record to report

Job Title: Manager – Record to Report (R2R)

Location: Noida, Sector 144

Company: EXL Service

Domain: Insurance Clients

Shift: UK/US Shift (as per business requirement)

Job Summary:

We are looking for an experienced and dynamic R2R Manager to lead end-to-end Record to Report processes for insurance clients. The role involves managing financial reporting, ensuring compliance with accounting standards, driving process improvements, and leading a team to deliver high-quality outcomes within defined timelines.

Key Responsibilities:

Financial Reporting & Close:

• Manage and oversee month-end, quarter-end, and year-end close activities
• Review journal entries, accruals, provisions, and adjustments
• Ensure accurate and timely preparation of financial statements

General Ledger & Reconciliations:

• Supervise GL accounting and balance sheet reconciliations
• Ensure timely resolution of open items and variances
• Maintain strong control over financial data integrity

Insurance Domain Expertise:

• Handle accounting processes specific to insurance clients (e.g., premiums, claims accounting, reinsurance)
• Ensure compliance with relevant standards like IFRS, US GAAP

Compliance & Controls:

• Ensure adherence to SOX controls and internal audit requirements
• Support external and internal audits with required documentation

Team Management:

• Lead and manage a team of R2R professionals
• Allocate work, monitor performance, and conduct regular reviews
• Drive team development, training, and succession planning

Stakeholder Management:

• Act as a key point of contact for clients and senior stakeholders
• Conduct governance calls and present financial insights

Process Improvement:

• Identify opportunities for automation and efficiency (Lean/Six Sigma initiatives)
• Drive standardization and continuous improvement across processes

Qualifications & Skills:

• CA / CMA / MBA (Finance) or equivalent qualification
• 8–12 years of experience in R2R/GL accounting, preferably with insurance clients
• Strong knowledge of IFRS / US GAAP / Ind AS
• Hands-on experience in ERP systems like SAP / Oracle
• Excellent leadership and stakeholder management skills
• Strong analytical and problem-solving abilities

Preferred Skills:

• Experience in transition/migration projects
• Exposure to shared services or BPO environment
• Knowledge of automation tools (BlackLine, Power BI, etc.)

Key Competencies:

• Leadership & Team Handling
• Client Management
• Attention to Detail
• Decision Making
• Process Excellence