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Assistant Financial Controller

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Oracle

15d ago

  • Job
    Full-time
    Mid Level
  • Legal
    Accounting & Tax

AI generated summary

  • You need a CA with 3+ years' experience, strong accounting knowledge, ERP familiarity, compliance awareness, auditing skills, and good communication to handle financial reporting and projects.
  • You will assist with accounting functions, maintain the general ledger, conduct reconciliations, prepare financial reports, ensure compliance, and support management decision-making.

Requirements

  • Preferred qualification: CA
  • IC2 - Minimum 3 Years Of Post-qualification Experience
  • Strong accounting fundamentals: Sound knowledge of accounting and reporting Standards (eg. Ind AS/ IFRS) and ability to interpret, assimilate and apply the standards/concepts in real life scenarios. Prior hands-on working knowledge will be an added advantage.
  • Working knowledge in an ERP environment.
  • High level knowledge of various laws and compliance requirements thereof, governing the country operations.
  • Review and approval of journal entries and perform monthly / quarterly reporting submissions to corporate as per the Global close guidelines.
  • Monthly review of the financial position of the legal entities assigned including the operating cash flows and liaising with Treasury / Tax on the intercompany settlements.
  • BS recs review on a monthly basis and driving resolution of aged open items liaising with various internal teams and timely risk reporting on P&L exposure to management.
  • Ensure critical issues are addressed on priority & appropriate remedial action initiated and streamline the go-forward process.
  • Ensure timely and qualitative audit completion (entity Statutory Audit, tax Audits, USGAAP group audit, internal and SOX audits).
  • Preparation of financial statements and notes to accounts including variance analysis with detailed explanations as well as Board pack covering financial highlights.
  • Maintaining a clear trail of all STAT adjustment entries and STAT schedules.
  • Preparing reconciliation between US GAAP and local GAAP and initiate necessary steps to bridge the balances as required.
  • Maintain the country exceptions document up to date by reviewing the current process vis-à-vis the changes, if any, driven by local regulatory requirements.
  • Reasonably good verbal and written communication skills - ensure stakeholder queries / adhoc requests are appropriately addressed on time without any delay there by avoiding escalations.
  • Actively participate in various country level, regional, global projects as may be assigned.

Responsibilities

  • As a member of the finance division, you will assist in accounting functions which may include general ledger, accounts payable, accounts receivable, fixed assets, and inter-company transactions.
  • Maintain the general ledger to include the preparation of journal entries, analysis, reconciliation and reporting.
  • Maintain and implement general accounting systems.
  • Conduct account reconciliation periodically, ledger close activities, and provide accurate financial data to support management in decision making.
  • Develop and prepare financial reports including profit and loss, income and balance sheet statements.
  • Review and analyze inter-company transactions.
  • Ensure all journal entries comply with internal and external audit specifications.
  • Participate in the ongoing development and maintenance of internal procedures and processes.
  • May participate in special projects.

FAQs

What is the preferred qualification for the Assistant Financial Controller position?

The preferred qualification is CA (Chartered Accountant).

How many years of post-qualification experience are required for this role?

A minimum of 3 years of post-qualification experience is required.

What knowledge is essential for this position?

Strong accounting fundamentals, including sound knowledge of accounting and reporting standards (e.g., Ind AS/IFRS), as well as the ability to interpret and apply these standards in real-life scenarios, are essential.

Is experience in an ERP environment necessary?

Yes, working knowledge in an ERP environment is necessary.

What types of financial reports will I be involved in preparing?

You will be involved in preparing financial statements, notes to accounts, variance analyses, as well as profit and loss, income, and balance sheet statements.

What responsibilities will I have related to audits?

You will ensure timely and qualitative audit completion, including entity statutory audits, tax audits, US GAAP group audits, internal audits, and SOX audits.

Will I need to engage with stakeholders in this role?

Yes, you will need to ensure that stakeholder queries and ad-hoc requests are addressed in a timely manner to avoid escalations.

How does Oracle approach diversity and inclusion in hiring?

Oracle is committed to expanding its inclusive workforce that promotes diverse insights and perspectives, ensuring that everyone’s voice is heard.

Are there opportunities for career growth at Oracle?

Yes, Oracle careers open the door to global opportunities and support work-life balance, encouraging professional development.

What is the contact number for accessibility assistance or accommodations?

You can reach out for accessibility assistance or accommodations by calling +1 888 404 2494, option one.

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