Manager - Finance Assurance

JOB PURPOSE

This position will lead successful delivery of review of Balance sheet GLs reconciliations & analysis for all GMR Core business covering for the designated sector (Airport and Non-Airport), excludes JVs, foreign entities & any non- SAP Entities. This role shall also regularly review the Risk rating (High, Medium and Low) of Ledger accounts liasing with Business Finance & MAG.

ORGANISATION CHART

KEY ACCOUNTABILITIES

Accountabilities Key Performance Indicators
Risk profiling of the Balance Sheet Accounts
Liaise with the MAG, Business Finance and Tax teams to categorize the Balance Sheet accounts into High, Medium and low risk items Timelines
Establish and sustain the Balance Sheet review framework & Governance -
Preparer, Reviewer and Approver framework
Define the list of documents, notes, etc to justify the carrying balances on BS
Define the frequency of the reconciliation to be performed for each category of BS account
Governance to report out the items into Close, Reconciled and Open items and track them to closure
Report out Group level view on the potential adjustments to be made to the carrying values of the Accounts to the GCFO/SCFOs/MAG on a quarterly basis
Timelines
Drive Efficiencies and automation of Process
Standardize and simplify the process to drive efficiencies.
Lead the implementation of reconciliation tool to automate the process Verification of transaction related items.
Enhance the Month End close governance and Audits
Identify the potential gaps in process and strengthen the Accounting process
Strengthen the review to enhance the effectiveness of the audits and external reviews
People Management
Provide regular, constructive feedback to maximize positive impact of individual team member s talent
Hiring and Resource planning along with optimizing the resource utilization by identifying areas of efficiency
Managing overall team attrition rates
Ability to teach and coach team members.
Continuous monitoring & management of team members
Ensure there is sufficient bandwidth of talent caliber/ potential across the organization to provide sufficient bench strength for key roles, and sustain, build organizational capability over time Attrition Rate

KEY ACCOUNTABILITIES - Additional Details

Auditors, Bankers, Vendors, Customers,

EXTERNAL INTERACTIONS

Auditors, Bankers, Vendors, Customers,

INTERNAL INTERACTIONS

Business CFOs, Controllers, BHRs, Commercial & Contracts, Treasury, SSC R2R Team Leads, Functional Leads.

GMR Enterprise IT

Discussions with IT for all new tools & technologies essential for Automation of the Process.

FINANCIAL DIMENSIONS

• Risk Management to mitigate financial losses.
• Timely and effective closure of Audits and external review by Financial agencies

OTHER DIMENSIONS

• Team Management

EDUCATION QUALIFICATIONS

• Bachelor s or Masters degree in Accounting and preferably a Chartered Accountant
• Min. 8+ years work experience in Accounting, Auditing, Financials Review Analysis etc.

RELEVANT EXPERIENCE

• Technical Competency

  Sound Knowledge on

• Accounting & Finance Processes
• ERP (SAP-FICO, & BPC)

COMPETENCIES