Financial Reporting Manager

About Us

Smiths Detection , part of Smiths Group , is a global leader in threat detection and screening technologies for aviation, ports & borders, defense, and urban security. Our expertise is spread across 5 R&D centers, 21 Global Offices and 7 Manufacturing Sites with 2700 Brilliant Minds globally contributing for over 40 years at the frontline which enables us to deliver the solutions needed to protect our society from any threat and illegal passage of explosives, prohibited weapons, contraband, toxic chemicals, and narcotics. Every minute of every day, our technology and talented team members help to make the world a safer place -

Job Description

Reporting to Detection India Finance Controller (FC), MFS works closely with FC and cross functional teams to ensure high performing finance team and effective controlled and compliant environment. The MFS is accountable for financial accounting, financial reporting, and statutory compliance by interpreting the policies, processes and procedures not only related to India market but global functions like BIS, HRS and other global centre of excellences in India. Role leads a direct team and develops them to be ready for future challenges.

Duties & Responsibilities

Responsibilities -

• Financial accounting as per applicable reporting standards (International Financial Reporting Standards (IFRS), Indian Generally Accepted Accounting Principles (GAAP))
• Month end financial reporting Ensuring timely reportingCompleteness and documentationReviewing of key items schedules like Accounts Payable (AP), Bank Reconciliation Statements (BRS), accruals, prepaidOnyx submission
• Statutory compliances Goods and Services Tax (GST) both outward and inwardsReview of GST inward reconciliation and filingWithholding Tax (WHT) compliances
• Audit management Statutory auditTax auditTransfer Pricing auditInternal Audit
• Tax Management Corporate Tax Return filing (all detection entities)Corporate tax assessments (both SDS & SDAP India Branch)GST tax assessmentsWHT return filing and assessments (both SDS & SDAP India Branch)
• Vendor Payments (both external and employee claims)
• Cash payment forecasting on monthly basis
• Vetting of Runrate Cost sheets (Bid Approval Form)
• Funds management
• Fixed Assets Review on quarterly basis
• Interco recharges
• Ensure compliance with company’s internal controls and approval processes
• Leading and driving SAP enhancements – Preparing justification, benefits, getting it approved from division and then working with consultants.
• Support the organization in ad hoc projects System improvement (SAP)

The Individual

Skills & Experience -