Finance Controller

Job Description

DSM ? Bright Science. Brighter Living.?Royal DSM is a purpose-led global science-based company in Nutrition, Health and Sustainable Living. DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative business solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about ?10 billion with approximately 23,000 employees. The company is listed on Euronext Amsterdam. More information can be found at www.dsm.com . Job Description: General Information Job TitleAssistant Financial Controller / Financial Controller? General Ledger AccountingDepartmentUnitGlobal Business Services (GBS)DSM Shared Services Centre, Hyderabad Position in the organization Reports ToAssistant Manager Purpose of the job To coordinate the day-to-day activities Ensure service delivery of GL activities as agreed in the statement of work Follow up on issues which can not be solved by GL Associates / Specialists Ensure meeting process KPIs / PPI?s as per agreed standards Publish periodic reports Job context SSC is a Shared Service Center which offers accounting services to many DSM componentsThe goal is to provide effective, efficient, and customer-oriented service delivery, based on a Service Agreement.Service delivery incorporates: Accounting-to-report (included fixed assets), Financial Controlling, Commercial controlling, operational controlling, project accounting, accounts payable accounting, operational purchasing, payroll accounting, handling travel and expense claims, and cash management including hedging. Job Content Key areas of accountability/responsibility Coordination of day-to-day activities provided by a team of General Ledger Associates/business controllers. Especially coordination and prioritization of daily operational work as well as being the subject matter expert provide training where needed Ensure adherence to Financial Closing Cockpit / Month end activities Monitor and analysis of General Ledger Accounts and in close liaison with Single Point of Contact and with streams suggest and implement possible solutions Stimulate the improvements and standardization of processes within the General Ledger Department, in-order to increase efficiency and quality of the operations Perform daily / weekly / monthly audits as per the process requirement Work on special projects as needed Support preparation of standard and ad hoc management reports through information verification, proofreading, assembly and other related activities. Resolve all escalated queries and disputes with appropriate stakeholders to maintain internal customer satisfaction Maintain integrity of the General Ledger reconciliations to appropriate sub-ledgers and supporting documents including month end reconciliation to the General Ledger Provide General Ledger Accounting relevant procedures (instructions). Ensure procedures are up to date and fully complied with internal controls Identify, analyze and resolve process issues and deliver clear and timely communication on all issues, both internal and external Ensure service is delivered in line with agreed controls and procedures Assist in budget preparations Process final budget in SAP Support in FOOP, CAPEX, OPEX and Management reporting & consolidation Monitor accounting processing of FSS in line with DAR Transfer pricing monitoring Calculate journals for the financial part of the Enterprise Model (fees Tolling, stock-level management) Ensure adherence to IFRS Support Senior Financial controller in the contact with the Auditor for financial audit and as contact for 3rd party and non-financial audit Maintain an open workable relation with the operational business controller and Accounting employee in FSS Complexity of the job Monitoring of integrated accounting and reporting process for the customer and proactivelyidentify problems Knowledge and educational level Master?s Degree in Accounting/Financial Controlling, and/or licensed certified public accountant Knowledge DSM organization Very good accounting knowledge Good knowledge of SAP FiCo Good knowledge of Fiscal Reporting requirements Knowledge of IFRS (preferred) Good written and spoken English Required level of experiences Minimum 4 years of experience in General Ledger Accounting Minimum 2 years of multi-national organization Experience Extended experience of working with SAP-FiCo Experience with issue handling Capabilities Technical capabilities (expertise) Technology expertise, process expertise (awareness) Accounting knowledge, Finance Planning, Forecasting & Budgeting (in-dept) Non-technical capabilities (behaviors) Communication, Persuasion, Negotiation (in-depth) (Team management), Collaboration Business awareness (awareness) Project/Process Management Other Capabilities Shared Services management (awareness) Definitions Technical capabilities (expertise) Accounting knowledge, Technology expertise, process expertise (awareness) Demonstrates knowledge of a broad set of accounting principles and techniques (e.g., IAS, US GAAP, etc.) Evaluates and analyzes financial statements Applies relevant (most suitable) cost accounting techniques (e.g., activitybased costing) Records