Assistant Manager / Deputy Manager - Finance Controller

Role & responsibilities :

Accounting and Financial Reporting: -

• Responsible for the entire accounting function of international subsidiaries.
• Maintaining accounts as per Local GAAP for the local requirements and as per IFRS for group reporting.
• Supporting month-end closing activities, including preparing journal entries, account reconciliations, and variance analysis.
• Managed accounts payable processes, ensuring timely and accurate payments. - Co-ordinating for the inventory counts with the local teams on a quarterly basis.
• Handling Transfer Pricing related Compliances.
• Monitoring Trade Receivables and having continuous discussions with the local team for the timely recoverability of the overdues and creating necessary accruals as and when necessary.
• Work on reporting various operating financials, cost calculations, budgets and inputs from a commercial point of view.

Audit and Compliance:

• Responsible for overseeing the external audit for the international entities; Ensures all financial documentation of the entities are collated for the external audit in collaboration with the financial team of the respective business units.
• Reviews financial statements, interest calculations and tax computations in preparation for the external audit.
• Ensures full IFRS compliance across all entities. Reviews and approves IFRS calculations (IFRS 9, IFRS 15, IFRS 3 and IFRS 16), discounted cash flows, Tax computations, related party data to ensure the audit runs smoothly.
• Prepares and manages the information required for consolidation in order for the group consolidation to be finalised.
• Work closely with internal and external auditors and work constructively towards addressing issues and gaps identified by auditors.
• Ensures Group audit timelines are adhered to. - Responsible for tax compliances - Direct Taxes as well as Indirect Taxes, including Transfer Pricing.
• Work closely on secretarial, legal and other regulatory compliances.

Funds Management:

• Oversight on the cash flows of the business, keeping a close watch on receivables and Payables.
• Inventory Management.
• OPEX and CAPEX Management.
• Working capital facility management at each subsidiary.
• Keep a check on the investments made by the subsidiaries in the liquids funds, FD etc. and analyze the earnings on the same.
• Doing the profitability analysis calculations and deriving the ROCE on the new business lines before placing any major orders with third parties.
• Ensuring the highest level of safety and security in the banking channels of all the subsidiaries to avoid any case of fraud or loss of funds.

Systems and Processes:

• Focus on improving systems and processes, with a view to strengthening capabilities within the function and also building efficiencies over time.
• Business & finance transformational experience, process improvement experience.
• Working on Finance Modelling and Automation.
• Prioritizing the improvisations in SAP which are suggested by the local teams.

Talent Management:

• Resource development and deployment including hiring, training and coaching, performance management, talent development and reward and recognition
• Active engagement around succession and development planning

Preferred candidate profile

• Experience 5 7 years in a Finance Controlling role.
• Education essential – a CA Degree
• Ability to build relationships and influence people in a matrix environment.
• Ability to create and enforce process discipline and a positive work culture
• Experience of working on SAP would be preferred.