Regional Lead Controllership (For a leading MNC)

Overall Purpose of The Job

Regional Lead Controllership will be responsible to deliver performance that meets or exceeds the required performance levels in terms of quality and efficiency for consolidated management accounts and various other weekly / monthly, annually financial reporting requirements.

The role will work closely with the Financial Controller to ensure consistent accounting rules and standards are applied. Will be responsible for the delivery & completion of the Annual Audit process Supporting the Finance Business Partners in forecasting and budgeting activities.

Scope : All entities covered in cluster of Global regions

Key Responsibilities and Tasks

• Review of timely and accurate management accounts & financial statements
• Manage the HFM consolidation system ensuring that results are reported accurately.
• Identify opportunities with operations for revenue and cost optimization and prevent revenue leakages
• Report Operational and Finance metrics for driving overall efficiency in the business
• Review and Present the consolidation and month end reporting of core Financial Statements - P&L, Balance Sheet and Cashflow with top of the class commentaries
• Support initiatives to improve the quality of work delivered by the shared services centre
• Actively work on closing out issues in the entities that they are responsible
• One point of contact for entity to address queries from the Group consolidators and internal teams
• Prepare and present financial decks for the respective Business Units
• Managing regions payroll process by collaborating with the payroll groups and treasury functions including day-to-day finance and accounting operations
• Provide commentaries on variances between Budget, Forecast VS actuals
• Oversees day to day accounting, revenue/ debtors/ receivables management / ageing analysis (A/R), payable / creditor / vendor management (A/P),Working capital/cash flow management including external support from banks and financial institutions
• Directing accounting operations, statutory compliance, and finance controllership for the respective offices Collaborating with the Finance leadership of the organization to ensure smooth finance operations for all the sites
• Acting as the trusted advisor for finance and Tax leadership on local tax and regulatory matters
• Support the Finance Business Partners in forecasting and budgeting activities.
• Work closely in co-ordination with In Country Team , GSS team and Controllers
• Liaison with Operations team, suppliers, and internal teams to resolve financial matters
• Point of contact for Vendors and Customers Queries
• Effective cash management and approve invoices and payments
• Ensuring healthy business metrics for the Business Units
• Support FC in quarterly and full year reporting requirements and liaising with the Group and local and external auditors.
• Lead a team of Team Leaders/ Sr Team Leader and responsible for their growth and development in the organization
• Ensures Maintenance of statutory books and monitoring statutory compliance including external periodic statutory audits. Manage and review of periodical budgets (Annual/ quarterly/ monthly basis), variance analysis with corrective recommendations,
• Support accounting and due diligence for acquisitions and disposals
• Drive solution and implement in discussion with all stakeholders
• Management information and decision supportive reports including project & profitability analysis, project and associate performance analysis including project accounting
• Managing all periodic statutory compliances including Tax audit, TP audit, MCA filings, etc.
• Work with close co-operation with staff
• Adherence to group wide financial discipline through balance sheet review, identification of best practice processes and driving continuous improvement
• Key role in delivery of quarterly and full year Stat reporting requirements and liaising with the Group and local auditors
• Custodian of all control documents and review its completeness
• Manage and develop a culture of control, quality, and consistency
• Build strong relationships and trust with financial stakeholders throughout the Group.
• Assist with various control improvement and ad hoc finance initiatives
• Lead Initiatives towards Cost rationalisation and Productivity Improvement
• Process Acumen and active involvement with focus groups
• Lead Group change initiatives
• Ensure culture of consistent policies and practice for financial reporting across the group
• Understand the contractual terms and reflect the same in books of accounts
• Any other duties or responsibilities assigned by the line manager

Essential

• Chartered Accountant with minimum 7 yrs experience OR Graduate with minimum 10 yrs of relevant experience
• Experience in accounting and financial systems
• Extensive Experience in interfacing with business operational customers and Controllers
• Ability to manage a diverse group of skill sets in a delivery center environment
• Strong communication skills (English required)
• Fluent in English (Writing skills, Speaking skills, Oral and reading comprehension)
• Ability to portray professionalism and confidence to customers via phone and e-mail
• Strong organizational and time management skills
• Ability to multi-task and handle large volume of work efficiently and accurately
• Demonstrate high ethical standards