Urgent Opportunity for a US based MNC in Mumbai for a Corporate Controller role.

Company Information

Company is a US Based MNC, the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. With an annual revenue rate of more than $9 billion

Job Title - Corporate Controller

Reports To - Director, Finance

Group/Division - Shared Services

Location - Mumbai

Band - IV

Track - Mgmt

No of Reportees - 5

Position: Corporate Controller

General Accounting:

- Ensure Compliance with the Group Worldwide Accounting Policies & Procedures & requirements of India GAAP.

- Work on a Plan for convergence with IFRS

- Overall Accountability for timely and accurate Financial Reporting to Group Headquarters

- Resolve issues & respond timely to queries on reported Financials

- Turnaround non-routine/Adhoc information request in a timely manner

- Responsible for driving General Ledger Control with a view to ensure that:

- Assets and Liabilities represent a true & fair view of the Financial Position of the company (and are backed up by external evidence) with Balance Sheet Account Reconciliations being performed on a periodic basis

- The Income Statement represents the true and fair position of the affairs of the company.

- Perform detailed Balance Sheet Account & Income Statement account reviews

- Responsible for managing time bound program for completion of various Audits like:

- Statutory Audits for all the Group Legal Entities (managed by Shared Services) under the Companies Act, 1956

- Internal Audit as required under the Companies Act, 1956 for all the Group Legal Entities (managed by Shared Services)

- Coordinate for the timely completion of the Tax Audit under the Income Tax Act, 1961 (with the Auditors & Taxation Manager)

- Be a provider of Company related Financial Information for External agencies (if needed) like ROC, NSS, RBI etc.

- Control the Shared Services Budget

- Ensure Compliance with SOX requirements from an Accounting & Controls perspective

- Any other responsibilities as part of the Shared Services Finance Function

Taxation:

- Responsible for Compliances under various statutes both from a Direct Taxes & Indirect Taxes perspective

- Timely Filing of periodic returns required under various Tax Laws

- Ensuring that withholding taxes are deducted at the correct rates and deposited with the Government (Treasury) on time

- Maintain a Tax Compliances Checklist (which would amongst other things include a list of all applicable taxes, duties, levies like Octroi & cess etc.) and provide quarterly updates to the Management

- Ensure Compliance from Transfer Pricing perspective.

- Carry out the Transfer Pricing study for all the Group Companies in India

- Manage all the requirements attached to imports from related parties through SVB up until Final assessment

- Responsible for timely completion of Audits under various Tax Laws

- Work towards systematically closing long pending Tax Assessment cases and appeals with the Tax departments

- Identify & account for all Tax related risks in the Company Financials

- Advice the Management on how to minimize Tax exposure for the Group operations in India

- Including avoidance of leakage arising out of taxes on Inter-Company Transactions in India

- Advice the businesses on how to structure complex business transactions in a most tax efficient manner

- Timely & Accurate completion of Periodic Group Tax Reporting requirements

Lead & Manage a of 5 members

Qualifications & Experience:

- Commerce or a Management Undergraduate

- Less than or equal to 35 years of age

- Chartered Accountant in first attempt (preferably a rank holder) with 8-12 years of post qualification experience

- Additional qualifications like Cost & Management Accountant and CS would be preferred

- Excellent Oral & Written Communication Skills

- Should have worked in Large & Complex set-up either in a MNC or a reputed Indian Company

- Well-versed with India & US GAAP and IFRS

- Candidates with working experience overseas in a multi-cultural environment would be preferred

- Well-versed with Indian Taxation Laws

Please send your resume to vikrant@tracersindia.com

Vikrant
Tracers India Search Pvt Ltd
348-349 Powai Plaza, Hiranandani Business Park
Powai, Mumbai 400 076
www.tracersindia.com