AVP - EMEA LEC - Financial Reporting - US GAAP - BFSI

AVP - EMEA LEC (Financial reporting - US GAAP)

Financial Control team is setup as an extension of the Financial and Regulatory Reporting team across regions and provides Analytical and Quantitative support to the onshore team. Some of the key focus areas for the team include Preparation of Financial Statements under local and US GAAP; Regulatory Reporting and Group Consolidation.

Division : Finance Global Support

Function : Financial Control

Qualification : CA / CPA

Experience : C.A / CPA: 7 plus years of Post qualification in Audit / Financial Services / Banking or other Industry.

Role & Responsibilities of the position in brief :

- Responsible for stabilizing and consolidating migrations, improving processes, and significantly delivering process efficiencies / review model.

- Lead a team and responsible for key broker / dealer entity controllership function

- Liaising with the entity Controllers and Consolidation group. Includes having an understanding of financial reporting and consolidation process.

- Needs to understand the Business and Structure of the Legal Entities assigned.

- Production of the monthly and year-end US GAAP Financial Statements. This includes P&L, BS, Off BS reporting, various schedules & disclosures as per the Regulatory requirement. Ensuring Financial statements are complete, accurate, prepared in a timely manner, and are in accordance with GAAP on a legal entity and a consolidated basis.

- Promotes continuous improvement and innovation in others and ensures the best ideas get translated into action

- Implements quality assurance practices to ensure accuracy, quality and timeliness of team output

- Provides guidance and support for others on how to exceed stakeholders expectations

- Drives and develop productivity improvement initiatives

- Accountable for team compliance with the financial control framework

- Identifies and drives improvements in the implementation of the financial control framework across areas of responsibility

- Accountable for addressing control weaknesses to reduce the potential for operational incidents

- Ensure proper training of the team members and provide direction wherever required. Focus on execution

- Ownership of key controls supporting the General Ledger and other reporting applications including managing the SOX compliance.

Key Skills :

- Knowledge of US GAAP / IFRS

- Team management skills.

- Strong ability to communicate (oral and written) in English with all regions.

- Self starter, problem solver and ability to work with minimal supervision.

- Strong analytical skills

- Strong organizational and summarization skills

- Excel system skills and ability to learn Finance specific systems

- Must be able to work well and complete tasks under tight deadlines

- Identifies and pursues innovative business initiatives that provide a material contribution

- Builds and commercially leverages sustainable networks across their Group and in dealings with regional controllers

- Accountable for team engagement and satisfaction

- Responsible for team (individual) career development and talent management

- Responsible for team technical guidance and direction