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Associate Finance Controller

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A.P. Moller - Maersk

Nov 5, 2024

  • Job
    Full-time
    Senior & Expert Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Chennai
  • Quick Apply

AI generated summary

  • You need strong accounting knowledge, SAP & OneStream experience, 7-10 years in accounting/reporting, advanced Excel skills, and a degree in Finance/Audit, with GAAP/IFRS understanding.
  • You will manage month-end accounting, ensure IFRS compliance, validate records, reconcile balance sheets, coordinate with auditors, and support regional projects while adhering to governance policies.

Requirements

  • Sound knowledge in accounting & reporting tasks
  • Knowledge in SAP & OneStream
  • Analytical & Problem-Solving skills
  • Effective and timely communication with all stake holders involved
  • Good understanding of month end activities and financial consolidation
  • Degree in Accounting/Audit/Finance or equivalent with understanding of GAAP and IFRS guidelines. Professional qualification is an added advantage
  • 7-10 years of prior experience in accounting & reporting
  • Microsoft office proficiency (advanced excel is a must)
  • SAP experience

Responsibilities

  • Perform month end accounting and reporting activities complying with IFRS, using SAP, BW, OneStream, MS Excel and other process specific tools.
  • Pass journal entries for monthly basis for timely book close related to accruals and provisions
  • Ensuring correct accounting, controlling and reporting in SAP at all levels: GL, cost centre and Internal Order; monthly accruals postings.
  • Review, validate and update the accounting records, reporting and ensure those are compliant with the IFRS requirements.
  • Perform Balance Sheet reconciliation and ensure that liabilities are cleared on time & no aged open items beyond SLA.
  • To ensure that adequate visibility of all items in the P&L and Balance Sheet is provided to all stakeholders and deliver necessary management reports.
  • Coordination with internal and external auditors, as required.
  • Ensure the compliance of tax, legal and transfer pricing matters wherever applicable.
  • Ensure corporate governance policies and procedures are in place and up to date
  • Adherence to RICC control framework, perform controls attestation.
  • Will support Region Team for Region Related Projects and Requirements

FAQs

What is the primary role of an Associate Finance Controller?

The primary role of an Associate Finance Controller is to support control processes and produce high-quality financial data and reporting, ensuring compliance with IFRS and effective use of tools like SAP, BW, OneStream, and MS Excel.

What educational background is required for this position?

A degree in Accounting, Audit, Finance, or equivalent is required, along with an understanding of GAAP and IFRS guidelines. A professional qualification is an added advantage.

How many years of experience are required for the Associate Finance Controller role?

The role requires 7-10 years of prior experience in accounting and reporting.

What specific software knowledge is necessary for this job?

Knowledge of SAP and OneStream is necessary, along with proficiency in Microsoft Office, especially advanced Excel.

What are the key responsibilities of this position?

Key responsibilities include performing month-end accounting and reporting, passing journal entries, ensuring compliance with IFRS, performing balance sheet reconciliations, and coordinating with internal and external auditors.

Will the Associate Finance Controller be involved in compliance matters?

Yes, they will ensure compliance with tax, legal, and transfer pricing matters wherever applicable.

Is there a focus on corporate governance in this role?

Yes, the role requires ensuring that corporate governance policies and procedures are in place and up to date.

How is performance measured for this position?

Performance is measured by the efficiency and accuracy of financial reporting, compliance with accounting standards, timely completion of month-end activities, and effective communication with stakeholders.

Will the Associate Finance Controller collaborate with other teams?

Yes, they will support the Region Team for region-related projects and requirements.

How does Maersk approach diversity and inclusion in hiring?

Maersk is committed to a diverse and inclusive workplace and welcomes applicants without regard to various characteristics protected by applicable law.

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A.P. Moller - Maersk

Transportation
Industry
10,001+
Employees

Mission & Purpose

Maersk is a global leader in integrated container logistics, providing comprehensive shipping and supply chain services. The company specialises in container shipping, port operations, and supply chain management, helping businesses around the world move goods efficiently and reliably. Maersk's ultimate mission is to simplify global trade and make it more sustainable, enabling businesses to connect with markets across the globe. Their purpose is to drive the global economy forward by offering seamless, end-to-end logistics solutions that reduce complexity, increase efficiency, and promote environmental sustainability in international trade.