Manager- FAAS

Job Description – Manager (R2R / Consolidation / Month-End Accounting)

Mandatory: Strong SAP knowledge, Month-End Close, Consolidation exposure

Role Overview

We are looking for an experienced Manager who will lead month-end close and consolidation activities for multiple entities. The role requires strong technical accounting knowledge, hands-on SAP experience, and the ability to manage US GAAP and IFRS reporting requirements. The candidate will work closely with finance teams, and auditors while ensuring high-quality and timely financial reporting.

Key Responsibilities

Month-End Close & Reporting

• Execute complete month-end close in SAP, including TB/P&L reviews, suspense account checks, and reporting pack preparation.
• Manage Sigma adjustments (leasing, PPAs, pensions) and ensure timely USD conversion for consolidated reporting.

Consolidation & Intercompany

• Perform monthly intercompany reconciliation and elimination of balances in BS and P&L.
• Manage cash pooling entries, interest calculations, and transfer of ICO balances to AP.

Accruals & Adjustments

• Calculate and post transport accruals, rebates, pension adjustments, and other month-end provisions.
• Perform LOCOM inventory valuation and IFRS 15 revenue recognition validations.

General Ledger & Clearing Activities

• Review AP/AR subledgers before close; ensure correct booking of invoices and payments.
• Clear bank/sub-bank accounts and reclassify entries to appropriate GL or subledger.
• Handle factoring accounting and monitoring of factored receivables.

Audit & Statutory Compliance

• Support local, group, and Factoring audits with required documentation and JE details.
• Prepare annual financial statements.

Management Reporting & Allocations

• Prepare overhead reporting for multiple entities and classify standard vs. non-recurring costs.
• Manage quarterly management fee allocations based on cost drivers.

Process Governance & Improvement

• Maintain and update process documentation (DTP/SOP).
• Drive process improvement opportunities and ensure adherence to internal controls.

Qualifications & Skills Required

Must Have

• Minimum 7 years of experience in R2R / GL / Consolidation / Month-End roles.
• Strong SAP proficiency (FI/CO essential).
• Experience with US GAAP and/or IFRS reporting.
• Experience in intercompany accounting, month-end close, and financial reporting.
• Strong understanding of accruals, reconciliations, ledger controls, and audit support.
• Advanced Excel skills.
• Ability to independently manage senior stakeholder communication.

Good to Have

• Experience with Sigma or any consolidation tool.
• Exposure to PPA, pensions accounting, or IFRS 15.
• Experience working in a global / multi-entity environment.
• Experience handling Netherlands/EMEA entities (added advantage).

Behavioural Competencies

• Strong analytical and problem‑solving skills.
• Ability to work under tight timelines.
• Excellent communication and stakeholder management.
• Proactiveness in handling issues and driving process improvements.
• High level of ownership and accountability.

To qualify for the role, you must have

• CA, ACCA (UK), CPA, or other relevant qualification
• 7-12 years relevant experience including experience in Insurance/Reinsurance

Ideally, you’ll also have

• Proficiency in MS – Excel, MS – Office.
• Flexibility and willingness to travel on short notice, as necessary
• Strong communication, Interpersonal, Analytical Skills & highly proactive in approach