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Team Lead/ Sr. Team Leader Financial @ Hexaware Technologies

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 Team Lead/ Sr. Team Leader Financial

Job Description

1.Position Objective

  • The incumbent would be part of the Financial Reporting team and the primary responsibility will be to manage a team of upto 10 Analyst, Sr Analyst & Supervisor preparing Financial Statements such as Statement of Asset and Liabilities, Statement of Operations, Statement of Change of Net Assets, Cash Flow Statement, Financial Highlights and Notes to Financial Statements that are handled out of Harmony process of Hexaware BPS, process and review Financial Statements, manage communication with onshore partners, respond to Auditor queries, maintain KPIs and SLA, highlight process improvement opportunities, analyze and reduce errors, etc.. Passing on the process updates to the team members, identify gaps and conduct feedback and refresher sessions with employees to improve Quality of Financial Statement and interacting with the process manager and the team to improve the process.

2.Business environment


  • Vertical : Harmony
  • Process Name: Financial Reporting
  • Scope: Preparation of Financial Statements

    3.Organization chart


    • Reporting To: Process Manager
    • Reportees (if Any): Analysts, Sr Analysts & Supervisor


    4.Principal Accountabilities & Responsibilities


    R-

    Responsible" The Doer" - The individual(s) who actually do the job. The degree of responsibility is defined by the accountable person. Responsibilities can be shared.


    A-

    Accountable "The Buck Stops Here" - The individual who is ultimately accountable - their neck is on the line if the job isn't done! They have the power of veto. Only one 'A' can be assigned to an activity or decision. They can delegate the 'R' (or choose to do them)


    C-

    Consulted "In the Loop" - The individual(s) who need to be consulted prior to a final decision or action being taken. This is TWO-WAY communication. Consulted may not have a direct part in the task but is impacted by its completion. Their input may be necessary.


    I-

    Informed"Keep in the Picture" - The individual(s) who need to be informed after a decision or action is taken. This is ONE-WAY communication. Input from the informed party is not necessary - but they will need to know. They may be required to take action as a result of the outcome.


    Accountabilities & Responsibilities

    Strategic

    Providing Necessary Technical Leadership To A Team Of Resources

    Coordinating With Onshore Teams During Training, Ramp up, Parallel and Live Phase Of Process

    Client Handling, Support And Communication

    Sending Financial Statements To Client As Required

    Report

    Report Progress At A Team Level - Keep PM And PL Updated

    Responsible For Ensuring SOPs Are Up To Date

    Responsible For Sending EOD Report

    Responsible For Any Other Adoch Reporting

    Resource Management

    Responsible For Process Training Of Resources

    Responsible For Backup Planning Of Key Resources

    Responsible For Employees Productivity and Utilization

    Responsible For Maintaining And Updating Team Skills Matrix

    Performance Management

    Conducting Monthly Feedback Sessions - Providing Feedback On Financial Statements Prepared.

    Analyzing Team Performance And Identifying Training Needs.

    Ensuring Process/ Refresher Training Is Conducted On The Basis Of Error Prone Areas.

    Preparing And Publishing Monthly Score Cards.

    Ensure SLAs & KPIs Are Met.

    To drive process improvement initiatives

    Appraisals - Midterm/ Annual - Provide Feedback And Inputs On Team Members To PM

    Employee Life Cycle

    Judging Employees Performance During Training And Providing Feedback To PM

    Ensuring Grievances Are Handled Effectively And Escalating As Required

    Responsible For Planning Employees Coverage across All Shifts

    Inducting and Separating Formalities Of Team Members

    Production

    Preparation And Finalization Of Monthly Production Schedule With Consent Of Onshore Partners

    Responsible for Preparation And Review Of Financial Statements

    To Ensure All Deadlines Are Met Asper Production Schedule

    Resolving Queries And Problems Of Team Members

    To Drive Process Improvement initiatives

    To Conduct Training For Employees For New Updates Or New Client

    Maintain daily records, MOMs and Action items

    Analysis Of Errors/ Issues And Creation Of Plan Inorder To Mitigate The Same

    Responsible For Timely Escalation Of Issues/ Problems That Require Attention Of PM Or Clients

    Responsible For Issue Tracking And Resolution

    Ensuring Continuous Improvement Of Financial Statement's quality

    Gives subordinate opportunities to develop their own expertise and delegates effectively to ensure shared responsibility for work output

    Compliances

    Adhering To Company Policies, Rules And Regulations

    Following Financial Statement Processes Thoroughly - Checklists, Standards Etc. On Process

    Adhering to Work Timings, Leave Schedules


    Required Candidate profile

    Qualifications and Technical Competencies Required


    Education

    Mandatory: Primary degree in accounting/finance related discipline

    Experience

    Min 7 yr of experience in Financial Reporting and 3 yr as Team Lead/ Sr. Team Lead.

    Technical Competencies: (Job related)

    Knowledge of UNITY will be asset.

    CA, CFA & CPA in progress or completed will be an asset.

    Excellent knowledge of accounting standards (Irish GAAP, IFRS, Luxembourg GAAP, US GAAP).

    Professional accountancy qualification will be an asset (qualified or part qualified).

    Highly organized, detail oriented with strong reviewing skills and a high degree of accuracy, continuously seeking learning opportunities and striving to achieve the highest level of professional success.

    Ability to work as part of a team in a potentially high pressure, client-driven environment.

    Fostering Team Spirit, creating an atmosphere of cooperation and common goal achievement by contributing and encouraging others.

    Must possess strong reviewing skills.

    Must possess exposure of all reclassification and adjustment entries.

    Should be well versed with MS Office (Word, Excel, PowerPoint and Outlook)

    Soft Skills: (Job related)

    Excellent oral, written communication and interpersonal skills and the ability to communicate at all levels

    Others

    Mandatory: Should be open to rotational shifts/Weekly offs

    Desirable: Financial Reporting Background


    Purpose

    The objective of this document is to provide the Job Description and specifications for all the designations in the process


    Intended Audience

    The JD - Executive has been prepared targeting the following audience.

    1. Team Lead/ Sr. Team Leader Financial Statements


    Contact details- 8689844***

    Job Classification

    Industry: BPO, Call Centre, ITeS
    Functional Area: ITES, BPO, KPO, LPO, Customer Service, Operations,
    Role Category: Back Office/Web/Transaction Processing
    Role: Back Office/Web/Transaction Processing
    Employement Type: Freshers

    Education

    Under Graduation: Any Graduate in Any Specialization, B.Com in Commerce
    Post Graduation: Any Postgraduate in Any Specialization
    Doctorate: Doctorate Not Required

    Contact Details:

    Company: Hexaware
    Location(s): India

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    Keyskills:   Financial Reporting Process Training Feedback Finance Preparing Financial Statements Team Leading Process Management Technical Leadership Auditing Cash Flow Statement

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    Hexaware Technologies

    Hexaware BPS is a unit of Hexaware Technologies Ltd. We are currently staffed at 2000+ people across Navi Mumbai (Mahape) Chennai, Nagpur and US. Ranked 15th in the NASSCOM Top 20 IT Software & Services Exporters from India, we also rank among the Top 20 Best IT employers in India by DQ-IDC fo...