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Job Title: Business Unit Controller


Location: Bangalore, India (Hybrid, minimum 2 days/week at the Bangalore office)


Reporting To: Senior Finance Manager (Reporting lines may change in line with any changes in the TRF Finance Team Structure going forward).


Position Overview: We are seeking a dedicated and experienced Business Unit Controller to join Thomson Reuters Foundation Finance Team in India. The Business Unit Controller will play a crucial role in ensuring accurate and timely payroll processing, recharging and business analysis. The successful candidate must demonstrate strong attention to detail, a thorough understanding of month end close processes, and the ability to effectively collaborate with teams.


About the Role:


Payroll Processing:


  • Manage the month-end payroll and recharge process, ensuring accurate and timely reporting.
  • Coordinate closely with People Team in Costa Rica to gather and validate payroll data for all Foundation staff.
  • Review payroll reports for accuracy and compliance with statutory regulations and company policies.
  • Address any payroll-related inquiries or discrepancies promptly and efficiently.
  • Ensure relevant month end reports are prepared to ensure accurate and timely reporting.
  • Prepare analysis as required on payroll and recharges.

Month-End Reporting:


  • Ensure accurate recording and reconciliation of payroll-related transactions in the general ledger and support the preparation and analysis of month end reporting.
  • Ensure accurate monthly payroll reconciliation and collaborate with the people team to address and resolve any discrepancies that may arise.
  • Contribute to staff cost variance commentary in the monthly management accounts
  • Support with general accounting reconciliations related to staff expenses and credit cards.

Audits


  • Assist in the preparation of financial statements and supporting schedules for internal and external reporting.


    • Conduct variance analysis and provide insights into financial performance to support decision-making processes.


    • Ensure all payroll-associated working files and documentation are prepared for the interim and end-of-year audits and donor audits from time to time.


    • Maintain accurate payroll records and documentation in compliance with internal policies and external audit requirements.


    • Reconciling Payroll Accounts: Performing reconciliations to ensure that payroll records match the company's financial statements and resolving any discrepancies


Reforecast


  • Updating Payroll Forecasts: Adjusting payroll forecasts to reflect any changes in employee headcount, salary adjustments, bonuses, and other compensation-related factors


  • Ensuring Compliance: Staying updated on changes in tax laws and regulations to ensure all payroll calculations reflect the most accurate forecast possible


  • Analysing Historical Payroll Data: Reviewing past payroll data to identify trends and patterns that can inform future projection


  • Preparing Reports: Generating detailed payroll reports for management, highlighting key metrics and any significant changes from previous forecasts


Automation:


  • Identify opportunities to streamline payroll processes, improve efficiency, and enhance controls to mitigate risks.


  • Contribute to ongoing automation and AI projects/initiatives for payroll and other general accounting areas


General Accounting:


  • Preparing and posting journal entries to the general ledger


  • Ensuring all entries are posted and assigned General Ledger accounts are reconciled


  • Analysing and assigned general ledger accounts to ensure accuracy and completeness


  • As requested, support strategic planning by providing insights and recommendations based on financial analysis including scenario and sensitivity analysis to forecast potential outcomes


About You:


  • Professional accountancy or finance qualification (CPA, CMA, CA/ICWA, MBA (Fin) or similar) preferred.


  • Experience in payroll processing, month-end close activities, and financial reporting.


  • Proficiency with SAP (or similar ERP) is a plus.


  • Excellent proficiency in MS Office, especially Excel and Power BI


  • Strong analytical skills with the ability to interpret financial data and provide insights.


  • Strong communication and interpersonal skills, with the ability to collaborate effectively across departments.


  • Detail-oriented with a high degree of accuracy and a commitment to meeting deadlines.


  • Experience handling confidential data with sensitivity ensuring


  • Proactive mindset with a willingness to take initiative and drive process improvements.


#LI-SS3


What’s in it For You 


At the Thomson Reuters Foundation, our people are our greatest assets. Here are some of the benefits we offer for your personal and professional growth: 


  • Global Perspective and Impact: Interested in working for a dynamic global organization with a focus on social impact? With hubs all over the world from Bangkok to Madrid to Rio de Janeiro, join a truly international team with a shared goal of helping to build societies around the world that are free, fair and informed. 


  • A Unique Approach: Our expertise in media and the law is world class; we combine the power of both to address the critical issues faced by humanity.  


  • Our Relevance: With a focus on advancing media freedom, fostering more inclusive economies and promoting human rights, our work has never been more needed than right now. 


  • Benefits: We offer competitive salary packages and market-leading benefits. 


  • Learning & Development: We are dedicated to the continual professional development of our employees and offer access to both in-house and external training opportunities. 


About Thomson Reuters Foundation 


The Thomson Reuters Foundation is corporate foundation of Thomson Reuters, the global news and information services company. As an independent charity, registered in the UK and the USA, we work to advance media freedom, foster more inclusive economies, and promote human rights. Through news, media development, free legal assistance and convening initiatives, we combine our unique media and legal services to drive systemic change. 



Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.


We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward. 


Accessibility 


As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.


We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.


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More information about Thomson Reuters can be found on https://thomsonreuters.com.


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