciation, Bad Debts, P&L, Balance Sheet reconciliations.
• Monitor aged reconciling items and drive timely resolution.
• Ensure timely completion and certification of reconciliations in BlackLine or similar reconciliation tools.
• Prepare and review: 
  • AR Aging Reports
  • Open Item Reports
  • L Item & R Item Reports
  • Balance Sheet Review Packages
  • Management Reporting Dashboards
  • KPI and SLA Performance Reports
• Perform trend analysis and variance investigations.
• Present reconciliation status and key risks to Finance Leadership.

• Ensure service delivery aligns with global SLAs, KPIs, and quality metrics.
• Lead governance reviews and operational meetings with stakeholders.
• Manage workload distribution and resource planning.
• Drive root-cause analysis and corrective actions for recurring issues.
• Ensure adherence to global accounting and reconciliation standards.
• Support business continuity and risk mitigation planning.

• Bachelor's Degree in Accounting, Finance, Commerce, or Business Administration.
• 8–12 years of experience in R2R, General Ledger Accounting, Financial Close, and Balance Sheet Reconciliations.
• Strong knowledge of accounting standards, financial reporting, and internal controls.
• Extensive experience with ERP systems such as SAP, Oracle, PeopleSoft, or Dynamics 365.
• Advanced experience with BlackLine or similar reconciliation platforms.
• Expert-level Excel skills including: 
  • Pivot Tables
  • XLOOKUP/VLOOKUP
  • Power Query
  • Advanced Formulas
  • Financial Modeling
  • Data Analytics
• Strong analytical and problem-solving abilities.
• Experience managing audits and compliance requirements.
• Excellent stakeholder management and communication skills.
• Proven leadership and team management experience.

• CA / CPA / CMA / ACCA / B.COM / MBA Finance.
• Experience in Global Business Services (GBS) or Shared Services organizations.
• Experience leading finance transformation and automation initiatives.
• Knowledge of Power BI and advanced analytics.

Qualifications

• Graduate/ Post Graduate. (Mcom/ MBA-9-12 year), CA 4 - 6 Years