Assistant Controller

Do you want to be part of an inclusive team that works to develop innovative therapies for patients? Every day, we are driven to develop and deliver innovative and effective new medicines to patients and physicians. If you want to be part of this exciting work, you belong at Astellas

This is an office-based position in Bangalore, India.

**Purpose and Scope**

The Assistant Controller plays a crucial role in managing Global Business Services (GBS) activities within a country, specifically ensuring that the financial records of all Indian entities comply with statutory, regulatory, and group reporting requirements. Here’s a concise overview of the key responsibilities**:
Financial Compliance: Ensure that all financial records are prepared in accordance with relevant laws and group standards.

Control Environment: Establish and maintain a strong control environment over accounting and finance processes, ensuring that necessary controls are effectively executed and documented.

Team Management: Lead an internal team while overseeing transactional accounting activities performed by a Business Process Outsourcer (BPO) to meet financial objectives.

Collaboration: Work closely with the Cluster 3 Controller to deliver accurate financial statements and support financial reporting to the Reporting Group.

**Essential Job Responsibilities**

**RTR Responsibilities**

**Financial Closing**:
Coordinate monthly, quarterly, and annual financial closings for India entities, ensuring accuracy with internal and BPO teams.

Manage financials for legal entities and IP holders.

Support Commercial Finance, Corporate Functions, R&D, and IS with financial close and accounting issues.

Assist ERT and Tax with transfer pricing, financial consolidation, audits, and control frameworks.

Align with RTR/OTC/PTP Regional Process Owners for process standardization.

**Financial Close Process**:
Oversee financial close and ensure integrity of financial statements.

Establish processes for collecting information and generating journal requests (e.g., prepayments, accruals).

Review and approve reconciliations and intercompany recharges.

Provide guidance on complex transactions and support Global Process Areas (O2C, P2P, SCM) with local/IFRS accounting.

Perform cash flow forecasts and assist in managerial accounts.

Collaborate on Finance Master Data for reporting.

**Financial Compliance**:
Ensure adherence to Astellas accounting policies and effective financial controls.

Foster a compliance culture and proactively address non-compliance.

Assess IFRS changes and develop accounting treatment guidance.

**Statutory, Tax, and Audit**:
Support internal and external audits and local tax authorities.

Review reports for tax and statutory filings and coordinate with the Americas tax department for compliance.

Maintain evidence of control operations for audits and collaborate on audit processes.

Ensure timely submission of local statutory requirements.

**OTC/PTP Responsibilities**

**Service Management**:
Ensure end-to-end service delivery to internal and external customers.

Prioritize resources to meet service delivery timelines and manage team performance.

Ensure compliance with J-SOX and Internal Audit, recording accounting entries per IFRS and local GAAP.

**Request Management**:

- Act as a key resource and escalation point for customers.

**Governance, Performance Management, and Reporting**:
Ensure service delivery meets KPIs and define/report on metrics.

Contribute to GBS strategy by maintaining a monitoring system for processing quality.

Support the Operational Governance Committee.

**Customer Experience and Relationship Management**:
Foster collaborative relationships with internal customers, ensuring SLA compliance.

Chair meetings for process improvement and issue resolution, presenting at Senior Management meetings.

Manage relationships with internal business partners for high service delivery.

Knowledge Management & People Development:
Serve as a Subject Matter Expert and conduct necessary training.

**Continuous Improvement**:
Identify opportunities for customer service improvement and collaborate on projects.

Manage projects with key stakeholders in global initiatives.

**Financial/Budget Management**:

- Support to develop annual plans/budgets and manage actual figures against the budget

**Organizational Context** ( Intent is to give a sense of the work environment in which the responsibilities are performed )

Member of GBS organization. The position reports into Cluster Controller and collaborates with local Commercial Finance and Functional stakeholders.

**Internal Stakeholders**

Head of GBS Tower

Finance Towers Leadership outside GBS

Record to Report Service Delivery Head

Affiliate Leadership and Commercial Finance Team

General Manager of Subsidiary

Financial Controls and Governance (FC&G)

GBS Regional Process Owners

Systems team

**External Stakeholders**
- External auditors, Tax and statutory Auth