Team Lead - Finance

Job Description

The Team Leader Finance is responsible for leading and managing daytoday financial operations including lease accounting, contract management, SAP/FINCON GL administration, reconciliation, monthend closing activities, and financial reporting. The role ensures accuracy, compliance, and timeliness of all finance-related data, while providing strong support to cross-functional teams and guiding team members in execution.

Job Description: Team Leader Finance

Job Title: Team Leader Finance

Department: Finance & Accounts

Job Vertival : Enabling Function

Reports To: National Manager Finance

Location: Bangalore (Support Center)

Job Responsibilities

A. Lease Accounting & Contract Management

Manage endtoend Lease Accounting & Reporting in line with company policies and accounting standards.
Maintain contract log, rent schedules, and ensure timely updates and accuracy.
Coordinate with locations for rent-related clarifications, renewals, and adjustments.

B. Reconciliation & Reporting

Lead weekly volume reconciliation and publish consolidated weekly reports.
Ensure accuracy of reconciled data and resolve mismatches with concerned departments.
Prepare and submit GDAT reporting and other standard reporting packs as per timelines.

C. SAP / FINCON Administration

Create and maintain General Ledger (GL) records in SAP and FINCON.
Ensure correct mapping, validation, and accounting entries across systems.
Support users with GL issues and ensure clean audit trails.

D. Data Management & Templates

Oversee various data template updates required for monthly and daily reporting.
Track and maintain CIS Master data, ensuring accuracy and timely validation.

E. Concentrate Incidence Support (CIS) Accounting

Prepare and consolidate CIS working files, validating supporting data from plants/locations.
Manage CIS-related credit note accounting and align entries with OU financial guidelines.
Coordinate with OU Finance to resolve CIS disputes or adjustments.

F. Month-End Close & Financial Control

Lead the team in executing month-end closing activities, ensuring timely and accurate submissions.
Process R6 reversal entries as required and maintain documentation.
Share monthly closing memos with all locations and track compliance.

G. Team Leadership & Coordination

Guide, mentor, and develop team members to ensure high performance.
Allocate tasks effectively and monitor workflow for accuracy and timeliness.
Liaise with cross-functional teams including Operations, Supply Chain, and OU Finance.

Required Skills & Competencies

• Strong knowledge of accounting principles and financial controls.
• Hands-on experience in SAP, FINCON, and financial ERP systems.
• Excellent skills in Excel, data management, and reconciliations.
• Problemsolving ability and strong analytical mindset.
• Ability to manage deadlines and multiple priorities.
• Good communication and stakeholder coordination skills.
• Team leadership and people management capabilities.

Job Requirement

Qualifications & Experience

• CA/CMA Inter.
• 4-7 years of relevant experience in Finance & Accounting; minimum 1-2 years in a supervisory/team lead role preferred.
• Experience in SAP and large-scale financial operations is an advantage.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of lease accounting and reporting.
• Compliance and timely updates of contract logs and rent schedules.
• Zero/Minimal reconciliation gaps in weekly volume reporting.
• Turnaround time of GL creation/maintenance tasks.
• Quality and timeliness of CIS working and credit note processing.
• Ontime month-end closure with zero audit observations.
• Team productivity, accuracy, and SLA adherence