Finance Manager - Global Record to Report

Who We Are

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

What You'll Do

Join us as we embark on a journey to transform BCG’s Finance organization. “Future Finance” is a multi-year journey to prepare the Finance function for the BCG of the future: a BCG that continues to grow, and one that has become more complex, more diverse and more interdependent. By rethinking structures and standardizing processes across geographies and business entities, we will make it simpler and more efficient to work together and flex to meet the needs of BCG.

As a part of the Global Finance Operations Services team, you will initially be a key leader driving the transition of activities from local markets to the operations team. Supporting the knowledge capture, transfer, ramp up and stabilization of activities. Partnering with Transition Lead to ensure smooth and successful transition. You will support and manage day to day activities in the Record-to-Report (R2R) function including finance & accounting management process of collecting, processing, consolidating, closing and reporting on relevant, timely and accurate information used to provide financial, strategic and operational feedback which aids in decision making process. You should have experience in financial accounting and reporting incl. revenue accounting, fixed assets and lease accounting, intercompany accounting, accrual/prepaid accounting and reconciliations, month end/year end close, accounting systems and procedures, consolidation of financials, audit controls and governance etc. Your key stakeholders will include various internal BCG functions and the local finance teams located in multiple geographies.

Roles and responsibilities

• High level of understanding of accounting concepts in conjunction with knowledge of financial systems, data flow, chart of accounts, consolidation, system hierarchies & mappings
• Management and oversight of monthly accounting transactions, including accurate recording and review of revenue and expenses, lease accounting, general ledger and sub-ledger management, month-end accruals and journal entries for costs, and other financial activities in compliance with local, BCG and other accounting practices
• Management and review, reconcile and analyze aspects of the monthly financial statements, inclusive of consolidation, reconciliations, allocations, accruals & pre-payments and variance analysis
• Provide guidance and management of BCG’s fixed asset register and associated additions, disposal and depreciation accounting
• Ensure compliance with finance and other internal policies ensuring a robust control environment and risk management.
• Ensure that all assigned balance sheet and expense accounts are reconciled, balanced, and maintained in accordance with company procedures
• Provide support to team, utilize system reports and queries to obtain the required data to address questions and/or research on issues
• Work with IT/finance system’s team to investigate and resolve month end related system issues and reconciling difference while performing system reconciliations
• Ensure strong internal controls by maintaining backups/schedules supporting accounting transactions. Adhere to the internal compliance policy and guideline established by the management on their daily operational activities
• Support operational leadership to drive successful end-to-end transition of activity from local markets to operations centre
• Support, develop robust documentation of current processes, reverse transition to team as required and ongoing support to staff training
• Support operational readiness, ensuring successful completion of all Stage Gates for Go live and Stabilization
• Responsible monitoring, reviewing and reporting periodic KPIs (Key Performance Indicators) for the team.
• Develop an in-depth understanding of financial accounting and reporting aspects for different geographies, educate the team on various procedures and implications, drive consistent and smooth operations
• Support delivery and overall performance of the R2R processes by providing strategic and operational leadership, ensuring effective service delivery, maximum stakeholder satisfaction and team management
• Act as a Subject Matter Expert (SME) in Finance & Accounting while working on knowledge transfer, transition and process migrations
• Work collaboratively with business users and cross functional teams to drive resolution of cross application / environment issues as well as assess impact of changes
• Interact frequently with local office operations to assist with coordination and improvement of day-to-day finance related functions
• Act as an escalation point in resolving complex issues with internal and external business partners, adopt organizational transformation strategy, lead delivery with a shared vision and transparency, and develop a strong team of operational excellence to manage all day-to-day team deliverables
• Develop and build on the existing processes, and define procedures and policies with strong focus on internal controls, governance risks and compliance. Ensure all processes are documented and harmonized in collaboration with team members, peers and stakeholders
• Enhance internal controls, continuously seeking to reengineer local business process to obtain efficiencies and reduce cost
• Ensuring appropriate policies are in place, monitored and global policies are adhered to and kept up to date
• Play a proactive role in identifying and addressing areas for improvement to the reporting processes to gain efficiencies, which is inclusive of, but not limited to assisting with local development and implementation of financial applications
• Identify opportunities for process improvement and changes; implement with a view towards streamlining and rationalizing
• Develop robust documentation of current processes to support staff training and eventually broader finance team knowledge sharing.

