Manager – International Finance Operations

Location
Bangalore (Division), Karnataka
Salary
Competitive
Posted
01 Feb 2019
Closes
01 Mar 2019
Sector
FMCG
Contract type
Permanent
Hours
Full time

Job Function /Sub Function: RTR, PTP, OTC, FP&A

Responsibilities

  • To ensure all deliverables as per SOW are met with.
  • To lead and mentor a team of finance executives in the areas of PTP/RTR/OTC for multiple countries including US and SE Asia.
  • To drive process improvements, automation and value add for the international clients and leverage India operations
  • To build capability and drive new business growth for international F&A operations  

1. Accounting and Balance Sheet Management

  • Monthly Closing, Reporting of actual results and maintaining US-GAAP and local GAAP books
  • Monthly Rolling Estimates
  • Annual Business Plan
  • Generate P&L and discuss with the controller movements e) Repository of historic MIS of each Unit and Zone
  • Through review and reconciliation of all balance sheet items monthly
  • Custodian of the monthly closing file and all related working papers
  • Manage all audits ( Internal, CAD and Statutory)  and controls
  • Understanding of Hyperion reporting for global consolidation
  • Capital Accounting

Corporate & Management Reporting
Business Consolidation Reporting
Production Usage Variance Reporting
Balance sheet and P&L reviews

2. PTP Operations

Ensuring the entire PTP process meets and continuously improve SLAs/KPIs

Drive Automation and value addition in Invoice Management,  Query and Incident Management,  Payments Management 

3. OTC Operations

Integrated Order Management

  • Release orders, Billing and Settlement
  • Credit Management
  • AR reconciliations
  • Cash Allocation
  • Daily Bank Rec
  • Rebate Management Query and Incident Management


4. Business Analytics

  1. Analytics and data based decision support
  2. Identifying opportunities and making a time bound action plan to ensure achievement of goals in alignment with stakeholders
  3. Tracking the progress
  4. Conducting regular review meetings with stakeholders to ensure compliances and Governance.

5. Controls and Compliance

  1. Manage all internal controls as agreed with international customers- including SOX, CAD , Statutory Audits
  2. Ensure no High Risk in CAD audit and reduction in Potential Risks
  3. Ensure 100% compliance to Chart of Authority 
  4. Ensure adherence to Standard Practices and Procedures (SPP), local policies and processes

6. Build process capability and move to best in class and grow the international business and drive transitions.

Position Reports To:

Administrative & Functional Reporting:   Head of Business Shared Services

Team handling: Team of 20+ associates to grow as it expands

Stakeholders

Internal:

  • Finance Shared Services Head
  • Business Shared Services Head
  • Controllers group at Corporate
  • Planning group at Corporate

External:

  • All CFOs and Controllers of respective countries
  • Auditors – CAD, Statutory and SOX

Qualification : ACCA member,CA with 7-10 years post qualification experience

Critical Experiences/Exposure Required:Preferred experience in handling a team of associates,Preferred exposure to Hyperion based reporting 

Geographical scope: US, Singapore, Malaysia, Myanmar, Cambodia, Vietnam, Nepal, Srilanka & other countries as we expand

Financial Scope: As per country budgets and plans

Functional Competencies :

  • Strong accounting and reporting skills
  • Strong drive for results
  • High degree of focus on systems and processes
  • Accounting & Reporting: Reporting, Fixed Asset Control – Competent
  • Financial Planning & Analysis: Analysis– Competent
  • Controls & Compliance: Internal Audit Management – Working Knowledge

IT knowledge: Good Working knowledge in SAP, Mastery over Excel, good working knowledge of PowerPoint

Travel: 20-25%