Manager – Controllership & Reporting

Job Title: Manager – Controllership & Reporting

Job Summary: The Manager – Controllership & Reporting will oversee the accounting operations for the company's teams in India and internationally, focusing on areas such as revenue, expenses, payroll, taxation, audits and month-end closures. This role is essential in supporting the controllership team to ensure compliance with company policies and procedures. The Manager will work closely with cross-functional teams to identify and implement process improvements that enhance efficiency. A comprehensive understanding of Ind AS, IGAAP, US GAAP, IFRS, and auditing standards is crucial. The ideal candidate will possess excellent analytical, communication, and interpersonal skills to effectively collaborate with various departments and external stakeholders.

Key Responsibilities:

1. Accounts and Inventory Management:
• Oversee accounts payable, receivable, fixed assets, general ledger, and inventory processes.
• Conduct inventory reconciliations and manage ESOP workings.
2. Deferred Revenue and Contract Management:
• Manage deferred revenue and cost computations under US GAAP.
• Review contracts for financial implications and prepare cash flow statements.
3. Financial Management:
• Develop and implement financial plans aligned with organizational goals, including budgeting and forecasting.
• Prepare financial reports to summarize the organization's financial performance for stakeholder review and decision-making.
4. Cash Flow and Working Capital:
• Monitor cash balances and forecast future cash needs to ensure liquidity.
• Manage working capital effectively to support organizational objectives.
5. Tax and Risk Management:
• Ensure compliance with all tax regulations, including calculation, filing, and payment of taxes.
• Handle corporate tax, GST, and transfer pricing matters.
• Identify financial risks and implement strategies to mitigate them.
6. Revenue and Compliance:
• Oversee billing, collections, and revenue recognition processes, ensuring adherence to IGAAP and US GAAP ASC 606.
• Conduct internal audits and develop controls to mitigate revenue-related risks.
7. Audit and Regulatory Compliance:
• Support external audits and ensure regulatory compliance.
• Collaborate with Big 4 auditors for internal and statutory audits.
8. Process Improvement and Collaboration:
• Identify and implement process improvements to enhance efficiency and effectiveness.
• Collaborate with finance, accounting, and operations teams to streamline financial operations.
9. Additional Responsibilities:
• Perform balance sheet reconciliations and manage intercompany transactions.
• Conduct quarterly and annual computations, including sales commissions and CSR spend.
• Support month-end close activities and variance analysis.
• Perform other duties as assigned by Directors.

Requirements:

• Qualified Chartered Accountant with 5-10 years of relevant experience, ideally in the SaaS or reputable manufacturing sectors (e.g., GE, ABB, Siemens). Experience with a Big 4 firm is a plus.
• Strong knowledge of Accounting Standards (AS), Indian Accounting Standards (Ind AS), Indian GAAP (IGAAP), GST, Income Tax, IFRS, and US GAAP.
• Proficiency in accounting software such as Netsuite and advanced skills in MS Excel.
• Excellent communication skills for effective interaction with internal and external stakeholders.
• Ability to work independently and as part of a team in a fast-paced environment.
• A proactive mindset with a strong drive to achieve results efficiently.

Working Location and Timing:

• Regular working hours and from the office location.