19 Sep
|
Fossil Group
|
Bengaluru
19 Sep
Fossil Group
Bengaluru
Job Title: Financial Controllers
Job Category: Finance
Job Location: Bangalore, India
Job Status: Full Time
Mode: Hybrid ( Mon - Thurs work from office & Fri Work from Home)
Scope
- To act as the controllership owner for the assigned entity, ensuring
accuracy, completeness, and integrity of the Profit & Loss (P&L;) and
Balance Sheet.
- Drive financial governance and ensure all financial reporting aligns with
accounting standards, corporate policies, and regulatory requirements.
- To serve as a bridge between business, finance operations, and corporate
controllership, ensuring financial information is accurate, validated, and
aligned with business performance.
- Provide oversight and coordination across finance streams to enable
reliable financial reporting and decision-making
Job Description
- Own and review the complete P&L; and Balance Sheet for the assigned entity/entities, ensuring accuracy, completeness, and compliance with accounting standards and corporate policies.
- Partner with Sales and Commercial teams to validate revenue-related financial information and ensure proper accounting treatment.
- Ensure financial reporting accurately reflects commercial activities,
contractual arrangements, and business transactions.
- Validate financial movements, analyze fluctuations, and ensure appropriate accounting treatment across all key areas.
- Coordinate closely with AP, AR, GL, Tax, Treasury, and licensing teams to ensure all financial transactions are accurately reflected in the books.
- Ensure inter-functional alignment and timely resolution of accounting or
reporting discrepancies.
- Perform detailed Balance Sheet and P&L; reviews, including variance
analysis, trend reviews, and validation of key accounting entries.
- Identify unusual movements, investigate root causes, and ensure
corrective actions are implemented.
- Act as the primary controllership contact for the assigned entity, ensuring
all monthly, quarterly,
and annual financial submissions are accurate and
timely.
- Review reporting packs before submission to Corporate Controllers and ensure compliance with reporting timelines.
- Collaborate with the FP&A; team to review budget vs actual performance and ensure alignment between financial reporting and business forecasts.
- Validate actual financials and provide explanations for key variances
impacting reported performance.
- Ensure adherence to internal controls, accounting policies, and governance frameworks across all financial reporting activities.
- Identify control gaps or financial risks and coordinate remediation actions with relevant stakeholders.
- Support and coordinate internal and external audits, ensuring availability of reconciliations, schedules, and supporting documentation.
- Address audit observations and ensure timely closure of audit-related
issues.
- Review and monitor entity-level reconciliations, provisions, accruals, and
adjustments to ensure completeness and accuracy of financial statements.
- Ensure all accounting entries are adequately supported and approved.
- Drive continuous improvement in financial controllership processes and
reporting quality.
- Work with operational finance teams to improve data accuracy, strengthen
controls, and enhance reporting efficiency.
- Act as a financial governance and review layer between operations and
business teams.
- Ensure financial integrity is maintained while balancing operational realities
and business requirements
Required Skills andExperience
- CA or CPA
- 4... 16 years of relevant experience working with captive centres
- 5--20 years of knowledge of using Global ERP systems (SAP, Navision,
Oracle)
- Strong P&L; and Balance sheet review exposure
- Robust Analytical and business judgments
- Advanced Excel and/or tools (Power BI, Hlookup, Vlookups)
- Able to coordinate with multiple stakeholders and multiple priorities
during the month end/Quarter end
- High Attention to detail with quality first mindset
- Strong Stakeholder communication
📌 Financial Controller (Bengaluru)
🏢 Fossil Group
📍 Bengaluru