Assistant Manager- Group Finance

Employer
Fidelity International Limited
Location
India
Posted
Apr 20, 2024
Closes
Apr 27, 2024
Ref
4657550622
Work Mode
Hybrid
Hours
Full Time
Employment Type
Permanent
Organization Type
Corporate
About the Opportunity

Job Type: Permanent

Application Deadline: 28 April 2024

Title Assistant Manager - Financial Control

Department Financial Control

Location Gurgaon

Reports To Associate Director - Financial Control

Level 4

We're proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our Financial Control team and feel like you're part of something bigger.

About your team

The financial control team is responsible for month-end closing, board reporting, CFO reporting and regulatory reporting for the legal entities. The team is also responsible for providing management information, monitoring risks & controls, ensuring compliance with the financial regulations of the local regulators, etc.

About your role

This role is an excellent opportunity to gain a strategic understanding of financial controllership and Inter Company arrangements in FIL's Financial Services. The role would also require leading Intercompany capability hub team and its significance in Legal Entity Controllership

The role will involve following key responsibilities (but not limited to):
  • Work with Treasury for finalizing Net Settlement numbers for FIL Group of entities
  • Performing Intercompany accounting entries through AP/AR and GL module for settlement of monthly IC balances
  • Performing Direct cost recharge for FIL Group of entities
  • Resolves intercompany variances (exceeding the threshold) within month-end reporting timelines
  • Performs preliminary and final Intercompany reconciliations for all locations
  • Works with appropriate accounting contact persons for Intercompany transactions not going through CFP
  • Month end governance on all Intercompany account balances and resolves breaks at Entity ICP level
  • Managing Third Party billing for various services provided by FIL Group of entities
  • Validation of allocation keys with business to compute the cost of service
  • Present and lead various working group calls with onshore partners on monthly basis
  • Communicating with senior stakeholders (including within Tax, Management Accounting and Business Finance teams) in performing analytical reviews to understand expense/ revenue trends.
  • Dealing with ad-hoc queries from stakeholders and finance community. This will include assisting with handling internal or external reporting and other financial analysis.
  • Ensure the year-end audit process including preparation of Financial Statements happens smoothly and in a timely manner.
  • Ensuring completeness and accuracy of the transfer pricing agreements with other group companies.
  • Responsible for maintaining a constructive and professional relationship with similar onshore grade levels as well as other key onshore and offshore stakeholders.
  • Responsible for maintaining up to date procedure & governance documentations.
  • Work closely with the global financial control teams across UK, Europe, Asia and India.
  • Work on key initiatives based on business requirements. Identify, design, and implement process improvement initiatives for increased efficiency.

About you
  • Qualified CA or an equivalent degree with more than 4-6 years of relevant work experience in Finance with exposure to accounting, data analytics and reporting;
  • Ability to balance attention to detail, to ensure accurate reporting and reconciliation, should see the bigger picture about financial transactions, and an appetite to dive into issues in depth as needed;
  • Collaborative approach to develop, share, accept and implementation of ideas;
  • Strong financial reporting knowledge and awareness of current accounting issues;
  • Identify opportunities & implement solutions to improve process;
  • Knowledge of CFP and SmartView will be an advantage;
  • Strong communication skills with the ability to interact effectively at all levels;

Feel rewarded

For starters, we'll offer you a comprehensive benefits package. We'll value your wellbeing and support your development. And we'll be as flexible as we can about where and when you work - finding a balance that works for all of us. It's all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

Similar jobs

Similar jobs