Manager - Subsidiary Controllership
16 hours ago
Location: Chennai
Role Overview
The Subsidiary Finance Manager will oversee the financial governance of international subsidiaries (US & Philippines). The role includes ensuring accurate financial reporting, statutory compliance, audit readiness, and efficient cash flow management, while driving process improvements and supporting strategic initiatives.
Key Responsibilities
- Subsidiary Oversight: Ensure timely and accurate financial reporting from US & Philippines subsidiaries, review subsidiary accounts for group consolidation, and manage incorporation, liquidation, or restructuring of entities.
- Financial Governance & Compliance: Oversee statutory compliance, audit readiness, Capex and Opex management, dividend distributions, and tax payments to ensure full adherence to regulations.
- Reporting & Controls: Prepare monthly dashboards and financial reports for senior management, support statutory and internal audits, and ensure compliance with SOX/IFC requirements where applicable.
- Process Improvements: Drive automation, strengthen internal controls, and implement best practices to improve efficiency across subsidiaries.
- Stakeholder Collaboration: Act as liaison between group finance and local finance teams, ensuring alignment, transparency, and effective communication across entities.
Education
- Chartered Accountant (CA): A qualified Chartered Accountant with expertise in financial reporting, audit compliance, and controllership.
- Certified Public Accountant (CPA): International accounting qualification (US or equivalent) with strong knowledge of multinational subsidiary governance, IFRS/US GAAP, and global compliance.
Certifications (Preferred)
- SOX/IFC Compliance Certification: Demonstrated knowledge of internal controls, audit frameworks, and reporting requirements.
- IFRS / US GAAP Exposure: Specialization in international accounting standards and reporting practices for multinational entities.
Qualifications / Experience
- 2to 4 years of post-qualification experience in controllership or subsidiary finance, preferably in a multinational or Big 4 environment.
- Strong knowledge of ERP systems (SAP / Oracle) and international financial reporting standards.
- Experience in managing cross-border teams and subsidiary structures.
- Strong analytical, communication, and stakeholder management skills.
- High attention to detail, process orientation, and ability to work in complex, multi-entity environments.
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