Manager- R2R (Record to Report)

We are looking for a senior and experienced Manager to lead the Record to Report (RTR) function within our Finance Shared Services, with 10 years of progressive experience in month-end close, consolidation, and financial review, including a strong track record of managing a team of 15 or more. The role owns the full close cycle – accruals, provisions, management journals in the consolidation tool, reclass entries, prepayment amortization, fixed asset addition/deletion, bank and intercompany reconciliation, balance sheet schedules, and forex revaluation – while reviewing the Profit and Loss and Balance Sheet with the Financial Controller, providing commentary on P&L; outliers for the month, highlighting potential write-offs for old balances, and reviewing journals prepared by the team. The role also reviews consolidation tool data against the SAP financial system, owns end-to-end support for internal and statutory auditors, and manages external stakeholders.

The ideal candidate is a qualified accountant with deep RTR/consolidation expertise, strong financial review and analytical capability, and proven people-leadership skills to consistently deliver against SLA/KPI targets.

Key Responsibilities

- Lead and manage an RTR team of 10+ FTEs, owning the end-to-end month-end close process and ensuring accuracy and completeness of the general ledger.
- Review and approve accrual journals, provision journals, and reclass journals prepared by the team, ensuring correct classification and period matching.
- Review and post management journals in the consolidation tool, ensuring alignment with group reporting requirements and consolidation policies.
- Oversee prepayment amortization schedules and fixed asset addition/deletion (capitalization, depreciation, retirement/disposal), ensuring accuracy and timely processing.
- Review bank reconciliation and intercompany reconciliation prepared by the team, ensuring reconciling items and mismatches are resolved on a timely basis.
- Review Balance Sheet Schedules for all GL accounts under the tower, ensuring open items are supported,



aged appropriately, and cleared in a timely manner.
- Oversee forex revaluation processing for foreign-currency-denominated balances as part of month-end close.
- Own end-to-end support for internal and statutory auditors through to closure, coordinating audit requirements, providing documentation, and resolving audit queries.
- Review monthly Profit and Loss and Balance Sheet with the Financial Controller, providing detailed commentary on key movements, trends, and outliers in the P&L; for the month.
- Proactively identify and highlight potential write-offs for old/aged balances lying in the books, and drive resolution with relevant stakeholders.
- Review journal entries and reconciliations prepared by team members prior to submission, ensuring quality, accuracy, and compliance with accounting policy.
- Review and reconcile data between the consolidation tool and the SAP financial system, investigating and resolving discrepancies.
- Ensure the team's effective and correct use of relevant SAP T-Codes for RTR transactions (journal posting, GL account review, asset accounting, bank/intercompany reconciliation, foreign currency valuation).
- Manage external stakeholders, including statutory auditors, tax consultants, and business/plant finance leadership, ensuring timely and professional engagement.
- Ensure adherence to internal controls, accounting policies, and statutory/compliance requirements throughout the close and consolidation process.
- Monitor, review, and report SLA and KPI performance for the RTR process (close TAT, reconciliation ageing, audit query TAT); drive improvement plans for gaps.
- Coach, mentor, and develop team members; manage performance, capacity planning, and shift rostering for the team.




- Drive process improvement, standardization, and automation initiatives to enhance the quality and efficiency of the close and consolidation cycle.
- Be flexible to work in and manage rotational shifts to support different regional business hours and close calendars.

Required Skills & Experience

- 10 years of relevant experience in Record to Report / General Ledger accounting / consolidation, with demonstrated experience managing a team of at least 15, preferably in an FSSC/GBS/BPO setup.
- Solid working knowledge of SAP FI/AA modules with practical exposure to RTR-related T-Codes, along with experience in a group consolidation tool.
- Sound understanding of core accounting concepts (debit/credit, GL, accruals, provisions, prepayments, fixed assets, forex, consolidation adjustments).
- Proven experience reviewing and finalizing bank reconciliation, intercompany reconciliation, and balance sheet schedules.
- Demonstrated experience owning internal and statutory audits end-to-end, including direct engagement with auditors.
- Strong experience reviewing monthly financials (P&L; and Balance Sheet) with Financial Controllers, including preparing commentary on outliers and variances.
- Ability to identify and escalate potential write-offs for old/aged balances based on account and ageing analysis.
- Experience reconciling and reviewing data between financial systems (SAP) and consolidation tools.
- Strong review and quality-control discipline for journals and reconciliations prepared by the team.
- Familiarity with SLA/KPI-driven work environments and reporting.
- Good MS Excel skills for reconciliations, schedules, and reporting.
- Excellent communication skills to manage external stakeholders (auditors, tax consultants) and senior internal business partners professionally.
- Prior experience in a manufacturing company or supporting manufacturing plants is preferred.
- Willingness and flexibility to work in and manage shifts.

Qualification

Qualified Accountant (CA / CMA / ACCA or equivalent) preferred

US Shift

📌 Manager-R (Bengaluru)
🏢 Pierian Services
📍 Bengaluru