Entity Controller -General Ledger Accountant

Role & responsibilities

Skill / Roll

Must Have Key Skills

Preferred / Good to have

RTR

1. Deeper understanding of recording of financial statements

1. Understanding of sub ledger close and working with AP and AR teams

2. Deeper understanding on recording of prior period items, adjustments, timing differences between US GAAP and IFRS

2. Working in intra team environment

3. Indirect Tax workings and reconciliations, including tax claimable vs claimed

3. Must have worked on complex issues and ways to find solutions

4. Educational qualification CA

4. Would have exposure to work in tough and complex environment

Entity Controller General Ledger Accountant

Purpose Statement:

The core purpose of Entity Controller role is to be responsible for the accounting and reporting activities of certain Travelport operating companies, and to understand the accounting, business, and operations, including analysing and explaining P&L and balance sheet variances in detail. Additionally, this role is responsible to the Regional Managers, onshore  managers of those entities for the completeness, accuracy and on-time filing of the statutory financial statements. The role would include managing and closing complete recording of books of accounts which would include AP, AR, and FA sub ledger close, Payroll, Intercompany, Cash & Bank clearing and Balance Sheet Reconciliations.

Main Accountabilities:

• Responsible for managing legal entities accounting operation evidencing, and complying to key accounting controls
• Management of month, quarter, and year-end close timetable, ensuring bottlenecks are resolved and escalating issues as appropriate. Executing the consolidation and closing of the books
• Thorough review of trial balance, detailed revenue, cost of revenue, operating expense and balance sheet variance and trend analysis
• Responsible for the accounting for complex transactions, directing the functional work of team members as appropriate. Identify and correct any accounting issues as they occur
• Review/Approve and/or prepare complex manual journal entries required to complete month-end and annual accounts and to ensure the accuracy and timely posting of entries from sub-ledgers and other entry sources.
• Produce and present monthly legal entity reporting packs providing Balance Sheet and P&L analysis and supporting commentary.
• Provide accurate financial accounting information and analysis to other interested parties including decision support, tax, controllership and senior management.
• Perform Indirect Tax calculations, review and submission of tax returns. Perform balance sheet tax reconciliation
• Co-ordination of legal entity activity and collaborating with sub-ledger teams and key internal teams
• Maintain accurate Balance Sheet reconciliation throughout the month end timetable and clear open item and reconciling variances
• Involvement in preparation/ review / approval/ maintaining quality reconciliations submitted. Publishing periodic report for all open and reconciling items with definite clearing actions
• Liaising with onshore partners and providing complete visibility of the month end tasks at regular intervals during close periods to all stakeholders
• Lead role in managing external audit and financial statement filings and other compliance deliverables.
• Prepare, update accurate process documentation, including standard operating procedures and send for review. Adhering to KPIs and performance against SLA’s

Additional Responsibilities (some are experience):

• Candidates should have exposure working in Continuous Process Improvement environment/ team, embed Lean and Six Sigma tools and principles, including identification and implementation of Robotic Process Automation opportunities and driving improvements to core Oracle R12 and Trintech Cadency Finance systems
• Support Business Requirements gathering and User Acceptance Testing of Finance system implementations, including upgrades or changes to those systems

Knowledge, Skills, Experience, Training, Education:

• Qualified accountant degree with 6 to 8 years of experience in Corporate sector preferably in Manufacturing/ Hotel/ Aviation industry exposure
• Experience of working in a General Ledger environment, having the exposure of managing team in complex and multi currency entities and environment
• Advanced Microsoft Excel is essential, Oracle and Trintech Cadency would be an advantage
• Analytical, with attention to detail and problem resolution.
• Able to communicate clearly with stakeholders.
• Flexible / pro-active and responsive to changing business needs and emerging priorities.
• Tenacious and able to work under pressure to meet tight deadlines.
• Experience in managing / coaching / motivating teams during critical situations and provide solutions
• Strong organizational skills, including ability to coordinate, prioritize and manage multiple activities

Context/Environment:

• Working within a complex accounting environment.
• Responsible for one or more of 40 legal entities in across globe

Key Measures:

• Demonstration of detailed understanding of period to period movements in P&L and balance sheet
• Timeliness, completeness and accuracy of accounting entries, journal, and balance sheet reconciliations, timely period-end close.
• Adhering the transactional integrity and revenue recognition
• Adherence to SLA/ KPI’s
• Completeness of annual cycle of Cadency reconciliation reviews, and quality of reviews undertaken