Process Manager

Based in Hyderabad, this role involves managing the end-to-end delivery of Finance & Accounting (F&A) activities, specifically General Ledger (GL) Accounting and Accounts Payable (AP), for a financial services client. The position requires oversight of month-end closing processes, including GL close, monthly accruals, P&L finalization, and financial and statutory reporting. The candidate will ensure timely and accurate completion of all AP activities such as vendor setup, invoice processing, payments, and query resolution. Maintaining effective SOX controls and ensuring full compliance with contractual requirements are key aspects of the role. Additionally, the role involves driving transformation initiatives aligned with group finance transformation goals, providing audit support as the liaison for internal and external auditors, and contributing to organizational and program budget creation. The candidate will also participate in developing and implementing organizational strategies, policies, and practices.

Key Responsibilities

- Ensure timely and accurate delivery of all AP deliverables.
- Manage month-end and quarter-end closing activities and related financial reporting.
- Lead a large team of approximately 100 professionals, primarily accountants, across multiple sub-functions including invoice and payment processing, vendor setup, settlement reconciliation, month-end closing, consolidation, and financial statement preparation.
- Play a significant role in long-term financial planning and operational excellence initiatives.
- Oversee monthly and quarterly financial assessments and forecasts, ensuring alignment with budgets and organizational goals.
- Facilitate performance reviews for all F&A processes and promote best practices within the team.
- Identify training needs for F&A staff and collaborate with department representatives to develop training plans.
- Drive strong compliance and governance frameworks across all finance operations.

Required Qualifications

- Qualified accountant with CA or ICWA certification.
- Proven experience in finance and accounting operations or management.
- Strong background in month-end closing and accounts payable functions.

Behavioral Competencies

- Demonstrated leadership skills in managing and engaging diverse, high-potential professionals, predominantly CA/ICWA qualified.
- Excellent verbal and written communication abilities.
- Skilled at managing multiple senior-level stakeholders effectively.
- Strong governance mindset with experience driving multi-stakeholder engagement.
- Knowledge of organizational effectiveness and operations management, with a focus on implementing best practices.
- Collaborative management style with excellent interpersonal skills.
- Comfortable working in diverse environments, including BPO setups.

Functional Competencies

- Proficiency in IFRS and US GAAP accounting standards.
- Experience managing multiple F&A activities within an offshore environment.
- Prior exposure to GL close and accounts payable processes is preferred.

Additional Requirements

- Flexibility to work USA shift hours.
- Availability of a valid passport and willingness to travel on short notice.

Selection Process

- Domain assessment focusing on F&A, specifically GL and AP.
- Interview with senior management.
- Final HR round.

This role offers an opportunity to lead a large finance team and contribute significantly to the financial operations and transformation initiatives of a prominent financial services client. Candidates with strong leadership capabilities, technical expertise, and the ability to manage complex finance functions in an offshore environment will find this position rewarding.