Senior Manager of Accounting
Bengaluru, KA, India15h ago
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Key details
- Location
- Bengaluru, KA, India
- Work style
- Hybrid
- Level
- Lead / Staff+
- Job type
- Full-time
- Experience
- 6–8 yrs
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- 15h ago
Skills
About the role
Who are we?
At Finastra, we’re a global leader in financial services software, dedicated to expanding access to financial services and shaping what’s next for the industry. Our technology powers mission‑critical solutions across Lending, Payments and Universal Banking, supporting over 7,000 customers, including 80% of the world’s top 50 banks, in more than 110 countries.
Finastra: Who are we?
Formed in 2017 by the combination of Misys and D+H, we provide the broadest portfolio of financial services software in the world today—spanning Lending, Payments and Universal Banking businesses.
Our solutions enable customers to deploy mission critical technology on premises or in the cloud. With our scale and geographical reach we drive valued solutions and opportunity for customers regardless of size or geography. Through our open, secure, and reliable solutions, we empower customers to accelerate growth, optimize cost, mitigate risk and continually evolve to meet their changing needs.
Universal Banking business:
In June 2026, Finastra agreed to sell its Universal Banking business to Pollen Street Capital, with the sale expected to complete in early 2027. This newly created role reports to the Group Controller or Director of Shared Services and will play a critical part in establishing the Record to Report function for the new Universal Banking business. You will join Finastra initially and, on completion of the sale, your employment will transfer with the Universal Banking business to its new ownership.
Senior Manager – Record to Report
Location: Bangalore, India
Function: Finance – Record to Report
Reporting line: Director of Shared Services
Role purpose
Lead the core Record to Report accounting function from Bangalore of 5 to 6 accountants, delivering accurate books, a disciplined month-end close and well-supported balance sheet reconciliations across the entities in scope. This is a hands-on leadership role combining accounting expertise, team management and the development of scalable processes, controls and systems. Partner with specialist finance teams to ensure their outputs are correctly reflected in the general ledger, while maintaining clear accountability for activities within Record to Report.
Key responsibilities
General ledger and financial close
- Own the Record to Report close calendar, task allocation and delivery for entities in scope, coordinating dependencies with revenue, payroll, procure to pay, treasury and reporting teams.
- Oversee preparation, review and posting of journals, ensuring appropriate support, approvals, cut-off and consistent application of approved accounting policies.
- Manage non-revenue accruals, prepayments, provisions and other general ledger balances, working with business owners to validate assumptions and supporting evidence.
- Review trial balances and account movements, investigate unexpected fluctuations and resolve accounting issues before ledger close.
- Deliver agreed close schedules and ledger inputs to Group and statutory reporting teams, escalating unresolved matters promptly.
Balance sheet ownership and specialist accounting
- Own timely preparation and independent review of reconciliations for accounts within scope; maintain clear ownership and drive resolution of aged or unsupported items.
- Manage fixed asset and intangible asset accounting, including additions, capitalization, depreciation, amortization, transfers and disposals under approved policies.
- Maintain lease accounting schedules and related journals, coordinating contract inputs and changes with relevant business teams.
- Oversee intercompany journals, confirmations, reconciliations and mismatch resolution; coordinate settlements with treasury and counterparties without owning Group eliminations or transfer pricing policy.
- Manage bank reconciliations, cash clearing and treasury-related general ledger entries, while treasury retains ownership of banking, liquidity, funding and payment execution.
- Oversee foreign currency remeasurement and related ledger entries in line with approved policies; provide supporting inputs to the reporting team for consolidation and translation.
- Support technical accounting assessments and implementation of approved conclusions for transactions affecting accounts within scope.
Operational controls and stakeholder support
- Maintain documented procedures, journal approval standards, reconciliation requirements and an appropriate segregation of duties within Record to Report.
- Ensure accounting records and supporting evidence are complete, accessible and ready for review.
- Provide schedules and explanations for audit requests relating to accounts within scope, coordinating through the designated audit and reporting leads.
