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Associate Manager - Controllership

Associate Manager - Controllership

7-Eleven Global Solution Center – IndiaBengaluru, Karnataka, India
30+ days ago
Job description

Why Join 7-Eleven Global Solution Center?

When you join us, you'll embrace ownership as teams within specific product areas take responsibility for end-to-end solution delivery, supporting local teams and integrating new digital assets. Challenge yourself by contributing to products deployed across our extensive network of convenience stores, processing over a billion transactions annually. Build solutions for scale, addressing the diverse needs of our 84,000+ stores in 19 countries. Experience growth through cross-functional learning, encouraged and applauded at 7-Eleven GSC. With our size, stability, and resources, you can navigate a rewarding career. Embody leadership and service as 7-Eleven GSC remains dedicated to meeting the needs of customers and communities.

About 7-Eleven GSC

7-Eleven’s Global Solution Center (GSC) in Bangalore plays a critical role in driving digital innovation and business transformation for one of the world’s largest convenience retailers. Focused exclusively on the U.S. market with 13,000+ stores, the GSC is a center of excellence for technology, product engineering, and digital platforms, powering scalable solutions that directly impact millions of consumers.

Why We Exist, Our Purpose and Our Transformation?

7-Eleven is dedicated to being a customer-centric, digitally empowered organization that seamlessly integrates our physical stores with digital offerings. Our goal is to redefine convenience by consistently providing top-notch customer experiences and solutions in a rapidly evolving consumer landscape. Anticipating customer preferences, we create and implement platforms that empower customers to shop, pay, and access products and services according to their preferences. To achieve success, we are driving a cultural shift anchored in leadership principles, supported by the realignment of organizational resources and processes.

At 7-Eleven we are guided by our Leadership Principles . Each principle has a defined set of behaviours which help guide the 7-Eleven GSC team to Serve Customers and Support Stores.

  • Be Customer Obsessed
  • Be Courageous with Your Point of View
  • Challenge the Status Quo
  • Act Like an Entrepreneur
  • Have an “It Can Be Done” Attitude
  • Do the Right Thing
  • Be Accountable

About This Opportunity

Job Title : Assistant Manager – Controllership

Experience Required : 4–7 years (Post CA Qualification)

Qualification : Chartered Accountant (CA)

Role Overview :

We are seeking a finance professional to lead key functions including financial reporting, MIS, compliance, audit, taxation, and stakeholder management. The ideal candidate will have a strong technical foundation in finance and accounting, ensuring rigorous compliance while providing insights to support business decisions

Accounting & Reporting

  • Preparation and finalisation of the monthly book closure along with Financials and Schedule preparations as per USGAAP and IGAAP
  • Responsible for driving internal audit and statutory audit at defined intervals and ensuring the closure on a timely basis
  • Support the definition of KPIs as well as keeping track of the measurements to meet the requirements
  • Perform month end closing activities, like accrual handling, cost accounting checks, cost allocations, etc.
  • Work out key messages from in-depth analysis and recommend action items to the management
  • Ensure transparency and compliance with financial guidelines
  • Own the Fixed Asset Register and take responsibility over capitalization, deletion, depreciation, and retirement of the assets, both tangible and intangible
  • Owns the Fixed Asset Register and able to lead the physical verification periodically with different stakeholders for accurate bookkeeping
  • Comparison of monthly / quarterly MIS data with different benchmarks and provide comments / remarks with proper analysis
  • Validate accuracy of financial data and business information and reports by performing Reconciliation, review, and report exceptions
  • Adhering to the Controlling & Planning KPIs to ensure continuous improvement and maintain service quality
  • Prepare weekly / monthly performance analysis & business dashboard with detailed variance analysis vs forecast / plan for the business and operations
  • Support in designing systems to capture data at granular level to aid better analysis; strong analysis and critical thinking is a must here
  • Work closely with the accounting team to ensure accurate financial reporting and decision support
  • Strategic

