Finance Manager - GL Accounting

NEC Software Solutions (India)

On 1st July 2021, Rave Technologies became NEC Software Solutions India. This change brought us under the global NEC Corporation brand. We are proud to be part of an organisation with 122 years of experience in evolution with technology and innovation.

We have more than 30 years of experience in providing end to end IT services across the globe and have earned a reputation for delighting our customers by consistently surpassing expectations and helping them deliver robust, market-ready software products that meet the highest standards of engineering and user experience. Supported by more than 1300 exceptionally talented manpower, we are a hub for offshore support and technology services.

We work with diverse industry verticals which include publishing, media, financial services, retail, healthcare and technology companies around the world. Our customers range from two-person startups to $bn listed companies.

For more information, visit at www.necsws.com/india.

About NEC Corporation

NEC Corporation is a Japanese multinational information technology and electronics company, headquartered in Tokyo, Japan. It is recognised as a ‘Top 50 Innovative Company’ globally and the NEC Group globally provides “Solutions for Society” that promote the safety, security, fairness and equality of society. Their main goal is to help create a safer society with their innovations in technologies.

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.

For more information, visit NEC at https://www.nec.com.

Experience (years):

11 to 16 years of experience.

Location:

Mumbai (Airoli) and Bangalore

Working Hours:

8.5 hours / day (APAC Shift)

Role Summary:

The Finance & Accounting Manager is responsible for overseeing the financial operations of the organization, ensuring accurate reporting, compliance with regulatory standards, and effective financial planning

Essential:

• Strong knowledge of accounting principles (GAAP, IFRS), general ledger management, and month-end/year-end closing processes
• Strong attention to detail, organised and results orientated
• Good working knowledge of Finance processes
• Excellent verbal and written communication skills
• Exposure to SAP Finance & relevant modules
• RTR process re-engineering and project management skills
• Good working knowledge of Microsoft office

Overall Project/Task description

• Manage routine accounting activities including AP, AR and RTR
• Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
• Supervise GL entries, reconciliations, and ensure accuracy of financial data
• Ensure timely processing of vendor payments and customer collections
• Oversee accounting for inventory, fixed assets, and depreciation
• Strong hands-on experience in SAP PS (Project System) and integration with FI (Finance) and CO (Controlling) modules
• Knowledge of settlements (CJ88) from projects to cost centers, assets, or profitability segments.
• Experience with internal orders, cost centers, and profit centers in SAP CO.
• Work with revenue recognition methods in SAP (percentage of completion, completed contract)
• Ensure adherence to financial regulations, tax laws, and internal policies
• Act as a financial advisor to operations, providing insights and recommendations
• Prepare customized financial reports for internal stakeholders, including department heads and senior management
• Prepare and support internal and external audits, ensuring timely responses and documentation
• Establish and monitor internal controls to safeguard company assets and ensure data integrity
• Identify inefficiencies and lead automation
• Manage and mentor finance staff, fostering a culture of accountability and continuous improvement
• Act as a financial advisor to operations, providing insights and recommendations
• Assist in tracking and reporting financial aspects of environmental, social, and governance initiatives
• Establish clear performance metrics for finance processes (e.g., invoice processing time, reconciliation accuracy)
• Track adherence to agreed service levels across finance functions like AP, AR, GL, and reporting
• Regularly analyze KPI dashboards to assess team performance and process efficiency
• Define clear, measurable goals aligned with business and finance objectives for each team member
• Lead structured performance review discussions with team members, providing feedback on achievements and development areas
• Manage transitions of finance processes to shared services or new platforms, ensuring minimal disruption
• Drive change initiatives, communicate effectively with stakeholders, and manage resistance
• Act as a liaison between finance and other departments to ensure smooth execution of initiatives or implementation

Education:

Preferred Bachelor’s Degree/M.Com/ MBA / Cost Accountant