Controller

1 month ago

navi mumbai, India Oil States International Full time

Position Summary:

Controller position is responsible for the development of short- and long-term financial strategies in support of the company's strategic mission and goals.

The job holder is responsible for directing OSII’s overall financial policies. Controller oversees all financial functions including accounting, budget, credit, insurance, tax, company, land matters and treasury. Controller also designs and coordinates a wide variety of accounting and statistical data and reports. Controller ensures that financial systems and processes are adhered to and there is no misappropriation.

 Controller develops, builds and maintains financial agreements and strategic alliances with public sector offices, and other partners, including banks. Controller is also responsible for providing policy guidance and recommendations on key financial issues for all OSII projects and operations to the Management Team.

Controller evaluates complex issues and proposes and implements alternatives based on OSII resources, priorities and goals.

Key Responsibilities:

Plan, develop, organize, implement, direct and evaluate the organization's fiscal function and performance. Participate in the development of the organization's plans and programs as a strategic partner. Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action. Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the General Manager and the Board and other senior executives in performing their responsibilities. Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the organization. Establish credibility throughout the organization and within the Board as an effective developer of solutions to business challenges. Provide technical financial advice and knowledge to others within the financial discipline. Continual improvement of the budgeting process through education of department managers on financial issues impacting their budgets. Provide strategic financial input and leadership on decision making issues affecting the organization; i.e., evaluation of potential alliances, acquisitions, and/or mergers and investments. Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position. Develop a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs. Be an advisor from the financial perspective on any contracts into which the organization may enter. Evaluation of the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as providing individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals. Effective role in Costing and Accounting process. Responsible for company law matters. Effective role in Direct & Indirect Tax Compliances along with other applicable Laws and Regulations Performs other duties as assigned

Person Specifications:

PROFILE:

Controller who possesses a thorough knowledge of financial management practices and techniques. Controller should have a thorough knowledge of public and private finance, financial analysis, accounting, budgeting, debt management. Controller should also have knowledge of mortgage lending, commercial lending, and loan servicing, as well as loan pricing, secondary markets, and financing.

Must have

Qualifications:

CA

Experience:

· Minimum 10 to 15 years industry experience.

· Of which 5 to 7 years of experience in engineering production company. Should have working knowledge of Tally Prime, ERP & Hyperion.

· Well conversant with US GAAP.

Competencies:-

Functional

Behavioral

· Business perspective

· Strategic perspective

· Delivering Results

· Decision Making skills

· Analytical capability

· Strong Analytical and Problem solving ability to deal with complex issues 

· Team working and influencing skills

· Ability to influence various function heads

· ERP

· Tally

· Hyperion

· Business Etiquettes

· Building High Performance Teams

· Assertiveness

Special Requirements:

Proficiency in the use of common software packages including Microsoft Office suite - Word, Excel, Power Point.

• Exceptional commitment.

Expert Knowledge of ERP Software is must to have.

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