Team Lead I, Accounting

Overview

Lead a small Record-to-Report (RTR) team while performing complex accounting activities within defined policies, with a focus on inventory accounting, costing, and valuation.

What you'll do

• Lead and support a small RTR team, ensuring efficient daily operations and high-quality service delivery.
• Manage month-end and year-end close activities, ensuring accuracy, completeness, and timely reporting.
• Review account reconciliations, financial results, and inventory-related transactions for compliance and accuracy.
• Oversee inventory accounting processes, including production settlements, actual costing, inventory valuation, and allocation activities.
• Monitor and analyze inventory volume drivers, purchase price variances (PPV), and production cost variances.
• Ensure accurate execution and governance of manual inventory postings, accruals, adjustments, and goods-in-transit transactions.
• Drive timely resolution of inventory discrepancies, reconciliations, and period-end close backlogs.
• Maintain strong internal controls, SOX compliance, and audit readiness by providing accurate documentation and support.
• Identify process improvement opportunities and provide coaching, training, and performance feedback to enhance team effectiveness.

What you'll need

• Bachelor's degree in accounting, Finance, Business Administration, or a related field.
• Minimum 3 - 6 years of experience in accounting, Record-to-Report (RTR), or shared services environments.
• Strong written and verbal communication skills with the ability to engage effectively across stakeholders.
• Demonstrated analytical thinking, problem-solving, and sound decision-making capabilities.
• Ability to apply strategic thinking and connect operational activities to broader business objectives.
• Experience in RTR processes, including general accounting, inventory accounting, reconciliations, standard costing, and period-end close activities.
• Proficiency with ERP systems, preferably SAP, and a strong understanding of financial processes and controls.
• Proven ability to lead, coach, and develop team members while fostering collaboration and continuous improvement.
• Strong knowledge of internal controls, compliance requirements, and audit support within a controlled financial environment.

Nice to have

• Experience in inventory accounting, costing, and valuation.
• Strong SAP and RTR process expertise in a shared services environment.
• Proven track record of team leadership, process improvement, and compliance excellence.

Details

• Location: Hyderabad, India (hybrid role).
• The Food Ingredients business unit to which this position belongs is expected to transition to CVC Capital Partners following the announced sale, presently expected to close in the first half of 2027, pending regulatory approvals and other closing conditions.