Financial Controller – CA Verified Company

The Corporate Institute; Chennai; On-site; INR 1,500,000 - 1,900,000; Full time

Job summary

The Corporate Institute in Chennai seeks a Financial Controller to support regional finance teams in modelling, budgeting, forecasting and performance analysis. You will interpret trends to guide business decisions and oversee the Services P&L, cash flow, and balance sheet across the region.

You will lead financial planning, control processes, audits, and external relationships, working with an offshore SSC and regional Delivery controllers to ensure accuracy and timely reporting.

Qualifications

• Fully qualified accountant (ACCA/CIMA)
• Proven experience in Finance and Accounting (5+ years)
• Knowledge of percentage of completion services revenue recognition is essential
• Highly analytical with good presentation skills
• Experience in an MNC IT/software business environment preferred
• Fluency in English and strong communication with senior management
• Experience with IFRS and audit procedures

Responsibilities

• Collaborate closely with Services Operations and regional Finance teams
• Represent finance in regional scorecard reviews and PM review meetings
• Prepare the regional services scorecard and manage Services P&L
• Forecasting, budgeting and reporting of revenue, costs, and cash
• Oversee internal and external audits of services P&L and controls
• Manage offshore team in Shared Service Centre (SSC)
• Monitor Net Working Capital risks and cash flow projections
• Perform project profitability analysis and capacity planning
• Support project accounting, forecasting and control packs
• Maintain Hyperion data and ensure timely journal postings
• Consolidate balance sheet analysis for the region
• Prepare BV sheets for services and drive process improvements

Skills

Analytical skills

Presentation skills

English fluency

MNC IT/software domain experience

Stakeholder management

Education

ACCA/CIMA

Tools

Hyperion

Oracle

Microsoft Office

Job description

Role: Financial Controller

Experience: 5 – 9 yrs

Location: Chennai

THE ROLE:

You will support the regional Financial Controller in on-going modelling and analysis business performance, reporting, budgeting & forecasting. The position requires not only the collection of data but more importantly financial support through the interpretation and analysis of the trends and interrelationships that allow informed business decisions to be made.

KEY RESPONSIBILITIES:

• Work closely, build and develop relationship with the Services Operations team.
• Finance representative in the regional services scorecard review with Delivery Controller.
• Finance representative in the regional services project management review meetings.
• Preparation of the regional services scorecard.
• In depth understanding and management of the Services P&L.
• Communicate and convey results clearing, providing recommendations to meet financial targets.
• Revenue, Cost and Cash forecasting, budgeting and reporting.
• Managing the external and Internal audit of services P&L and process controls.
• Managing an offshore team based in the Shared Service Centre (SSC).
• Review and manage any risk and exposure in the Net Working Capital.
• Cash inflow management including forecasting and budgeting.
• Prepare analysis on project profitability and capacity planning to enable decision-making or help understand business drivers.
• Support regional controllers on project accounting, forecasting and preparation of project control pack.
• Assist delivery controller in maintaining process for reviewing Time and materials projects and ad-hoc analysis.
• Maintain Hyperion Database.
• Upload forecast in Hyperion, or ensure journal entries are done on time.
• Consolidate and provide analysis on the balance sheet for region.
• Prepare BV sheets for services.
• Improve processes and financial modelling.

SKILLS & EXPERIENCE:

• Fully qualified accountant (ACCA/ CIMA)
• Proven Experience in Finance and Accounting (more than 5 years)
• Knowledge of percentage of completion services revenue recognition is essential.
• Highly analytical with good presentation skills.
• Preference of at least 3 years relevant working experience within an MNC IT/software business environment.
• Adept and credible in senior management circles and perceived as a valuable business partner.
• Ability to negotiate with the business to achieve desired outcomes.
• Good understanding of internal controls, systems and process.
• Manage and drive key external relationships.
• Technical Expert.
• Experience at operating in an international environment.
• Good understanding of the business and ability to deliver operating plans.
• Fluency in English.
• Team-player with high ethical standards.
• Experience working with Microsoft Office, Oracle & Hyperion.
• Strong understanding of project accounting.
• Good working knowledge of IFRS standards and audit procedures.