Regional Controller overseeing financial compliance and leading a performance team in Sri Lanka for London Stock Exchange Group. Ensuring accurate reporting and compliance with regulatory standards.
Responsibilities
Ensure excellent financial accounting, tax and statutory compliance service is provided throughout their region
Managing, training, developing and motivating a solid, business oriented, high performance team of approx. 7 to 8 Area Controllers and with an extended team of around 60 professionals
Review of statutory accounts prepared by the team, ensuring high quality, compliant deliverables
Able to lead and resolve technical accounting matters
Stewardship and review of financial documents for group and local compliance
Regular balance sheet and cost reviews
Handling primary relationship with Regional Tax department, Finance, Internal Audit, Treasury, General Accounting, Group & Statutory Auditors, and outsource Partners
Own all operational compliance requirements including various tax returns, tax reporting, provide support for tax audits, transfer pricing reviews, tax risk assessments, support in implementation of tax strategies
Ensure all statutory reporting and group reporting timelines are accurately met
Lead on relationship with auditors, driving resolution of issues and closing out audits in a timely manner
Take active role in any entity/divisional restructure and ongoing acquisitions or divestiture projects
Lead efforts to streamline the audit model to simplify and standardize the structure
Performance and evidence of controls
Optimize the services provided by outsourced partners
Pro active understanding of regulatory changes and the impact on LSEG accounting systems and also lead the organisational change process wherever necessary
Consistent track record of Work Force planning and transition management of critical roles
Ensure monthly accounting and quarterly reporting are completed timely and accurately in accordance with IFRS and company accounting policies
Ensure Transfer Pricing calculations are accurate and complete
Ensure all financial documents are accurate and complete
Prepare and review high quality, compliant financial statements.
Plan and implement statutory audits by coordinating with all key stake holders
Preparation and review of Board packs in support of financial statements and audit sign off
Oversee all tax compliance processes and ensure that knowledge is up to date
Coordinate with Tax team and outsourced service provider to timely prepare and file corporate income tax returns
Attend to operational issues and take necessary steps for prompt resolution
Handle and strengthen key relationships with Business finance, Tax department, external consultants and all other key departments
Motivate team members to perform their duties, provide necessary training and guidance
Requirements
Chartered Accountant or equivalent, required
Accounting Graduates having core prior experience in the specific areas as mentioned below
Chartered Accountant with 10 years of proven experience
Graduates- 10 to 12 years of core prior experience in relevant areas
Strong accounting background as well as a sound understanding of accounting regulations, Accounting Standards
A strong understanding of the latest development in IAS/IFRS
Ability to form excellent customer relationships, an understanding of customer focus and service delivery
Ability to work in an ambiguous environment where decisions need to be taken
Transition and work force management and planning
A good understanding of tax & statutory requirements
Efficient work ethics with validated ability to meet timelines
Clear and effective communication & interpersonal skills
Drive & self motivation with the ability to work independently & deliver under difficult situation
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