Job Summary:
A hands-on senior accounting personnel to manage the outsourced finance and accounting functions for our entity in India. In this role, he/she will be responsible for working closely with our outsourcing partner, Genpact to ensure all transactional activities and treasury related tasks are accurately and efficiently performed. He/She will also be responsible for managing the local regulatory reporting and other statutory reporting and foreign currency reporting. He/She will report to the Associate Director, Controller Asia and Greater China and will work closely with cross-functional teams.
Key Responsibilities:
Financial Operations and Controllership
- Oversee day-to-day finance and accounting operations for the assigned entities, including managing outsourced service providers to ensure timely and accurate processing of transactional accounting activities.
- Provide overall controllership oversight, ensuring financial accuracy, integrity, and compliance with company policies and regulatory requirements.
- Manage the Record-to-Report (RTR) process, including General Ledger management, period-end close activities, and balance sheet reconciliations through BlackLine.
- Ensure completeness, accuracy, and timeliness of financial records and proper documentation of all financial transactions.
Financial Reporting
- Manage month-end and year-end close processes and ensure financial reporting is prepared in accordance with US GAAP, Group reporting standards, and local GAAP requirements.
- Prepare and review monthly financial statements, including P&L and Balance Sheet reporting, and provide financial analysis and insights to management.
- Monitor and analyze financial data to identify trends, risks, and opportunities for improvement.
Treasury and Cash Management
- Manage treasury functions including cash management, bank relationships, and cash flow forecasting.
- Oversee foreign currency reporting and treasury-related activities.
- Manage banking operations and resolve banking-related matters.
Order-to-Cash and Working Capital Management
- Oversee Invoice-to-Cash (I2C) related processes including invoicing, customer credit management, collections, and accounts receivable.
- Support revenue recognition processes and ensure compliance with applicable accounting standards.
- Support working capital optimization through effective cash collection and cost control.
Procure-to-Pay and Operational Finance
- Oversee Accounts Payable and T&E processes, including vendor payments and expense reimbursements.
- Ensure proper management of invoicing, payments, and intercompany transactions.
Tax and Statutory Compliance
- Ensure compliance with all local statutory and regulatory reporting requirements in India, including timely filing of statutory returns.
- Support Tax payments and Audit support in coordination with TAX department.
- Work closely with the Asia Tax team on tax compliance matters.
Audit and Internal Controls
- Ensure compliance with SOX requirements and internal control frameworks, maintaining a strong and effective control environment.
- Coordinate and support internal audits, SOX audits, and external audits (e.g., EY).
- Ensure adherence to Delegation of Authority (DOA) and Segregation of Duties (SOD) requirements.
- Lead remediation efforts for any control gaps identified during internal or external audits.
Systems and Process Improvement
- Support SAP regression and integration testing related to finance system changes.
- Drive process improvements, standardization, and automation initiatives within finance operations.
- Ensure compliance with finance policies, governance standards, and data integrity requirements.
Stakeholder and other support
- Manage relationships with outsourced finance service providers, ensuring service quality and timely resolution of operational issues.
- Collaborate with cross-functional teams to ensure accurate and timely completion of financial reporting and operational activities.
- Prepare ad-hoc financial reports, analysis, and management presentations as required.
- Support business initiatives and other finance-related projects as assigned.
