As member of Manila Finance Leadership Team, the R2R Senior Manager, Elsevier will be accountable for delivering efficient and effective operations of all R2R processes for the entire Elsevier division in scope to high quality standards that meet/ exceed key objectives and service levels. The R2R Senior Manager is expected to be the business partner for business units. Responsible for coordinating the resolution of accounting issues and ensuring that the global processes for R2R are met. Responsible for all aspects of accounting for sets of books as assigned. Also accountable for ensuring that all aspects of accounting are carried out in accordance with company policies and procedures. Ensure that general accounting polices are aligned across companies. The R2R Senior Manager is also responsible for engendering a Right First Time culture within the Global R2R operations and responsible for helping drive the R2R Elsevier organization an environment with improvement mindset that focuses on efficiency, effectiveness and quality of service across the whole end-to-end R2R process.
Accountabilities:
Service delivery
Manage performance of the R2R Global team to agreed outcomes.
Together with Finance Operations leaders and GPO, agree periodic targets on KPIs and SLAs and by clear dashboard reporting ensuring that focus is also given to transactions that fall outside the agreed service levels and engendering a Right First Time culture.
Facilitate partnership between the team and Finance organization.
Manage and monitor activities including the management of R2R dashboard reporting.
Work in close alignment with the teams in ensuring changes in policies and procedures are implemented.
Manage the team to deliver processes to agreed service levels and monitor performance.
Review internal controls and resolve all gaps in a timely manner
R2R Senior Manager will oversee the global R2R operations located in Manila (main hub), Malaysia, India, China and Japan.
Regularly communicate with Senior Finance stakeholders, including the division's CFO, about status and health of accounting processes and control performance.
Demonstrate thought leadership in R2R processes, benchmarking own processes to best practices and identify opportunities to introduce and implement best practices.
R2R Senior Manager is expected to lead and support the migration/implementation of the new ERP system (FUSION).
R2R processes and systems compliance
Manage the team in the delivery of:
Bank Reconciliations, Cash management, Cash Accrual, Holiday Accrual, VAT return, Escheatment, Payroll Accounting, Postage and Handling calculation, Submitting statutory declarations, Sales & Use tax reporting , BS Reconciliations, i- Expense booking, TB analysis, Provision booking , AR Aging , Suspense Clearing Hyperion/CFR, Management Reporting, Project accounting, Headcount Reporting, Benefit Allocations, CFR Upload , Revaluation
Ensure all entries are posted to general ledger in an accurate and timely manner and prepare management reports for the assigned sets of books.
Maintain strong internal controls by having a full understanding of end to end process, and ensure that accounting policies and procedures are adhered to. In addition, ensure compliance and alignment across companies and business units, that is to simplify, streamlined and standardized the end to end processes.
Have a full understanding of all systems related accounting and participate in implementation of new applications (FUSION), modules, systems upgrades and user acceptance testing. Review monthly journal entries for accuracy and completeness. Ensure all entries are posted to Oracle. Review monthly account reconciliations and ensure all discrepancies are resolved in a timely manner.
Ensure that interfaces from subsystems to Oracle are in balance and are posted to Oracle. Work with IT and Super Users to resolve problems.
Design and maintain reports on Oracle.
Co-ordinate audit activities for the assigned set of books. Responsible for statutory audit, tax compliance and ensure that these are completed on timely basis. Resolve audit points.
Liaising with business units, Business Controllers, Business partners, Operations. Take a proactive approach to developing new policies and procedures as needed to fit changing business needs.
Monitor and track MJE total volume and ensures entries are in compliant with the accounting policy thresholds.
Relationship Management:
Manage the relationship and service level management with the FinOps teams
Manage escalations for R2R team, internal and external customers and stakeholders & employees
Play a pro-active role in internal and external relationship management.
Liaise with onshore teams to agree on SLAs, targets and ensure that target deliverables are achieved for both Elsevier for in scope activities.
Liaise with vendors and Global Procurement as required.
Lead process/control walk-throughs and interactions with internal and external auditors, especially during SOX audits and quarter-end and year-end audits
People Management:
Manage R2R teams consisting of around 80 people, developing annual objectives, succession planning and cross training
Responsible for allocating tasks/duties within the team and ensuring cohesive team working.
Act as a people manager; motivate the team to achieve required targets and performance standards and through high quality performance management including 1:1 coaching.
Provide coaching and support to help achieve performance expectations within the team.
Appraise people results, select people and stimulate career development
Requirements:
Must have degree in Accounting
Must be a Certified Public Accountant
10-15 years related work experience.
Minimum of 10 years people management experience.
Excellent Excel skills. Experience with major enterprise accounting systems such as Oracle, Fusion, SAP
Experienced to operate in a tight SOX / business control environment
Experienced in operating in a large multinational company with multiple stakeholder interactions such as Centres of Expertise, Business Decision Support Teams and Central Finance Teams
Experienced in managing large teams to excellence
Good English communication skills required.
Very good knowledge and practical experience in implementing CI initiatives. Blackbelt preferred
Experience in Transformation, RPA or AI is a plus
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