Senior Manager Accounting

Sr. Manager-Accounting

About Medline:

Medline has a rich legacy of 100+ years of business in the Healthcare segment. We at Medline India have completed around 12 years of our operations and currently have a 1000+ strong and growing team of technology, finance & and business support professionals who support our businesses worldwide towards a mission to make healthcare run better.

We are an organization with a conducive work environment, ample opportunities to learn, contribute, and grow, and a highly empowered & engaged team. We encourage our people to share their best ideas and create new opportunities for our customers and ourselves to work together to solve today’s toughest healthcare challenges. These are testimonies to Medline being consistently ranked as Best Employers in multiple categories by Forbes for the last couple of years. We have also been listed at #16 place on the Fortune 500 list with $20 billion in sales last year. At Medline India # PeopleMatter.

What do we offer:

• An employee-friendly work culture, fair & transparent practices, continuous learning and competitive pay and leading employee benefits.
• Encouragement to transition to different streams/roles as everything is ‘in-house’
• Prospects to work on latest & greatest technologies, value added analytics
• High focus on quality and a dynamic work environment with abundant career development opportunities
• Flexible work schedule ensuring a perfect work-life balance
• Ample employee-centric benefits fostering employee health and well-being
• Inspiration to create positive social & environmental changes.
  
  

Job Description:

This senior manager role will manage India's corporate accounting and close team, which consists of 15+ professionals in India.

Provide technical expertise in GAAP accounting and drive the global financial close, following best practices. Manage the related accounting processes to the highest level of quality, including deliveries for stakeholders. Supervise the consolidated and statutory audit as it relates to the India team.

Lead process improvements in accounting and financial reporting, including enhanced reporting, system utilization/implementation, internal controls, and policy/process development. Manage change cross-functionally.

Prepare and review reporting for stakeholders, including financial statement preparation and analytics for entities and accounts under their purview

MAJOR RESPONSIBILITIES:

• Corporate Accounting Responsibilities:
• Oversee accounting for the U.S. and all holding companies, with ownership of SG&A, COGS, All assets and liabilities related expenses, ensuring compliance with U.S. GAAP
• Own the P&L and balance sheet as well as fluctuation analysis, including preparation and/or review
• Review close data, material journal entries, and account reconciliations
• Oversee complex accounting areas requiring significant management estimates and judgments (e.g., CECL and key reserves); apply GAAP expertise to conclude accounting treatment, review ongoing accounting, and ensure accuracy
• Recommend and drive process improvements
• Close Responsibilities:
• Manage the accounting ledger close, including alignment of deadlines and deliverables among all accounting teams globally
• Accelerate the ledger close to report the results by fifth business day
• Act as primary liaison with US leadership team and external auditors and oversee the request list for the consolidated audit
• Accountable for the account reconciliation and journal entry review/approval processes
• Contribute to the development of KPIs and reporting to drive accountability for global accounting teams for key areas: close checklist/timelines and balance sheet reconciliation/journal entry policy compliance.
• Project and Process Improvement Responsibilities:
• Drive or support the strategy and execution of key Global Controllership and cross-functional initiatives, including new business initiatives, system integrations, process improvements, and other major change management impacting accounting and systems
• Proactively identify areas for process improvement, enhanced compliance, and efficiencies
• Assist with the integration of new businesses in the areas of accounting, global close process, and related internal controls. Support
• When needed, get into the details to drive execution and success
• Manage/prepare other ad hoc reporting, requests, and process improvements as needed in the course of business for assigned areas. Provide other supporting schedules as needed for tax or audit purposes.
  
  

Management responsibilities include:

• Typically manages through Managers
• Strategic, tactical and operational planning (12 + months) for India team
• Hiring staff, recommending pay increases, performing performance reviews, training and development of staff, estimating personnel needs, assigning work, meeting completion dates, interpreting and ensuring consistent application of organizational policies
  
  

job Requirements

Education

Bachelor’s or Master’s degree in accounting, finance, or business.

Certification / Licensure

• Chartered Accountant (CA), CPA (US) or ACCA (UK)
• Work Experience
• At least 10 years of accounting experience, focused on GAAP accounting, close and reporting, analysis, and related controls.
• Hands-on experience in SAP and Blackline
• Team Management experience of a team of 15+ associates
  
  

Knowledge / Skills / Abilities:

• Broad U.S. GAAP accounting expertise.
• Experience applying advanced knowledge of accounting practices, controls, and systems. Knowledge of best practices in these areas. Experience in process improvement and optimization of these areas.
• internal controls experience, including change management. SOX controls experience is required.
• Proven success in coaching, mentoring, and training staff and optimizing team performance to achieve superior results; previous experience leading other people managers and organizational design
• Proven track record of leading projects cross-functionally and being a trusted business partner. Experience leading change management.
• Excellent attention to detail and strong communication skills, including preparing and delivering cross-functional and leadership-level presentations.
• Ability to manage competing priorities and adapt to change.
• SAP, Blackline, AS400, and QAD system experience. SAP is strongly preferred. System implementation experience preferred.
• Consolidation system experience (e.g., Oracle EPM cloud) preferred.
• IFRS experience preferred