Legal Entity Controller - India & USA

The Legal Entity Controller for India & USA at OSTTRA will oversee financial operations, ensuring the integrity and accuracy of financial statements and reporting for both regions. This role involves managing periodic close processes, leading audits, ensuring tax and regulatory compliance, and coordinating treasury operations. The ideal candidate will be highly analytical, detail-oriented, and proactive in implementing process improvements, thriving in a fast-paced, growing environment while collaborating with various internal and external stakeholders.

Must Have

• Manage monthly, quarterly, and annual closing processes.
• Prepare financial reports and presentations for senior management.
• Lead statutory audit locally and support group audit.
• Manage Internal Audit across the legal entity.
• Ensure local tax compliance obligations (Corporate Tax, GST, Transfer Pricing) are met.
• Ensure compliance with all relevant regulatory filings (FEMA, Company House).
• Ensure full compliance with internal policies and procedures; set up control governance.
• Coordinate with Global Treasury for local treasury operations.
• Collaborate cross-functionally with Group Financial Control, FP&A, Business functions, and Technical Accounting.
• Perform sub-ledger to general ledger reconciliation and balance sheet substantiation.
• Proactively identify opportunities to enhance and streamline accounting processes.
• Lead initiatives/projects to support business-driven/system changes.
• Possess 10-12 years of relevant experience in accounting or finance, with a focus on Statutory Audit, Tax, compliances, and month-end.
• Good understanding of accounting principles and financial reporting, especially staff costs accounting.
• Advanced knowledge of IND AS and USGAAP.
• Experience in process & system transition (preferably SAP).
• Exceptional verbal and written communication skills.
• Excellent quantitative and analytical skills.
• Meticulous attention to detail.
• Ability to thrive in a fast-paced, dynamic environment and manage competing priorities.
• Proactive and solution-oriented mindset for problem-solving.

Good to Have

• CA / ICWA qualification.
• Specialization in Legal Entity controllers for at least the last 8 years.
• Strong experience with month-end close procedures and financial reporting.

Perks & Benefits

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off.
• Continuous Learning: Access to resources for career growth and new skills.
• Invest in Your Future: Competitive pay, retirement planning, continuing education program with company-matched student loan contribution, financial wellness programs.
• Family Friendly Perks: Benefits for partners and children.
• Beyond the Basics: Retail discounts, referral incentive awards.

About the Role:

OSTTRA India

The Role: Legal Entity Controller - India & USA

The Team: Osttra Finance Team is based out of the UK, India, Penang, Sweden and US. It is an entrepreneurial team, who is highly energetic, flexible, dynamic and works beyond boundaries to deliver the real values. We are standing up an independent global finance team.

The Impact: OSTTRA has the largest financial institutions in the world as clients. We believe that long-term value to the client is the most important goal of our team, and technology is the tool to bring that value, and your contribution in the form of delivery, improvements and innovations can have a significant impact on the financial system.

What’s in it for you: Legal Entity Controller will play a crucial role within the OSTTRA Finance Team, focusing on the financial oversight of India business and USA to ensure the integrity and accuracy of their financial statements and reporting. The ideal candidate is detail-oriented, highly analytical, and proactive in identifying and implementing process improvements to enhance accuracy, strengthen internal controls, and increase efficiency. This individual should also thrive in a fast-paced, growing environment.

Location: Gurugram, India

Working Hours: India Hours (the candidate must be flexible to support UK hours partially)

Role and responsibilities of a Legal Entity Controller for India & USA

The candidate is responsible for ensuring the ledger integrity encompasses several duties, including but not limited to:

