Oracle Hiring for Assistant Financial Controller at Bengaluru, Karnataka, India Full Time

Preferred qualification: CA

• 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

Career Level – IC2

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.

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