Senior Manager - Finance and Accounting

Senior Manager- Finance & Accounting (India Small Package)

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Job Description:

Job Summary

The Senior Manager Finance & Accounting leads the development and execution of strategic financial policies and procedures. He/She ensures entity accountability for overall profitability and cost results. This position follows UPS purchasing guidelines and adheres to Generally Accepted Accounting Principles (GAAP). The Senior Manager Finance & Accounting provides financial guidance and support cross-functionally. The position manages the department, providing direction and leadership.

Job Duties

Determines Country Strategy

• Works cross-functionally with Senior Managers of Marketing and Sales to establish strategy.
• Evaluates strategy to ensure it meets profit and business plan goals.
• Develops strategies and initiatives to improve financial performance.

Focuses on Customer

• Participates in the Customer Portfolio Management process to provide financial compliance and profitability information.
• Establishes relationships with key customers to retain and grow business.
• Reviews profitability on key accounts to maintain compliance.

Manages Profit and Business Plan

• Establishes and communicates profit and business plan targets to inform business planning.
• Monitors and reviews profit and business plan results to identify gaps.
• Participates in business planning reviews to report on financial measures and help determine solutions.
• Oversees the monthly business plan close to ensure accuracy and timeliness.
• Reviews profit and business plan results with the Business Planning Unit and senior manager to determine solutions.
• Analyzes and reviews profit impact reports to identify trends, gaps and solutions.

Guides and Educates Team

• Ensures monthly country business plan results are reviewed with district business units to understand the financial state of the Country.
• Reviews UPS quarterly earnings with the Business Planning Unit, Staff and district business units to determine status versus plan.
• Establishes reports to enhance Country financial performance.
• Trains Business Planning Unit and Staff on financial principles to ensure proper information is taught.
• Ensures financial training is completed with Country business units to educate processes.

Leads and Develops Others

• Manages resources and people processes (e.g., Quality Performance Review [QPR], Career Development, Succession Planning, Salary Administration, Training, Staffing, etc.) to ensure the day to day administration of processes and formal procedures.
• Identifies individual and team skill gaps and developmental opportunities (e.g., training, special assignments, projects, etc.) to facilitate individual and team development.
• Ensures that direct and indirect reports have specific, documented career goals and detailed plans for achieving these goals to advance the development of their personal and professional growth.
• Conducts frequent performance evaluations in a consistent, fair, and objective manner to facilitate open communication and encourage continuous performance improvement.
• Holds others accountable to established performance levels to achieve individual and group goals and maintain consistent practices across the organization.
• Resolves individual and group performance issues in accordance with UPS’s policies and procedures in a timely manner to motivate and foster teamwork.
• Coaches others and provides on-going feedback and support to improve performance as they take on greater responsibilities.
• Identifies opportunities to involve others in new and challenging work assignments that advance the skills and capabilities of individuals and the organization.
• Recommends employees for lateral rotations and promotions to provide them with opportunities to develop new skills and take on more responsibility.

Oversees Financial Compliance

• Monitors risk and liability exposure (e.g., General Liability, Workers Compensation, etc.) to reduce expenses and minimize property and asset exposure.
• Implements preventative and corrective action plans to prepare for internal and external audits.
• Researches and validates audit findings to develop corporate responses for auditor review.
• Completes statutory reporting to ensure regulatory compliance (e.g., Security Exchange Commission, filings, financial statement management, etc.).
• Monitors legal and regulatory changes to identify modifications affecting UPS business concerns (e.g., insurance, contracts, tax, etc.).

Job Specific Competencies

• Accounting Knowledge Evaluates compliance to GAAP methods; applies accounting knowledge to complex or unusual contexts; establishes company accounting controls and procedures; anticipates and addresses the impact of new accounting practices.
• Establishes Metrics and Performance Tools Creates measurement strategies; demonstrates an advanced ability to establish metrics that drive organizationally-desired performance behaviors; designs long-term evaluation process or measurement plans; establishes balanced scorecards; develops new measurement tools; directs the evaluation and measurement process.
• Finance Knowledge Demonstrates an in-depth understanding of complex financial data; understands subtle implications in financial and other business data; creates new methods of financial analysis or business models and solutions; applies advanced principles and concepts in developing actions that support or define strategic direction.
• Legal, Regulatory, and Compliance Knowledge Resolves complex, recurring problems; advises others in improving safety and minimizing company risk; adapts organizational procedures or processes to meet new or changed regulations; provides expertise in legal or regulatory compliance issues; identifies compliance policies and procedures for new work environments.

General Requirements

• Excellent verbal and written communication skills, with the ability to effectively engage and influence stakeholders at all levels.
• Proven ability to analyze complex financial data and translate insights into strategic business decisions.
• Demonstrated leadership and team management skills, with a track record of building high-performing teams and driving results.

Education

• Certified Chartered Accountant (CA).

Experience

• Minimum of 10 years of experience, including a people management role in a multinational (MNC) environment.

Employee Type:

Permanent

UPS is committed to providing a workplace free of discrimination, harassment, and retaliation.

Experience Level

Senior Level