Accounting Controller

Job Purpose

The Accounting Controller (AC)  is a finance leader who is the linking pin within the operational model (liaising with all relevant stakeholders: Commercial and ISC navigators, FP&A, RAC, ACD and beyond) to meet the AN and operational goals for retained RTR, Finance and AN as a whole locally.

The KPI’s as below will explain the full area of operational coverage/control/reporting expected of this position

1. Timely closure of all accounting functions on the SAP System with a view to ensuring that all Group Reporting deadlines are met. These are to be in line with AKZO FEM rules and policies as they change. Manage SCOA as per FEM – 20%

2. Timely and accurate submission of all Monthly Financial Reporting requirements of Paints and Coatings Business within Moroccan Legal Entities and successfully resolving any queries arising there from. Group HFM monthly reporting is used as backbone. Local reports for the JV partner sent separately- 20%

3. Support Yearly Budget and revised forecasts with cross functional teams managing this as per BU’s plans. Review, analyze and plan reports for the business functionaries including Debt, Cash Flow, Transfer Pricing on monthly and quarterly basis. Treasury functions such as Hedging (as applicable) using Group Pay Netting system. Ensure AN Internal Control and Compliance issues are adhered to and subject to Audit/review and keep track of Finance process cycles and actions defined in CSAT. – 20%

4. Support FP&A team for weekly, monthly data on Sales, Profitability and OWC positions,Support CAPEX investment projects initiated by SBU’s, Operational requirements of the entity. Support ADHOC projects initiated by SBU’s, Operational requirements of the entity. Support Admin and Operational Team in contracts reviews such as AMC, Insurance, Misc purchases etc- 15%

5. Preparing the Statutory Accounts and getting the same Audited through the Statutory Auditors in a timely and professional manner whilst solving all the queries raised by the Auditors or the Joint Venture Partners- 15%

6. Timely and accurate submission, Post Review of Tax compilation (Both Direct and Indirect) and tax payment of the Entity per Deadlines within Tax Laws/Rules.  Assisting tax consultant during Tax assessment by Auditors to relevant Tax Department. Also ensure, timely filing of Certain tax returns which need to be submitted to the Tax Department within specified time limits by the company so as to avoid non-compliances resulting in fines and penalties- 10%
   
   
7. Fiscal accounts & Management reports to JV partners office monthly

Key Accountabilities

• Implement and Monitor Expert Accounting for Entities and Businesses per AN FEM/HFM and IFRS Guidelines.
• Ensure required provisions, Accruals and Reconciliations are adequately monitored.
• Support GBS Centre operations ( Pune - Accounting Operations delivering Contracted work of R2R/I2P/I2C) and monitor quality.
• Ensure that monthly AN /JV Reports are submitted accurately and in time.
• Be Guided by AC Governance Rules and MEC closure guidelines/Deadlines.
• Analyze financial related processes and outcomes, identify gaps, non-compliance and/or potential financial risk areas, inform and/or draft proposals for appropriate prevention, mitigation and correction, and after approval monitor or participate in implementation. AN InControl and CSAT processes are embedded in the Accounting and reporting activities.
• Oversee and Manage Accurate Costing / quarterly Transfer pricing mechanism with related delivering Towers (ISC/CN/COEs) , CAPEX related KPI’s/reports and support operations team in the process.
• Manage Treasury and Risk Management including Insurance coverage of Entities in line with AN Treasury/Risk Management Guidelines
• All Local Fiscal / Tax laws including VAT (when applicable) and Transfer pricing , as applicable are implemented/managed and reported accurately within related guidelines and timelines.
• Support/Update/Implement all periodic AN Accounting /Tax and Treasury Operational changes or any New Operational /Financial projects within the entity.

Experience

• Excellent communication and interpersonal skills, influencing, result orientation, problem solving, (project) management, entrepreneurship, people management
• Fluent in English, both verbal as well as in writing. (GBS/FFF driven)
• Specialized and broad experience on own financial discipline (Accounting IFRS/Local GAAP/Tax Processes)
• Working experience with efficiently managing cross-border flows and documentation requirements from customs / central bank regulations
• Ideally experience with streamlining this workflow in a multinational setting, both for intercompany and third-party cross-border flows
• Experience with streamlining local collection and payment processes
• Experience with payment factory / payment on behalf structures beneficial
• Knowledge of bank connectivity
• Ability to manage and/or validate payment workflows
• Daily cash management
• Local point of contact for bank relationship management
• FX awareness, electronic banking platforms
• Experience in SAP /CFIN/ HFM/ MerlinXL or Equivalent ERP systems/ Financial Tools including MS Office.
• Hands on, proactive, able to work in a fast-paced matrix organization, multitasking, strong requirement to connect with people of various cultures and background
• Ability to work and delegate work under severe pressure during month-end closures and continuously retain ‘an eye’ for the details
• Drive continuous improvement agenda in the financial and transactional processes, and monthly closing and reporting processes
• Clear communicator – proactively and effectively communication with finance and business leadership
• Minimum 5/10 years of Post Degree qualification experience in Finance and Accounting (Preferably in a MNC/Big 4 environment)