Sr Manager Accounting
Target is an iconic brand, a Fortune 500 company, and one of America’s leading retailers. Target has a great culture and is one of the best places to work. A brand known for its inclusive and collaborative work environment, Target is a preferred choice for our guests (customers) and team members alike.
Target in India is an extension of our headquarters and a fully-integrated part of our global team. We have over 5,000 team members in Bangalore engaged in work that supports business areas across technology, marketing, human resources, finance, merchandising, supply chain, analytics, and reporting.
Right on pace with Target’s distinctive retail brand, Target Finance and Accounting are transforming for the better. In Finance, you’ll be an integral voice in discussions that lead to Target’s unparalleled shopping experience. Your analysis and recommendations will be directly applied to critical business decisions, from sales to merchandising and beyond.
Within Finance, you’ll enjoy the interesting challenges of the competitive retail space. You’ll see your contributions come to life in virtually every area of this dynamic enterprise. And you’ll grow and be challenged in your career while having a healthy balance with life outside of work.
Sr Manager Accounting (P2P + India Treasury) As a Sr. Manager Accounting, you will manage a team responsible for developing and overseeing accounting and financial processes, ensuring a timely and accurate accounting close and preparation of financial reports, and overseeing the execution of controls to ensure the accuracy of accounting.
You will review journal entries and account reconciliations and ensure compliance with SOX and IFCR guidelines. You will be an active partner in the forecast and goal process and will work closely with other groups within the Controller and Finance organizations.
You will work on special projects and ad-hoc analysis. You will analyze data to drive improvements and communicate to Sr. Finance leadership. You will work to improve processes through automation or other tools. This role will involve close partnership with compliances team within accounting to ensure conformity with applicable regulatory framework (FEMA, SEZ, STPI, RBI, DGFT, Companies Act etc).
There would be a need to prepare and support 10K footnotes as necessary for certain accounts, help file Govt surveys (Monthly/Quarterly/Annual) required by US Govt/authorities. Risk & Controls : Evaluate processes to identify opportunities and implement automation/improve efficiency.
Perform QA reviews for material accounts periodically, to identify control deficiencies and corrective practices Operational efficiency : Responsible for preparation, analysis and report metrics for management reporting. Share and implement best practices followed across Finance, Accounting on training and partnership.
Ownership of training team members and creating documentation. Create appropriate transition plans for knowledge transfer or talent rotation Audit & Systems : Serve as the point of contact for statutory & internal audit queries and provide data support to affirm compliant practices in a timely manner.
Responsible for assessing impact of system change/upgrades on reconciliation workflows and partner with technical/product teams closely, to ensure business continuity and execution of deliverables. Bring your passion for this rapidly evolving environment and have a hand in delivering the profitable financial results that benefit the entire business.
Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs
Skills
- Accounts Payable | Treasury| Balance Sheet | Financial Analysis | GAAP & IFRS | Preparation of Financial reports| Account reconciliations | Fixed Assets | Variance analysis | Risk & Audit | Month end close processes Leadership | Team building | Problem solving| Analytical thinking | Workforce planning Reporting: This position rolls under Director – Corporate Accounting and will require close partnership with Accounting, Operations, Tech and business teams at Target.
- There would be around ~3-4 TMs reporting into this Senior Manager position
Qualifications
CA/CPA/CIMA/ACCA/ICMA 12+ years of post-qualification experience Working knowledge of SOX controls and US GAAP/IFRS Prior relevant experience in Retail accounting and US GAAP/Accounting standards Solid understanding of business process workflows, AP, AR, Payroll, GL, Treasury, Fixed Assets etc Strong critical thinking skills, proven track record in data analysis, transition experience in accounting processes Internal/External audit orchestration experience Hands on experience in SAP or other ERP, Data warehouse Agile and strategic mindset, ability to lead teams with clarity, purpose and care