Main purpose
This role is responsible for the accounting, reporting and control of the Trading legal entities with primary responsibilities of monthly closing of the books, entity-specific accounting policy, legal entity maintenance, account reconciliation & account structure management. The role will require an in-depth understanding of these entities including their business strategies, associated technical accounting and disclosure requirements.
Key responsibilities
Balance Sheet Review & Control
- Provide and support input into the end-to-end control and ownership of legal entity balance sheets for the division supported
- Drive the monthly financial close which entails analytical review and sign off of the balance sheet, profit and loss accounts for entities of the specified trading division
- Perform the month end close process including but not limited to revenue recognition checks, stock verification and valuation, debtors aging along with provision review, intercompany & related party balance confirmation
- Ensure strong control framework by implementing and maintaining effective internal controls
- Address ad hoc requests from various stakeholders and counterparts like consolidation, and regional accounting teams
- Coordinate with multiple teams on matters relating to intercompany settlements, transfer pricing, legal, compliance
- Analyse impact of various journals and processes on trial balance areas.
- Prepare monthly, quarterly and annual MIS packs, dashboards and KPI reports for management.
- Ensure timely and accurate month-end close inputs and reconciliation of reports.
Audit
- Liaise with external auditors during the group & statutory audits
- Coordinate with various functions to provide auditable support & evidence to external auditors
- Prepare audit documentations and walkthrough
Change Management
- Drive change projects to support any accounting policy changes or new reporting requirements for the legal entities in scope
- Challenge the current processes for improvement and constantly review processes for efficiencies
- Identify and escalate control gaps, data discrepancies and process improvement opportunities.
Tax Accounting
- Oversee accurate tax accounting, monthly tax provisions and tax-related financial reporting across assigned legal entities.
- Ensure timely preparation, review and filing of corporate income tax returns and compliance with local tax regulations.
- Support Pillar Two reporting, transfer pricing requirements and intercompany tax assessments.
- Coordinate with tax advisors, manage tax audits and assessments, and monitor tax payments, filing deadlines and overall tax risks
Required qualifications
- Minimum 1-3 years experience in Accounting.
- Chartered Accountant / post-graduation accounting qualification
- Determined and able to take end-to-end ownership
- Keen to question and challenge the existing processes with a view of creating reporting efficiencies and improvements
- Can work with multiple data sets, various systems and Excel
- Eager to take up fresh challenges and support the team wherever required
- Comfortable to work with non-accounting teams for regular activities and projects
Attributes for success
- Strong interpersonal skills
- Eager to take up fresh challenges and support the team wherever required
Department overview
The Financial Control & Reporting team operates across various APAC and MEA locations, acting as the entity-level financial reviewer, reporting to the Regional Controller. The team plays a critical role in ensuring accurate accounting, reviewed financial statements, compliance with applicable accounting standards, and effective financial controls across all legal entities. This covers both trading and non-trading entities, including financial reporting, reconciliations, P&L and balance sheet oversight, tax accounting, tax compliance, and ensuring accurate tax provisions and disclosures while mitigating financial and tax risks.
