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Senior Manager Central Account Support - Bank Reconciliation

at Parexel

Hyderabad, India Senior Posted 2026-04-28

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About this role

When our values align, there's no limit to what we can achieve.   At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do. Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference. 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

How to get this job at Parexel

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