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HIRE NOW Finance Subsidiary Controllership

3.00 to 5.00 Years   Bangalore   21 Feb, 2023
Wipro Limited
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryIT - Software
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    Job Description Role Finance - Subsidiary Controller Responsibilities The subsidiary controller is primarily responsible for the accounting operations of the entity including preparation of periodic financial statements/ reports, ensuring that reported financials are fair and accurate and comply with generally accepted accounting principles or international financial reporting standards and local in-country requirements, compliance including maintaining separate books of accounts, if required as per local law. He/ She is responsible for timely closure of all audits, internal or external and ensure timely filing of all statutory reports. The controller is also responsible for assessing the risk and control environment across processes at regular intervals, ensuring comprehensive set of controls are in place to mitigate risk and they are followed through. The controller ensures streamlining of various policies, procedures and controls and ensure they are aligned with the larger corporate/ other entities. Exceptions, if any, are to be kept minimal. The controller works closely with other functions including secretarial, taxation, treasury, payroll, etc. to ensure smooth operations of the entity, manage cash flow, and ensure timely payments to employees / vendors. Roles & Responsibilities: Co-own the financial plan of the business unit along with the business head. Revenue governance (including client interactions for deal closures and contracting; forecasting, revenue recognition) Margin Governance (including cost take out initiatives, systemic and sustainable cost reduction analysis); Working capital governance (including unbilled reduction, timely invoicing and collection, improving debt ageing and PDD); MIS for the business unit including sales performance tracking, incentives and other analytics People management internal stakeholder management Critical attributes to success would be strong communication, cadence and resilience. Co-own the financial plan of the business unit along with the business head Revenue governance (including client interactions for deal closures and contracting; forecasting, revenue recognition) Commercial Structuring and Deal pricing for multiple lines of business Margin governance (including cost take-out initiatives, systemic and sustainable cost reduction, rate hikes, cost analysis), Working capital governance (including unbilled reduction, timely invoicing and collection, improving debt ageing and PDD) MIS for the business unit including sales performance tracking and other analytics Critical attributes to success would be strong communication, cadence, and resilience. Qualifications: Preferably CA & MBA Finance Strong communication skills and ability to interact with teams in different Geos Can do attitude and faster learning curve Qualified CA or MBA Finance,

Keyskills :
people managementaccounting operationsstakeholder managementfinancial justificationmissetcashrisksales

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