Senior Manager - Controllership

9 Hours ago • 10 Years +

Job Summary

Job Description

The Senior Manager - Controllership will lead the controllership function for multiple business units across India. Responsibilities include managing the monthly US GAAP closing process, reviewing reconciliations, ensuring compliance with global policies, advising on accounting and internal controls, leading the Record to Report team, managing cost allocations, preparing quarterly financial statements, managing audits, monitoring regulatory compliance, and leading corporate and local finance projects. The role involves supporting tax and treasury functions and supporting the commercial team. This individual will lead, coach, and mentor diverse teams.
Must have:
  • Qualified Chartered Accountant or CA & CS
  • 10+ years experience in Controllership
  • Experience in US MNC or large Indian MNCs
  • Sound financial management and accounting application
  • Knowledge of US GAAP and IGAAP financials
Good to have:
  • Experience working with Oracle or other ERP systems

Job Details

It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.

It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.

 

Who are we?

 

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.

 

Wabtec is focused on performance that drives progress and unlocks our customers’ potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more!

Reporting:

Sr. Controller will be leading controllership function for multiple business units across India and report to the Director Finance & Controllership.

Key Responsibilities:

  • Managing the overall process of monthly US GAAP Closing, driving accuracy and completeness of financials. Ensuring One Stream / Hyperion, OBIEE, Oracle financials are matching with sub ledgers.

  • Critical review of reconciliations, accounting & reporting processes to enable accurate and complete financial reporting. Driving closure of open items with Operations, Materials, Sourcing, Finance managers and other functions.

  • Regular connect with global Controllership & Finance teams to ensure compliance to the global policies / DOAs while ensuring consistency with local requirements. Advising on accounting / internal controls and maintaining good relationships with finance managers / business managers to build a strong control environment across operating units and legal entities.

  • Provide support to all locations across India and have pro-active approach in implementation of internal controls. Developing policies & procedures to ensure compliance with internal controls /SOX / ICFR framework

  • Leading Record to Report team and have proactive approach to identify operational accounting risks. Ensuring accurate FAR, Inter-co billing and settlement of transactions, Aging analysis of AR / AP and maintaining accuracy of General Ledgers.

  • Managing process for Cost allocations between group companies / Business Segments in consultation with finance managers, Tax / HR. Preparation of segmented financials and ensuring compliance with transfer pricing guidelines.

  • Managing entire process of preparation of Quarterly stat financials, strong review of all US GAAP -local GAAP adjustments, meeting timelines for audit and submitting financial to JV partner. Handling ad hoc data requirement per JV agreement and local regulations.

  • Leading Internal, Statutory, Cost, SOX, US GAAP & Tax audits of entities and ensure timely and accurate financials. Ensuring Zero audit qualifications by pro-active connect with all functional leaders.

  • Tracking / Managing Regulatory Compliance metrics in Legatix tool. Supporting compliance tasks with company secretarial responsibility as per the Companies Act and Secretarial standards. Ensuring Board, Shareholder meetings are organized, recorded & all regulatory filings are completed within defined timelines across legal entities.

  • Monitoring CSR budget, MSME compliances and regulatory filing across legal entities.

  • Leading corporate driven projects / local finance projects for simplification & standardization of ERP Systems / reporting package, supporting financial accounting processes for merger & acquisitions and rationalization of entity structures.

  • Supporting tax function in Transfer Pricing study, RTA, Advance Tax computation, various filings and Tax assessments.

  • Supporting Treasury function with bank authorizations, cash flow planning, dividend payments, Credit Rating, Timely clearances of foreign transactions compliance etc.

  • Supporting commercial team with required financial information for new projects and bids.

  • Lead, coach & mentor diverse teams to leverage maximum contribution.

Requirements

  • Qualified Chartered Accountant or CA & CS with more than 10 years of experience in Controllership & Accounting in US MNC / large Indian MNCs having multi- locational presence and  manufacturing set up.

  • Sound financial mgt. & accounting application, strong analytical & problem-solving skills. Good knowledge of US GAAP and preparation of IGAAP financials.

  • Well versed with audits management & internal control framework. Experience of working in Oracle / other integrated ERP will be an added advantage.

  • Ability to multi-task, attention to detail and experience of working with diverse teams located across India.

Desired characteristics:

  • Ability to work independently with Strong business and financial acumen

  • Flexible approach with a strong team spirit, ability to adapt to a changing environment.

  • Strong interpersonal, leadership and prioritization skills.

Our Commitment to Embrace Diversity:

Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.   

To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.

We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Who are we?

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.

Wabtec is focused on performance that drives progress and unlocks our customers’ potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more! http://www.WabtecCorp.com

Our Commitment to Embrace Diversity:

Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.  

To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.

We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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About The Company

Want to move the world? Want to innovate and bring that innovation to life? At Wabtec, we are in the business of realizing potential – that of the transportation industry, and yours! Drawing on nearly four centuries of collective success across the vibrant portfolios of Wabtec, GE Transportation and Faiveley Transport, we offer employees hands-on opportunities all over the world to shape the future of transportation – as well as their own. Wabtec is focused on performance that drives progress, leveraging our digital expertise, technological innovation, and world-class manufacturing and services to create transportation solutions that move and improve the world. Along with our industry-leading portfolio of products and solutions for the rail and transit industries, Wabtec is a leader in mining, marine, and industrial solutions.

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