Head/VP - Business Control - Real Estate/BFS

About the Client :

Our Client is an MNC in Services.

As a global company with a heritage of fairness, equality, and inclusion, the company empowers all its people to deal with problems and opportunities when they arise.

From its origins in 1900s, it has been a people organisation with a strong belief that individuals who work together make a difference. 'We know that when we get things right, it enhances lives and makes the world work better - and that is what drives us.'

Starting in mid-2000s it is today a significant player in the Facility Management & Professional Services industry in India.

It is amongst India's Best Workplaces to work as per The Great Place to Work Institute.

About the Vacancy:

Position: VP/ Head-Business Controlling

Role:

Business Partnering:

- Work with business heads to support and drive the business growth

- Leading/guiding team of business controllers and leading from the front

- Managing and driving business and financial KPIs

- Driving profitability and efficiency improvement

- Owning full P&L and Balance sheet along with business heads

- Managing key stakeholders

- Driving cross functional relationship

- Budgeting

- Responsible for preparation and managing the annual country budget & forecasts as per timelines and guidance

- Finalization of departmental cost center budget

- Finalization of segment/ region budget

- Thorough variance analysis and identifying the key drivers

- Restructuring/realignment of different service lines /Business

- Merger of one business with the other as per the management's decision

- Disposal or closure of some business as per the management's decision

- Revenue assurance & Cost Controlling

- Analyzing & Challenging direct and indirect cost

- Identifying potential Cost optimization areas

- Reviewing, evaluating, and recommending improvements to internal control systems and procedures that enable cost control

- Building an effective process for avoid revenue leakage

- Serving as an advisor and agent to implement efficient accounting and financial policies and procedures that would lead in controlling costs & increasing profits

- MIS & Reporting

- Managing preparation of reports

- Timely Group reporting with zero deviations

- Reporting and presentation of the financial outcome, business plans and projections to local management

- Preparation and publishing timely monthly financial statements, incl. variance analysis of the results for ISS India

- Supporting and preparation of year-end processes and reporting

Other Financial Activities

- Analyzing financial and operational information, identifying strengths/weaknesses and recommending improvements in methods and processes

- Financial investigation and analysis of Regional performance in all areas to management

- Overseeing and developing the planning model within the Region through, target setting, action planning, financial projections and simulations as well as follow up and deviation analysis

- Responsible for managing the Cash Flow

- Proposing and participating in improvements to the overall company accounting model

- Proposing and participating in developing processes and procedures to minimize regions operational risks

- Proposing and participating in developing processes and procedures to achieve administrative efficiency and protection of company assets and values

- Overseeing that company policy, laws and regulations are complied with

- Ensuring quality control over financial transactions and financial reporting

- Developing and documenting business processes and accounting policies to maintain and

- Strengthen internal controls

- Managing and complying with local, state, and federal government reporting requirements and tax filings

- Handling Ad hoc-assignments that will strengthen and develop ISS India

- Team Management

- Developing team members & augmenting their development through proper training

- Addressing & guiding team members in case of any queries, concerns, internal conflicts

- Agreeing Key Point Indicator's (KPI's) of team member's & Appraising them on the basis of the same

Desired Skills:

- Should have handled Business worth 1000 Cr

- Should have worked in Matrix environment & in MNC

- Exposure to M&A would be desirable

Functional Skills:

- Financial Analysis, Audit & Reporting

- Mergers & Acquisitions

- Corporate Finance

- Budgeting

- Business Strategy

- Variance Analysis

- Internal Controls

- Generic Skills

- Collaborative

- A demonstrated ability of troubleshooting and problem solving

- Strong decision making and analytical ability

- Ability to communicate effectively both verbally and by email

- Highly organized, detail oriented and accurate

- Ability to prioritize work, meet deadlines and budget

- Well-developed customer service skills

- Team Management ability

- Ability to work under tremendous pressure

- Proactive goal-setting and the structuring of plans, actions and identification of appropriate resources (people and materials) required to achieve objectives.

- Offering innovative and original ideas that do not stem from existing processes and identifying less evident models or original combinations

- Integrating - Integrating and linking data into coherent information, identifying relationships between pieces of information, generating alternatives and logical and sound conclusions.

- Analyzing - Assessing information using a focused analysis and evaluation, gaining insight into cause and effect relations whilst using a critical and rational manner and differentiating the essential from the non-essential

Key Stakeholders:

- Internal Stakeholders

- Client Interaction

- Statutory & Government bodies & Financial Institutions