Associate Mgr, Finance

1 month ago

Gurgaon, Haryana, India Baxter Full time

Associate Mgr, Finance

This is where you save and sustain lives

Baxter is on a journey to separate our ~$5B Kidney Care segment into a standalone company. Vantive* will build on our nearly 70-year legacy in acute therapies and home and in-center dialysis to provide best-in-class care to the people we serve. We believe Vantive will not only build our leadership in the kidney care space, it will also offer meaningful work to those who join us.

At Vantive, you will become part of a community of people who are focused, courageous and don't settle for the mediocre. Each of us are driven to help improve patients' lives worldwide. Join us as we revolutionize kidney care and other vital organ support.

*Completion of the proposed separation of Kidney Care from Baxter into a standalone company (to be named Vantive) remains subject to the satisfaction of customary conditions.

Role Summary:

Responsible for managing general accounting tasks and controllership projects for India and to ensure compliance with US GAAP, Local GAAP and various company policies. This position will report to the India Controller and will also have strong interaction with the business and cross function tower in day to day operation.

Essential Duties & Responsibilities:

  • Perform monthly and annual closing of books in a timely and accurate manner and improve the accuracy and efficiency of the process.
  • Understand relevant business risks, perform appropriate risk assessment, and recommend mitigation plans.
  • Ensures strong Corporate Governance and compliance to corporate policies, procedures, local statutory and Baxter accounting and reporting standards
  • Support India Controller on country reporting and local initiatives by leading and being the change agent on standardization, automation, and simplification.
  • Handle accounting of inventory assets and set and control standard costs based on the standard cost system.
  • Functioning as overall in-charge for Financial Reporting and Closing, Accounts payables, Balance Sheet and Assets management, Financial Accounting, Direct and Indirect Taxation, Corporate and Internal Audits, and related Statutory Compliances and Controls.
  • Responsible for computation of monthly and quarterly payment of various taxes (eg TDS, TCS , GST Advance Tax)
  • Filling of monthly and quarterly Tax Return applicable under Direct and Indirect taxes.
  • Experience in preparation local financial statement under INDAS
  • Liaising with statutory auditors (Big4) for Statutory & Tax audit and Transfer Pricing.
  • Managing statutory compliances and taxation matters with respective authorities and consultants for corporate and network of C&FA locations across the country.
  • Preparation of Income Tax Computation along with DTA/DTL and filing of Income Tax Return.
  • Knowledge of Secretarial and FEMA compliance.
  • Collaborate with various teams across geographies supporting accounting activities in solving upstream process issues within business and ensuring the COE teams provide the right level of service to the region.
  • Ensure the existence of a robust Internal Controls environment which promotes ownership and compliance to financial controls within the company through business partnering with Legal, Ethics & Compliance and Corporate Audit
  • Represent the controllership on special task forces, cross-divisional teams and working groups.
  • Developing clear timelines, responsibilities, follow-up, and internal review processes for the business
  • Build high performance teams through coaching and technical development of the Controllership team.

Education & Experience:

  • Bachelor's Degree in Accounting, Finance or related field (or country equivalent). MBA and/ CPA or CA preferred.
  • Demonstration of key finance competencies and qualifications and typically 5 or more years of experience.
  • Strong analytical skills, decision-making capabilities and knowledge of GAAP accounting principles
  • Strong understanding and experience in dealing with tax authorities on tax audits and VAT filings
  • Strong interpersonal skills and an effective communicator
  • Ability to contribute ideas to address business issues
  • Strong stakeholder management – establish and communicate expectations, motivate individuals, and provide honest and specific feedback.
  • Ability to take initiative, guide and influence others toward goal accomplishment.
  • Change Management Experience – ability to lead change in a complex and a highly matrix organization
  • Experience of working in JD accounting software will be added advantage.

For further information, and to apply, please visit our website via the "Apply" button below.

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