R2R & Compliance Manager

Company Profile:

We’re a professional, dedicated team operating in every major market across the globe, with a knack for helping businesses thrive and expand. We offer our payroll, employer of record (EOR) and accounting services to businesses of all sizes in a growing number of over 100 countries — and counting!

TopSource Worldwide brings a level of service and business value to midsize companies that were previously only available to the largest global corporations. Our services are easy to deploy, affordable and scalable — from basic payroll and accounting functions to complete employer-of-record (EOR) solutions.

We champion and invest in our people and provide a supportive environment. For our clients, we are a trusted partner and operate in a consultative and collaborative way to drive win-win outcomes at every opportunity.

Sound good? Then, carry on reading...

Role summary

You will be responsible for global accounting and compliance activities, including production and review of monthly/quarterly/ annual accounts, filing of statutory returns and all compliance activities of the specific legal entities within the TSW group assigned to you. The role involves working closely with other members of the Finance team like O2C/P2P/Treasury, etc as well as co-ordination with the local in-country partners in the respective countries. The role includes maintaining and improving the process compliance and implementing operational process governance, including consequence management.

You will report to the Head - R2R & Compliance and will have a small team reporting to you of GL Specialists, who will be responsible for the nominal activity review, Balance Sheet Schedules. 

Base location: India (Pune) 

Reports to: Head - R2R & Compliance

Roles & Responsibilities 

• Ensure all financial close activities are completed timely and in accordance with corporate timeline, guidelines and policies for the global entities assigned to you and your team.
• Planning & coordinating with finance & business operation teams on financial data & report, transacting accounting entries, ensuring completeness & timeliness of entries booking.
• Month-end close activities will include: -
  • Preparation and posting of month end journals
  • Nominal Ledger/ GL Scrutiny for the assigned entities and review your team’s work
  • Monthly/quarterly/annual closing activities and preparation of financial statements (management accounts / statutory accounts), variance analysis, etc.
  • Preparation of monthly Balance Sheet Reconciliations in standard pre-agreed formats, including inter-company reconciliations and help drive culture of Balance sheet “cleanliness”
  • Review all financial transactions in-line with the approved policies and procedures
• Compliance activities will involve:
  • Liaise with consultants/ local in-country partners, auditors, etc for the entities assigned to you and support financial controller in GAAP & local statutory reporting and fillings.
  • Understand and deliver for each entity the monthly/quarterly or annual compliance tasks (Sales tax/ VAT, payroll taxes, statutory reporting, corporation tax, financial statements etc)
  • Involvement in Audit compliance & other internal/ external audit requirements.
• Team Management:
  • Assist subordinates and colleagues by providing inputs in resolving queries/ issues (in domain, systems, tools used for processing).
  • Motivate and grow teams to deliver & exceed the promised service.
  • Independently able to research and resolve issues.
• Other attributes:
  • Identify opportunities to improve the company’s financial and operational performance.
  • Work on continuous improvements on accounting/close processes.
  • Assist with system testing ensuring internal controls issues are detected, reported and working as required.

Key Attributes & Skills 

• Exposure to ERP environments (Oracle Netsuite preferred) and good understanding of use of control accounts/ sub-ledgers, FX revaluation, and month-end close processes.
• Experience in managing teams and worked in a collaborative environment.
• Exposure to international accounting and managing international accountants/ auditors/ consultants.
• Possesses strong analytical, problem solving and inter-personal skills.
• Possesses excellent attention to detail, self-starter, quick learner, independent and team player with ability to drive initiatives and change.
• Good communication and presentation skills.
• Proactive and self-motivated with a high level of commitment
• Able to work effectively in a team environment, high level of integrity, initiative and a sense of urgency.
• Strong working knowledge of Microsoft Office application particularly Excel, Word, Powerpoint.
• Excellent negotiation and communication skills in English

Desired Qualifications:

• Qualified CA
• Minimum 3 years of working experience in the related field preferably in Shared Service environment in a Global Capability Center.

To apply for this job, please fill out the below Job Application Form.