Senior Manager - Accounts & Finance - Global Business Services - CA

Job Title :Sr.Manager Accounts & Finance

Department : Global Business Services (GBS)

Location : Gurgaon, India

Responsible for establishing and maintaining a robust control environment and for internal and external financial reporting, while delivering strategic and business decision support to IT, R&D and Global Business Services (GBS) in India. Acts as the primary business partner to the AMEA GBS Site Leader and will have no responsibility for the commercial organization.

GLOBAL BUSINESS SERVICES:

The Global Business Services (GBS) team is an organization established within company Scientific designed to reduce cost, provide value through reporting and improve the efficiency of key business processes by taking opportunities to drive standardization, leverage resources and knowledge and skills, and monitor the effectiveness of service delivery against benchmarks and service level agreements.

The vision of GBS at company Scientific is to be recognized as a world-class Global Business Services organization driven by the desire for excellence in its people, processes, execution and partnerships with internal customers.

GBS is designed to deliver significant business benefits to employees and customers of company Scientific and is championing the development of a continuous improvement culture. We are developing a performance-based culture supported by tools, training, and well-defined accountability, where people can build their career or prepare for a role in the wider business or elsewhere within GBS.

We seek individuals who can enhance our team with their knowledge, skills, creativity and teamwork.

Key Responsibilities

- Company Secretary - Services Legal Entity: Responsible for all aspects of compliance and secretarial duties

- General Accounting: Oversees financial and accounting processes to ensure compliance with Corporate and local policies, statutory requirements and Generally Accepted Accounting Principles/Standards and ethical standards with unyielding integrity; Serves as the primary contact with independent auditors and audit-related accounting matters; Manages administration of accounts receivable, accounts payable, inventory control accounting, payroll, and local tax payments; Oversees month end close process to ensure timely close and financial reports preparation.

- Financial Planning, Reporting and Analysis: Develops and maintains planning and budgeting processes and systems; Prepares financial reports meeting Corporate and Regional financial reporting requirements on a timely basis; Analyzes, interprets and reports operating results to local management and makes specific recommendations to achieve cost effectiveness and profit improvements; Provides sales reporting and analyses; drives improvement in sales forecasting process; Anticipates management needs and develop analyses in response to those needs and in support of management decisions.

- Taxation: Payment and calculation of all local taxes; Maintains of all substantiation records for tax; Assesses and makes provision for tax payable; Liaises with Corporate Tax on transfer pricing issues; Liaises with Ernst & Young (external) to ensure audit compliance.

- Controls: Develops local and implements Global accounting policies, procedures and internal controls in support with business processes and decisions; Ensures all activities comply with relevant Acts, legal demands, ethical standards and the internal Quality Management System.

- Treasury: Oversees operational cash management and cash flow forecasting; Handles bank administration, funds transfers and foreign exchange dealings under the direction of Corporate Treasury.

- Balance Sheet and Assets Management: Works with operating personnel to achieve effective balance sheet and assets management; Develops and maintains credit and collection policies, procedures and processes for effective AR management; Participates in development and carrying-out of inventory control procedures, including physical stock-take, audit and control of both warehouse and hospital consignment inventory; Accounts for and maintains proper inventory reserves for Excess, Expired and Obsolete Inventory; Directs and co-ordinates effective cash management and cash forecasting to ensure smooth cash flows for business operations while maintaining a minimum idle cash balance; Maintains asset register to well keep track on and safeguard company assets.

- Implements and drives process improvements.

- Participates in cross-functional teams addressing alternate business practices.

- Identify key financial issues; report, interpret and translate them into terms meaningful to business partners and functional managers.

- Anticipates financial needs of business partners; proactively develops financial solutions to those requirements.

- Recruit, retain and develop finance staff.

- Information Technology Management (if applicable in country).

- Quality: Provides input to the Quality committee in finance specific local issues, with the purpose of wither finding a solution form other countries- experiences or providing advice on potential barriers for other countries and local regulations; Drives compliance in all finance related matters (CA&C, SOX, Statutory, monthly Closing); Participates in implementing Quality requirements in all aspects of the Finance Process; Participates in driving quality awareness in every employee, while guiding the local organization towards improved performance and customer oriented initiatives; Co-ensures that employees are notified of all mandatory training and quality obligations with HR Managers - Tracks completion of mandatory training.

Quality System Requirements

In all actions, demonstrates a primary commitment to patient safety and product quality by maintaining compliance to the Quality Policy and all other documented quality processes and procedures.

For those individuals that supervise others, the following statements are applicable:

- Assures that appropriate resources (personnel, tools, etc.) are maintained in order to assure Quality System compliance and adherence to the company Quality Policy.

