Team Lead R2R at ABB in Bengaluru, Karnataka, India

Team Lead R2R Location: Bangalore, Karnataka, India At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world. This Position reports to: Team Lead - General Accounting Your role and responsibilities (Mandatory) In this role, you will have the opportunity to drive complete, accurate, and timely completion of accounting activities for the assigned area (e.g., reporting, consolidation, etc.) within the General Accounting (GA) team. Each day, you will ensure compliance with internal guidelines, procedures, and external regulatory requirements. You will also showcase your expertise by overseeing, reviewing, and/or supporting the month-end close process including account reconciliation, preparation of journal entries, balance sheet review, etc. The work model for the role is: Onsite This role is contributing to the Finance Business Function You will be mainly accountable for: Leadership & Team Development Lead and develop a high-performing accounting team responsible for end-to-end general accounting and reporting processes Build team resilience by fostering flexibility, adaptability, and cross-functional collaboration Develop succession plans and ensure knowledge sharing across the team through task backup systems Financial Close & Reconciliation Oversee and execute monthly financial close procedures with accuracy and timeliness Conduct comprehensive reviews of Balance Sheet and P&L statements to identify and resolve discrepancies Review and approve Balance Sheet reconciliations in compliance with ABB policies and standards. Compliance & Internal Controls Ensure strict adherence to internal accounting policies, reporting standards, and regulatory requirements Maintain and strengthen internal control frameworks to protect financial integrity Align processes with ABB global standards while accommodating country-specific regulatory needs. Reporting & Audit Support Review reporting documentation for accuracy and completeness before submission to leadership Support statutory and tax audits with prompt responses to audit requests and inquiries Proactively identify and escalate reporting risks and process gaps. Stakeholder Engagement & Process Excellence Collaborate with the Controllers community to address accounting, closing, and reporting challenges Monitor and ensure achievement of functional KPIs and SLAs Identify process bottlenecks and drive continuous improvement initiatives Qualifications for the role (Mandatory) Education & Credentials Chartered Accountant (CA), Cost Accountant, or Master's degree in Accounting, Finance, or Commerce. Professional Experience 7–10 years in general accounting, financial reporting, reconciliation, and journal processing 2–5 years in leading teams, preferably in ABB or similar multinational organizations Proven expertise in Record-to-Report (R2R) processes and financial close cycles Background in multi-country or cluster operations is highly valued Technical Skills Proficiency with MS Office suite (Excel, Word, PowerPoint) Mandatory: Strong hands-on experience with SAP Core Competencies Good analytical and problem-solving abilities. Strong communication and interpersonal skills. Demonstrated ability to manage complexity and drive process standardization . Flexibility to work in shifts and adapt to evolving business needs Proactive mindset with focus on continuous improvement. More about us (Mandatory) At ABB, we're pioneers in digital industries and power grids, driving sustainable transformation across industries. Our Finance division is recognized as a trusted partner delivering forward-looking insights that fuel sustainable growth. We foster a culture of diversity, inclusion, and belonging across gender, ethnicity, LGBTQ+, abilities, and generations—creating an environment where every voice matters. We look forward to receiving your application (documents submitted in English are appreciated). If you want to discover more about ABB, take another look at our website www.abb.com. Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. We welcome people from all backgrounds and experiences. Ready to make an impact? Apply today or visit www.abb.com to learn more about the impact of our solutions across the globe. Recruitment Fraud Warning ABB never asks for payment from job applicants. All genuine job offers follow a formal application and interview process. View current job openings and apply at: https://careers.abb/global/en/home For more information, read our full fraud warning notice at: https://global.abb/group/en/careers/how-to-apply/fraud-warning