Financial Controller - South Asia
Control Risks, India

Role purpose

To optimise the profitability of the South Asia business through exercising professional financial management. This will be achieved by: (i) overseeing financial and administrative processes and controls; and (ii) providing insight and advice to the Managing Director and other line managers to assist in the establishment and implementation of business strategies.

Role tasks and responsibilities

Strategic

• Provide advice to Managing Director and business leaders to assist in the formulation of commercial strategy.
• Ensure financial implications of business decisions are understood and taken into account.

• Ensure optimal terms for bids and contracts, including pricing, conditions, cash flow and liability management.
• Ensure all contractual terms are in line with Group policy and the governing law of the jurisdiction they are under.
• Give guidance to South Asia management and business leaders on financial, commercial or operational matters, including remuneration, benefits, profitability, office, jurisdictional, administrative, investment and capital issues.

• Oversee preparation of monthly and annual management accounts for South Asia in accordance with Group standards, formats and timings.
• Oversee functions in the South Asia office ensuring overall accounting and governance framework is in accordance with Group requirements.
• Manage business planning/budget processes for the region.
• Monitor actual results against budget, explaining significant variations.
• Overall responsibility for the financial forecasts for the region.
• Analyse results from management accounts, project profitability, client profitability and utilisation reports to determine corrective action.
• Identify, implement and operate policies, procedures and financial controls to ensure accounts show a true and fair view at every month end and the Group’s assets are protected at all times.
• Forecast cash flows, identify cash needs and report them to Regional and Group Finance.
• Understanding the business’s FX exposure and recommending steps to limit the exposure if needed.
• Maintaining good relationships with our banking partners.

• Identify, design and provide management accounts and other reports that local management needs to run the business.
• Report to Regional Finance in the formats and time required and in accordance with the Group’s accounting policies:

• Produce and issue reports as required by local legislation and in agreement with Group reports, other than where different accounting policies are required in which case prepare reconciliations between local and group accounts.

Processes

• Design, document, implement and oversee financial and administrative processes to ensure integrity in reporting and, in the most efficient manner possible, that:
• All billing is done accurately, timely and completely.
• All debts are collected on time.
• All expenses are properly authorised, recorded and, where appropriate, recovered from clients.
• All transactions, assets and liabilities are properly and timely recorded.
• Payments are made on time and only when authorised.

• Oversee the process of reporting India taxes accurately and transparently to the local tax authorities.
• Build effective communication channels with local tax authorities to better understand requirements and respond to requests.
• Together with the Group Tax Director, identify and implement strategies to minimise the tax cost to the Group.

• Ensure compliance with local property, payroll, sales, withholding, GST, corporate income and other taxes, statutory reporting and statistical returns.

• In conjunction with the South Asia management, identify, document and take mitigating action on all significant financial risks facing the business.
• Ensure Group risk reports are completed properly and timely.

• Liaise with external auditors to ensure their audits are completed efficiently.
• Support and assist internal audits.

• Build efficient, knowledgeable and enthusiastic teams who want to support the business and continuously improve.
• Promote and maintain good staff morale.
• Manage all direct reports, including ensuring personal and professional development.
• Communicate regional matters to direct reports.
• Overseeing and providing guidance in respect of office and general administration function

Job Rewards and Benefits