EXC Managed Services - Finance Controller

EXC Managed Services

Job Title: Finance Controller

Job Category: Finance

Department/Group: Finance

Location: Gurgaon, Haryana, India

Travel Required: Yes

Position Type: Full time

Job Description:

COMPANY OVERVIEW:

EXC Managed Services is a premier operations platform exclusive to ElevenX Capital. EXC Managed Services is designed to drive value creation by providing a-la-carte managed services to ElevenX Capital portfolio companies.

ElevenX Capital portfolio companies realize cost savings through resource consolidation and enable them to focus on core competencies while delegating non-core functions to EXC Managed Services.

JOB OVERVIEW:

- We are seeking a highly skilled and motivated Finance Controller to join our team and lead the financial management functions across both regions. FC will play a crucial role in supporting the Head of Finance in streamlining the Finance Operation processes. This position involves leading the FinOps Team.

- The ideal candidate is detail-oriented, possesses strong analytical skills, and can communicate complex financial information to non-financial stakeholders effectively.

KEY RESPONSIBILITIES:

1. MONTHLY, QUARTERLY, AND ANNUAL REPORTING:

- Oversee the timely preparation and submission of monthly, quarterly, and annual financial reports for both Management and Statutory purposes.

- Ensure compliance with regulatory requirements and accounting standards in all reporting activities.

- Collaborate with internal stakeholders to provide meaningful insights and analysis derived from financial reports.

- Manage monthly close process and oversee accounting team including AP, AR, etc.

2. FINANCIAL REPORTING AND ANALYSIS:

- Prepare comprehensive financial reports, including income statements, balance sheets, and cash flow statements, ensuring accuracy and compliance with regulatory standards.

- Conduct detailed financial analysis to provide insights into investment performance, trends, and areas for improvement.

3. PROCESS IMPROVEMENT:

- Lead initiatives to assess, streamline, and improve current financial operations processes.

- Identify inefficiencies and bottlenecks in financial workflows and implement solutions for increased efficiency and effectiveness.

- Implement best practices to enhance the overall financial operations framework.

4. FINANCIAL PLANNING AND ANALYSIS (FP&A) SUPPORT:

- Work closely with the FP&A team to facilitate the budgeting and forecasting processes.

- Provide financial data and insights to support the development of accurate and realistic financial plans.

- Collaborate with FP&A Team to understand their financial needs and assist in the preparation of departmental budgets.

5. CROSS-BORDER FINANCIAL MANAGEMENT:

- Manage financial operations in both the United States and India, navigating the complexities of international accounting standards, taxation, and regulatory requirements.

- Coordinate with local finance teams to ensure uniform financial practices and reporting standards across regions.

6. AUDIT AND COMPLIANCE OVERSIGHT:

- Lead the annual audit process, collaborating with external auditors to ensure timely completion and compliance with regulatory standards.

- Monitor and enforce adherence to financial policies and procedures.

7. TEAM LEADERSHIP AND DEVELOPMENT:

- Supervise and mentor the finance team, fostering a culture of accountability, collaboration, and

professional growth.

- Conduct regular performance assessments and provide constructive feedback to enhance team capabilities.

8. RISK MANAGEMENT:

- Identify and assess financial risks associated with Financial Accounting, proposing risk mitigation strategies to safeguard the company's financial interests.

- Stay abreast of regulatory changes in the financial landscape and proactively implement compliance measures.

9. PEO RELATIONSHIP MANAGEMENT:

- Collaborate with the PEO to ensure seamless integration of HR and payroll functions, overseeing the accuracy of employee-related financial transactions.

- Work closely with the PEO to maintain compliance with employment laws and regulations in both the United States and India.

10. PAYROLL OVERSIGHT:

- Supervise the payroll process, ensuring accuracy and timeliness in collaboration with the PEO.

- Verify payroll-related taxes and deductions to guarantee compliance with local regulations.

11. EMPLOYEE BENEFITS ADMINISTRATION:

- Manage and optimize employee benefit programs in partnership with the PEO.

- Address employee inquiries related to benefits and coordinate with the PEO to resolve issues.

12. AD HOC PROJECTS, SYSTEM IMPLEMENTATION AND DATA MANAGEMENT:

- Ad-Hoc Analysis: Undertake special projects and ad-hoc analyses as required by senior management,
providing insights into specific financial or operational challenges.

- Data Integrity: Ensure data accuracy and consistency in financial models and reporting systems and

implement necessary controls to safeguard financial data integrity.

- Financial Systems: Assist in the implementation and improvement of financial systems, tools, and

technologies to enhance financial planning and analysis processes.

QUALIFICATIONS AND EDUCATION REQUIREMENTS

- Bachelors degree in finance, Accounting, Economics, or a related field. Masters degree or professional certification (CA, CFA, CPA) is a plus.

- Proven experience of 8+ Years in managing financial operations in both the United States and India. preferably in a corporate finance environment or a similar role.

- Strong leadership and interpersonal skills.

- Strong analytical skills and ability to interpret complex financial data, identify trends and provide

actionable insights.

- Proactive problem-solving attitude, constantly seeking ways to improve processes and deliver value to

the organization.

- Excellent communication and presentation skills, with the ability to explain financial concepts to nonfinance stakeholders.

- Detail-oriented, with a commitment to producing accurate and high-quality work.

- Strong organizational skills with the ability to handle multiple tasks and prioritize effectively in a fastpaced environment.

- Experience with financial systems and ERP software, such as QuickBooks, preferred.

ADDITIONAL NOTES:

- The Finance Controller will be an integral part of EXC finance team, contributing to the Streamlining the Finance processes and driving financial success across the organization.

- If you are a motivated individual with a passion for financial analysis and a drive to make a difference, we encourage you to apply and join our dynamic team.