Financial Controller Emeu

5 months ago


Lower Parel Mumbai Maharashtra, India Cipla Full time

**Division**:
**Department**:
**Sub Department 1**:
**Job Purpose**:
Share the responsibility and Co-pilot the top line business and protect the bottom line with financial controls in place to achieve expected results in alignment with the overall objectives of the Organisation

**Key Accountabilities (1/6)**:
Overall Accountability
- Finance Control, general accounting: Ensure timely closure of monthly, quarterly, and annual accounts, financial reporting, audits and compliances. Ad-hoc reporting / MIS activities.
- Manage all accounting operations including billing, A/R, A/P, GL, Cost accounting, Inventory accounting and Revenue recognition
- Work with the senior leadership teams to manage and control financial metrics efficiently within the organisation.
- Manage the company's funding-related financial diligence, and coordination with internal and external teams.
- Financial control of JVs and subsidiaries
- Managing Internal and External Audits

**Key Accountabilities (2/6)**:
Financial Books Closure
- Responsible for review of periodical Finance close in line closing checklist and period end submissions of financial information
- Ensure accurate reported as per Ind AS and local GAAP
- Review of financials
- Driving efficiency in books closure process through SAP Adoption/ automation/simplification
- SAP/BPC knowledge added advantage
- Coordinate with Corporate team for consolidation activities and requirement
- Consolidate review annual and quarterly submission related to financials
- Provide internal assurance on completeness and comprehensiveness of financial close
- Adopt and adhere to Global FSCP policy

**Key Accountabilities (3/6)**:
Review of Financials
- Monthly/Quarterly review of financials with regional controllers
- Driving controller forum with corporate
- Review of receivables, BS schedule along with provisioning
- Streamlining accounting practices across countries
- Review of Statutory compliance and activities
- Review all contracts, understand implications on accounting and advise business teams accordingly

**Key Accountabilities (4/6)**:
Internal Controls
- Review of process across entities end to end.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Review of controls adequacy and drive simplification
- Responsible for implementation and compliance to Internal Financial controls. DOA encompassing procedures, activities and tasks which are related to financial reporting and those which has financial implications
- Responsible to drive adoption of automated controls, SAP implementation/upgradation, System based controls and checks (Payables, receivables, claim management, Banking).
- Drive and lead statutory and internal compliance

**Key Accountabilities (5/6)**:
Compliance
- Review of compliance across entities
- Liaison with legal and CS team for review and closure of compliance activities
- Drive Board meeting agenda and preparation of review decks
- Review of entity structure, local requirements

**Key Accountabilities (6/6)**:
Centre of Excellence
- Central force to drive regular trainings on accounting and controls.
- Being the COE for any accounting advisory
- Creating standard documentation for adherence of accounting policies for business and finance

**Major Challenges**:

- Prioritization of tasks and smooth operations.

Overcome by - putting in extra work hours & planning
- Managing complexity, multiple stakeholders
- Overcome by: Solving thing in a structured manner

**Key Interactions (1/2)**:

- Regional finance team
- Corporate Finance team
- Legal Team
- Compliance team
- Marketing Team
- Business team
- Internal Audit Team
- IT team

**Key Interactions (2/2)**:

- Statutory Auditors
- Internal Auditors
- Consultants
- Vendors/agencies for any new service

**Dimensions (1/2)**:
15+ entities including branches

**Dimensions (2/2)**:
**Key Decisions (1/2)**:
**Key Decisions (2/2)**:
**Education Qualification**:
CA Finance

**Relevant Work Experience**:
Minimum of 10 years of Proven working experience as a Financial Controller,

Thorough knowledge of accounting principles and procedures,

Experience with general ledger functions and the month-end/year end close process,

Excellent accounting software user and administration skills,

A hands-on manager, who is willing to get actively involved with and guide the team in order to achieve desired goals.

Sound knowledge on regulatory compliance, statutory reporting


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