- Responsible: To manage 3 entities in India
- Manages a local Finance team with responsibility for multiple legal
entities in one or more countries. Includes managing defined
aspects of financial accounting & record keeping (payroll, treasury,
T&E, VAT etc).
- Ensures on time & correct processing of transactions and
preparation & filing of all statutory and fiscal returns, whilst ensuring
compliance with local GAAP and fiscal regulations.
- Develops, recommends & implements effective structures,
processes & practices that incorporate country specific
regulatory/fiscal requirements, and provide assurance relating to
corporate governance & controls.
- Uses structured processes & best practice methods (performance
reviews etc), to recruit, select, develop & manage the performance
of a team of employees at various levels. Ensures they have the
capability to deliver robust & cost effective Financial accounting &
controls that meet the immediate & longer-term needs of the
business & its Customers.
- Develops, recommends, and/or implements & maintains effective
processes & controls for key financial transactions (VAT, Payroll,
Expenses, local payments, scanning of invoices etc) for one or
more countries. includes adapting standardised processes when
required to accommodate country specific requirements.
- In India, responsibility is for all accounting transactions (all AP, GL,
Payroll, Tax etc).
- Ensures the accuracy, integrity & on time processing of financial
data (tax returns, ledgers, payroll records, support documentation
etc.) in compliance with country specific regulatory & fiscal
requirements, US GAAP & SOX.
- Provides on time & accurate statutory & fiscal reporting for all
business entities in one or more countries. Reporting is complex &
needs to take account of different country regulatory requirements
and US GAAP.
- Develops and implements legal and workable solutions to complex
tax related issues (corporate tax, VAT etc) by liasing with
appropriate internal departments and external
consultants/authorities to ensure the situation is correctly
addressed and all relevant people understand & implement the
actions needed.
- Develops, recommends &/or implements effective control
mechanisms for all finance related processes in order to minimise
financial risk & identify control weaknesses. Monitors & reports
ongoing compliance of key Operations (duty & taxes, customs
penalties, Sales commission schemes, pricing etc) against agreed
P&P, working with relevant areas to analyse & resolve issues.
- Includes development of effective audit tools, compliance tests,
cash control procedures etc.
- Represents Finance in local country business initiatives (new
facilities, locations, new country openings etc) in order to limit
financial risk/exposure. Ensures that financial controls & processes
are established that correctly incorporate all relevant statutory &
fiscal obligations (set up payroll, banking, contracts etc). Advises
local management on processes, procedures & requirements
- Reviews & approves all new local country vendor contracts,
contract renewals (property & aircraft leases, GSP contracts etc)
ensuring stability of potential vendors & that there is no potential
negative impact/risk resulting from the contractual terms. Ongoing
ensures periodic reviews of all existing contracts to ensure financial
compliance of vendors, initiating corrective actions as needed.
- Supports the Company’s position/stance by representing on
diverse financial matters in external business
discussions/negotiations (e.g. unions, auditors, tax specialists,
pensions advisors etc) & in appropriate high level Customer events. - Manages an annual expense budget (salaries, training, travel & entertainment) to ensuring ongoing costs are justified and controlled and remain within total budget.
