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Open nowPosted 286 days ago

Team Lead – General Accounting (Grade 14) (2)

ScaleneWorks INC

Where
Bangalore
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Your applicationOpen nowTeam Lead – General Accounting (Grade 14) (2)ScaleneWorks INC · Bangalore

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  6. 58.1%60 days
This job: posted 286 days ago

The posting

Team Lead – General Accounting (Grade 14)

## Company Overview ABB is a global leader in technology and manufacturing, actively driving the transformation of society and industry towards a more productive and sustainable future. The company promotes diversity and inclusion across all dimensions, encouraging an environment where individual differences are celebrated.

## Job Summary As the Team Lead for General Accounting, you will oversee a team dedicated to ensuring the accurate and timely completion of Bank Reconciliation and related accounting functions. You will report to the Accounting & Reporting Manager and contribute to ABB's operational goals in a collaborative setting.

## Responsibilities - Monitor and manage the Bank Reconciliation Services (BRS) team, ensuring timely recording of bank transactions in the Central Finance (CFIN) / ERP systems. - Coordinate with business units, Treasury, and Payroll teams regarding unallocated transactions to prevent carryover into subsequent months. - Maintain and oversee the exchange rate uploads in ERP systems, ensuring compliance with Control (CAR) requirements for monthly exchange rate reconciliations. - Review reconciled General Ledger (GL) accounts through the group tool to ensure completeness and accuracy. - Conduct knowledge transition (KT) sessions and take over accounting activities for countries transitioning to Bangalore. - Standardize accounting processes across all clusters to enhance efficiency and effectiveness. - Implement newly developed programs designed to streamline accounting processes across all clusters. - Address internal and external audit queries by providing necessary documentation and clarifications. - Initiate quality improvement initiatives within the General Accounting team.

## Qualifications - Educational Background: Bachelor’s or Master’s degree in Accounting, Finance, or Commerce. - Experience: 10-15 years of experience in general accounting, reporting, and journal entry processing. It is preferred to have 5-10 years of experience specifically in Bank Reconciliation activities in large organizations, along with team management experience. - Technical Skills: - Experience with Record to Report (R2R) processes. - Proficiency in MS Office; knowledge of SAP is mandatory. - Soft Skills: Strong communication skills and adaptability to various shift timings.

## Preferred Skills - Familiarity with financial regulations and compliance standards. - Experience in quality improvement methodologies. - Strong analytical and problem-solving capabilities.

## Experience Minimum of 10-15 years of relevant experience in general accounting, with a focus on reporting and bank reconciliation processes.

## Environment This position is based in Bangalore, Karnataka, India, and follows a work model that is either on-site or hybrid, depending on operational needs.

## Growth Opportunities Employees in this role can expect potential advancement within ABB’s Finance & Accounting division, with opportunities to take on more leadership responsibilities.

## Benefits - Comprehensive benefits package including health insurance, paid leave, and other employee welfare initiatives.

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