Job
Description
The Assistant Financial Controller is responsible for maintaining general accounting systems, policies, and procedures to ensure that proper information is reported in accordance with Generally Accepted Accounting Principles. They are accountable for financial accounting, statutory audit, internal audits, management reporting, and compliance of the legal entity. The Assistant Financial Controller supports the Financial Controller by independently making judgments and recommending actions while managing USGAAP closure, statutory accounts, financial reporting, risk reporting, and regulatory compliance of the legal entity they manage. Working in a matrix organization, they drive the requirements effectively. Key Responsibilities: - Maintain books of accounts in compliance with US GAAP / Local GAAP - Adhere to corporate deadlines for submission and reporting - Review financials and reporting in a timely manner - Review income statements (Opex) and balance sheets - Sign off on representation letter - Report for 10K, 10Q, and other SEC purposes - Review balance sheet reconciliation monthly and report P&L exposure promptly - Ensure accuracy of accounts and analyze for reasonableness - Collaborate with Regional Controller and Lines of Business - Ensure compliance with Oracle policies - Implement policy/process changes and communicate exceptions to Senior Management/Stakeholders - Monitor entity compliance, financial position, and liaise with Treasury/Tax on intercompany settlements - Coordinate and comply with internal audit, SOX, USGAAP audit, statutory audit, and tax audit requirements - Prepare financial statements, notes to accounts, and variance analysis - Maintain clear trail of STAT adjustment entries and schedules - Reconcile between US GAAP and local GAAP - Manage stakeholder relationships through regular reviews, critical communication, and issue resolution - Participate in M&A tasks, due diligence, migration of balance, and compliance with country laws - Assist in process improvement, organization initiatives, and project execution Preferred Qualifications: - Chartered Accountant - Strong accounting fundamentals with knowledge of Accounting and reporting Standards (e.g., Ind AS/IFRS) - Experience in an ERP environment and familiarity with tools like Consolidation tools, Reconciliation tools, Analytical tools - High-level knowledge of Corporate and Taxation laws - Good verbal and written communication skills The Assistant Financial Controller plays a crucial role in ensuring accurate financial reporting, compliance, and stakeholder management within the organization.,
