Process Lead/Assistant Manager- Financial Control

Job Description

Title                 Assistant Manager, Financial Control

Department      Finance

Location          Gurgaon, India

Reports To       Manager, Finance

Level                4

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our [insert name of team/ business area] team and feel like you’re part of something bigger.

About your team

Finance Services in India supports Financial Services, Group and some parts of Canada businesses. The financial control team consists of approximately 25 team members, the majority of which are qualified accountants based in the UK, India, Ireland, CE & Bermuda. The team is responsible for month-end closing, board reporting, CFO reporting and regulatory reporting globally. The team is also responsible for providing management information, monitoring risks & controls, ensuring compliance with the financial regulations of the local regulators, etc.

About your role
This role is an excellent opportunity to gain a broad understanding of capital & liquidity reporting function for all the regions along with regulatory requirements as applicable to different regions. The purpose of this role is to support the Capital control reporting & Bermuda based Shareholder Services team from India in ensuring smooth functioning of the processes in an effective and efficient manner. The candidate will be a valued member of the extended Bermuda Finance team and will work closely with members of Finance and Shareholder Services team in Bermuda. The candidate will develop strong relationships to meet accounting and reporting requirements and will develop a strong working knowledge of the high profile Capital reporting & shareholder processes

About you

The primary duties and responsibilities of this position are as follows:

Capital Control

• Preparation of Bermuda Monetary Authority (BMA) Pillar 1 return as per Basel rules II on a monthly basis
• Preparation & collation of data for Cash & Capital templates required for quarterly challenge calls with regional controllers
• Maintaining Capital Change Request Tracker and facilitating the requests for final approval
• Bi-annual preparation of Pillar 2 & Pillar 3 data basis BMA return and additional supports
• Preparation of ALCO deck along with commentary of changes quarter on quarter

Shareholder Services

• Maintaining cash tracking of share offers and status reporting to Shareholder Services and HR
• Provision of financial reporting to the financial controllers

• Assisting in processing and review of shareholder transactions and payments, ensuring accuracy and consistency with legal requirements
• Maintenance of control schedules for redemption transactions

Reporting

• Preparation and review of standard reporting packages for Treasury, Eight Roads and FIL management and company secretarial teams, including audit support and Financial Statement note disclosure
• Preparation of CRS tax reporting
• Supporting ad hoc data and analysis requests

Skills, Experience and Qualifications Required

Technical

• A qualified chartered accountant with 4 to 5 years of working experience.
• Advanced Microsoft Excel and data analytic skills
• Knowledge of CFP would be an added advantage.
• Knowledge of PowerBI and Alteryx is essential.

Essential Skills

• Strong analytical skills, experience of financial control & regulatory returns would be an advantage.
• Shows attention to detail, intellectual curiosity and an appetite to investigate and resolve issues when they arise.
• Strong verbal and written communication skills.
• Ability to complete multiple tasks against tight deadlines, able to prioritise and organise effectively.
• Ability to embrace change and adapt quickly.
• Experience of working in an extended (offshore-onshore) global team model would be preferred.

Feel rewarded

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.