British CouncilHiring for Manager Financial Accounting at Noida, Uttar Pradesh Full Time

Location: Noida, South Asia, IN

Company: British Council

The British Council builds connections, understanding and trust between people in the UK and other countries through arts and culture, education and the English language.

We work in two ways – directly with individuals to transform their lives, and with governments and partners to make a bigger difference for the longer term, creating benefit for millions of people all over the world. We help young people to gain the skills, confidence and connections they are looking for to realise their potential and to participate in strong and inclusive communities. We support them to learn English, to get a high-quality education and to gain internationally recognised qualifications. Our work in arts and culture stimulates creative expression and exchange and nurtures creative enterprise. We connect the best of the UK with the world and the best of the world with the UK.

These connections lead to an understanding of each other’s strengths and of the challenges and values that we share. This builds trust between people in the UK and other nations which endures even when official relations may be strained. We work on the ground in more than 100 countries. In 2019-20 we connected with 80 million people directly and with 791 million overall, including online and through our broadcasts and publications.

Job Title: Manager Financial Accounting

Purpose of job:
A criticial element of this role is to provide services to key businesses both in the UK and globally by developing the culture to promote service delivery excellence by incorporating the requirements from internal and external stakeholders.

This role will develop strong collaborative relationships to ensure integrity of financial information for successful delivery of the month / YEAR end consolidated reports.

The financial accounting team is supporting the UK Group Reporting team with preparing the Monthly / Year End Consolidation Reporting from SSC consolidated reports. The team works with the UK Group Reporting team and other finance staff.

Role context

This role is responsible for overall delivery of Responsible for the Month End/Year End Consolidation Reporting from SSC, The deliverables of the role will be aligned to changing requirements from the business as well as Strategic goals of SSC.

Demonstrates agility to align service delivery to changing business requirements and to enhance Customer /User experiences by implementation of continuous improvement and transformational initiatives

Drives continuous performance improvement to achieve parity between internal performance and external benchmarks for financial accounting services

Main opportunities/challenges for this role

Accountabilities, responsibilities and main duties

Manages delivery of Financial Accounting Strand from SSC as per services defined in the Under Pinning Contract ( UPC) and ensures quality through implementation of Quality Assurance Framework within service delivery:

Responsible for the Month End/Year End Consolidation Reporting

Perform month end closing activities with regard to consolidation of accounts (reconciliation, upload of exchange rates etc.) in line with the agreed reporting timetable for producing monthly & yearly reports (Consolidation system used is Business Planning & Consolidation).

Monitor / Perform month end closing activities with regard to consolidation of accounts in line with the agreed reporting timetable for producing monthly & yearly reports.

Producing year end consolidated financial accounts along with notes to account.

Producing statutory reports post the finalisation of annual accounts

Upload of OFF SAP Company Financials during the consolidation.

Posting of adjustment journals in consolidation system.

Producing year end consolidated financial accounts along with notes to account.

Producing statutory reports post the finalisation of annual accounts. Example Trust Accounts, Income in Kind, Whole Government Accounts reconciliation process etc.

Consolidation System

Ensuring maintenance of BPC administrative activities and work with technical team to resolve the issue. Identify and help resolve issues that arises & are critical to BPC

Identify controls in BPC to reduce manual intervention, improve efficiencies and create consistencies worldwide.

Audit Support & Projects

Liaison with audit team

Support critical projects which impacts the financial process etc.

Identify process improvement opportunities within the process and driving for getting these implemented

Year end and Audit support

Deliver the year end reporting tasks like preparation of notes to accounts, reconciliation with Consolidation System (Business Process Consolidation (BPC). generating reports from BPC, collation of year end information from regions, balance sheet review etc

Knowledge Management and Retention

Implements Knowledge management framework as per British Council standards.

Service delivery processes are documented and reviewed regularly to ensure its appropriateness

Create environment for cross skilling the team members for critical transactional services delivered by SSC

Stakeholder engagement

Effectively manages relationships with internal and external stakeholders including suppliers of services etc for predictable service delivery.

Leverages available platforms for keeping stakeholders engaged with areas of finance service delivery aligned to their business goals.

Creates collaborations with GPO, regional teams, UK Group reporting teams to improve effectiveness and compliances to financial processes

Provides regular performance updates to appropriate stakeholders.

Collaboration with GPO/ GIS and internal stakeholders to achieve the agreed transformational change objectives

Identification and management of risks. challenges associated to implementation of transformational changes through change management

Key Relationships

Internal – Director Finance Operations, Finance Corporate team in UK, Finance Group Reporting team in UK, Regional Finance Controllers, Internal Auditors, SSC Leadership Team, Finance staff, Function heads in SSC, Other Finance Hub Manager.

External – National Audit office

Role specific knowledge and experience

Expert level of experience in leading finance consolidation process and Controllership process

Must have worked in IFRS, UK GAAP

Business Planning and Consolidation (BPC)

Operating in international and multi-cultural organisations and managing stakeholders

Relevant experience of leading Financial Accounting and Consolidation activities for Global entities (Financial Accounting, Consolidation, Auditing, Knowledge of SAP, Business Planning and Consolidation (BPC) tool.

Financial Accounting & Consolidation Skills – A full understanding of group accounting and the impact of consolidation entries on the profit and loss account, the balance sheet, and the cash flow statement.

SAP skills (Level 2) Understands and has SAP knowledge relevant to the responsibilities based on the list of activities being performed.

Knowledge of data visualisation tools including Power BI, SAP BI etc.)

SAP ERP processes, Knowledge of Financial closing activities in SAP

Shared Services Operations

People skills to implement change programmes

Flexibility, independence and initiative to perform successfully in a rapidly changing environment

Preparation of Group Consolidated Financial Statement (Balance sheet, Cashflow)

BPC – advanced level of knowledge to how to import data into BPC, prepare journal entries and work through control failures to complete and close the month end consolidation

Fixed Assets Process

Qualifications

Chartered Accountant ACCA and relevant accounting degree

Relevant qualification from a premier institute

Further Information

Pay Band – 7

Contract Type – Indefinite

Department/Country – GSS Finance (Finance Centre of Excellence) / India – Noida

Closing Date (Time) – 21st Jun’22 (IST -23:59)

A connected and trusted UK in a more connected and trusted world.

Equality , Diversity, and Inclusion (EDI) Statement

The British Council is committed to policies and practices of equality, diversity and inclusion across everything we do. We support all staff to make sure their behaviour is consistent with this commitment. We want to address under representation and encourage applicants from under-represented groups, in particular, but not exclusively, on grounds of ethnicity and disability. All disabled applicants who meet the essential criteria are guaranteed an interview and we have Disability Confident Employer Status. We welcome discussions about specific requirements or adjustments to enable participation and engagement in our work and activities.

The British Council is committed to safeguarding children, young people and adults who we work with.

We believe that all children and adults everywhere in the world deserve to live in safe environments and have the right to be protected from all forms of abuse, maltreatment and exploitation as set out in article 19, UNCRC (United Nations Convention on the Rights of the Child) 1989.

Appointment to positions where there is direct involvement with vulnerable groups will be dependent on thorough checks being completed; these will include qualification checks, reference checks, identity & criminal record checks in line with legal requirements and with the British Council’s Safeguarding policies for Adults and Children.

If you have any problems with your application please email askhr@britishcouncil.org

Please note: Applications to this role can only be considered when made through the Apply section of our careers website. Our ‘ASK HR’ email is only to be used in case of a technical issue encountered when applying through the careers website. Emails with supporting statements and CV/Resumes sent to this email address will not be reviewed and will be deleted.