financial transactions in internal and external books of accounts Keeps pace with changing accounting regulations and standards Technology expertise, process expertise (awareness) Uses financial systems such as Cognos, Hyperion, SAP SEM etc Generates reports with customized data parameters to aid decision making Understands and adheres to all internal and external consolidation processes to develop financial statements Closes financial books accurately and efficiently Identifies opportunities to simplify, standardize, and improve internal processes Non-technical capabilities (behaviors) Communication, Persuasion, Negotiation (in-depth) Articulates complex ideas clearly and concisely, listens to other?s viewpoints and adapts, and uses narratives to enhance messages Writes clearly and concisely and uses graphics to aid in correspondence Constructively challenges assumptions and goals, pushes thinking and uses data and facts to present compelling arguments Negotiates practical compromises to satisfaction of all parties (Team management), Collaboration Aligns team priorities to business needs and team capabilities, manages projects effectively and provides team guidance and support Looks for networking opportunities, helps stakeholders see tradeoffs when making finance requests and creates buy-in for change across the organization Business awareness (in depth) Understands financial implications of business activities and strategic objectives Project/Process Management Balances and prioritizes multiple responsibilities, breaks work into process steps, and keeps stakeholders informed Other CapabilitiesShared Services management (awareness) Meets deadlines, takes initiative and ownership of timely and quality execution Behaviors DSM BehavioursDBS CompetenciesStatementsCustomer and External Focus Passion for customers Commercial mindset Business context Seeks customers feedback and uses it to improve the service. Focuses everyone?s effort on the customer. Knows how own department contributes to DSM?s success Challenges poor use of time and resourcesKnows the complexity of working within a large business and uses this to get resultsFinds out about developments across the business and shares this with others.Drive for Results Results focus Planning and organization Decision making Keeps the key deliverables under the spotlight Firmly confronts others if agreed results are not delivered. Turns goals into realistic plans Prioritises own work Shows good judgment when making decisions. Takes a broad range of facts and opinions into account when making decisions.Engage People Team Working Motivation Communi-cation Acts as an teamplayer. Offers to help others is both positive and supportive when others are at risk of being negative or demotivated Uses a variety of formal and informal channels to make sure information gets through.Checks the impact of communications to improve effectiveness.Improve, Innovate and Change Innovation InfluencingPursuit of excellence Challenges the way it has always been done. Comes up with new ideas and approaches. Demonstrates mutual interest and co-operation. is able to overcome objections in a positive way. Shows a desire for efficiency. Demonstrates high personal standards.Acts responsibly Integrity Maturity DSM alignedSelf Development Accepts responsibility for own work and decisions Respects others Speaks up on contentious issues Prepared to surface difficult issues with people. Shows passion about the business Acts as an ambassador for the business Open to learning Takes ownership for own developmentThe RewardWorking for DSM means the opportunity to really contribute to improve people?s lives and solving the challenges of today?s world. Challenging jobs, career opportunities and an inspiring environment allow you to enhance your personal development. DSM recognizes that the on-going success of the company depends on the continued development and engagement of our employees and pursues a fair and competitive remuneration policy, recognizing individual and team competencies and performance. Procedure & Contact Interested in this position? Please apply on-line by uploading your CV & Motivation letter in English via the career portal ( www.dsm.com/careers ).For additional questions, please contact Boopathy, Talent Acquisition Business Partner at Boopathy.a@dsm.com for this vacancy.Reference check procedures are part of the DSM Recruitment & Selection Process. You will be contacted when these references checks are required.Royal DSM is an equal employment opportunity and affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, status as a qualified individual with a disability, or any other characteristic protected by law.Royal DSM is an equal employment opportunity and affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, status as a qualified individual with a disability, or any other characteristic protected by law.Royal DSM and its associated companies deliver annual net sales of about ?10 billion with approximately 23,000 employees. The company is listed on Euronext. For more information about DSM see http://www.dsm.com or connect on