• Technical Knowhow: Possessing a good understanding of accounting policies and their implementation in accordance with USGAAP/IFRS/IND AS. Also, someone who can collaborate with Group Controllers.
• Periodic Close: Manage the monthly, quarterly and annual closing processes. Prepare financial reports and presentations for senior management and external stakeholders.
• Audit: Lead statutory audit locally and support group audit. Manage Internal Audit across the legal entity.
• Taxation: Ensure local tax compliance obligations (Corporate Tax, GST and Transfer Pricing) are met with a high degree of accuracy and timeliness. Able to work and coordinate with the Group Tax team.
• Compliances: Ensure compliance with all relevant regulatory filings as required by local statutory laws. (FEMA, Company House)
• Internal Controls: Ensure the entity is fully compliant with internal policies and procedures. Set-up a control governance across financial processes.
• Treasury: Coordinate with Global Treasury to manage local treasury Operations (Working Capital requirements, Capital Repatriation, Cash forecast and capex)
• Stakeholder Management: Collaborate cross-functionally with teams such as Group Financial Control, FP&A, Business functions and Technical Accounting to strategically address and resolve ad-hoc financial and operational challenges.
• Reconciliation & Substantiation: Performing sub-ledger to general ledger reconciliation and substantiation of journals and balance sheet accounts to ensure accuracy and resolve any discrepancies promptly.
• Process Improvement: Proactively identifying opportunities to enhance and streamline accounting processes, leveraging automation and best practices to improve efficiency and accuracy.
• Initiatives / Projects: Lead initiatives / projects as required to support any business driven / system changes.

What We’re Looking For:

To be successful in this role, a Legal entity controller must possess a mix of Technical, Professional and People Leadership competencies.

• Experience: 10-12 years of relevant experience in an accounting or finance role, with a strong focus on Statutory Audit, Tax, compliances and month-end.
• Financial & Accounting Acumen: Good understanding of accounting principles and financial reporting with specialisation of staff costs accounting.
• Technical Accounting: Advanced knowledge of IND AS and USGAAP.
• Driving Change & System Implementation: Good working experience in process & system transition (Preferably SAP). As a process owner, can play a key role in implementations before go-live and can manage post go-live. Someone who embraces and champions change, thrive in dynamic environments, and drives innovation.
• Communication: Exceptional verbal and written communication skills, with the ability to present complex financial information clearly and concisely to key stakeholders (Group Controller, CFO, Board Members).
• Analytical skills: Excellent quantitative and analytical skills to interpret complex financial data and trends.
• Attention to Detail: Meticulous approach to reviewing financial data, reconciliations, and journal entries to ensure 100% accuracy.
• Adaptability: Ability to thrive in a fast-paced, dynamic environment and manage competing priorities effectively.
• Problem-solving: Proactive and solution-oriented mindset, with the ability to identify issues and implement effective resolutions.

Additional Preferred Qualifications:

• CA / ICWA
• Specialization in Legal Entity controllers for at least the last 8 years.
• Strong experience with month-end close procedures and financial reporting.

About Company Statement:

OSTTRA is a market leader in derivatives post-trade processing, bringing innovation, expertise, processes and networks together to solve the post-trade challenges of global financial markets. OSTTRA operates cross-asset post-trade processing networks, providing a proven suite of Credit Risk, Trade Workflow and Optimisation services. Together these solutions streamline post-trade workflows, enabling firms to connect to counterparties and utilities, manage credit risk, reduce operational risk and optimise processing to drive post-trade efficiencies.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20+ years: MarkitServ, Traiana, TriOptima and Reset. These businesses have an exemplary track record of developing and supporting critical market infrastructure and bring together an established community of market participants comprising all trading relationships and paradigms, connected using powerful integration and transformation capabilities.

About OSTTRA

Launched in 2021, OSTTRA unites four businesses that have been at the heart of post-trade evolution and innovation for over 20 years: MarkitServ, Traiana, TriOptima and Reset.

With an outstanding track record of developing and supporting critical market infrastructure, our combined network connects thousands of market participants to streamline end to end workflows – from trade capture at the point of execution, through portfolio optimization, to clearing and settlement.

Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology, playing a central role in supporting global financial markets. Learn more at www.osttra.com.

What’s In It For You?

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include:

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off helps keep you energized for your time on.
• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Recruitment Fraud Alert:

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Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.

If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.

US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law. Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf

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20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT203 - Entry Professional (EEO Job Group)