Finance Executive

Summary:

The Executive ­ Finance is a finance professional whose role is to support Senior Manager (SM) in providing accounting and management reporting support to assigned Business Units for the purposes of external reporting and internal management reporting.

Responsibilities:

Accounting, Reporting and Forecasting

• Assist the smooth and timely completion of accounting processes, including preparation of Profit & Loss reports, Balance Sheet and Cash Flows.
• Maintain responsibility for all financial procedures and records relating journal entries, general ledger, trial balances and financial reports including liquidity statements and balance sheet notes.
• Perform balance sheet review and control, ensuring preparation of Balance Sheet notes, bank reconciliation, sub­ledger reconciliations to GL control accounts.
• Interact with external and internal audit staff in reviews of accounting systems and controls, and oversee implementation of recommended changes to such systems or control procedures.
• Respond to requests for information and assist Countries on finance and accounting policies.
• Initiate accounting policy and procedure recommendations and other continuous improvement initiatives.

Investment, Capital Expenditure and Risk Management

• Monitoring and reporting of capital investments.
• Reconciliation of capex between accounting, commercial / projects, and tracking of cost to complete.
• Conduct impairment tests, and other accounting compliance requirements related to assets and investment.
• Reporting of exposures such as to foreign currency, interest rates, and forecast of such exposure for hedging.

Internal Controls & Compliance

• Ensures financial transactions are executed and recorded in compliance with applicable policies and procedure.
• Ensure the effectiveness of key internal controls over Finance Reporting, and the assurance over financial results in accordance with applicable standards e.g. revenue and cost recognition, expenditure capitalization, etc. c) Review of BU Balance Sheet notes and support Audits in relation to BU financial results as and when required.
• Establishment and updates of Segment Specific Financial Policy and Procedures.

Taxation

• Work with Group tax manager to plan fiscal structure such as to optimize short and long term effective tax rate.
• Ensure books of accounts are kept in compliance with tax requirements such as Intercompany procedures, Transfer Pricing procedures and Indirect tax compliance.

Requirements:

• Accounting Discipline: Well verse in accounting policies and procedures, and exercise sound judgment and diligence in compliance, escalates issues when necessary.
• Have 4-6 years of experience in Accounting.
• Problem Solving: Creative and innovative quality solutions to improve efficiency and effectiveness, quality conscious in financial reporting to ensure comprehensibility and user friendliness.
• Attention to detail and ability to cope with several tasks simultaneously and be deadline oriented.
• Analytical, good decision making skills, ability to manage external stakeholders including advisors, auditors, etc.
• Communication: advanced oral/written communication skills, negotiate effectively where necessary, dispute resolution, interacts frequently with peer groups, subordinates and senior management.