Assistant Manager

Overview

Financial Reporting of Intercompany & crosscharges for India & Bangladesh

Responsibilities

1. Oversee and manage Intercompany activities - cross charges, reconciliations, payments, remittances and rejections. Ensure accuracy and compliance across all transactions.
2. Review and approve month-end forex, branch, intercompany remittance, periodical royalty workings and JVs.
3. Review the submissions made to the sector team for related party transactions.
4. Provide month-on-month variance analysis pertaining to related party transactions.
5. Collaborate with multiple stakeholders, including the IBM support team, sector reporting team, auditors, senior management, and foreign intercompany entities. Conduct regular reviews with support teams and trainees to address and resolve any issues.
6. Drive the automation and continuous improvement of intercompany processes to enhance efficiency and accuracy.
7. Lead the preparation and management of the audit for related party transaction disclosures in financial statements.
8. Conduct monthly reviews of Blackline schedules to ensure accuracy and consistency.
9. Ensure compliance with Ind AS, IFC and statutory requirements.

Differentiating competencies required :

1. Financial Expertise – Strong understanding of financial reporting, accounting principles, and intercompany transactions.
2. Process Improvement – Ability to identify opportunities for automation and streamline financial processes for greater efficiency.
3. Stakeholder Management – Proven ability to collaborate with cross-functional teams, including senior management, auditors, and external entities.
4. Attention to Detail – High level of accuracy and precision in reviewing financial data, reconciliations, and reporting.
5. Communication Skills – Excellent written and verbal communication skills for effective collaboration and presentation of financial results.
6. Adaptability – Ability to manage multiple priorities in a fast-paced environment while maintaining high standards of accuracy and efficiency.
7. Leadership & Training – Experience leading teams, mentoring staff, and driving performance improvement initiatives.

Qualifications

- CA, (0-1 year)

- CA, (0-1 year)

1. Oversee and manage Intercompany activities - cross charges, reconciliations, payments, remittances and rejections. Ensure accuracy and compliance across all transactions.
2. Review and approve month-end forex, branch, intercompany remittance, periodical royalty workings and JVs.
3. Review the submissions made to the sector team for related party transactions.
4. Provide month-on-month variance analysis pertaining to related party transactions.
5. Collaborate with multiple stakeholders, including the IBM support team, sector reporting team, auditors, senior management, and foreign intercompany entities. Conduct regular reviews with support teams and trainees to address and resolve any issues.
6. Drive the automation and continuous improvement of intercompany processes to enhance efficiency and accuracy.
7. Lead the preparation and management of the audit for related party transaction disclosures in financial statements.
8. Conduct monthly reviews of Blackline schedules to ensure accuracy and consistency.
9. Ensure compliance with Ind AS, IFC and statutory requirements.

Differentiating competencies required :

1. Financial Expertise – Strong understanding of financial reporting, accounting principles, and intercompany transactions.
2. Process Improvement – Ability to identify opportunities for automation and streamline financial processes for greater efficiency.
3. Stakeholder Management – Proven ability to collaborate with cross-functional teams, including senior management, auditors, and external entities.
4. Attention to Detail – High level of accuracy and precision in reviewing financial data, reconciliations, and reporting.
5. Communication Skills – Excellent written and verbal communication skills for effective collaboration and presentation of financial results.
6. Adaptability – Ability to manage multiple priorities in a fast-paced environment while maintaining high standards of accuracy and efficiency.
7. Leadership & Training – Experience leading teams, mentoring staff, and driving performance improvement initiatives.