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22/04 Kapil Marwaha
Proprietor at Munsar Services

Views:689 Applications:216 Rec. Actions:Recruiter Actions:57

AVP - Finance Control - Manufacturing - CA (20-25 yrs)

Hyderabad Job Code: 917370

The controller position is accountable for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles

The role should oversee the shared services organisation and drive transition of AR module, R&R module and accelerate intelligent transaction related automations enabling the operational efficiencies and cost optimisation.

- This Position involves interactions with the CFO, Business finance, statutory auditors and other external stake holders

1. Strategic :

- Ensure Accounting is Best in class

- Ensure accuracy and timely reporting of company financials in compliance with the Accounting Standards & regulatory requirements. Ensure clean Audit report.

- Ensure Strong IFC controls through System levels and ITGC

- Ensure efficient Implementation and Monitoring of Internal Controls of the company spanning across all businesses and locations.

- Support the CFO on working through Enterprise Risk Management and Entity level controls for the company.

- Business Process consolidation across the SBU

- Accelerate shared services, focusing across various modules like OTC, R2R

- Adoption of latest technology like using intelligent automation tools such as chat bots, workflow, portals and RPA tools.

- Drive the expansion of self-service functionality in order to improve internal customer experience and reduce manual processes and standarise across SBUs on the Business processes in SSC

- Formulate Corporate function budgets and operate within the budgets

- Ensure quality, analytics and speed in strategic plans

- Ensure accurate and timely reporting of financial matters.

- Closely work with the accounting team on compliance to accounting standards and guidelines.

2. Operational :

- Ensure timely and accurate book keeping, financial closure on monthly/quarterly/annual basis and coordinate the preparation of financial statements, financial reports and audits.

- Ensure the hygiene of accounts, clean balance sheet on an ongoing basis.

- Ensure accurate accounting of CSR activities

- Review and highlight gaps in the corporate costs and appropriate actions for cost control

- Institute and maintain proper accounting control over asset acquisition and disposal, cash and bank accounts, payables, receivables and payroll accounting and safeguard against misappropriation of company assets.

- Understand the various marketing schemes and provide inputs to strengthen the effectiveness and controls in scheme management.

- Partner with IT in establishing system-based controls and continuous improvements in monitoring and reporting systems.

- Support entity level control checks and work through cross functional teams on required remedial actions

- Monitor & Track IFC Controls and ensure gaps are fixed.

- Lead preparation and implementation of financial policies and procedures ensure compliance to same.

- Maintain strong professional relationship with statutory & internal auditors and proactively partner on accounts closing, reporting and internal audit matters.

- Support in Audit Committee and Board Meetings.

- Develop, modify and maintain the operational and design effectiveness of internal controls within the shared service group for error free processing

- Continuously focus on process simplification, automation, waste elimination and higher level of customer satisfaction.

3. Financial :

- Monitor and report on Fixed costs of Corporate

- Ensure accurate and timely reporting of financial matters.

- Closely work with the accounting team on compliance to accounting standards and guidelines.

Desired Candidate Profile :

- CA - 1st attempt

- 20 -25 yrs of post-qualification experience with atleast 8-10 yrs of experience in finance controllership role

- Candidates from large manufacturing cos / MNC with multiple locational network will only be considered

- Prior experience in audit and Shared services mandatory

- Hands on experience in SAP, MS office application & Visualisation tools

- Proven experience in IFC, INDAS, ICDS

- Understanding of the Company's businesses and operations

- Understanding of market landscape and business strategies

- Attention to details

- Problem solving and analytical skills

- Excellent inter personal relationship skills

- Excellent communication skills

- Candidates willing to relocate to Hyderabad may only apply.

- Candidates from South preferred.

Women-friendly workplace:

Maternity and Paternity Benefits

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