Finance Controller

We are looking for an India Finance Controller with a TOP MNC Brand

Location - BKC, Mumbai

Role Overview:

India's Finance Controller is responsible for the Controllership, Governance, and Risk activities for all brand's operations in India and will report to Ais Pacific Regional Finance Controller, and be part of the Asia Pacific Finance Leadership team.

The person will work closely with the shared service centers that provide accounting support and coordinate internal control activities to the sub-region as well as other key finance leaders in FP&A, tax, and treasury. This role also will closely work with India Finance Director, interact significantly with the Corporate Controller team, Corporate Tax, and Corporate Treasury teams in Philadelphia, and will work with them directly in certain areas. It is critical the person is comfortable working in a matrix reporting environment and maintaining strong communication with all Asia financial organizations, as well as with the broader Controller's team in Philadelphia and Shared Service Centers is a must.

The position provides support to key business leaders (e.g. India President, and other business/function leaders) and staff groups including in areas such as geographic expansion and M&A activity. The India Finance Controller is expected to contribute strategic and thought leadership to the development of the brand and broader brand's Controllership and Finance teams, both regionally and globally.

Key Responsibilities

- 1. Lead India Controllership team and work closely with Global COEs/Shared Service Center (Cork/Manila) and various finance teams to manage accounting and finance activities for India legal entities, which includes oversight related to the record of business transactions, accounting analysis, review of journal entries, perform account reconciliation review, execute closing activities in a timely & accurate manner.

- 2. Ensure there are effective financial control, governance, and internal controls across the country, including controls over all accounting ledgers (according to US and local GAAP/IFRS), local statutory and regulatory reporting, direct and indirect tax compliance (partnering with COEs in this area), risk activities, and compliance with brand's Policies, Procedures and Practices. This includes continuously assessing and reviewing internal controls pertaining to the changes in the business/operational environment. When necessary, initiate changes to the business processes and control systems to ensure a strong control environment is maintained in the business.

- 3. Coordinate with Business Finance to provide legal entity forecast, work with the Global Transfer Price team to perform legal entity analysis, and closely monitoring legal entity results.

- 4. Design and implement informative financial reports to meet the needs of the business; Drive to continuously improve the accounting and reporting process, to drive more operational efficiency and higher effectiveness

- 5. Act as the primary liaison point for external and internal auditors for India. Responsible for local statutory and regulatory financial reporting as applicable e.g. statutory accounts, and tax authorities.

- 6. Work with the Global Direct Tax team and Indirect Tax team, to ensure timeliness of OTP submission, indirect tax filing, corporate tax filing, and all other applicable tax filings

- 7. Coach and nurture talents, lead and develop a high-performing organization that strives to deliver quality services to the business

- 8. Involve and participate in projects that are designated by Asia Regional Finance Controller or India President; provide needed support to India Finance Director and India Management Team, this includes but is not limited to supporting business geographic expansion, M&A activities, and another new business modeling.

- 9. Roles and responsibilities shall be subject to changes/expansion along with the business demand changes

Critical Leadership Capabilities

- Strategic Thinking

1. Adopts a long-term perspective about the business (geographic/customer segments and the external environment). Develops hypotheses or alternative scenarios of how critical issues will play out beyond the year and uses these to set challenging goals with a future payoff or outcomes.

2. Translates business goals into well-defined performance plans for each organization and communicates links between current activities and goals.

3. Thinks beyond annual goals.

- Leadership, Collaborating, and Influencing

1. Strong leadership capabilities and the bandwidth to cover large and complex countries.

2. Invites and uses the opinions and perspectives of others, across the brand's network. Strong stakeholder management and cultural sensitivity.

3. Engages people in a dialogue to gain commitment and bring them "on board", linking their perspective to the intent. Strong engagement at the business leadership level

4. Adapts own approach to the audience, anticipating the impact of words and actions, preparing for possible resistance, and responding in an appropriate style, using a range of influencing styles.

5. Resolves conflicts by discussing individual issues with each person/company.

6. Checks with both sides of a discussion to ensure a common understanding.

7. Takes initiative to maintain contacts across the group.

8. Unquestioned integrity and values that the organization can trust without reservation

- Driving Results

o Works to achieve the brand's goals while overcoming obstacles and/or planning for contingencies.

o Shows strong passion or a strong sense of urgency about reaching targets.

o Checks work of self and others against required quality standards and ambitions.

o Reviews performance and progress on a regular basis to ensure all businesses are achieving results.

o Tests to see if goals are sufficiently challenging and implement corrective action to fix missed performance goals.

Ideal Experience:

1. Charted Accountant with 15+ years of managerial experience in Finance and Accounting.

2. Experience in multinational companies and in a matrix organization. Chemical Industry background and S4 Hana /SAP knowledge are preferred.

3. Solid technical accounting and tax experience, internal control background

4. Good knowledge of USGAAP and India GAAP, and strong GST in-house experience are preferred. Understanding of how that translates in a practical way to ensure strong internal controls across the country.

Other Personal Characteristics

a. Fluency in spoken and written English communication skills.

b. Strong organizational skills, attention to detail, and ability to prioritize, and meet deadlines.

c. Ability to multi-task in a fast-paced environment with fluctuating priorities and deadlines.

d. Ability to work without direct supervision, and efficiently manage tasks and time.

e. Strong interpersonal skills, and ability to communicate and manage well at all levels of the organization.

f. Strong problem-solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.

g. High level of integrity and dependability with a strong sense of urgency and results orientation.