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Are you ready to make your mark in the healthcare industry using your ingenuity and technical expertise? At Parexel, there's no limit to what you can accomplish. We work with the top 50 global pharmaceutical companies, the top global biotech companies, and hundreds of small and emerging companies. We've supported the development of some of the most important treatments of our time, including nearly all of the 50 top selling drugs currently on the market. Join us and you'll make a profound difference in millions of lives. With a role in our Information Technology group, you'll work with cutting-edge technology on internal and client-facing projects. Collaborating with people from all over the world and touching everything from enterprise systems and clinical applications to infrastructure and networking, you'll keep our data safe and confidential. You'll have the chance to develop your skills and pursue advancement opportunities that include managerial and technical tracks. If you have stellar coding and design experience and a passion to learn more about healthcare, Parexel invites you to discover our rewarding opportunities in Enterprise Architecture, Software Development, Project Management and Business Analysis, and more. In a global clinical trial environment, business-focused applications, connectivity, and data security are critical to a trial's outcome. Find out how you can be an invaluable part of our success story.

Senior Manager Central Account Support - Bank Reconciliation

Job ID R0000040567 Hyderabad, Telangana, India

Senior Manager, Central Accounting Support

Role Summary

The Senior Manager, Central Accounting Support provides strategic leadership over core accounting operations with a focus on Bank reconciliations and accruals, ensuring accurate financial reporting, strong internal controls, and compliance with applicable accounting standards. This role oversees the financial close process, guides accounting policy application, leads a 6 member team, and partners closely with cross‑functional stakeholders. The Senior Manager plays a critical role in supporting business decision‑making, audit readiness, and the organization’s long‑term growth.

Key Responsibilities

Financial Reporting & Close

  • Lead month‑end, quarter‑end, and year‑end close processes to ensure timely, accurate financial results
  • Oversee Balance Sheet review , supporting schedules, and key analyses
  • Review complex journal entries, account reconciliations, estimates, and financial judgments
  • Partner with external auditors and manage audit planning, execution, and issue resolution

Accounting Operations & Controls

  • Establish and maintain accounting policies, procedures, and internal control standards
  • Oversee Bank Reconciliation and Cash Application accounting functions, including general ledger, accounts payable, and accounts receivable.
  • Identify and resolve complex accounting matters and non‑routine transactions
  • Ensure ongoing effectiveness of internal controls and compliance with regulatory standards
  • Lead accounting process improvements and system enhancements to support scalability

Leadership & Talent Development

  • Lead, mentor, and develop specialists in the team.
  • Set performance expectations, provide coaching, and support career development
  • Foster a culture of accuracy, accountability, collaboration, and continuous improvement
  • Ensure appropriate resource planning to support business growth and reporting requirements

Business Partnership & Advisory

  • Serve as a trusted accounting advisor to finance leadership and cross‑functional partners
  • Collaborate with FP&A, tax, treasury, and operations to support strategic initiatives
  • Participate in special projects, integrations, and organizational initiatives as needed

Qualifications

Skills & Competencies

  • Proven ability to lead complex close processes in a dynamic environment
  • Experience designing and maintaining effective internal controls
  • ERP (Oracle) and financial systems proficiency
  • Excellent analytical, problem‑solving, and decision‑making skills
  • Strong written and verbal communication skills
  • Demonstrated people leadership and stakeholder management capabilities

Experience

  • Typically 6-10 years of progressive accounting experience
  • 6+ years of experience leading teams or managing accounting functions
  • Experience supporting audits and working with external auditors
  • Background in professional services, life sciences, or project‑based environments preferred

Experience improving accounting processes or leading system implementations a plus

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