Director - Financial Control

Job Summary

FC Governance lead will be responsible to lead FC control governance framework for centralised financial controllership function and will support designing controls in accordance with ERMF principles and ensure compliance of same. Role will be responsible for rolling out UK ACG framework and ensure there are no major gaps / weakness in compliance of key controls This role will be key member of FC India leadership team and required in-depth understanding of how various functions contribute to achieving the organization goals and the commercial objectives.

The role will be accountable for keeping FC control documentation updated and oversee Balance Sheet Substantiation controls for the firm. Additionally, it will be responsible for periodic reviews of all key controls impacting Financial Reporting and designing effective KRI / KPIs for those controls and present in key governance forums. This role provides extensive exposure across the Business and diverse network of markets with opportunity to enhance control framework around Financial Reporting.

Role

The role will also have responsibility formulate and support right-shoring strategy for controller function under our Fit for Growth (FFG) program. In addition to oversight across the breadth of day-to-day delivery, the broad areas covered within this role include:

Designing & Overseeing Financial control framework working closely Finance risk gov & Ops risk teams
Strategic direction and oversight of designing controls & processes that will leverage and enhance financial control function's outcomes.
Creating the strategy for change in operating model design and optimising processes and controls with Product Control and other Business Finance teams
Support designing and execution of Finance Tech transformation journey

Key Responsibilities

Operating Model Strategy

Accountable & ownership for Policies and Standards impacting Financial Control functions e.g. BSS, Manual Journal etc
Collaborate with FRG, Product Control, Country Finance, and Finance leadership team to embed new controller Op Model, Control framework and process design.
Accountable for FCA (BSS tool) and KRI / KPI platform with help from Change & tech teams
Partner with the India Finance Leadership team to deliver a robust strategy to invest and grow talent / people Financial Control teams to enable delivery of operating model requirements.

Business and Processes (Global Process Ownership)

Control Governance

Responsible for FRCF - UK ACG framework for Financial Controller function
Implement and oversee strong control framework for the Finance controller function in India. Enhance monitoring and lead remediation of any material control gaps.
Run periodic training and communication around technical accounting and control governance.
Oversee the production and review of all KRI / KPIs for the function and run / manage all key governance forums.
Oversee Balance Sheet substantiation control and process for the firm. Ensure there are no material gaps in the process.
Manage all key policies impacting Financial Control function and ensure periodic refreshes / updates of same
Design effective risk management framework between Country Finance, Group and India Financial Control teams to ensure and evidence remit of accountabilities under right shoring of controllership
Drive standardisation and optimisation in key processes and controls.
Oversee transition of responsibility and accountability from country & group finance teams to India
Support coordination with central teams, risk and compliance teams for necessary compliance of right-shoring documentation and requirements.
Perform periodic deep dives on key finance control processes to ensure there are no major control gaps.

Change Management

Represent the function at the governance forums in place for change initiatives and influence decisions in respect of the change backlog, prioritisation, and choice of technology tools.
Lead design as SME in relevant change initiatives and ensure seamless execution of requirements.

People & Talent

To lead, inspire and motivate the teams ensuring that everyone achieves their potential and that the team delivers its collective agenda
Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
Employ, engage, and retain high quality people, with succession planning for critical roles.
Responsibility to review team structure/capacity plans.
Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

Risk Management

Responsible for identifying, assessing, monitoring,…