AVP - Legal Entity Controller - BFSI

Looking for an AVP-Legal Entity Controller for an Investment banking firm for Mumbai location....Candidates from investment banking domain.

JOB DESCRIPTION

Role & Responsibilities of the Position in Brief:

- Responsible for stabilizing and consolidating migrations, improving processes, and significantly delivering process efficiencies / review model.

- Lead a team responsible for key broker / dealer entity controllership function in Powai

- Liaising with the entity Controllers and Consolidation group. Includes having an understanding of financial reporting and consolidation process.

- Needs to understand the Business and Structure of the Legal Entities assigned.

- Production of the monthly and year-end US GAAP Financial Statements. This includes P&L, BS, Off BS reporting, various schedules & disclosures as per the Regulatory requirement. Ensuring Financial statements are complete, accurate, prepared in a timely manner, and are in accordance with GAAP on a legal entity and a consolidated basis.

- Promotes continuous improvement and innovation in others and ensures the best ideas get translated into action

- Implements quality assurance practices to ensure accuracy, quality and timeliness of team output

- Provides guidance and support for others on how to exceed stakeholders expectations

- Drives and develop productivity improvement initiatives

- Accountable for team compliance with the financial control framework

- Identifies and drives improvements in the implementation of the financial control framework across areas of responsibility

- Accountable for addressing control weaknesses to reduce the potential for operational incidents

- Ensure proper training of the team members and provide direction wherever required. Focus on execution

- Ownership of key controls supporting the General Ledger and other reporting applications including managing the SOX compliance.

Position Specification:

Desired Experience (in years): 7+ years

Qualifications:

Essential - Chartered Accountant

Desirable - Knowledge of US GAAP / IFRS

Additional Information:

Experience Required:

Manager / AVP: C.A / CPA 7 + years of Post qualification in Audit / Financial Services / Banking or other Industry.

Other Requirements:

- Team management skills.

- Strong ability to communicate in English with all Regions.

- Self starter, problem solver and ability to work with minimal supervision.

- Strong analytical skills

- Strong organizational and summarization skills

- Excel system skills and ability to learn Finance specific systems

- Must be able to work well and complete tasks under tight deadlines

- Identifies and pursues innovative business initiatives that provide a material contribution

- Builds and commercially leverages sustainable networks across their Group and in dealings with regional controllers

- Accountable for team engagement and satisfaction

- Responsible for team (individual) career development and talent management

- Responsible for team technical guidance and direction

Other Requirements:

- Strong ability to communicate in English with all Regions.

- Self starter, problem solver and ability to work with minimal supervision.

- Strong analytical skills

- Strong organizational and summarization skills

- Excel system skills and ability to learn Nomura specific systems

- Must be able to work well and complete tasks under tight deadline