Manager – Forwarding Finance – Global Service Centre- BT

Key Responsibilities

Financial Reporting & Analysis and Regulatory Compliances:

• To ensure timely closure of all accounting processes.
• To ensure all monthly and annual Financial Reports are prepared accurately and on time.
• To ensure monthly, quarterly and annual analysis of consolidated financial statements and submissions.
• To ensure all financial reporting is done as per Indian GAAP, IFRS, US GAAP, and Ind As.
• To ensure all financial reports are audited satisfactorily and on time.
• To ensure compliance with the Companies Act.
• To ensure compliance with Internal Financial Controls and/or SOX Compliance.

Costing:

• To ensure project/activity-based costing is prepared and variance is analyzed.
• To ensure Cost Audits are done on time.
• Oversee costing processes to ensure accuracy in product development and project costs, providing necessary support to BD

Revenue Accounting:

• To ensure accurate provisioning of all Receivables annually and Revenues monthly.
• To ensure billing adheres to all tax compliance.
• To ensure timely transfer of funds from overseas account to corporate account.
• To ensure MIS for revenue accounting is on time.
• To ensure all credit notes and thoroughly cross-checked and approved by the CFO before it is issued.

Consolidation of Accounts and Expense accounting:

• To ensure consolidation of all reports are done on time for reporting purpose
• To ensure the Trial balance of all overseas entities/operation is reviewed frequently.
• To ensure accurate provisioning of all employee expenses.
• To ensure on time Audits and all recommendations of the statutory audits are implemented on time.

Strategic Planning, Performance Analysis, and Team Leadership:

• Collaborate with the CFO and Business Unit Heads to develop budgets and financial plans for the company, including evaluating new capital expenditure (capex) needs.
• Analyze monthly financial performance of each business unit against the budget and the previous year’s results. Work with the Finance Lead, CFO, and Business Unit Heads to identify and implement corrective actions when necessary.
• Assist the CFO in preparing and presenting financial reports to senior executives, stakeholders, and the board of directors. Prepare detailed commentary for monthly, quarterly, and annual results, highlighting key financial insights and variances.
• Support and motivate the finance team by clarifying roles, providing constructive feedback, and fostering a positive working environment. Work closely with the CFO to identify opportunities for team development and to align team efforts with organizational goals.
• Manage relationships with statutory auditors, anticipate any audit challenges, and ensure the timely and satisfactory resolution of audit issues while maintaining high audit compliance standards.
• Manage the consolidation of financial results for the holding company and ensure accurate accounting for the holding company’s financial matters.
• Establish and oversee the quarterly balance sheet review process at the business unit level, addressing deviations or non-compliances.

Business Transformation Key Responsibilities:

• Lead automation of financial processes to improve efficiency and reduce manual work.
• Hands-on experience in writing Business Requirement Documents (BRD) and Functional Specifications to clearly translate business needs into technical requirements.
• Define and implement a comprehensive Testing Strategy to ensure solution quality and alignment with business goals.
• Manage end-to-end solution deployment, including coordination with development and infrastructure teams.
• Prepare and maintain detailed Testing Documentation, including test plans, test cases, and test reports, to support quality assurance processes.
• Implement digital tools to ensure compliance and accuracy.
• Utilize advanced analytics and real-time dashboards to enhance financial reporting and enable data-driven decision-making.
• Oversee integration of financial systems for improved data flow and alignment with transformation goals.
• Foster a culture of continuous improvement, equipping the finance team with skills to leverage digital tools and automation.
• Manage change initiatives for smooth transitions to new systems, ensuring effective communication with stakeholders.

Qualification & Requirements

Skills & Competencies:

• 8+ years of experience in finance, with at least 5 years in a managerial role in finance operations, preferably in a shared service centre or freight forwarding industry.
• High level of integrity
• Strong attention to detail and commitment to high-quality financial reporting and compliance.
• Proactive in identifying and solving financial issues.
• Excellent organizational and time management skills.
• Strong analytical, leadership, and communication skills with the ability to collaborate across teams and present financial insights to senior management.

Education & Qualifications:

• Ideally a qualified or Semi-qualified Chartered Accountant with 8-12 years management experience in a financial reporting role
• Proficient with MS Office applications.
• Extensive knowledge of financial reporting standards (Indian GAAP, IFRS, US GAAP, Ind AS), costing, revenue recognition, audit procedures, and financial planning.

Benefits

• Insurance Benefits
• Retirement Benefits
• Vacation Policy
• Other Perks and Benefits…