Senior Technical & Legal Entity Controller

Job Description Summary Responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis. Has in-depth knowledge of best practices and how own area integrates with others; has working knowledge of competition and the factors that differentiate them in the market

Job Description

Essential Responsibilities:

Internal Control, Statutory audit and compliances

• Responsible for designing and implementing internal controls over financial reporting, including accounting policy implementations, distributed controllership, process simplification and internal controls. Serve as controllership experts on financial system and ERP implementations.

• Develop and implement internal controls to safeguard company assets and ensure integrity of financial reporting.

• Ensure GE GAAP local GAAP finance records are maintained in timely, accurate and in complete fashion and perform quality assurance on all data documentation.

• Participate in internal and GE Internal audits for the controllership and ensuring all legal, tax, statutory and GAAP requirements are met. Drive closure of open audit issues and proactively work to prevent future issues / manage risk. Lead resulting corrective action process implementation and follow up.

Book Closing and Reporting

• Oversee all financial and accounting operations for the India legal entities including fixed asset management and ensure compliance with Indian accounting standards and any other statutory requirements.

• Lead in monthly/ quarterly close process to ensure compliance, integrity of account balances/financial reporting and effectiveness of business processes.

• Ensure clean balance sheet and accounts reconciliation review and closure of open items in a timely manner.

• Lead Statutory audit, Tax audit, TP audit and other regulatory audit completion in a seamless manner with in prescribed timeline.

• Represent controllership in Admin/Audit committee meetings involving financial statement adoption.

• Perform financial analysis of balance sheet and Income statement accounts to ensure compliance, integrity of account balances/financial reporting and effectiveness of business processes.

• Participate in annual pre-close, quarterly CFO BS risk reviews with key operations and financial management personnel.

• Effectively partner with HQ teams to ensure high quality and speed of financial reporting, facilitating analysis of financial.

Governance

• Provide Corp Governance in Legal Entity by ensuring all matters from Stat Reporting, Operational Controllership (e.g. reconciliations and controls), external reporting and compliance are managed appropriately.

• Work closely with financial (FPA and Controllership) and operational leadership to pro-actively assess and manage financial risk. Identify potential risks opportunities and communicate effectively. And interpret finance risks opportunities to local circumstances.

• Streamline Accounting Controllership practices across South Asia legal entities, and work with Commercial Finance Operational teams to adopt Healthcare SOP s; drive controllership through operational teams and ensure SOX compliance.

Technical accounting

• Support commercial, FPA and operations leaders/teams to understand financial/accounting implications of transactions and other matters by providing GE expertise and technical accounting guidance

• Leading/handling tax return filing (including working closely with tax teams to provide data/ documents required for the purpose), annual return filing and all other local compliance are meet on time.

• Research and advise on complex technical accounting issues and stay up to date on changes in accounting regulations and best practice.

Projects

• Lead / support cross-functional as well as cross-regional projects focused on 1) improving rigor in key Finance and Operational processes, and 2) Drive lean/ standardization efforts to reduce manual touch points and increasing efficiencies.

• Lead and participate in projects involving automations drive efficiency from Controllership side.

• Monitor Drive GE and GEHC and International corporate initiatives, simplification projects and integration projects. Provide leadership on these projects.

• Perform ad hoc special projects.

Qualifications and Experience

• Qualified chartered accountant with 10-15 years of post-qualification experience, extensive experience in financial and accounting management within large MNCs or Big 4 accounting firms.

• Proven experience in managing statutory audits and tax audits.

• Experience with ERP systems Oracle and SAP

• Excellent communication and interpersonal skills and ability to work independently and as part of team.

• Ability to effectively manage relationships with diverse stake holders, fostering a collaborative mind set to partner with cross functional teams such as Legal, HR, Compliance, Tax and Business. Additionally possesses experience in overseeing third party service providers and ensure optimal performance.

Inclusion and Diversity

GE HealthCare is an Equal Opportunity Employer where inclusion matters. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

We expect all employees to live and breathe our behaviors: to act with humility and build trust; lead with transparency; deliver with focus, and drive ownership - always with unyielding integrity.

Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything you d expect from an organization with global strength and scale, and you ll be surrounded by career opportunities in a culture that fosters care, collaboration and support .

Additional Information