Job Description

Maintain general accounting systems, policies, and procedures to ensure that proper information is reported in accordance with Generally Accepted Accounting Principles.

Role: 

Senior Assistant Financial controller is responsible for Financial accounting, statutory audit, Internal audits, Management reporting and responsible for compliance of the legal entity. The Senior Assistant Financial controller will support the Financial controller by independently taking judgment and recommending actions while managing USGAAP closure, Statutory accounts, Financial reporting, risk reporting, regulatory compliance of the legal entity that they manage. They will support Financial Controller in carrying out the Fiduciary responsibility for compliance and protecting the interest of the legal entity. Ability to work in a matrix organization and drive the requirement.

Key Responsibility Areas

Maintenance of Books of accounts - (US GAAP / Local GAAP)

1. Adhere to corporate deadlines for submission & reporting
2. Adherence to monthly close calendar published by corporate
3. Timely review of financials and reporting
4. Quarterly reporting

1. Review of income statement (Opex)
2. Review of balance sheet
3. Representation letter signoff
4. Reporting’s related to 10K, 10Q and other SEC reporting purpose
5. Balance sheet reconciliation review on a monthly basis and timely clean and reporting on any P&L Exposure.

1. Ensure the books of accounts are correct

1. Analyze the accounts for reasonableness
2. Review with Regional controller and Lines of Business
3. Ensure critical issues are addressed and remedial action taken. Address the go forward process.
4. Compliance with Oracle policies

1. Implement policy/process changes and Pro-actively communicate process exceptions & bottlenecks to Senior Management / Stakeholders, as required

1. Entity Compliance

1. Monthly review of the financial position of the legal entities assigned including the operating cash flows and liaising with Treasury / Tax on the intercompany settlements. 
2. Ensure all the compliances are take care including managed by other LOB’s.
3. Ensure any new compliance requirement are take care.
4. Controller would be overall responsible for the entity.

Coordination & complying with all audit requirements

1. Internal Audit
2. SOX
3. USGAAP Audit
4. Statutory Audit
5. Tax Audit
   1. Conducting periodic review calls with all stakeholders

Ensure that the audit per the Local GAAP is completed on time and filed with relevant authorities

1. Ensuring all requirements from Auditors & Tax Consultants are met
2. Ensure the final audit & statute timelines are met.
3. Maintenance of Key accounting matters
4. Preparation of financial statements and notes to accounts including variance analysis with detailed explanations 
5. Preparation of Board pack covering financial highlights 
6. Maintaining a clear trail of all STAT adjustment entries and STAT schedules.
7. Preparing reconciliation between US GAAP and local GAAP and initiate necessary steps to bridge the balances as required.
8. Maintain the country exceptions document up to date by reviewing the current process vis-à-vis the changes, if any, driven by local regulatory requirements