- Investigate control exceptions and recurring accounting errors, agree corrective actions and track them through to resolution.
- undefined
Team leadership and process improvement
Lead and develop the Bangalore Record to Report team, setting clear responsibilities, review standards and delivery expectations. - Plan capacity around close cycles, build cross-training and backup coverage, and maintain effective knowledge transfer.
- Standardize accounting processes and account reconciliation templates across entities, reducing manual work and unnecessary variation. Drive automation of journals, reconciliations and close tracking in partnership with finance systems teams.
- Support accounting process transitions, system implementations and migration of opening balances, with documented handovers and validation.
- Track service delivery and improvement measures, communicating risks, dependencies and resource requirements to finance leadership.
Qualifications and experience:
- Qualified Chartered Accountant or equivalent recognized professional accounting qualification(ACCA)
- Typically 6-8 years of relevant finance and accounting experience, including substantial post-qualification experience and at least 2 years leading accounting teams.
- Strong practical experience in general ledger accounting, multi-entity close, balance sheet reconciliations, intercompany, fixed assets, leases and foreign currency accounting.
- Sound working knowledge of IFRS and the ability to apply approved accounting policies to operational transactions.
- Experience in an international business or shared services environment, working across entities, currencies and time zones.
- Hands-on experience with enterprise finance systems and advanced Excel; familiarity with NetSuite and close or reconciliation tools is desirable.
- Experience improving accounting processes, strengthening controls and delivering system or service transitions.Software or technology sector experience is desirable.
Skills and behaviors :
- Hands-on ownership with the judgement to resolve issues and escalate material matters early.
- Strong analytical skills and attention to the quality of accounting records and supporting evidence .Ability to balance close deadlines with disciplined review and control.
- Clear communication with business stakeholders, specialist finance teams and senior leadership.
- Collaborative leadership, effective delegation and a practical approach to developing team capability.
- A continuous improvement mindset focused on sustainable processes rather than repeated manual fixes.
Measures of success:
- Close activities completed to the agreed timetable, adopting a no surprises approach. Reconciliations prepared and reviewed on time, with aged reconciling items resolved against agreed actions.
- Accurate, complete ledger inputs and supporting schedules delivered to reporting teams.Operational accounting controls performed consistently and identified issues remediated promptly.
- Reduced manual effort and recurring errors through measurable process improvements.
- Clear process ownership, reliable backup coverage and effective collaboration across finance.
Disclaimer
Finastra has signed an agreement to sell its Universal Banking business to Pollen Street Capital, with completion expected end 2026 / early 2027, subject to consultation and customary closing conditions. Upon completion, this role is expected to transition to the standalone Universal Banking business, creating opportunities to support its future growth and success.
We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we stand for:
Flexibility: Enjoy unlimited vacation, subject to local regulations and business priorities. Benefit from hybrid working arrangements and inclusive policies such as paid time off for voting, bereavement, and sick leave.
Well‑being: Access confidential one‑to‑one support through our Employee Assistance Program, connect with our network of Wellbeing Champions and Gather Groups, and take part in monthly events and initiatives designed to help you thrive—inside and outside of work.
Health & Financial Security: Medical, life and disability insurance, retirement plans, lifestyle, and other benefits.*
Sustainability: Paid time off for volunteering and donation‑matching opportunities to support causes that matter to you.
Inclusion: Get involved in our inclusion communities, such as Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, and Women@Finastra—open to everyone who wants to participate and contribute.
Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool.
Recognition: Take part in our global recognition program, Finastra Celebrates, and share your voice through regular employee surveys that help shape our culture and ways of working.
*Specific benefits may vary by location.
At Finastra, each individual is unique—bringing their own ideas, perspectives, cultural backgrounds, and experiences. We learn from one another, value what makes us different, and create an environment where everyone feels included, supported, and able to be their authentic selves.
Be unique. Be exceptional. Help us make a difference at Finastra.