AddressAbout the Client :
Our Client is an MNC in Services.
As a global company with a heritage of fairness, equality, and inclusion, the company empowers all its people to deal with problems and opportunities when they arise.
From its origins in 1900s, it has been a people organisation with a strong belief that individuals who work together make a difference. 'We know that when we get things right, it enhances lives and makes the world work better - and that is what drives us.'
Starting in mid-2000s it is today a significant player in the Facility Management & Professional Services industry in India.
It is amongst India's Best Workplaces to work as per The Great Place to Work Institute.
About the Vacancy:
Position: VP/ Head-Business Controlling
Role:
Business Partnering:
- Work with business heads to support and drive the business growth
- Leading/guiding team of Business Controllers and leading from the front
- Managing and driving business and financial KPIs
- Driving profitability and efficiency improvement
- Owning full P&L and Balance sheet along with business heads
- Managing key stakeholders
- Driving cross functional relationship
- Budgeting
- Responsible for preparation and managing the annual country budget & forecasts as per timelines and guidance
- Finalization of departmental cost center budget
- Finalization of segment/ region budget
- Thorough variance analysis and identifying the key drivers
- Restructuring/realignment of different service lines /Business
- Merger of one business with the other as per the management's decision
- Disposal or closure of some business as per the management's decision
- Revenue assurance & Cost Controlling
- Analyzing & Challenging direct and indirect cost
- Identifying potential Cost optimization areas
- Reviewing, evaluating, and recommending improvements to internal control systems and procedures that enable cost control
- Building an effective process for avoid revenue leakage
- Serving as an advisor and agent to implement efficient accounting and financial policies and procedures that would lead in controlling costs & increasing profits
- MIS & Reporting
- Managing preparation of reports
- Timely Group reporting with zero deviations
- Reporting and presentation of the financial outcome, business plans and projections to local management
- Preparation and publishing timely monthly financial statements, incl. variance analysis of the results for ISS India
- Supporting and preparation of year-end processes and reporting
Other Financial Activities
- Analyzing financial and operational information, identifying strengths/weaknesses and recommending improvements in methods and processes
- Financial investigation and analysis of Regional performance in all areas to management
- Overseeing and developing the planning model within the Region through, target setting, action planning, financial projections and simulations as well as follow up and deviation analysis
- Responsible for managing the Cash Flow
- Proposing and participating in improvements to the overall company accounting model
- Proposing and participating in developing processes and procedures to minimize regions operational risks
- Proposing and participating in developing processes and procedures to achieve administrative efficiency and protection of company assets and values
- Overseeing that company policy, laws and regulations are complied with
- Ensuring quality control over financial transactions and financial reporting
- Developing and documenting business processes and accounting policies to maintain and
- Strengthen internal controls
- Managing and complying with local, state, and federal government reporting requirements and tax filings
- Handling Ad hoc-assignments that will strengthen and develop ISS India
- Team Management
- Developing team members & augmenting their development through proper training
- Addressing & guiding team members in case of any queries, concerns, internal conflicts
- Agreeing Key Point Indicator's (KPI's) of team member's & Appraising them on the basis of the same
Desired Skills:
- Should have handled Business worth 1000 Cr
- Should have worked in Matrix environment & in MNC
- Exposure to M&A would be desirable
Functional Skills:
- Financial Analysis, Audit & Reporting
- Mergers & Acquisitions
- Corporate Finance
- Budgeting
- Business Strategy
- Variance Analysis
- Internal Controls
- Generic Skills
- Collaborative
- A demonstrated ability of troubleshooting and problem solving
- Strong decision making and analytical ability
- Ability to communicate effectively both verbally and by email
- Highly organized, detail oriented and accurate
- Ability to prioritize work, meet deadlines and budget
- Well-developed customer service skills
- Team Management ability
- Ability to work under tremendous pressure
- Proactive goal-setting and the structuring of plans, actions and identification of appropriate resources (people and materials) required to achieve objectives.
- Offering innovative and original ideas that do not stem from existing processes and identifying less evident models or original combinations
- Integrating - Integrating and linking data into coherent information, identifying relationships between pieces of information, generating alternatives and logical and sound conclusions.
- Analyzing - Assessing information using a focused analysis and evaluation, gaining insight into cause and effect relations whilst using a critical and rational manner and differentiating the essential from the non-essential
Key Stakeholders:
- Internal Stakeholders
- Client Interaction
- Statutory & Government bodies & Financial Institutions
