Financial Controller

Job Description: - Finance Controller

About the role:

Reporting into the CFO the role is responsible for managing and improving the organization’s governance and control across reporting, tax, treasury, and secretarial functions and overseeing accounting operations. The incumbent is expected to undertake all aspects of financial management, including corporate accounting, regulatory and financial reporting, tax operations & compliance, treasury, and cash management. The role is also responsible for developing and ensuring the efficacy of internal control policies and procedures. Finance controller responsibilities will include financial risk management and the role is key to strategic programs where an overall assessment of risks/benefits and its tradeoff is required.

The role also oversees transformation across people, systems, and process to bring efficiency and manage risks. This role faces of the three lines of defense, hence good understanding and articulation of Companies Act, Income Tax, GST, FEMA will be desirable.

Profile Required

Roles and Responsibilities:

Operations: -
• Manage all accounting operations including A/R, A/P, GL accounting, FAR accounting, and revenue recognition
• Maintain oversight over DFIN (P2P/AR) and advise them on policy
• Tax operations – TDS, GST, SEZ compliances
• Financial KPI, Publishing financial reports
• Manage audits and coordinate the audit completion( Statutory Audit)
• Monitor month-end, quarter end and year-end close processes.
• Treasury- Manage cash flow, cash repatriation and hedging
• Board governance
• Facilitate inputs for forecast & budget and ensure accuracy

Risk & Governance: -

This role faces off to the three lines of defense
• Ensuring robust and effective internal financial control across reporting, tax, treasury and secretarial
• Ensure quality control and segregation of duties over financial transactions and financial reporting through effective use of GPS, Morse, and other control frameworks
• Ensuring compliance across laws across Companies Act, Tax, Secretarial, FEMA
• Develop, document, and monitor business processes and accounting policies to maintain and strengthen internal controls.
• Research technical accounting & tax issues for compliance.

Strategy: -

This role plays a key role in assessing the financial viability and risk assessment of all strategic initiatives
• Provide subject matter expertise across Accounting Standard (local & global), Tax, Systems and Process
• Lead the execution of strategies and dove tail finance strategy in to the overall one
• Engage with external consultants and facilitate healthy challenge to further organizational objectives, and secure the organization against risks
• Assess emerging trends across regulatory landscape and propose risk mitigating, process refining measures

Transformation: -
• Drive the transformation agenda aligned to group
• Assess the risks of manual processes and drive their automation
• Suggest updates and improvements for accounting systems, including payroll and invoicing.

Stakeholders: -

Internal: - India EXCO, Business Lines ,HR , Technology, CREWS, DFIN, Group Reporting, Group Treasury, Group Secretariat, Group Tax

External: - Bankers, RBI, Statutory Auditors, Tax offices, SEZ, ROC, Advisors/Consultants

Skills: -

Technical:- Ind AS, IFRS , FEMA , Income tax Act, Companies Act 2013