- Establishes and promotes a work environment that supports the Quality Policy and Quality System.

Management Requirements

- May lead a group or team of 5 to 7 employees in the achievement of organizational goals. Guide, coach, direct, and develop direct reports, and if applicable, drive those practices throughout their organization.

- Foster a diverse workplace that enables all participants to contribute to their full potential in pursuit of organizational objectives.

- May direct and control the activities and budget of one or more functional areas, divisions, product groups, projects/programs and/or operations.

- Monitor and ensure compliance with company policies and procedures (e.g. federal/country and regulatory requirements).

Job Scope and Leveling Guidelines

Scope

Applicant qualifications (10-12 years post qualification experience):

- CA - with Big 4 experience

- Industry Experience - MNC exposure in Matrix Organization Structure in the Core Finance Team

- Active member with the Institute of Company Secretaries of India

Accomplishes results through professional specialist employees or subordinate managers and supervisors who exercise significant latitude and independence in their assignments. Provides direction and monitors progress toward departmental goals; monitors costs of projects and of human and material resources within a department or unit; monitors company-wide indicators such as market share and profitability; monitors external environment in area of technical or professional responsibility. Subject to approval, modifies the organizational structure of centralized functions and units. Often responsible for managing a staff function of the company.

Supervision Received

Works under consultative direction toward predetermined long-range goals and objectives. Assignments are often self-initiated. Determines and pursues courses of action necessary to obtain desired results. Work is reviewed by senior management in terms of meeting the organization's objectives and schedules.

Supervision Provided

Provides direction and guidance to professional specialist employees or subordinate managers and supervisors. Provides guidance to subordinates within the latitude of established company policies. Manages, perhaps through subordinate supervisors, the coordination of the activities of a section or department with responsibility for results, including costs, methods, and staffing. Evaluates performance of and assists in career development planning for subordinates.

Job Complexity

This is a start up environment which requires hands on approach and development of processes, working with cross functional teams. Works on issues of large and diverse scope where analysis of situations or data requires expert knowledge of area of expertise and in-depth understanding of organizational objectives. Implements strategic policies when selecting methods, techniques, and evaluation criteria for obtaining results. Establishes and assures adherence to budgets, schedules, work plans and performance requirements. In some instances, this manager may be responsible for managing a staff function and may not have subordinate managers.

Policy Involvement

Establishes operating policies and procedures that affect immediate subordinate organizational units and may have company-wide effect. Interprets, executes, and recommends modifications to organizational policies. Develops and/or identifies new work processes and the improved utilization of human and material resources within the assigned or related functions or groups.

Operations Involvement/Direct Work Involvement

Functions as an advisor to subordinates supervisors or staff members to meet schedules or resolve technical or operational problems. Develops and administers budgets, schedules, and performance standards. Investigates and solves problems that impact work processes and personnel within or across units or departments.

Project Involvement

Responsible for all projects assigned to the organizational unit. Defines projects based on identified strategies and goals. Manages projects of moderate to large scope including schedules, costs and resources. May lead or participate in cross-functional teams.

Planning and Organization

Creates mid- to long-range plans to carry out objectives established by top management. Develops and calculates a budget for a department or group to meet organizational goals; forecasts future departmental needs including human and material resources and capital expenditures; recommends or modifies the structure of organizational units or a centralized functional activity subject to senior management approval.

Impact

Assignments are expressed in the form of objectives; makes decisions regarding work processes or operational plans and schedules in order to achieve the program objectives established by senior management. Exerts influence in the development of overall strategy, objectives and long-range goals of the organization. Erroneous decisions or recommendations would normally result in critical delays and modifications to projects or operations; cause substantial expenditure of additional time, human resources, and funds; and may jeopardize future business activity.

Influence and Leadership

Develops and communicates a vision for the organizational unit assigned. Builds consensus for operating goals that are in alignment with the division. Provides leadership to assigned staff and supervisors by communicating and providing guidance towards achieving department objectives.

Liaison

Frequently interacts with subordinate supervisors, equivalent level managers, and/or customers, normally involving matters between functional areas, other company divisions or units or customers and the company. Conducts briefings and technical meetings for internal and external representatives concerning operational decisions, scheduling requirements, or contractual clarifications.

The above statements are intended to describe the general nature and level of work being performed

by people assigned to this classification. They are not intended to be construed as an exhaustive list

of all responsibilities, duties and skills required of personnel so classified.

Please contact your local EH&S department for more information on physical requirements.

GBS Director - AMEA (India Based) NA