Job Details


Experience: 15-18 Years | Salary: Not Disclosed by Recruiter | Opening(s): 1 | Posted Date : 2017-12-06
Hiring For A Reputed Client of GlobalHunt
Job Description
  • 10+ year of professional experience with proven ability to direct and supervise a large team.

  • Prior finance shared service experience that focussed on performance measurements and with on/offshore presence is a plus

  • Proven knowledge of IFRS and other local GAAP accounting principles, practices, standards, laws and regulations

  • Experience of working in fast paced / Global finance department

  • High attention to detail and accuracy

  • Proven ability to drive continuous improvement agenda to improve quality and reduce costs

  • Provides thought leadership to shape future decisions

  • Focuses on creating value for the business

  • Adapts to changing objectives and priorities to deliver results

  • Clearly communicates the company missions and values

  • Self-disciplined with ability to work independently and under stress and pressure, target and result driven, energetic and driven with a real hands on approach to the job

Desired Profile
  • Manage a team of controllers and managers (approx. headcount 70) that:
  • Delivers the daily, monthly and end year close process to meet both group and external reporting deadlines
  • Contract administration to ensure 3rd party payments and reporting requirements are made timely and accurately; i.e. rents, commissions, rebates and joint venture
  • Responsible for the balance sheets for all entities under their remit and ensures all accounts are reconciled timely and in accordance with company policy
  • Completes the annual group and statutory audits per standards and agreed upon due dates
  • Develops and manages a robust process and control environment that ensures all key controls are completed in accordance with policies and on time
  • Manages the daily transactional reconciliations of cash and product movement and ensures aged items are actioned upon timely to minimize the risk of financial loss to the company
  • Measure and deliver activities against agreed upon service levels standards for both internal and external customers
  • Should have managed transitions of 30+ FTE in the past
  • Maintain a record of Finance activities and the split of responsibilities between business, shared services and RSA/other Finance teams, and recommend improvements to drive a streamlined and standardized roles / responsibilities to ensure clarity over across all teams
  • Ensure their team operates within an internal control and compliance framework and that sufficient controls are maintained to mitigate risk by:
  • Adhering to Group mandated accounting standards, policy and procedures
  • Creating, documenting and maintaining and following standardised processes
  • Ensure all processes operate in accordance with the internal control framework
  • Maintain close relationships with internal and external customer/stakeholder groups that ensure a responsiveness to their needs and escalation to resolution of performance problems
  • Lead, identify, participate in and support process improvement initiatives to drive efficiency, standardization and cost savings across the team.This includes assigning team members to ensure quality and timely delivery
  • Define the internal control environment and key controls, and ensure compliance with in team
  • Proactively come up recommendations to improve systems and procedures, and initiate corrective actions
  • Work on projects and/or assign projects and direct staff to ensure quality and timely delivery

Communication

  • Responsible for pro-active and regular communication with other areas of Finance and the business in relation to customer billing

  • Actively communicate and seek feedback from colleagues and customers

  • Communicate daily and weekly delivery performance levels to your team

  • Ensure feedback to line manager outlining general activities of role and ‘how we are doing’

Industries Type Accounting / Finance
Role AVP - Finance Operations and Reconciliations
Skills Assistant Vice President Finance Operations Reconciliations Financial Control Record To Report
Functional Area Accounts , Finance , Tax , Company Secretary , Audit
Education Qualified Chartered /Cost accountant, with a degree in accounting or business preferred
Location Mumbai
Keywords Assistant Vice President Finance Operations Reconciliations Financial Control Record To Report
Contact HR
Telephone 91-11-46547700
Email jobs@globalhunt.in
Reference id GH/BFSI/ AVP-Finance Operations and Reconciliations/ JC//30112017//72336