R2R Transactional Lead

Position Summary

As the R2R Transactional Lead at NIQ you will oversee the management and governance of the Record to Report transactional processes within the Global Finance Operations. Your focus will be on ensuring the accuracy integrity and consistency of transactional accounting and financial reporting across various systems and processes. Key responsibilities include recording manual journal entries preparing reconciliations and resolving open items. The role also involves managing intercompany and fixed assets transactions bank statement uploads and reconciliation. Additionally the position requires handling monthend and yearend transactional close processes and preparing financial packs. The successful candidate will develop and monitor KPIs implement process improvements and demonstrate experience in leading large teams to ensure smooth financial operations. Strong leadership skills attention to detail and the ability to work collaboratively across departments are essential for this role.

The candidate will work closely with various teams to ensure accuracy compliance and timely completion of R2R activities including coordination of financial reporting and analysis.

Key Responsibilities

Recording of Manual Journal Entries:

• Ensure all manual journal entries are accurately recorded and processed in a timely manner.
• Supervise the generation and distribution of journal entries across multiple entities and regions.

Preparation of Reconciliations:

•    Review and reconcile financial balances on a regular basis to ensure accounts are aligned across entities.
•    Investigate and resolve outofbalance situations to ensure proper reconciliation and reporting.

Work on Open Items:

• Monitor and resolve any issues related to open items coordinating with internal departments as needed.
• Ensure timely clearing of open items to maintain accurate financial records.

Recording of Intercompany and Fixed Assets Transactions:

• Oversee the recording of intercompany and fixed assets transactions ensuring accurate tracking and documentation.
• Liaise with crossfunctional teams to streamline and document these transactions effectively.

Bank Statement Upload Clearing of Open Items and Reconciliation:

• Manage the upload of bank statements and ensure timely clearing of open items.
• Reconcile bank statements with financial records to ensure accuracy and completeness

Closing Activities Sub Ledgers FA and GL Close:

• Manage the monthend and yearend close processes for sub ledgers fixed assets and general ledger ensuring timely and accurate financial reporting.
• Monitor and resolve any issues related to the close process coordinating with internal departments as needed.

Preparation of Monthly Quarterly and YearEnd Pack:

• Oversee the preparation and review of monthly quarterly and yearend financial packs ensuring compliance with accounting standards and regulations.
• Liaise with crossfunctional teams to streamline and document financial reporting processes effectively.

People Development and Team Leadership:

• Lead and mentor a team of accountants providing guidance support and performance feedback.
• Provide strategic leadership and talent development and management activities for direct reports and their organizations to include forecasting resource needs recruiting hiring performance management and training

KPI Driven Performance:

• Develop and monitor key performance indicators (KPIs) to drive performance and achieve financial goals.
• Implement process improvements based on KPI analysis to enhance efficiency and accuracy.

Experience of Leading Big Teams:

• Demonstrate experience in leading large teams ensuring effective team management and collaboration.
• Coordinate with various departments to ensure smooth financial operations and address complex issues.

Qualifications :

• • Bachelors degree in Accounting
  • Professional certification such as CA (Chartered Accountant) CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) is mandatory.15 20 years of experience required 
  • 1520 years of experience in accounting with at least 12 years focusing on R2R transactional  processes.
  • Strong understanding of accounting standards financial reporting and related global compliance issues.
  • Experience with multinational organizations and familiarity with complex financial structures.
  • Proficient in SAP ERP systems and Excel.
  • Working knowledge of US GAAP and IFRS with demonstrated experience in managing financial reporting and reconciliations.
  • Proven track record of process improvement and automation in finance org.

Skills and Competencies:

• • Strong understanding of accounting principles financial reporting and reconciliation processes.
  • High level of accuracy in recording and reviewing financial transactions and balances.
  • Ability to investigate and resolve discrepancies analyze financial data and implement process improvements.
  • Proven experience in leading and mentoring a team providing guidance support and performance feedback.
  • In change management and process optimization implementing process improvements and automation to enhance efficiency.
  • Excellent verbal and written communication skills to liaise effectively with crossfunctional teams and stakeholders.
  • Ability to manage multiple tasks and deadlines ensuring timely completion of financial processes and reporting.
  •  Proactive approach to identifying and resolving issues related to financial transactions and reconciliations.
  •  Proficiency in financial software and tools including ERP systems and Excel.
  • Ability to foster a collaborative and productive work environment working effectively with various departments.
  • Experience in developing and monitoring key performance indicators to drive performance and achieve financial goals.

Additional Information :

Our Benefits

• Flexible working environment
• Volunteer time off
• LinkedIn Learning
• EmployeeAssistanceProgram (EAP)

About NIQ

NIQ is the worlds leading consumer intelligence company delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023 NIQ combined with GfK bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insightsdelivered with advanced analytics through stateoftheart platformsNIQ delivers the Full View. NIQ is an Advent International portfolio company with operations in 100 markets covering more than 90% of the worlds population.

For more information visit NIQ.com

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Our commitment to Diversity Equity and Inclusion

NIQ is committed to reflecting the diversity of the clients communities and markets we measure within our own workforce. We exist to count everyone and are on a mission to systematically embed inclusion and diversity into all aspects of our workforce measurement and products. We enthusiastically invite candidates who share that mission to join us. We are proud to be an Equal Opportunity/Affirmative ActionEmployer making decisions without regard to race color religion gender gender identity or expression sexual orientation national origin genetics disability status age marital status protected veteran status or any other protected class. Our global nondiscrimination policy covers these protected classes in every market in which we do business worldwide. Learn more about how we are driving diversity and inclusion in everything we do by visiting the NIQ News Center: