Manager - Financial Planning & Analysis (FP&A)
Introduction
Introduction:
A career in IBM Consulting is rooted by long-term relationships and close collaboration with clients across the globe. With deep expertise in many industries, we offer strategy, experience, technology, and operations services to many of the most innovative and valuable companies in the world. Our people are focused on accelerating our clients' businesses through the power of collaboration. We believe in the power of technology responsibly used to help people, partners, and the planet. Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting. In your role, you'll be encouraged to challenge the norm, investigate ideas outside of your role, and come up with creative solutions resulting in groundbreaking impact for a wide network of clients. Our culture of evolution and empathy centres on long-term career growth and development opportunities in an environment that embraces your unique skills and experience.
About Business Unit:
IBM BPO which is a critical part of Consulting focuses on Business Process Operations across several domains such as finance & accounts, procurement, supply chain, talent transformation, and industry specific processes including risk & compliance, insurance, digital marketing services. BPO India is committed to accelerate digital transformation across all its clients with the use of agile methodologies, advanced process mining and intelligent workflows powered by hybrid cloud and artificial intelligence (AI).
Job Description
The Manager - R2R will be responsible for handling end to end financial accounting, preparing financial statements, carrying out reconciliations (cash & bank, general ledger, inter-company, suspense and parking accounts, cash flow statements, handling month end close, assisting business controllers in review with the CFO (Chief Financial Officer).
Position Summary
We are seeking a detail-oriented, experienced and motivated F&A professional to handle F&A operations for our clients across multiple regions. The role requires experience in USGAAP/IFRS accounting standards, expertise in financial reporting, general ledger work, month end close tasks, intercompany transactions and reconciliations, project accounting, fixed assets accounting etc., along with the ability to drive operational excellence, transformation, and client satisfaction.
Your role and responsibilities
Key Responsibilities
• Month End Close (MEC) Activities
o Coordinate with cross-functional teams in collecting inputs to complete the month end close tasks timely and accurately
o Posting revenue accruals, cost provisions, amortization of intangibles and prepayments, and deferrals
o Chart of account maintenance (COA)
o Recording revenue recognition entries
o Intercompany entries and eliminations
o Payroll and benefits accounting
o Foreign exchange (FX) revaluation and translation
o Inventory adjustments and cost of goods sold (COGS) entries
o Allocations (shared services, overhead, etc.)
o Preparing, Reviewing and Posting journal entries
o Running trial balances and P&L reviews
o Preparing management reports and financial statements
• Reconciliations
o Balance Sheet / GL account reconciliations è Subledger vs. General Ledger reconciliations (Accounts Receivables, Accounts Payable, Fixed Assets, Accruals, Provisions, Prepaid, GRIR, FX gain/loss etc.)
o Bank reconciliations
o Intercompany reconciliations (receivables/payables)
o Clearing suspense and unmatched transactions
o Investigate and document the reasons for variance and open items and action plan to resolve it
o Track and clear open items in a timely and accurate manner
o Reporting and escalation to resolve open items
• Journal Entries (JEs)
o Prepare of JE templates with supporting documentation (utilities, rent, payroll, bonuses, interest, etc.)
o Record recurring accruals
o Prepaid expense amortization
o Depreciation & amortization entries
o Reclassification and allocation entries
o Intercompany entries (charges, allocations, eliminations)
o Non-Recurring/Ad-hoc JEs: Manual corrections/adjustments (error corrections, reclassifications); One-time project or event-related entries; Restructuring/severance provisions
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o Period-end accruals and provisions
o Deferrals and revenue recognition adjustments
o Uploading and posting into ERP system (SAP, Oracle, Workday, etc.)
o Validation against accounting policies (US GAAP/local GAAP/IFRS)
• Project Accounting
o Setting up projects, work breakdown structures (WBS), and cost centers
o Capturing direct costs (labor, materials, overhead, subcontracting)
o Allocation of indirect costs
o Revenue recognition for projects (percentage of completion, milestone, or completed contract)
o Capitalization of qualifying costs (if applicable)
o Monitoring budgets vs. actuals (cost overruns, utilization rates)
o Billing and invoicing clients for project-related work
o Project margin and profitability reporting
o Closing projects and transferring balances (to P&L or Fixed Assets, if capital projects)
• Fixed Assets Accounting
o Asset master data creation and maintenance
o Capitalization of assets (from purchases or projects-in-progress)
o Calculation and posting of depreciation, amortization, and impairments
o Additions, disposal, transfers, and retirement accounting (including gain/loss on sale)
o Revaluation and adjustments for currency/market value
o Reconciliation of FA subledger to GL
o Running month-end FA close reports
• Business Partnering
o Provide analytical support to business leaders, translating financial results into meaningful insights.
o Work with stakeholders across functions to support decision-making and operational efficiency.
• Process Improvement
o Support initiatives to streamline forecasting, reporting, and analysis processes (Agile, Design Thinking, Value stream Mapping, Lean, Six-sigma).
o Leverage technology and tools (BI tools, Artificial Intelligence, Agentic) to improve data accuracy and reporting efficiency.
• Key Performance Indicators (KPIs)
o Monitor KPIs, highlight trends, and identify risks or improvement opportunities.
Required education
Bachelor's Degree
Preferred education
Master's Degree
Required technical and professional expertise
• Bachelor's degree in finance, Accounting, Economics, or related field; progress toward an advanced degree or certification (MBA, CPA, CFA, ACCA) is a plus.
• 6-8 years of hands-on experience in the R2R space (excluding Accounts Payable and Accounts Receivables activities)
• Strong financial and analytical skills, with proficiency in Microsoft Excel (including advanced formulas, pivot tables, and macros).
• Hands-on experience with ERP systems (SAP, Oracle, Workday, Peoplesoft or similar), Blackline and BI tools (e.g., Power BI, Tableau)
• Excellent communication skills with the ability to present financial insights to both finance and non-finance stakeholders.
• Detail-oriented, highly organized, and able to manage multiple priorities in a fast-paced environment.
Preferred technical and professional experience
• Proactive and ambitious individual with the ability to work independently and as part of a team.
• Exposure to high-precision industries or manufacturing operations will be an added advantage
• Ability to manage tight timelines and competing priorities effectively.
• Strong interpersonal skills with the ability to build relationships across teams.
• Experience in process improvement, automation, and applying technology to financial analysis.
ABOUT BUSINESS UNIT
IBM Consulting is IBM's consulting and global professional services business, with market leading capabilities in business and technology transformation. With deep expertise in many industries, we offer strategy, experience, technology, and operations services to many of the most innovative and valuable companies in the world. Our people are focused on accelerating our clients' businesses through the power of collaboration. We believe in the power of technology responsibly used to help people, partners and the planet.
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