Financial Reporting Manager

4 weeks ago

Bengaluru, Karnataka, India Smiths Detection Full time
About Us

Smiths Detection, part of Smiths Group, is a global leader in threat detection and screening technologies for aviation, ports & borders, defense, and urban security. Our expertise spans 5 R&D centers, 21 Global Offices, and 7 Manufacturing Sites, with 2700 Brilliant Minds globally contributing for over 40 years at the frontline. This enables us to deliver solutions needed to protect our society from any threat and illegal passage of explosives, prohibited weapons, contraband, toxic chemicals, and narcotics. Our technology and talented team members help make the world a safer place.

Job Description

The Financial Reporting Manager will work closely with the Detection India Finance Controller (FC) to ensure a high-performing finance team and effective controlled and compliant environment. This role is accountable for financial accounting, financial reporting, and statutory compliance by interpreting policies, processes, and procedures related to the India market and global functions like BIS, HRS, and other global centers of excellence in India.

Duties & Responsibilities
  • Financial accounting as per applicable reporting standards (IFRS, GAAP)
  • Month-end financial reporting, ensuring timely reporting, completeness, and documentation, reviewing key items schedules like Accounts Payable (AP), Bank Reconciliation Statements (BRS), accruals, prepaid, and Onyx submission
  • Statutory compliances: Goods and Services Tax (GST) both outward and inwards, reviewing GST inward reconciliation and filing, Withholding Tax (WHT) compliances
  • Audit management: Statutory audit, Tax audit, Transfer Pricing audit, Internal Audit
  • Tax Management: Corporate Tax Return filing (all detection entities), Corporate tax assessments (both SDS & SDAP India Branch), GST tax assessments, WHT return filing and assessments (both SDS & SDAP India Branch)
  • Vendor Payments (both external and employee claims)
  • Cash payment forecasting on a monthly basis
  • Vetting of Runrate Cost sheets (Bid Approval Form)
  • Funds management
  • Fixed Assets Review on a quarterly basis
  • Interco recharges
  • Ensure compliance with company's internal controls and approval processes
  • Leading and driving SAP enhancements – Preparing justification, benefits, getting it approved from division, and then working with consultants
  • Support the organization in ad hoc projects: System improvement (SAP)
The Individual

Skills & Experience

  • Chartered Accountant with 10+ experience or equivalent
  • Experience of working with Big 4 auditing firms will be an added advantage
  • Experience of leading and developing a team
  • Experience working with SAP
  • Proficient in use of Excel spreadsheets, Outlook, and Word
  • Methodical work practices
  • Meticulous attention to detail with superb organizational skills
  • The ability to make effective, timely decisions in a complex global market, by sourcing and analyzing critical information
  • The understanding and recognition of the organization's commercial environment and positioning themselves, their role, and their actions in order to support the organization's commercial success
  • The ability to engage, challenge, and work effectively with others
  • The ability to build an effective network of relationships both internally and externally, understanding their customers' needs
  • Willing and able to identify and support change and continuous improvement in own and wider business environment
  • Demonstrates the required functional and/or technical knowledge and skills to achieve the highest level of accomplishment
  • Ability to work under pressure and meet tight deadlines
  • Ability to work independently and as part of a team

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