Assistant Vice President / Vice President - Financial Controller

Job Description

Job Purpose This position will be responsible for the overall financial and operational management along with accounting of all expenses on timely basis for group compnaies in their subsidiaries in India and overseas. This position will drive the controllership of all group entities in close co-ordination with entity controllers of legal entities based at India and other International locations. Key Responsibilities Responsible for monthly, Quarterly and annual accounting closing process in time with the closing calendar Co-ordination with entity controllers of 20+ subsidiaries along with team, includes accounts payable, accounts receivables, cash and bank operations, asset accounting, general ledger scrutiny for finalization of accounts Liaising with statutory and internal auditors for queries raised and their resolutions timely completion of audits- Statutory audits Tax Audits, cost audits. Establish a calender along with Group consolidation controllers for getting quarterly results audited and published on time. Overseeing internal control which covers implementation of various SOP to improve the routine functions and utilization of early indicator reporting metrics to communicate financial risk or opportunities in a timely manner to senior leadership. Ensure accuracy in reporting and compliance to company policies and SOPs. Ensuring all expense within department budget while accounting for these expenses and raising alerts in case it exceeds in co-ordination with Internal MIS department. Scrutiny of all balance sheet and Profit & Loss account ledgers on monthly basis and taking corrective action for reconciliation, confirmation, and grouping. Resolving queries of Internal audit on regular basis. Creation and maintaining SOP across all areas of accounting operation for standardization and smooth transaction flow. Ensuring Internal Finance Control (IFC) across all financial operations and process control reviews and periodic assessment Listing out and taking up required automations in operations with IT Head for building up efficiency. To own the financial systems and ensure its utilization to the fullest Responsible for ensuring adherence to Financial Delegation of Authority To provide leadership to BU Finance Controllers and Financial Reporting teams Responsible for HQ day to day accounting and banking operations To continuously develop capability amongst FR team To drive strategic projects at Group level, eg new accounting package, cost optimization, efficiency projects etc To partner with Head-MIS and other senior leadership team across the organisation To develop a process of financial integration in case of acquisitions Requisite Skills Excellent Analytical, communication and presentations skills. Confident and a self- motivated individual, with the ability to operate in a dynamic environment. Expert in MS-Office tools, SAP with solid understanding of accounting software principles. Handling ERPs in current environment is must Early stage experience in Big 4 Audit firms would be desirable. High Exposure to multiple countries Sound knowledge of Accounting standards and its application is essential Experience of handling Financial Reporting in a large listed organization is must