Process Lead - Financial Accounting & Reporting

Process Lead - Financial Accounting & Reporting 

JR6148667

Bengaluru, India

Why Rolls-Royce?
At Rolls-Royce, we pioneer the power that matters to our customers, to society and to the planet. We’re a leading global player in the defence aero engine market. From combat to transport, trainers to helicopters, we provide 16,000 military engines and pioneering service solutions to 160 customers in 103 countries. To ensure we continue to be pioneers of our industry, Rolls-Royce has a team of over 16,500 engineers around the globe. They include everyone from world experts in their field to those who manage hundreds of people and millions of pounds worth of investments.

Reports To: Financial Control Team Lead 

Function: Global Business Services (GBS) – Finance 
Location: India 

Summary

The Financial Control Process Lead roles ensure accurate and timely accounting, reporting, and reconciliations while adhering to corporate policies and statutory requirements, supporting period close activities and maintaining financial record accuracy. 

Role Description 

This position manages the day-to-day general ledger transactions, assists in reconciliations, and supports month-end closing processes.  

The role ensures accuracy, timeliness, and compliance of financial data in accordance with internal policies, accounting standards (IFRS/local GAAP), statutory and tax requirements. 

Key Duties & Responsibilities: 

1. Finance Master Data Maintenance 

• Maintain and update financial master data (chart of accounts, cost/profit centres, internal orders) in line with corporate standards and governance policies. 

• Validate and process master data requests, ensuring proper authorization and documentation. 

• Prepare periodic master data reports and perform regular data cleansing to maintain accuracy. 

• Support design and improvement of master data structures to enable standardized reporting and controls. 

2. General Accounting & Intercompany Management 

• Prepare and post of manual journal entries in compliance with accounting principles and internal controls. 

• Perform account reconciliations, analyse variances, and escalate discrepancies. 

• Report intercompany reconciliations and escalate any differences. 

3. Period Close & Consolidation 

• Assist and execute period-end closing activities according to the global close calendar. 

• Prepare and post accruals, deferrals, and other closing journal entries with adequate documentation. 

• Prepare and perform first level of review over trial balance and investigate anomalies. 

• Support consolidation activities, ensuring correct mapping and reporting in group systems. 

4. Finance Reporting (Internal & External) 

• Support the report preparation for internal and external stakeholders. 

• Collaborate closely with business finance, tax advisors, and auditors providing necessary support to comply with reporting needs. 

5. Controls, Compliance & Risk Management 

• Adhere to tax and statutory regulations during accounting and reporting processes. 

• Identify and escalate control or compliance risks promptly. 

Qualifications & Experience 

Education: 

• Bachelor’s degree in accounting, Finance, Business Administration, or related field. 

• Qualified or Part Qualified Chartered Accountant (CA, CPA, ACCA) or equivalent 

Experience: 

• 2–3 years in accounting/GBS roles. 

• SAP FI/CO, Blackline, understanding of intercompany and close processes. 

• Advanced Excel skills preferred, including familiarity with macros. 

• Understanding of financial accounting standards (IFRS, UK GAAP), statutory disclosures, and foreign currency translations.  

Skills & Competencies 

• Technical / Functional Knowledge

• Problem solving

• Organisation expertise

• Accountability

• Interpersonal skills