
N/A
Head of Controlling
10 months ago
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The core mission of the role (Head of Controlling and Treasury) is to protect the business asset and cash by ensuring proper accounting activities in place according to the legal and group requirements, managing the cash end2end to ensure sufficient availability of funds, maintaining an effective internal control environment and granting Griffith Foods is complying with all legal, tax and audit requirements and deadlines in all entities cross IMEA region (India, Middle East & Africa).
The Head of Controlling and Treasury will be responsible for leading, administering and coordinating accounting processes & activities, tax and statutory accounts filling, cash management, and external audit.
This position will have a high level of interaction with the Corporate Finance team and IMEA Leadership team. The role is expected to partner with HR and IT executive members.
The role will be based out of Bangalore, India.
Financial controlling
- Act as the first line contact with the global controlling team
- Accountability for the monthly and year-end accounts, with corresponding supporting papers.
- Supervision of the consolidated/statutory accounts and corporation tax computations for all entities in IMEA
- Balance sheet ownership for IMEA entities. [India, Middle East & Africa (Griffith Africa – Rwanda & Kenya; Terova Africa & Griffith Crown Foods)]
- Ensure Compliance with all relevant legal and statutory requirements for all entities in IMEA
- Responsible of transfer pricing policies well implemented and reviewed on a regular basis
- Lead audit engagement and activities for IMEA entities\
- Advice the company on all legal and tax requirements when designing and creating new entities set up
- Maintain a proper and efficient internal control environment supported by check & balance, segregation of duties and audit trail principals.
Accounting activities
- Provide technical accounting advice and coaching to support the Finance function, team members and wider business
- Setup & manage the centralized shared services team for:
- GL accounting team ensuring records are maintained in an accurate and efficient manner and that all control accounts are recorded accurately
- Accounts payable team, ensuring all agreed operational policies are applied and payments are made to terms.
- Accounts receivable team, ensuring rigorous credit control in place (collection process, credit limits, payment terms)
End2End Cash management
- Act as the first line contact with the global treasury team
- Supervision of treasury function including cash forecasting & supporting units FBPs for cash management.
- Review, Implement & Manage the cash pooling across IMEA and oversee all activities of the FinCo.
People leadership
- Motivate & coach direct reports
- Act as a financial advisor to the regional management team, providing insights and recommendations to drive financial performance.
- Support strategic initiatives, such as mergers and acquisitions, capital investments, and business expansions.
Scope
- Setup & Develop Shared Services (Centralized Team) for GL/AR/AP.
- Ensure all legal requirements are accurate and on time
- Sufficient funds available
Problem Solving/Decision Making
- Collective Decision making with unit HOF/FBP & Corp. Treasury for Cash flow requirements.
- Defining allocation logics for common/regional expenses.
- Supporting
Working Relationships
- Internal
- Direct report to IMEA Head of Finance
- Business partner to HR and IT executive leaders
- Part of IMEA Finance leadership team
- POC for the corporate controlling and treasury leaders
- External
- Regular contact with banks and external auditors
Knowledge and Experience
- Qualified Chartered Accountant
- Expert in accounting. Minimum 10 years of experience in accounting or finance areas, with at least last 4+ years’ experience in BIG 4 company.
- Strong knowledge of accounting principles (US GAAP/IFRS/IAS) and financial reporting
- Proficiency in financial software and Microsoft Office (Excel, PowerPoint).
- Experience with ERP systems (Dynamics D365 preferred) and financial analysis tools.
- Internal Controls Knowledge and experience
- General standard costing knowledge
- Strong knowledge in Tax, Transfer pricing practices
- Analytical skill, eye for detail, accuracy, with high working standard
Work Environment
- Expected to Travel once in 2-3 months.
- Frequent Travel location – India, UAE, Africa – Rwanda, Kenya, South Africa, etc.