Team Member - Controlling

Division

Finance

Department

Commercial Finance

Sub Department

EM & EU Finance

Employment Type

Job Purpose

To support effective financial controlling by analysing financial data, preparing reports and assisting in periodic closing process. Ensure accurate cost tracking and provides insights to support strategic decision making. Support audits and compliance with internal policies. Responsible for statutory and internal financial statements and stakeholder management.

Key Accountabilities (1/2)

1. Overall Accountability

• closure of monthly, quarterly, and annual accounts, financial reporting, audits and compliances. Ad-hoc reporting / MIS activities
• Manage all accounting operations including billing, A/R, A/P, GL, Cost accounting, Inventory accounting and Revenue recognition
• Manage the company's funding-related financial diligence, and coordination with internal and external teams
• Financial control of assigned subsidiary / business
• Managing Internal and External Audits

2. Financial Books Closure and related activities

• Responsible for review of periodical finance close in line closing checklist and period end submissions of financial information
• Ensure accurate reported as per Ind AS and local GAAP
• Preparation of financials
• SAP/BPC knowledge added advantage
• Coordinate with Corporate team for consolidation activities and requirement
• Provide internal assurance on completeness and comprehensiveness of financial close
• Adopt and adhere to Global FSCP policy
• Manage receivables and BS schedule for the assigned business
• Responsible for statutory compliances and related activities

Key Accountabilities (2/2)

3.Internal Controls

• Develop and document business processes and accounting policies to maintain and strengthen internal controls
• Review of controls adequacy and drive simplification
• Responsible for implementation and compliance to Internal Financial controls. DOA encompassing procedures, activities and tasks which are related to financial reporting and those which has financial implications
• Responsible to drive adoption of automated controls, SAP implementation/upgradation, System based controls and checks (Payables, receivables, claim management, Banking).
• Drive and lead statutory and internal compliance

Major Challenges

• Adherence to strict deadlines without compromising on quality of deliverables
• Managing multiple stakeholders (internal and external) and provide resolution in a timely manner
• Prioritization and time management

Key Interactions

INTERNAL 

• Regional and BU Finance
• Corporate finance
• Corporate treasury
• Corporate tax
• Legal and secretarial
• Financial shared services
• Business
• Internal auditors

EXTERNAL

• External auditors
• Consultants
• Customers
• Vendors
• Bankers
• Regulatory bodies

Education Qualification

Chartered Accountant with accounting / reporting / audit background

Relevant Work Experience

2-5 years of post-qualification experience with strong knowledge of Ind AS

Competencies/Skills

Job Location

Lower Parel

Shift Hours

Diversity Requirement