Business Unit Controller

2 weeks ago

Bengaluru Karnataka, India Thomson Reuters Full time

**Job Title: Business Unit Controller**

**Location**: Bangalore, India (Hybrid, minimum 2 days/week at the Bangalore office)

**Reporting To**: Senior Finance Manager (Reporting lines may change in line with any changes in the TRF Finance Team Structure going forward).

**About the Role**:
**Payroll Processing**:

- Manage the month-end payroll and recharge process, ensuring accurate and timely reporting.
- Coordinate closely with People Team in Costa Rica to gather and validate payroll data for all Foundation staff.
- Review payroll reports for accuracy and compliance with statutory regulations and company policies.
- Address any payroll-related inquiries or discrepancies promptly and efficiently.
- Ensure relevant month end reports are prepared to ensure accurate and timely reporting.
- Prepare analysis as required on payroll and recharges.

**Month-End Reporting**:

- Ensure accurate recording and reconciliation of payroll-related transactions in the general ledger and support the preparation and analysis of month end reporting.
- Ensure accurate monthly payroll reconciliation and collaborate with the people team to address and resolve any discrepancies that may arise.
- Contribute to staff cost variance commentary in the monthly management accounts
- Support with general accounting reconciliations related to staff expenses and credit cards.

**Audits**
- Assist in the preparation of financial statements and supporting schedules for internal and external reporting.
- Conduct variance analysis and provide insights into financial performance to support decision-making processes.
- Ensure all payroll-associated working files and documentation are prepared for the interim and end-of-year audits and donor audits from time to time.
- Maintain accurate payroll records and documentation in compliance with internal policies and external audit requirements.
- Reconciling Payroll Accounts: Performing reconciliations to ensure that payroll records match the company's financial statements and resolving any discrepancies

**Reforecast**
- Updating Payroll Forecasts: Adjusting payroll forecasts to reflect any changes in employee headcount, salary adjustments, bonuses, and other compensation-related factors
- Ensuring Compliance: Staying updated on changes in tax laws and regulations to ensure all payroll calculations reflect the most accurate forecast possible
- Analysing Historical Payroll Data: Reviewing past payroll data to identify trends and patterns that can inform future projection
- Preparing Reports: Generating detailed payroll reports for management, highlighting key metrics and any significant changes from previous forecasts

**Automation**:

- Identify opportunities to streamline payroll processes, improve efficiency, and enhance controls to mitigate risks.
- Contribute to ongoing automation and AI projects/initiatives for payroll and other general accounting areas

**General Accounting**:

- Preparing and posting journal entries to the general ledger
- Ensuring all entries are posted and assigned General Ledger accounts are reconciled
- Analysing and assigned general ledger accounts to ensure accuracy and completeness
- As requested, support strategic planning by providing insights and recommendations based on financial analysis including scenario and sensitivity analysis to forecast potential outcomes

**About You**:

- Professional accountancy or finance qualification (CPA, CMA, CA/ICWA, MBA (Fin) or similar) preferred.
- Experience in payroll processing, month-end close activities, and financial reporting.
- Proficiency with SAP (or similar ERP) is a plus.
- Excellent proficiency in MS Office, especially Excel and Power BI
- Strong analytical skills with the ability to interpret financial data and provide insights.
- Strong communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Detail-oriented with a high degree of accuracy and a commitment to meeting deadlines.
- Experience handling confidential data with sensitivity ensuring
- Proactive mindset with a willingness to take initiative and drive process improvements.

LI-SS3

**What’s in it For You**

At the Thomson Reuters Foundation, our people are our greatest assets. Here are some of the benefits we offer for your personal and professional growth:

- ** Global Perspective and Impact**: Interested in working for a dynamic global organization with a focus on social impact? With hubs all over the world from Bangkok to Madrid to Rio de Janeiro, join a truly international team with a shared goal of helping to build societies around the world that are free, fair and informed.
- ** A Unique Approach**: Our expertise in media and the law is world class; we combine the power of both to address the critical issues faced by humanity.
- ** Our Relevance**: With a focus on advancing media freedom, fostering more inclusive economies and promoting human rights, our work has never been more needed than right now.

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