Senior Manager R2R- (CA/ ICWA) Job Description Template

As a Senior Manager R2R at Pierian Services, you will lead and oversee the Record to Report (R2R) process, ensuring accurate financial reporting and compliance with regulatory requirements. Leveraging your CA/ICWA qualification, you will drive process improvements, support strategic financial initiatives, and manage a team of accountants.

Responsibilities

  • Oversee the completion of R2R processes, including general ledger accounting, reconciliation, and reporting.
  • Ensure compliance with accounting policies, standards, and regulatory requirements.
  • Lead and develop a team of accountants, providing guidance and support.
  • Drive continuous improvement initiatives to optimize the R2R process.
  • Collaborate with stakeholders to support strategic financial projects.
  • Prepare and present financial reports to senior management.
  • Ensure timely and accurate closing of financial periods.

Qualifications

  • CA/ICWA qualification is required.
  • Minimum of 8 years of experience in finance and accounting, with a focus on R2R processes.
  • Proven leadership experience in managing teams.
  • Strong knowledge of accounting standards and regulatory requirements.
  • Excellent communication and stakeholder management skills.

Skills

  • Financial Reporting
  • General Ledger Accounting
  • Reconciliation
  • Compliance
  • Leadership
  • Process Improvement
  • SAP
  • Excel
  • Analytical Thinking
  • Communication

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Frequently Asked Questions

A Senior Manager R2R (Record to Report) is responsible for overseeing the financial reporting process within an organization. This includes managing the month-end close process, ensuring compliance with accounting standards, and providing accurate financial reports to stakeholders. The role often requires extensive knowledge of accounting principles, and professionals with CA or ICWA certifications are highly valued for their expertise in financial management.

To become a Senior Manager R2R with a CA or ICWA qualification, an individual must first complete the Chartered Accountancy (CA) or Cost and Works Accountancy (ICWA) certification. This typically involves rigorous coursework and passing multiple examinations. Experience in financial roles such as accounting, auditing, or controlling is crucial. Many employers seek candidates with leadership experience and a solid understanding of financial systems and processes. Continuous professional development and staying updated with industry practices can also enhance one's ability to secure this role.

The average salary for a Senior Manager R2R (CA/ ICWA) varies based on factors such as industry, company size, and geographic location. Typically, professionals in this role can expect a competitive salary reflecting their advanced qualifications and experience. Compensation packages often include performance bonuses, benefits, and opportunities for career advancement. Salaries can vary widely, so it is advisable to research industry trends and company-specific pay scales for a more precise understanding.

A Senior Manager R2R role typically requires a blend of advanced qualifications and substantial experience. Candidates usually need to hold a professional certification like Chartered Accountancy (CA) or Cost and Works Accountancy (ICWA). In addition to formal qualifications, extensive experience in financial reporting, auditing, or accounting is essential. Employers often prefer candidates with experience in team leadership and a deep understanding of financial regulations and compliance standards. Continuous learning and certification updates can also boost a candidate's profile.

A Senior Manager R2R (CA/ ICWA) must possess a strong set of skills and undertake key responsibilities to succeed in their role. Essential skills include expertise in financial analysis, budgeting, and financial regulations. Additionally, leadership and team management skills are crucial, as they often lead finance teams and coordinate with other departments. Responsibilities also involve overseeing financial reporting, ensuring compliance with industry standards, and enhancing financial processes to drive operational efficiency. Strong communication and problem-solving abilities are also needed to address challenges effectively.