Job Description
Overview Main Purpose Controls and Reporting is an important function which works very closely with Sector and India region Finance function to ensure timely and accurate submission of results, anchors audits(statutory, US GAAP, Corporate audit), leads the overall simplification agenda within controls team for India Region The incumbent plays a critical role within the control organisaton. The incumbent works with internal and external stakeholders including other Finance Operations, Commercial & Planning Teams, Internal audit team-SNB, External Statutory, Tax and US GAAP auditors ,Corporate auditors and IBM. Incumbent would ensure timely submission of monthly / quarterly Ind-AS compliant financials; improvement, standardisation and simplification of processes and closure of annual Statutory Audit & Tax Audits etc. Responsibilities Key Accountabilities Key deliverables for this role includes: Preparation & finalization of Annual Ind AS compliant Standalone & Consolidated financials along with Notes to Accounts Assist Region Controller in aspects of technical accounting & reporting aspects for India Accounting Work with sector for analysis & implementation of any new accounting guidance under US GAAP Review Intercompany activities- Reconciliations, payments, remittances and rejections Approve Intercompany cross charge invoices and entries Review and approve month end forex, branch and intercompany remittance related entries Review quarterly related party submissions to sector Review and approve inter company royalty workings and JVs Review and approve monthly HQ Blackline schedules Drive / Monitor: Drive development, implementation and maintenance of accounting policies Develop optimal accounting structure and procedures for Indian Accounts and minimize the OBEs at year end Improving the overall process for monthly / quarterly closure of Indian books while working with all the key stakeholders Liaison with respective departments (Marketing, HR etc) for collation of data and reporting out Reviews & Other Activities: Review the quarterly financials and COC of key schedules Ensure compliance of Ind AS, IFC & other statutory requirements Ownership of closure for issues raised in interactions with Statutory Auditors (Indian Accounting) Talent/People - Drive organization Health Survey Score Leverage Finance University to develop self Build capability by driving certifications & courses Cross functional collaboration and taking others with you Qualifications Key Skills/Experience Required Collaborating & Influencing Acting with Integrity Process mapping Planning experience