What You'll Bring

Education & Experience

• Professional accounting qualifications such as (ACA, ACCA, CIMA, CA, CPA, CMA, ICWA with prior experience of working in a global finance operations setup.
• 10-13 years of relevant experience with a strong foundation in corporate accounting and experience applying it to finance and controlling activities
• Strong hands-on experience in accounting operations, planning and analysis, tax and treasury, financial systems implementation, Statutory audit & reporting, financial reporting while working in multinationals and complex, decentralized organizations
• Expert knowledge in accounting standards, IFRS & US GAAP, local taxes and statutory requirements including updates therein
• Able to perform successfully in a fast-paced, intellectually intense, service-oriented environment and to interpret rules and guidelines flexibly to enhance the business and in keeping with BCG’s values and culture
• Experience working with geographically diverse team and passion for working in a collaborative environment
• Strong hands on knowledge, understanding and application of finance and accounting systems (Oracle, Hyperion or other accounting system/ERP etc)
• Advanced Excel skills and/or experience with other analytical tools (such as Tableau, Alteryx, etc.)

Who You'll Work With

We pride ourselves on a collaborative working environment and utilize digital tools to foster that collaborative environment across a global company. The Global Finance Operations Services aims at providing best in-class operational excellence and execution through partnership, building trust and credibility. It provides a foundation to ensuring smooth finance operations, coordinating change and ensuring performance of individual processes with high service levels.

Additional info

YOU'RE GOOD AT

Technical and Functional expertise

• Strong foundation and proven experience in financial accounting and record-to-report across multi-geographies
• Strong experience in R2R transitions from local office to operations
• Experience in driving change in R2R through process harmonisation, simplification and capability development
• Sound analytical skills, ability to navigate details & a willingness to look at data in different ways
• Ability to provide insights to streamline and simplify processes and deliver value
• Comfort with ambiguity and willingness to embrace an iterative process
• Ability to multi-task and prioritize within a fast-paced, demanding environment
• Experience with Finance processes enabled by ERP and AI-based technologies
• Prior work experience in Global Finance Setup with preferred exposure to European region
• Problem solving, analytical skills and decision making

Sound analytical and reporting skills

• Proven ability to work effectively in a global environment with people at all organizational levels
• Ability to utilize a "bottoms up" or "big picture" approach when necessary
• Ability to thoughtfully consider the ramifications of decisions on various constituencies
• Comfort with multi-tasking and prioritizing within a fast-paced, demanding environment
• Tenacity, willingness to work in an iterative environment
• Flexibility and openness towards new ideas and change

Leadership, impact and change

• Professional representation of the firm’s values, culture, and objectives
• Ability to work in a non-hierarchical environment, able to build credibility and influence others without express authority
• Demonstrates leadership, honesty, integrity, proactiveness in getting things done, and a desire to go beyond stated expectations
• Strong leadership skills, demonstrating self-confidence, enthusiasm and teaming
• Demonstrated problem solving ability
• Self-starting attitude, pro-active

People management

• Excellent people management skills; ability to provide honest feedback and support in the development of employees’ capabilities; ability to resolve problems that affect employee performance;
• Take ownership over timely delivery and high-quality services by leveraging team resources while ensuring sustainable results
• Promote individual growth by ascertaining and communicating performance expectations, providing timely feedback on work performance, and sharing potential career development pathways
• Identify development needs and providing opportunities to support the development and performance of team members to achieve business results
• Cultivate a culture of respect and teamwork spirit in which all team members can work together and be respected regardless of their differences. Ensure the team is motivated to improve both individual and team contributions

Stakeholders Management Interpersonal, communication, and teaming skills

• Demonstrates responsiveness, initiative & orientation toward service & broader business needs
• Actively collaborate and communicate with the internal teams and stakeholders to ensure that work deliverables are being met or exceeded
• Actively engage with internal stakeholders and gather suggestions or feedback for continuous improvement opportunities
• Manage migration projects and work according to project timelines to ensure internal stakeholders' expectations
• Build skills in new reporting tools (Tableau, PowerPoint etc.) to reimagine the reporting. Making more intuitive and informative to all users
• Comfortable in taking the initiative, using sound judgment to prioritize issues, and the ability to work with minimal direction
• Strong interpersonal skills and a collaborative style
• Professional and courteous approach and style
• Ability to translate coaching skills into providing colleagues with personal development and to help them maximize their potential
• Demonstrating advanced communication skills: oral, written, and active listening. Added advantage if knows French/Dutch

At BCG, our people and relationships are at the heart of everything we do. We believe that in-person collaboration plays an important role in our culture, mentorship, and professional development.

For this role, you will generally be expected to work from a BCG office or in person with clients on a regular basis (typically around 50% of working time), depending on business needs and in line with local policies and practices.

We aim to provide a dynamic and collaborative environment that fosters connection and teamwork

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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