Senior Manager - Legal Entity Control

Position Summary :

- Reporting to Director- Legal Entity Reporting CoE

- Provide people leadership to direct reports & also assist the Director in expanding the team & helping with the transition of reporting work from in-scope countries

- Responsible for preparation and coordination of legal entity Statutory & Regulatory reports and accompanying documents and coordination with the Accounting & Reporting Controller before filing with authorities within prescribed timetable.

- Primary co-ordination point for Auditors during external audits, ensuring that full analysis and explanations are provided to enable a clean audit opinion and Legal Entity Board approval

- Ensures the local GAAP accounts reconciliation to US GAAP is completed accurately and on time.

- Review to ensure high quality accurate legal entity analysis and explanation for Legal Entity Financial Controller.

- Prepare reporting information and relevant business analysis support for regular board of directors meetings of legal entities and for Audit & Finance Committees, where appropriate.

- Monitor and report on effectiveness of controls implementing remedial steps, as required

- Adhere to the required Integrated Controls programme (SoX etc) for preparation and review of all statutory filings

- Ensure COGNOS implementation for statutory, regulatory and board reporting in place.

Principal Accountabilities :

- Support the Accounting & Reporting Legal Entity Financial Controller achieves the local statutory and regulatory filing objectives

- Responsible for adherence to all local Statutory Authorities timelines and Reporting requirements through preparation, review and submission of local reports. These include annual financial statements, Financial Accounting Book (FAB), regulatory reports to the local Regulatory Authorities, as applicable.

- Coordinate with UK Accounting & Reporting, and other stakeholders to ensure financial reports are complete and accurate.

- Ensure that all reporting issues are identified, escalated and tracked to conclusion

- Maintain and control accuracy of information extracted from prime records into financial reports and ensure a fully audited reconciliation from US GAAP ledger to local GAAP report.

- Adequate controls, documentation and audit trails are in place to comply with Reporting requirements

- Coordinate with the Accounting & Reporting team to maintain up-to-date understanding of all Regulatory and Statutory Reporting requirements including potential regulatory changes in order to assess impact and proactively plan for implementation of changes.

- Coordinate with GBS functions to provide external audit support; including GAR, Accounting and Payment Operations, plus World Services Cashiers as appropriate.

- Provide thought leadership to analysts and ensure effective flow of information to enable high quality outputs

Deliverables :

- Responsibility for understanding and implementing regulator or policy driven changes in reporting requirements.

- Regular communication to Accounting & Reporting Controllership, business partners and customers on Statutory Reporting and audit process requirements

- Demonstrate ownership of the external audit process to ensure that all required information is provided on time and that issues are quickly resolved.

- Ensure all stakeholders are kept up to date on Statutory Reporting and audit process requirements risks and timelines

- Proactively seek opportunities for process improvements through ongoing review of processes / methods of data collection and report preparation to create efficiencies and eliminate non-value added work.

- Ability to respond to changes in reporting requirements as dictated by regulatory authorities and work with Manager / Financial Controller to determine how to accommodate changes, providing analytical support to translate requirements into technology and resource impact.

- Contribute toward process improvements through ongoing review of processes / methods of data collection and report preparation to create efficiencies and eliminate non-value added work.

This role may be subject to additional background verification checks.

Qualifications :

Unique Knowledge & Skills :

- Qualified Accountant, CA/CPA (not MBAs)

- Public Accounting/audit experience (Preferably Big 4)

- The candidate should be CA Rank Holder (mandatory)

- At least 6 years of post qualification finance experience.

- Strong technical accounting background and experience in accounting, statutory / regulatory reporting or statutory auditing

- Advanced knowledge of IFRS GAAP and reporting requirements

- Good understanding of US GAAP and also other GAAP is advantageous

- In depth knowledge of org Policies, Procedures and Systems. Knowledge of COGNOS will be a plus

- Demonstrate ability to operate in a large company matrix environment (if external candidate).

- Ability to collaborate across geographies in a matrix structure and deliver on customer expectations

- Excellent verbal and written communication skills.

- Proven People Leadership Skills including developing staff.

- Project / Change Management experience along with transition of work from onshore location

- proficiency in MS-Office applications, Essbase/analytical software, Oracle and Cognos

- Proactive approach in identifying, escalating, reporting and resolving statutory reporting issues ensuring analyst/s team focus on critical activities.

- Presentation and articulation of statutory reporting requirements to local entity Controller

- Ability to articulate statutory reporting requirements to key Controller and customers.

- Strong analytical and problem solving skills to resolve issues and track to conclusion.

- Ability to escalate to reporting issues to the Accounting &Reporting team in absence of Legal Entity Reporting Financial Director or Financial Controller and judge when issues require escalation.

- Must demonstrate personal accountability in ensuring all tasks and activities are carried out on time and in accordance with statutory reporting and policy requirements.

- Results driven and ability to perform multiple tasks, work to strict deadlines and prioritise tasks.

- Sets own goals in line with critical regulatory and statutory reporting activities.

- Analytical and problem solving skills to identify and resolve queries and track issues to conclusion.

- Ability to handle issues in absence of Manager and judge when issues require escalation to Controller

- Ability to respond to questions relating to statutory reporting requirements and local statutory accounts.

- Must demonstrate personal accountability in ensuring all tasks and activities are carried out on time and in accordance with legal requirements.