Manager, Corporate Accounting

About Vanguard
Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe—directly, through workplace plans, and through financial intermediaries.

Vanguard’s India Office

Vanguard’s office in India is a significant milestone in our global expansion. We are committed to establishing an enduring technology center in Hyderabad, Telangana and are excited to be adding talent who will focus on Artificial Intelligence (AI), mobile, and cloud-based technologies that drive our business outcomes and deliver a world-class experience for our clients.  

Role Summary

This role will be managing the domestic and/or international corporate accounting operations teams to provide accurate accounting information for Vanguard and subsidiaries, month end close processes, and effective internal controls. This role ensures compliance with financial recording standards, manages account reconciliations and prepares accounting reports for internal and external audiences. It ensures accurate and timely cost accounting, budgeting and accounts payable/receivable functions, as needed.

Responsibilities

• Handles the month and year end close processes and provides accurate and timely accounting records to enable completion of statutory financial statements, consolidation processes and regulatory reporting. Leads balance sheet reconciliation and fluctuation analysis processes to provide assurance to senior management around accuracy of information.
• Works closely with Head of Finance to assist in hiring the team members, evaluating and supervising crew. Provides guidance and training as necessary to develop crew. Follows set performance standards, reviews performance and recommends informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
• Leads the delivery of corporate accounting records to external auditors during annual audits.
• Follows the global operating standards for corporate accounting. Ensures ongoing compliance to the standard and keeps abreast with ongoing changes to local accounting changes.
• Participates on the India entity corporate accounting managers team as part of providing inputs for better control around business process design and closely works with the peers.
• Recommends and monitors the control environment and framework to safeguard against fraud, misuse and inefficiency.
• Provides inputs on the interpretation and application of new and/or complex accounting regulatory changes. Provides guidance to internal business clients with update to internal policies and procedures as necessary.
• Ensures that risks are proactively identified and mitigated. Such risks are properly addressed and integrated into all daily processes. Prepares appropriate dashboards and ensures completeness of documentation for departmental procedures.
• Participates in special projects and performs other duties as assigned.
• Ensures adherence to standards for recording financial transactions including general ledger, cash payments and collections and tax-related entries to maintain accurate accounting records.
• Controls and reconciles key accounts such as balance sheet items, profit and loss statements and bank accounts to maintain financial integrity and support reporting accuracy.
• Prepares and reviews accounting reports and schedules for internal management purposes as well as external compliance and consolidation, including cash flow and budget reporting.
• Supports cost accounting activities such as cost allocation, variance analysis, and budget preparation to facilitate effective financial planning and operational efficiency.

Qualifications

• Minimum 9 years of corporate finance and related work experience, with at least 5 years’ experience in financial services.
• Minimum qualification is to be a Chartered Accountant. Any additional Bachelor’s degree (Commerce) or Master’s degree/Diploma in Business Administration, Economics and Finance or related disciplines will be a plus.
• Strong knowledge of accounting standards, regulatory compliance, internal controls, financial reporting, reconciliation processes and cost accounting techniques. Must have handled/ led statutory audits, awareness of SOX will be a plus. Excellent communication and process improvement skills.

Location

This role is based in Hyderabad, Telangana at Vanguard’s India office. Only qualified external applicants will be considered.

Our mission

Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

Our commitment to you 

Vanguard takes the same long-term view of your success—at work and in life—with Benefits and Rewards packages that reflect what you care about, throughout all the phases and stages of your life. Our Total Rewards programs provide you and your loved ones with wellness support for key areas in your life: 

Financial wellness 
We're committed to enabling your financial success and provide competitive offers and programs. 

Physical wellness 
We're committed to providing benefits that support your physical health and wellness. 

Personal wellness 
We're committed to providing resources that help support the full scope of your life. 

How we work

Vanguard has implemented a hybrid working model for most of our employees (crew members), designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.