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Assistant Manager- Group Finance

Employer
Fidelity International
Location
Gurgaon, India
Salary
Competitive
Closing date
26 Apr 2024

View more

Sector
Finance and Accounts
Role
Assistant
Contract Type
Permanent
Hours
Full Time

Job Details

About the Opportunity
Job Type: Permanent

Application Deadline: 28 April 2024

Job Description

Title Assistant Manager - Financial Control

Department Financial Control

Location Gurgaon

Reports To Associate Director - Financial Control

Level 4

We're proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our Financial Control team and feel like you're part of something bigger.

About your team

The financial control team is responsible for month-end closing, board reporting, CFO reporting and regulatory reporting for the legal entities. The team is also responsible for providing management information, monitoring risks & controls, ensuring compliance with the financial regulations of the local regulators, etc.

About your role
This role is an excellent opportunity to gain a strategic understanding of financial controllership and Inter Company arrangements in FIL's Financial Services. The role would also require leading Intercompany capability hub team and its significance in Legal Entity Controllership

The role will involve following key responsibilities (but not limited to):

  • Work with Treasury for finalizing Net Settlement numbers for FIL Group of entities
  • Performing Intercompany accounting entries through AP/AR and GL module for settlement of monthly IC balances
  • Performing Direct cost recharge for FIL Group of entities
  • Resolves intercompany variances (exceeding the threshold) within month-end reporting timelines
  • Performs preliminary and final Intercompany reconciliations for all locations
  • Works with appropriate accounting contact persons for Intercompany transactions not going through CFP
  • Month end governance on all Intercompany account balances and resolves breaks at Entity ICP level
  • Managing Third Party billing for various services provided by FIL Group of entities
  • Validation of allocation keys with business to compute the cost of service
  • Present and lead various working group calls with onshore partners on monthly basis
  • Communicating with senior stakeholders (including within Tax, Management Accounting and Business Finance teams) in performing analytical reviews to understand expense/ revenue trends.
  • Dealing with ad-hoc queries from stakeholders and finance community. This will include assisting with handling internal or external reporting and other financial analysis.
  • Ensure the year-end audit process including preparation of Financial Statements happens smoothly and in a timely manner.
  • Ensuring completeness and accuracy of the transfer pricing agreements with other group companies.
  • Responsible for maintaining a constructive and professional relationship with similar onshore grade levels as well as other key onshore and offshore stakeholders.
  • Responsible for maintaining up to date procedure & governance documentations.
  • Work closely with the global financial control teams across UK, Europe, Asia and India.
  • Work on key initiatives based on business requirements. Identify, design, and implement process improvement initiatives for increased efficiency.

About you
  • Qualified CA or an equivalent degree with more than 4-6 years of relevant work experience in Finance with exposure to accounting, data analytics and reporting;
  • Ability to balance attention to detail, to ensure accurate reporting and reconciliation, should see the bigger picture about financial transactions, and an appetite to dive into issues in depth as needed;
  • Collaborative approach to develop, share, accept and implementation of ideas;
  • Strong financial reporting knowledge and awareness of current accounting issues;
  • Identify opportunities & implement solutions to improve process;
  • Knowledge of CFP and SmartView will be an advantage;
  • Strong communication skills with the ability to interact effectively at all levels;

Feel rewarded

For starters, we'll offer you a comprehensive benefits package. We'll value your wellbeing and support your development. And we'll be as flexible as we can about where and when you work - finding a balance that works for all of us. It's all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

Company

Looking after you and your future

Here at Fidelity International, we care about people. You’ll have the freedom to take control of your career while we support your development in an environment surrounded by smart, passionate people. Simply because we believe that growth is key for long-term success. That’s why we provide regular training, mentoring and networking opportunities across the business - to support you and hone your skills as you progress within your current role and beyond. Our end goal is to help one another achieve the best personal and business outcomes.

We invest in you

Helping our people develop is at the core of our business. We believe that everyone should have the freedom to move in a direction that feels right for them. Career development isn’t a simple training course, or a qualification – it’s about satisfying curiosity and every individual’s goals, both professional and personal. We constantly look for new ways to help our people enjoy a fulfilling and long-term career at Fidelity.

What we have to offer

Depending on your location and job role, we offer benefits that are flexible and adaptable to your life stages, career and family circumstances. The benefits are designed to benefit both you and your family with support for physical, financial and emotional wellbeing.

Healthcare, medical checks and helplines - benefits to support mental and physical well-being for you and your family

Pensions, savings and discounts - retirement and savings that provide for your future

Life cover, company sick pay and family leave - financial protection that offers piece of mind should the unexpected occur

Our differences make us stronger

If you work here, you’ll find that we care deeply about creating a supportive place where all our people feel valued and free to be themselves. For us, commitment to Diversity and Inclusion is not only right, it’s critical for a healthy culture and leads to better business outcomes. That’s why we have an environment where all our differences are welcomed and celebrated.

Over the years, we have made huge progress on Diversity and Inclusion. But we are dedicated to improving and will continue to progress on creating an environment that reflects the full diversity of the communities where we work, and on making sure that all our people feel they belong.

Our strategy

We have set three company-wide priorities for our global Diversity and Inclusion strategy:

Diversity - Increase the diversity of people at all levels of our organisation

Inclusivity - Strengthen our inclusive culture where everyone’s voice is heard

Reputation - Enhance our presence with clients and communities as an inclusive company

How we encourage inclusion and diversity

At Fidelity, we value and respect all the differences that make us who we are, including: age, cultural background, ethnicity and race; disability and mental health, gender, gender identity and expression, sexual orientation, and social background. Our activities focus on these global priorities:

Cultural diversity

With 46 offices across 27 countries, we have a wonderfully diverse community and have respect for different cultures, nationalities, ethnicities and beliefs.

Enable

We are committed to improving accessibility and enablement for our employees with different abilities and health conditions.

Gender

We are dedicated to achieving a greater gender balance and narrowing the gender pay gap.

LGBT+

We embrace our LGBT+ employees and communities, and support people to express their sexual orientation and gender identity at work.

Fidelity for Everyone

Each of our regions has a Fidelity for Everyone network which aims to involve our people in supporting and strengthening inclusion and diversity through speaker events and activities. We also host networking events and provide opportunities for people to let us know how we can improve.

Here’s how we support and encourage accessibility and enablement:

  • Signatory of The Valuable 500 to make disability a business leadership issue
  • Enable disabled employees and job candidates to perform to the best of their ability through making reasonable adjustments
  • Our Mental Health Champions promote an open culture around mental health
  • Celebrate business success stories of our disabled role models
  • Uphold best practice digital accessibility standards for employees and customers

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