  • Formalising the SOP for various accounting processes (both operations and control process) along with the necessary accounting treatments
  • Preparing the RCM across processes at system and manual level and driving the ICFR control process review with the internal audit team along with the recommended system / process changes
  • Driving Key programs with the tech for the development of Finance requirements related to reporting and operations
  • Support transformation / change in respective units to achieve financial targets
  • Drive cross-unit activities, projects, and special tasks in cooperation within the team and with key stakeholders outside the team
  • Drive process efficiencies and automation initiatives to enhance operational excellence
  • To drive process setup and ensuring implementation by coordinating with multiple teams
  • Drive streamlining treasury function, putting controls on cash flow management, and adhering to banking / RBI guidelines
  • Participate and drive standardization automation projects for process efficiency
  • Drive productivity improvement and cost reduction initiatives with Business and Operations
  • Ensure process controls through right data representation and logic, and by aligning the relevant stakeholders
  • Own the P&L for the new business, lead the annual operating plan, forecasting, and variance analysis, and provide insights to leadership on business profitability & sustainability
  • Planning & FPnA

  • Drive financial planning activities and provide support in preparation of financial reporting, business planning, budgeting, and forecasting
  • Must be able to work with different business stakeholders and prepare Bottom-Up and Top-Down approach budgets and must have prior experience in preparing those budgetary requirements
  • Should have analytical skills working with the Planning team and drive strong communications on budget requirement
  • Forecast periodically for different businesses, after taking inputs from stakeholders, and incorporate into planning tool for better presentation
  • Regulatory

  • In conjunction with the accounting team both in India and US, preparation and booking of tax provisions (monthly / quarterly) and monitoring tax accounts movements
  • In conjunction with the Transfer Pricing study and TP advisors, review the quarterly calculation for TP margin and perform the true up calculation for local books
  • Lead as appropriate in any tax audits as agreed with the Tax Department
  • Prepare quarterly corporate income tax provisions and advance tax liability and coordinate the accounting team on posting of entries
  • Preparation and filing of corporate income tax returns for the India Center, ensuring timely payment of tax liabilities, booking accounting journals for same.
  • Review monthly TDS payments, GST payments / returns, SEZ compliance, Quarterly Advance tax, balance sheet reconciliations, and associated journal entries, for India Center which will involve working with local service providers and in house accounting team
  • Desired candidate profile :

  • Qualified Chartered Accountant (CA) with 4–7 years of relevant experience.
  • Strong exposure to financial reporting, compliance, audit, and taxation.
  • Solid understanding of Indian accounting standards and applicable tax regulations.
  • Excellent analytical skills and attention to detail.
  • Strong communication and interpersonal skills for effective stakeholder management.
  • Proactive approach with the ability to manage multiple priorities in a fast-paced environment.
  • Privileges & Perquisites :

    7-Eleven Global Solution Center offers a comprehensive benefits plan tailored to meet the needs and improve the overall experience of our employees, aiding in the management of both their professional and personal aspects.

    Work-Life Balance : Encouraging employees to unwind, recharge, and find balance, we offer flexible and hybrid work schedules along with diverse leave options. Supplementary allowances and compensatory days off are provided for specific work demands.

    Well-Being & Family Protection : Comprehensive medical coverage for spouses, children, and parents / in-laws, with voluntary top-up plans, OPD coverage, day care services, and access to health coaches. Additionally, an Employee Assistance Program with free, unbiased and confidential expert consultations for personal and professional issues.

    Top of Form

    Wheels and Meals : Free transportation and cafeteria facilities with diverse menu options including breakfast, lunch, snacks, and beverages, customizable and health-conscious choices.

    Certification & Training Program : Sponsored training for specialized certifications. Investment in employee development through labs and learning platforms.

    Hassel free Relocation : Support and reimbursement for newly hired employees relocating to Bangalore, India.

    7-Eleven Global Solution Center is an Equal Opportunity Employer committed to diversity in the workplace. Our strategy focuses on three core pillars – workplace culture, diverse talent and how we show up in the communities we serve.As the recognized leader in convenience, the 7-Eleven family of brands embraces diversity, equity and inclusion (DE+I). It’s not only the right thing to do for customers, Franchisees and employees—it’s a business imperative.

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    Associate Manager • Bengaluru, Karnataka, India

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