SBICAP Securities - AVP - Controllership

About Us:

SBICPSL is a 40:60 Joint Venture between GE Capital Corporation, USA and State Bank of India. SBICPSL is engaged in the Business of issuing credit cards.

Role Summary/Purpose:

- Assistant Finance Controller will be responsible for the Controllership Operations, AR & Revenue, Fixed Assets Accounting, Closing & Reporting, Audits, Regulatory Compliance etc.

- He will be leading the team of 6 members and closely working with Finance Controller to achieve controllership objectives.

Essential Responsibilities:

- Ensure maintenance of Books as per IGAAP, USGAAP and NBFC Prudential Norms issued by RBI,

- Ensure timely and accurate monthly closing for IGAAP & USGAAP books

- Ensure timely and accurate reporting to RBI, JV parents and management,

- Prepare regular Balance Sheet Analysis & other dashboard and present/circulate the same to management on regular basis.

- Ensure timely and clean audits by Statutory, RBI, Comptroller and Auditor General of India (CAG) and Internal Auditors,

- Closely work with other teams in Controllership (e.g. treasury, eFinance, AP etc.), Tax & other Business functions on Simplification & Automation projects to ensure that the financial implications are being addressed the best possible way,

- Lead the team responsible for Closing & Reporting, AR Operations and FA Accounting. Engage with people – to ensure high retention levels through performance management, learning & development and career paths. Motivate the team to achieve goals within the agreed timelines,

- Take new initiatives for Simplification & Automation of processes and execute new ideas to strengthen Controllership,

- Regular review and update of Standard Operating Procedures (SOPs) for all the controllership processes,

- Assist Controller and CFOs for the JV on various controllership issues, initiatives and adhoc requirements,

Qualifications/Requirements:

- CA with 9-10 years' experience in Controllership Processes, particularly in Closing & Reporting, AR Operations & Audits in ERP environment, in large company or Multinational Companies.

- Experience of US GAAP, Indian GAAP and Regulatory requirements (NBFC / NHB Norms),

- Experience of managing a team and ability to work effectively with cross functional teams and within prescribed time constraints,

- High process orientation with intense desire to ensure no process lapses/gaps.

- Proactive to avoid any surprises either by eliminating the same in time or reporting/escalating the same to all the concerned stakeholders,

Desired Characteristics:

- Experience of Oracle ERP and other integrated Systems/Subsystems with strong influencing skills and project management skills,

- Self-starter, keen learner, team worker, innovative and problem-solver,

- Experience of working with Regulators/Government Authorities e.g. RBI, NHB, CAG etc.