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Controller for Asia Territories
Controller for Asia TerritoriesFastech S&S India Pvt.Ltd • Anantapur, Andhra Pradesh, India
Controller for Asia Territories

Controller for Asia Territories

Fastech S&S India Pvt.Ltd • Anantapur, Andhra Pradesh, India
9 days ago
Job description

Position Overview

Multi-site Controller position overseeing accounting, finance, and government compliance across India, Hong Kong, and China operations.

Key Responsibilities

Financial Accounting & Reporting

  • Oversee month-end, quarter-end, and year-end closing processes across all three jurisdictions
  • Ensure timely and accurate preparation of consolidated financial statements in accordance with applicable accounting standards (US GAAP)
  • Manage staff to accomplish needed intercompany transactions, reconciliations, and eliminations across the three entities
  • Prepare management reports, financial analysis, and variance explanations for senior leadership
  • Review on an ongoing basis, implement and maintain robust internal controls and accounting policies across all locations

Regulatory Compliance & Statutory Requirements

  • Ensure full compliance with India Companies Act, GST regulations, and Income Tax requirements
  • Oversee compliance with Hong Kong Companies Ordinance, IRD tax filings, and statutory audit requirements
  • Manage compliance with China corporate tax laws, VAT regulations, and SAFE foreign exchange controls
  • Coordinate statutory audits with external auditors in all three jurisdictions
  • Maintain corporate registrations, annual filings, and board resolutions as required by local regulations
  • Tax Planning & Management

  • Support the Group CFO to develop and implement tax-efficient structures for cross-border transactions and fund flows
  • Oversee transfer pricing documentation and ensure arm's length compliance
  • Manage corporate income tax, withholding tax, and indirect tax obligations across all Asian entities
  • Liaise with tax advisors and authorities in India, Hong Kong, and China
  • Monitor changes in tax legislation and assess impact on business operations
  • Treasury & Cash Management

  • Oversee cash flow forecasting and working capital management across the three countries
  • Manage banking relationships and optimize cash positioning across jurisdictions
  • Ensure compliance with foreign exchange regulations, including FEMA (India) and SAFE (China) requirements
  • Coordinate cross-border payments, repatriation of funds, and dividend distributions
  • Team Leadership & Development

  • Lead and mentor finance teams across India, Hong Kong, and China locations
  • Continuous development of people using NetSuite to become more efficient and gain more information from the system to aid in business operations
  • Maintain and evaluate clear roles, responsibilities, and performance metrics for finance personnel
  • Foster collaboration and knowledge sharing across geographically dispersed teams
  • Arrange for internal training on accounting standards, compliance requirements, and system processes
  • Systems & Process Improvement

  • Drive optimization of NetSuite and financial systems across all locations
  • Standardize accounting processes and chart of accounts to enable consistent reporting
  • Maintain existing and develop new standard operating procedures for key financial processes, document as needed
  • Identify automation opportunities to improve efficiency and control effectiveness
  • Business Partnership

  • Serve as strategic financial advisor to senior management on business decisions
  • Provide financial insights and analysis to support expansion, investment, and operational decisions
  • Prepare budgets, forecasts, and long-range financial plans
  • Required Qualifications

    Education & Certification

  • Bachelor's degree in Accounting, Finance, or related field required; CPA, Chartered Accountant, MBA or advanced degree preferred
  • In-depth knowledge of accounting standards applicable to all three jurisdictions
  • Experience

  • Minimum 5-10 years of progressive finance and accounting experience
  • At least 5 years in a senior accounting or finance role
  • Demonstrated experience managing finance operations across multiple countries, particularly in Asia
  • Prior experience with India, Hong Kong, and / or China regulatory environments
  • Experience with consolidated financial reporting for multi-entity organizations preferred
  • Technical Skills

  • High level of knowledge of USA GAAP
  • Knowledge of India, Hong Kong and Chinese business practices
  • Understanding of direct and indirect taxation in India, Hong Kong, and China
  • Proficiency with ERP systems, specifically NetSuite preferred
  • Advanced Excel skills and financial modeling capabilities
  • Experience with business intelligence and reporting tools
  • Language & Cultural Competency

  • English fluency required for all business communication
  • Proficiency in Hindi, Mandarin, or Cantonese desirable
  • Cultural sensitivity and ability to work effectively across diverse teams
  • Understanding of business practices and relationship dynamics in Asian markets
  • Personal Attributes

  • Strategic thinker with strong analytical and problem-solving abilities
  • Excellent communication and presentation skills for engagement with stakeholders at all levels
  • High integrity with commitment to ethical conduct and compliance
  • Ability to manage complexity and ambiguity in a dynamic, multi-jurisdictional environment
  • Willingness to travel between India, Hong Kong, and China
  • Resilient and adaptable to changing regulatory and business requirements
  • Ability to make transactional level responsibilities as necessary
  • Reporting Structure

    Reports directly to CFO with dotted-line reporting to country general managers.

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    Controller • Anantapur, Andhra Pradesh, India

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