Founder/Chief Consultant at Credence HR Services
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Vice President - Legal Entity Control - Financial Services (12-18 yrs)
We are hiring Vice President - Legal Entity Control for our client in Bangalore.
The key responsibilities of Legal Entity Controllers include:
- Ensure the integrity of the books and records of the legal entities in accordance with the Legal Entity Control Standards and aligned with local GAAP/ IFRS
- Manage the financial reporting, governance, and control of legal entities, including entities dedicated to CIB businesses and those utilized for booking non-CIB activity and applicable Local Regulatory requirements
- Ensure that business booking in the legal entities complies with the applicable regulatory requirements
- Overall Responsible for oversight including accounting & reporting of legal entity financial statements for US GAAP and local GAAP
- Controls being the critical aspect of delivery; the expectation is to cater to multiple stakeholders across multiple line of businesses, legal entities and regions.
- The individual is expected to be well versed with the key deliverables, provide day to day direction to the team locally and directly responsible for the deliverables to the stakeholders.
- Review & Ownership towards FX Risk Management through trade-out and Capital Hedging in accordance with FASB (FAS 52) requirements
Qualifications :
- Qualified Chartered Accountant or Equivalent Finance Degree or a subject of a technical nature
- 12+ years of work experience, preferably in Financial Services, and/or accounting/controller background
- Advanced skills in Excel and PowerPoint
- Inquisitive, enthusiastic, and diligent
- Strong verbal and written communication skills with the ability to articulate complex issues clearly
- Ability to create ad hoc reporting for senior management
- Proven track record for executing on special projects/assignments with often little lead time or information
- Highly motivated and able to thrive and think clearly under pressure and tight deadlines
- Team player with the ability to be respected as a trusted partner
- Highly motivated self-starter with excellent time management/prioritization skills
- Strong analytical and problem-solving skills with the ability to analyze large data sets and present conclusions concisely
- Strong people management skills
- Self-starter, able to prioritize key tasks & manage deliverables effectively
- Should be flexible with shifts
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