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Finance Controller – Us Subsidiary
Company | Transformatrix Global Private Limited |
Address | Houston, TX, United States |
Employment type | FULL_TIME |
Salary | |
Expires | 2023-06-12 |
Posted at | 1 year ago |
GREAT OPPORTUNITY FOR CANDIDATES WITH GC OR PERMANENT RESIDENT ARE REQUIRED.
Hiring for Premium client
Location: Houston, USA
Designation:Finance Controller - US Subsidiary
Experience:15+ years of financial experience and management experience with the day-to-day financial operations of an organization
Department:Finance, Accounts
Preferred Industry Experience:Chemicals, Oil & Gas or Manufacturing (in order of preference)
Educational Qualification:Bachelor's degree at an accredited college or university CPA
Role Essentials:
1. A strategic visionary with sound technical skills, analytical ability, good judgment strong operational focus and a creative thinker.
2. Chartered Accountant or Certified Public Accountant (CPA) and Bachelors in Commerce, finance or accounting
3. Ability to navigate through complex financial situations to maximize results.
4. Strong systems, process and best practices experience.
5. Well organized and self-directed.
6. High level of integrity and dependability with a strong sense of urgency and results-orientation
7. Strong problem solving and ability to make decisions based on accurate and timely analysis.
8. Excellent Computer Skills & IT operational knowledge
9. Objective and analytica
10. Excellent communication and people skills
Role Desirables:
1. ERP implementation or high skill level experience
2. Manage team of 4 to 5 individuals
3. Worked in a reporting role to corporate/group
Key Roles & Responsibilities:
Strategy & Planning:
1. Establish and implement corporate financial and accounting policies, controls, procedures, and structures within the boundaries established by the Group CFO.
2. Understand and mitigate key elements of the company’s risk profile. Implement together with the parent company a risk management system.
3. Provide administrative and technical direction to all financial operations (company, project, and subsidiary) to ensure corporate financial data is accurate. Establish and direct all short-term and long-range financial plans under the guidance of Group CFO of Parent Company.
4. Direct the processing and dissemination of financial data required by CEO/Parent company management to establish and maintain operating budgets and related controls procedures.
Operational Excellence:
Financial Reporting and Internal Controls:
1. Reporting of accurate and timely results that provide insightful commentary and will facilitate informed business decisions and actions
2. Establishing stringent processes and ensure Internal Control practices for reporting to Parent company
3. Assessment of Internal Reporting Systems and MIS and redevelopment of the same to enable and intelligent representation of information and its analyses. This is with the objective to deliver an able, clear decision support mechanism.
4. Optimizing the use of technology and identify best practices in US
5. Implementation of requirements in Accounting and Taxation Standards and the Internal Financial Control Framework as required
6. Ensuring complete compliance and publishing accurate and timely reports; and Making timely recommendations to various financial bodies.
7. Fulfil stewardship (conducting, supervising and managing) responsibilities by ensuring effective compliance and control and responding to ever increasing regulatory needs.
8. To generate MIS, reports & dashboards for the for revenue and expense reporting. Also, to provide analytics for better visibility into the operating parameters of the business.
Treasury Management:
9. Assuming the role and responsibilities for areas such as Cash and Working Capital Management, Treasury Operations and exchange’s funds under the supervision & limitations of Group CFO and CEO, US.
10. Adherence to the parent company directives in treasury function.
11. To plan the companies investment and fund realization activity under the close supervision & limitations of parent company CFO.
12. Ensure that the company complies with all legal and regulatory requirements.
13. Ensure that record keeping meets the requirements of auditors and government agencies.
14. Responsible for book keeping & management of the accounts & ensure accuracy of the journals and ledgers.
15. Calculate and prepare government remittances, and create internal financial statements.
16. Ensure all operational & financial processes and approvals are implemented only after approval of the Board or Parent Company.
Risk Management/ Mitigation:
17. Partner with business leadership to provide transparency, predictability and accuracy forecasts
18. Manage the Audit Function (statutory, internal, regulatory, special), Taxation (direct and indirect), Budgeting, and Financial Planning, Analysis and Insurance
19. Appointment of Auditors in collaboration & approval by the Parent company CFO / Board of Directors.
20. Manage Revenue Planning –supportable financial plan that aligns with the longterm business goals of parent company;
People Management:
1. Hire and retain talent critical to business
2. Develop team to take higher & more responsibilities by driving manpower productivity and efficiencies
3. Implement people policies and systems in time bound manner
Customer Centricity:
1. To lead an efficient and effective F&A function, guiding the organization to efficiently use resources at the same time as delivering value to its customers.
2. Delivering value to organization by driving internal and external customer’s centricity.
Job Purpose:
1. Work closely with finance function in corporate and ensure all finance/accounting policies, procedures, reporting, analysis and guidelines are implanted/followed.
2. The role will be responsible for providing operational support to the organization. He/ She will assist the CEO on all the "strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding.
3. Oversee overall accounting process, & play a key role in developing and implementing financial controls and procedures to improve and maintain the financial health of the organization.
4. Direct the fiscal function of the organization in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, the Securities and Exchange Commission, and other regulatory and advisory organizations and in accordance with financial management techniques and practices appropriate within the industry.
5. Responsible for Reporting & Value adding MIS for the operation
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