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Head of Central Finance
We are seeking an experienced Record to Report (R2R) Solution Lead to lead and mentor a team of Solution Architects responsible for the configuration, optimization, and support of R2R processes within the Central Finance (CFIN) system. In this role, you will oversee the R2R team’s day-to-day activities, guide them in resolving complex system issues, and drive continuous improvement of R2R processes across the organization. You will also be responsible for collaborating with key stakeholders to ensure that R2R systems and processes are aligned with business objectives, scalable, and compliant with internal standards. This position requires close coordination with internal teams, including Finance, IS Architecture, and external vendors, to maintain and evolve the R2R architecture, ensuring it meets business needs while adhering to company standards. The work model for the role is: #LI-Onsite This role is contributing to the Finance Services business Finance Process Data Systems division in Bangalore, India. You will be mainly accountable for: - Team Leadership & Development: Lead, mentor, and manage a team of R2R Solution Architects, providing guidance on best practices, process optimization, and system configuration. Foster a collaborative, high-performance team culture focused on achieving R2R excellence. - R2R Process Ownership: Oversee the configuration, implementation, and ongoing support of R2R processes within the CFIN system, ensuring processes are optimized and aligned with organizational goals. Key areas include General Ledger (GL) accounting, month-end and year-end closing, financial reporting, consolidation, reconciliations, intercompany accounting, Group Reporting and financial statement. Expertise in Intercompany Matching and Reconciliation & should have good exposure in making Rules/Exposures & locking down the complex scenario to make better ICMR capabilities with more futuristic visibility. Expertise in Balance sheet account reconciliation & how this concept can help us to achieve wider view. Operational visibility based on Hyperion & Financial Management & reconciliations done on various levels. Expertise in managing global & structural level on FSVs: Financial statements - Stakeholder Collaboration: Collaborate with business process owners, IS architects, technical teams, and other key stakeholders to understand business requirements, define functional specifications, and ensure R2R processes integrate seamlessly with other enterprise systems. Ensure alignment between R2R processes and other finance functions (e.g., O2C, P2P, P2D, Data, Treasury, Tax). - Project Management: Lead R2R system initiatives, including upgrades, enhancements, and new implementations, ensuring timely, cost-effective project delivery. Manage timelines, resources, and deliverables, ensuring successful outcomes and stakeholder satisfaction. - System Optimization & Automation: Drive continuous process improvements by identifying opportunities for automation, efficiency gains, and system enhancements within the R2R landscape. Ensure that new solutions meet both business and technical requirements while adhering to industry standards and best practices. - Cross-Functional Coordination: Serve as the primary point of contact between the R2R team and other business processes (e.g., P2P, O2C, Treasury, Tax) to ensure smooth and efficient integration and operational performance. Facilitate coordination with external vendors and service providers to ensure optimal solutions for R2R-related activities. - Quality Assurance & Compliance: Ensure all R2R configurations, processes, and solutions comply with internal finance standards, regulations, and best practices. Oversee testing, documentation, and change management activities for R2R systems and processes. Troubleshooting & Issue Resolution: Lead the resolution of complex R2R-related system issues, escalating critical problems as necessary. Ensure prompt and effective resolution of operational disruptions to maintain system uptime and business continuity. - Performance Metrics & Reporting: Define, monitor, and analyze key performance indicators (KPIs) to assess the efficiency and effectiveness of R2R processes. Provide regular status reports and performance analysis to senior management. Continuous Learning & Knowledge Sharing: Encourage continuous learning and professional development within the R2R team. Stay abreast of emerging trends, technologies, and best practices in financial processes, system management, and R2R process optimization.
Finance Services is ABB’s shared services organization which delivers operational and expert services in Finance, with employees based in five main hubs and front offices, finance service provides mainly Business services to ABB teams across the globe as well as supports with external customer inquiries. We value people from different backgrounds. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStory
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