Parexel

Senior Manager Central Account Support - Bank Reconciliation

Parexel  •  Hyderabad, IN (Onsite)  •  1 month ago
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Job Description

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

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

Parexel

About Parexel

Parexel is among the world’s largest clinical research organizations (CROs), providing the full range of Phase I to IV clinical development services to help life-saving treatments reach patients faster. Leveraging the breadth of our clinical, regulatory and therapeutic expertise, our team of more than 21,000 global professionals collaborates with biopharmaceutical leaders, emerging innovators and sites to design and deliver clinical trials with patients in mind, increasing access and participation to make clinical research a care option for anyone, anywhere. Our depth of industry knowledge and strong track record gained over the past 40 years is moving the industry forward and advancing clinical research in healthcare’s most complex areas, while our innovation ecosystem offers the best solutions to make every phase of the clinical trial process more efficient. With the people, insight and focus on operational excellence, we work every day to treat patients with dignity and continuously learn from their experiences, so every trial makes a difference. For more information, visit parexel.com.

Community Guidelines

Because Parexel’s social media channels are open to the general public and employees, we are not responsible for views expressed other than our own. However, we do not tolerate posts that are:

• Abusive, harassing or threatening to others.

• Defamatory, offensive, obscene, vulgar or depicting violence.

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sexual preference or orientation, nationality or political beliefs.

• Sexually explicit or pornographic.

• Fraudulent, deceptive, libelous, misleading or unlawful.

• Referencing criminal or illegal activity.

• Spamming.

We reserve the right to remove any comments that do not adhere to our guidelines as well as report users who violate the rules of our page.

Industry
Chemicals & Materials
Company Size
10,000+ employees
Headquarters
Raleigh, North Carolina
Year Founded
Unknown
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