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Associate Finance Controller

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A.P. Moller - Maersk

3d ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
  • Chennai
  • Quick Apply

AI generated summary

  • You must perform month-end accounting, pass journal entries, ensure IFRS compliance, manage reconciliations, coordinate audits, and uphold corporate governance and control frameworks.
  • You will manage month-end accounting, perform reconciliations, ensure compliance with IFRS, support audits, and maintain accurate financial reporting using SAP and other tools.

Requirements

  • 1.Perform month end accounting and reporting activities complying with IFRS, using SAP, BW, OneStream, MS Excel and other process specific tools.
  • 2.Pass journal entries for monthly basis for timely book close related to accruals and provisions
  • 3.Ensuring correct accounting, controlling and reporting in SAP at all levels: GL, cost centre and Internal Order; monthly accruals postings.
  • 4.Review, validate and update the accounting records, reporting and ensure those are compliant with the IFRS requirements.
  • 5.Perform Balance Sheet reconciliation and ensure that liabilities are cleared on time & no aged open items beyond SLA.
  • 6.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.
  • 7.Coordination with internal and external auditors, as required.
  • 8.Ensure the compliance of tax, legal and transfer pricing matters wherever applicable.
  • 9.Ensure corporate governance policies and procedures are in place and up to date
  • 10.Adherence to RICC control framework, perform controls attestation.

Responsibilities

  • Supports Control processes and production of high quality financial data and reporting
  • 1.Perform month end accounting and reporting activities complying with IFRS, using SAP, BW, OneStream, MS Excel and other process specific tools.
  • 2.Pass journal entries for monthly basis for timely book close related to accruals and provisions
  • 3.Ensuring correct accounting, controlling and reporting in SAP at all levels: GL, cost centre and Internal Order; monthly accruals postings.
  • 4.Review, validate and update the accounting records, reporting and ensure those are compliant with the IFRS requirements.
  • 5.Perform Balance Sheet reconciliation and ensure that liabilities are cleared on time & no aged open items beyond SLA.
  • 6.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.
  • 7.Coordination with internal and external auditors, as required.
  • 8.Ensure the compliance of tax, legal and transfer pricing matters wherever applicable.
  • 9.Ensure corporate governance policies and procedures are in place and up to date
  • 10.Adherence to RICC control framework, perform controls attestation.

FAQs

What are the main responsibilities of the Associate Finance Controller?

The main responsibilities include performing month-end accounting and reporting activities, passing journal entries, ensuring compliance with IFRS, conducting Balance Sheet reconciliation, and providing visibility of items in the P&L and Balance Sheet to stakeholders.

What financial systems and tools are used in this role?

This role utilizes SAP, BW, OneStream, MS Excel, and other process-specific tools for accounting and reporting activities.

What is the expected experience with IFRS for this position?

Candidates are expected to have a solid understanding of IFRS to ensure compliance in financial reporting and accounting practices.

How often are journal entries passed in this role?

Journal entries are passed on a monthly basis for timely book closing related to accruals and provisions.

Is there a requirement for collaboration with auditors?

Yes, there is a requirement to coordinate with internal and external auditors as necessary.

Are there any compliance responsibilities associated with tax and legal matters?

Yes, this role includes ensuring compliance with tax, legal, and transfer pricing matters wherever applicable.

What kind of governance policies need to be maintained?

Corporate governance policies and procedures need to be in place and up to date.

What does RICC control framework adherence entail?

Adhering to the RICC control framework includes performing controls attestation to ensure proper control processes are followed.

Is Maersk committed to diversity in its hiring practices?

Yes, Maersk is committed to a diverse and inclusive workplace and welcomes applicants from various backgrounds.

Can I request accommodations during the application process?

Yes, Maersk is happy to support any needs for adjustments during the application and hiring process. Applicants can contact accommodationrequests@maersk.com for assistance.

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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.