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Trane Technologies Team Leader, Fixed Assets & Cash in Bangalore, India

Team Leader, Fixed Assets & Cash

Bangalore IBC Knowledge Park, Bangalore, Karnataka, India

New

Finance

Requisition # 2104739

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AtTrane Technologies® we Challenge Possible. Our brands – includingTrane®andThermo King® - create access to cooling and comfort in buildings and homes, transport and protect food and perishables, connect customers to elevated performance with less environmental impact, dramatically reduce energy demands and carbon emissions, and innovate with a better world in mind. We boldly challenge what’s possible for a sustainable world.

Position Summary:

The Accounting Leader -Fixed Assets & Cash and will play a key role in supporting the establishment of and will provide ongoing leadership to part of the Fixed Assets & Cash Accounting team at the India Shared Services Center based in Bangalore, India. This team leader will be a key support to oversee the migration of fixed assets & cash accounting activities throughout EMEA and North America to the India Shared Service Center. Upon completion, the Bangalore location will be the global hub of a network of service centers that operate under generally standard processes and procedures and utilize Oracle’s ERP software solution.

The position will require process expertise related to shared service center operations. This team leader will coach and develop a team of professional accountants focused on accounting support in the areas of:

  • Fixed asset management including additions, disposals, depreciation and CIP

  • Cash management including review of automated cash transactions, journal entries and bank reconciliations

  • FX hedge accounting

  • Sub-ledger reconciliation and management including AR & AP

  • Manual billing for trade receivables

The position will require business partnering with our business units and effective communication across functions and with senior finance management and global operations.

Responsibilities:

This Leader, Fixed Assets & Cash will be responsible for the operations of part of the fixed assets & cash accounting team including continuous improvement of processes and internal controls as well as contributing to the overall vision for Company’s shared services evolution.

  • Key support to the Accounting Leader, Fixed Assets & Cash in leading the establishment of the fixed assets & cash accounting team in the India Shared Service Center including hiring and training staff, implementation of standard business processes and governance for identified processes in-scope as documented in our finance blueprint.

  • Manage the transition of fixed assets & cash accounting finance processes from the local finance teams in the United States and Ireland (and other locations as required) to the India Shared Service Center.

  • Manage performance to targeted Global Key Performance Indicators (KPIs) to align with delivery of desired service level to the business.

  • Manage staff in accordance with Company policies and applicable local legislation, including planning, assigning, and directing work; appraising performance and guiding professional development; rewarding and disciplining employees; addressing employee relations issues and resolving problems.

  • Integrate fixed assets & cash accounting finance processes of new acquisitions into the India Shared Service Center.

  • Work closely with teams across the shared services organization and in the business lines to identify and implement opportunities for efficiencies (including the ERP IT team).

  • Manage ongoing fixed assets & cash accounting finance operations while also taking on ad hoc projects.

Behavioral Characteristics:

  • Strong communication skills with the ability to work with cross-functional management (operations, sales, etc.) and senior finance management.

  • Ability to build a positive rapport with personnel throughout the global organization.

  • High sense of urgency and ability to identify creative solutions to advanced, time sensitive problems by balancing achievement of process objectives with practical considerations.

  • Strong customer service focus, with a drive to ensure that we exceed the expectations of our customers.

  • Ability to establish & implement processes and perform in a fast-paced environment.

  • Strong ability to pursue best practices in back-office operations, commitment to delivering quality results and overcoming obstacles and challenges in a time-sensitive environment.

  • Ability to juggle and prioritize multiple responsibilities while remaining calm and effective under pressure.

  • Ability to develop and train a team effectively with a focus on their career development.

  • Exhibit a positive attitude and maintain poise under pressure.

Qualifications:

  • Bachelor’s degree in Accounting/Finance with a CPA or Chartered Accountant certification or other similar qualification.

  • Minimum of 8 years of relevant experience, including 2 years of experience in global shared service center environment / leadership role.

  • Knowledge of financial systems skills and reporting tools (experience with PeopleSoft a plus).

We offer competitive compensation and comprehensive benefits and programs that help our employees thrive in both their professional and personal lives. We are proud of our winning culture which is inclusive and respectful at its core. We share passion for serving customers, caring for others, and boldly challenging what’s possible for a sustainable world.

We are committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.

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