Job Description
Specific Responsibilities:
Overseeing the preparation of timely, relevant and value additive information on entities and presenting this to senior management, both local and functional, including:
- Review of statutory financial statements
- Review of management accounts and variance analysis
- Validation of US Federal Reserve entity level reporting
- Oversight of monthly reconciliation of accounts and balances
- Co-ordination of all legal entity activity, with key internal experts such as Tax, Treasury, Company Secretarial, Legal and Compliance, Product Controllers, etc.
- Implementation of various monthly, quarterly & annual processes for the entities managed by the Team.
- Management and development of staff within the Mumbai team.
- Responsible for maintaining key stakeholder relationships both internally and externally including external auditors and regional service providers.
The role will also require participation in the development of the LEC function in Mumbai, involving:
- Re-engineering and standardization of processes to achieve best possible results.
- Supporting the Business Units in the setup, opening & closing of entities and adapting the entity’s ledgers and system requirements.
- Ongoing entity-specific initiatives and projects
- Contributing to the reporting control framework, ensuring compliance to client requirements and internal policies
Skills required:
- A successful candidate should be able to demonstrate a rounded commercial approach to legal entity controllership and analysis, with proven skills in insightful management reporting, analysis and sound technical accounting skills
- Be confident in maintaining relationships across a variety of senior stakeholders and business areas.
- Ability to manage team work load effectively and balance project, BAU delivery.
- Have the flexibility required to work in a dynamic environment under tight deadlines.
Work Motivation:
- Keen and motivated to work hard and achieve targets.
- Shows a willingness to learn from others and increases own knowledge base.
- Takes responsibility for own tasks and proactively looks for opportunities to increase responsibility.
Problem Solving & Judgment:
- Shows the ability to identify and analyse the situation through gathering relevant information to understand the root cause.
- Determines the potential impact and implications of issues and takes appropriate action to avoid future recurrences.
- Knows when it is appropriate to resolve matters and offer solutions themselves and when it is critical to escalate to others.
Communicating Effectively:
- Able to explain issues and ideas succinctly, using appropriate mediums and language, to ensure others understand.
- Always ensures that the relevant people are kept informed.
Building & Maintaining Relationships:
- Awareness of other people and environment and own impact on these.
- Responds appropriately to others to build and maintain an effective network of contacts.
- Goes extra mile to ensure information requests are addressed to highest possible standard.
Commitment to Excellence:
- Consistently shows concern for all areas no matter how small.
- Ensures tasks are always completed accurately, without exception.
- Checks, verifies and reconciles information to ensure no mistakes are made and work is completed to the highest possible standard.
Planning & Organizing:
- Able to quickly and accurately establish priorities.
- Plans own and others’ time to meet tight deadlines and is flexible when priorities change.
- Candidates for the role should hold an Accounting /Finance degree or equivalent and have an understanding of the financial statements.
- Candidates should possess excellent Microsoft Excel skills and be proficient in data mining and summarizing and presenting themes and results in a meaningful format.
- Knowledge of financial products which are used in the financial services industry, such as financial products, and an awareness of the issues would be preferred.
1.Years of exp – 3 to 8 years
2.Contract duration – 1 year
3.Shift timing – 11.30am to 8.30pm
4.Location- Mumbai
5.Must have skillset – CA with Financial Accounting/Reporting experience
6.Good to have skillset – LEC accounting, automation