CFIN R2R Solution Architect

Job description

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This Position reports to:
Head of Central Finance
Your role and responsibilities:

We are seeking a skilled Record to Report (R2R) Solution architect to play a key role in configuring, implementing, and supporting R2R processes within the Central Finance (CFIN) system.

The R2R Solution architect will collaborate closely with business stakeholders, process owners, and technical teams to ensure seamless integration of R2R functions within the CFIN framework.

This role requires deep functional knowledge of R2R processes, as well as the ability to translate business requirements into system configurations that optimize efficiency, accuracy, and business performance.

This position requires close coordination with Deployment team, Functional architects and external vendors, to maintain and evolve the R2R architecture, ensuring it meets business needs and complies with ABB's standards.

The work model for the role is: #LI-Onsite

This role is contributing to the Finance Services business Finance Process Data Systems division in Bangalore, India.

You will be mainly accountable for:
R2R Process Configuration: Configure and maintain Record to Report (R2R) processes such as General Ledger (GL) accounting, month-end and year-end closing, financial reporting, consolidation, reconciliations, intercompany accounting, Group Reporting, Intercompany, reconciliation and financial statement.

within the Central Finance (CFIN) system, ensuring alignment with business needs and industry best practices.
Requirements Gathering & Analysis: Collaborate with business stakeholders and process owners to thoroughly understand their requirements, document functional specifications, and translate these into system configurations.

System Integration: Facilitate seamless integration of R2R processes within the CFIN system, as well as with other enterprise systems (ERP, Trintech, Basware, etc.), ensuring smooth data flow and automation of processes across platforms.

User Support & Training: Provide ongoing functional support to end-users, addressing issues, offering solutions, and conducting training to ensure optimal utilization of the system and full understanding of R2R processes.
Testing & Validation: Participate in testing and validation activities for new configurations, enhancements, and fixes, ensuring they meet business and functional requirements.

Process Optimization: Regularly monitor and evaluate R2R processes to identify opportunities for automation, efficiency improvements, and best practice implementation within the CFIN system.
Documentation & Compliance: Develop and maintain comprehensive documentation for R2R system configurations, process flows, and integration points, ensuring compliance with internal standards and regulatory guidelines.

Collaboration with Technical Teams: Work closely with IS architects, developers, and technical teams to ensure that functional requirements are correctly implemented and aligned with system design specifications.
Troubleshooting & Issue Resolution: Provide expert troubleshooting support for R2R-related system issues, working collaboratively with cross-functional teams to resolve any challenges promptly.

Continuous Improvement: Stay informed about the latest industry trends, best practices, and system updates to continuously enhance the efficiency and effectiveness of R2R processes within CFIN.
Project and New Demand Management: Take ownership of configuring new demands or changes in system functionality, ensuring proper alignment with system design documentation and business requirements.

R2R-Related Data Management: Oversee the management and accuracy of R2R-related data within the system, ensuring data integrity, consistency, and compliance with business rules across all R2R processes.

Qualifications for the role:
Education: Bachelor’s or master’s degree in computer science, Finance, Information Systems, Business Administration, or a related field.

Relevant certifications in R2R/ FICO - SAP ECC, SAP S/4HANA, SAP CFIN, or IT architecture.

Proven experience (5+ years) in R2R process management, with a strong background in system configuration and implementation within SAP or similar ERP environments (SAP ECC, SAP S/4HANA, SAP CFIN).
Strong functional knowledge of Record to Report processes, including Hyperion & Financial Management & reconciliations Experience in configuring R2R processes in SAP or similar ERP systems, with a solid understanding of integration points and data flows across systems.

Familiarity with Central Finance (CFIN) and integration with other finance-related modules.

Experience with requirements gathering, business analysis, and documentation of functional specifications.

High level understanding of Intercompany Matching and Reconciliation & should have good exposure in making Rules/Exposures & locking down the complex scenario to make better ICMR capabilities with more futuristic visibility.
High level understanding of Balance sheet account reconciliation & how this concept can help us to achieve wider view, Visibility based on Hyperion & Financial Management & reconciliations done on various levels, High level understanding of global & structural on FSVs: Financial statements Strong analytical skills and attention to detail.

Excellent communication skills, with the ability to collaborate effectively with cross-functional teams, stakeholders, and technical teams.
A strong focus on continuous improvement and automation, with a passion for driving innovation within enterprise systems.

Experience in managing relationships with external vendors and third-party service providers to ensure the delivery of high-quality solutions.

Ability to adapt to a fast-paced, dynamic work environment and manage multiple priorities effectively.

More about us:

Finance Services is ABB’s shared services organization which delivers operational and expert services in Finance, with employees based in five main hubs and front offices, finance service provides mainly Business services to ABB teams across the globe as well as supports with external customer inquiries.
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Required Skill Profession

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