Director, Global Process Owner - Record to Report (R2R)

LyondellBasell

Basic Function

The Global Process Owner (GPO) for accounting and finance processes within Record to Report (R2R), is accountable for the assigned end-to-end process overall performance in relation to the established key deliverables.  This position provides leadership and develops/enforces governance to ensure business results are achieved through the application of continuous improvement, meaningful prioritization, digitization, utilization of global resources, and effective project management.

Role Description

• The GPO ensures governance and proactive development and enhancement of their end-to-end process across the enterprise. 
• The GPO must collaborate with process stakeholders and peer process owners to ensure effective and efficient process operations and identification and leverage of cross process synergies. 
• The GPO exercises effective leadership by influencing broad groups across the enterprise at various levels of seniority, most importantly those senior to them, and by mobilizing other groups’ resources as needed to support initiatives and projects. 
• The GPO also monitors process performance and prioritizes and drives process related investment decisions and implementation, in line with the available IT resources. 
• The GPO is accountable for ensuring process compliance with all relevant legislation and company policies. 
• The GPO is responsible for the on-going coaching and development of assigned employees, direct and indirect reports, globally and across functions. The GPO will impact and influence others across the entire organization as well as hire, manage, and develop a skilled staff and work environment to meet objectives.
• The GPO for R2R will govern and influence the end-to-end transactional processes related to finance, manufacturing, supply chain, customer service, sales, and corporate and global business services including technology, data, and performance management throughout the organization impacting the R2R experience for internal and external customers and colleagues.  The R2R process includes, but is not limited to the following accounting subprocesses: fixed assets, leases, inventory, general and corporate accounting, as well as, close and consolidations, internal and external reporting, financial planning and analysis, tax and treasury.  

 

Emphasis on the Record to Report (R2R) Process

• The GPO for Record to Report will govern the end-to-end transactional processes related to finance and accounting, and influence upstream and downstream processes across manufacturing, supply chain, customer service, sales, and corporate and global business services including technology, data, and performance management throughout the organization.  The R2R process includes, but is not limited to the following accounting subprocesses: fixed assets, leases, inventory, general and corporate accounting, as well as, close and consolidations, internal and external reporting, financial planning and analysis, tax and treasury.  
• Each individual subprocess within R2R consists of complex layers of additional sub processes, each having interdependencies across Finance and across the broader organization.  The GPO is expected to understand how the different areas liaise with each other, who the key stakeholders are, and build relationships accordingly to secure “buy in” and sell the vision and concept across the stakeholders. 
• This role must understand the effect of each subprocess in the global R2R process on other functional areas and drill down into activities that have material impact for R2R success, analyze where bottlenecks and leakages occur, and determine which metrics to measure and improve in order to optimize the customer experience and financial results. 

Responsibilities

Establish End-to-End Process Vision & Develop Process Roadmap 

• Define and communicate a clear vision and strategy for end-to-end process across the operating model 
• Develop and translate strategy into overall R2R process key deliverables, operational goals, objectives, and process roadmap 
• Lead the execution of a global strategy for an end-to-end process including associated policies and technologies 
• Research and stay abreast of process trends and leading practices occurring in the marketplace to inform strategic direction and process enhancement 
• Collaborate with all departments to ensure consistency in approach and execution of performance improvement strategies across the Company
• Partner with ITS and other functional Process Owners to drive end-to-end process view for projects/initiatives and ensuring such projects align with broader Company strategy

 

Build a Process Framework for Continuous Assessment of Ef