IN-Associate_Statutory Reporting_Reporting COE _IFS_Gurgaon

Line of Service

Industry/Sector

Specialism

Management Level

• Working in alignment & delivering on the CoEs objectives and business benefits
• Driving innovation
• Fostering the culture of Collaboration and influence user behavior related to prompt reporting and actions on the anomalies.
• Ensure high creditability of the process by ensuring compliances to polices, RCSA framework and timely reporting with Internal and external auditors.
• Maintaining and building relationships with Finance process leads to ensure end to end process efficiency achieved.
  

Efficient Reporting COE Function:

• Management Reporting (India and Global)

• Data Analysis:

  Monitoring performance indicators, highlighting trends and analyzing causes of unexpected varianceException Reporting, Predictive Modeling, Scenario AnalysisSpend Analytics of LoS and IFS SBUsTrend Analysis of LoS and IFS budget at the time of initiating budgeting exerciseAnalyzing LoS and IFS performance against all relevant comparable - Budget, Forecast, YoY etc.Measuring and monitoring key KPIs of LoS and IFS to ensure full understanding and visibility at the time of budget submission

• Process Improvement:

  Making sure that management processes are fully coordinated and function as one process, activated by events and deviations, concentrating on the execution of strategy to accomplish organizational objectives.Identifying the levers for automation. Creating a dialogue on the idea with team lead coupled with detailed scenario analysis & BRD. Executing the project for successCollaborating with Business Partnering and Data warehouse leads to make sure the definitions of any data item are consistent and widely understood in the organization.Leverage Continuous Improvement team in implementing business intelligence tool and dashboard reports and improve data mining and extraction techniques.

Statutory reporting

• Efficient and timely reporting of Statutory financials for respective countries and respective calendar through seamless technology enabled reporting framework, including submission of the Management accounts for compliance in countries requiring tax filings for creation of permanent establishment.
• Ensuring schedules supporting the monthly and annual financials are completed, accurate and relevant.
• Strengthen Statutory reporting to cater to meet the requirement of all stakeholders, including timely submission of Mock Assessment schedules and explanations.
• Forecasting financials for the payment of advance tax during the financial year with detailed review of revenue and cost, Reviewing the assumptions with changing business dynamics while comparing the actual performance against the budgets.
• Monitor integrated process of inter-entity invoicing and settlement in accordance with the inter-entity policy, ensure master up to date master data.
  AP- AR recon to check the positionResource sharingCross ChargesContract InternalTax TechnologySSC cost allocationExpense billingInter Location InvoicingAR & AP file for invoicingScanned copy of IE rate letter on the basis of agreed rate for DPs signature
• Generating delivery challan for the transfer of the assets across entity and locations.
• Ensuring FA related deliverables are operated with precision, quality and effectively:
  Monthly CWIP AnalysisDepreciation projection on Capex budgetEmployee wise monthly depreciation on Finance car, iPad, iPhone & MacBookCars, Fit outs, iPhones, iPads, MacBook&aposs Finance Lease Capitalization/DecapitalizationPhysical Verification & its reconciliation with FARReview of Professional charges & Repair & Maintenance charges > 5 lakhsMonthly FA schedule preparationFA schedules for reviewMonthly DC details shared for GST complianceMonthly reconciliation of TRS Tools Intangible CWIP cost and its capitalizationMonthly depreciation of TRS Intangible ToolsMonthly reconciliation of CDO Tools Intangible CWIP cost and its capitalizationMonthly reconciliation of IT Tools Intangible CWIP cost and its capitalizationDelivery Challan and Tax Invoice preparation for Asset MovementRetirement/derecognition of BS & IT assets, E-waste disposal of IT assets as per e-waste policyImpairment/derecognition of Intangible assets if no future economic benefits are available

• Managing the request for statutory and other documents to enable engagement teams submit bids in time.
• Ensuring all the service Now tickets are efficiently managed and closed within the defined timeline
• Preparing statutory schedules by digital task force and finance teams, period review to enhance the efficiency of information captured to minimize the review points and clarifications required by internal and external stakeholders. Ensure that all actions identified are

  regularly reviewed

• Prioritize the Balance Sheet on a

  risk-based approach

  , identify the accounts that inherently have the greatest risk of error and financial risk. Create a

  standard, organization-wide format

  for preparing financial schedules outline templates for different categories of accounts.
• Ensure compliances to agreed procedures to perform reconciliation, review the deliverables meeting the expectations on the deliverables, performing quality checks to avoid error.
  

Mandatory skill sets:

Preferred skill sets:

Years of experience required:

Education qualification:

Education

Certifications

Required Skills

Optional Skills

Desired Languages

Travel Requirements

Available for Work Visa Sponsorship

Government Clearance Required

Job Posting End Date