Job Purpose: Reporting to Regional Finance Head. Support to Home Office Controller, Central FP&A; Department, , Company Management, and external partners in financial reporting, tax compliance, sales reporting, audits & compliances, regulatory & business, treasury & cashflow support to ensure financial integrity of the statutory and management accounting records/group management accounts Key Accountabilities: Financial Closing: Reviews IFRS compliant, consolidated monthly/quarterly/annual group accounts
Review GTN provisions, Cross Charge workings, LRD model testing and IFC testing on monthly basis
Manages and ensures the monthly BPC uploads are done according to deadlines
Develops and reviews financial and operational reports/models for company management and global reporting
Facilitates the process in preparing statutory, consolidated annual financial statements, compliant with IFRS and the Companies Act
Share journal entries for payroll, statutory transactions, accruals & Provision for posting with FSS & rigorous review
Tracking of Fixed Assets & intangibles
Complete remarks for P&L; & Balance sheet Variance Analysis and shared corporate team as per closing deadline
Ensures that there is consistency in the accounting reflected by corporate closing score
Ensures foreign exchange is consistently accounted across AU and NZ region for management reporting
Provide financial information to external business partners like banks, insurance broker, auditors (internal & external)
Assists with monthly and annual closing of accounting records
Intercompany reconciliations
Closely working with Statutory Auditors and Internal Auditors and ensuring timely closure of audits in tight deadlines.
Coordinating with IT team for developments in SAP, testing of developments, template preparation
Preparation regular sales updates
Review Payroll tax, Super and leave liability working shared by HR
Review quarterly Sales Incentive working shared by Business against sales Incentive scheme for the period.
2.Tax, Audit & Compliance: Coordinating with Statutory Auditor to ensure timely Audit closure
Help in other audits – Revenue Audit, Internal Audit etc
Ensure compliance with direct Tax, GST,
FBT etc.
Closing Transfer Pricing on a quarterly basis, Coordinate with Tax consultant to ensure Transfer pricing returns are filed on time
Timely payments to Government for all Taxes
Continued checks on Internal Compliance –HR, Payroll and other functions
Collaborate with Tax Consultant for quarterly income tax calculations and ensure the timely filing of tax return, FBT return, local file with ATO and Annual return ASIC.
Calculate provisional tax payment amounts
Resolve all tax related queries
Responsible for obtaining Tax clearance certificates
Update the Compliance portal with assigned compliance task and timely submission
Collaborate for secretarial obligation with internal and external Company secretory. 3.Audit & Compliances: Ensuring on going compliance to all external stakeholders
Ensuring smooth audit support & outcome (no material observation) 4.Sales Reporting & Review:
Review daily sales report and support to business partners; includes support to SFE team for sales dashboard review
Review GTN items in accordance with revenue recognition policies; lead discussion with finance head and controller 5.Price disclosure:
Lead 6th Monthly retail price disclosure to PBS post internal discussion with business teams
Ensure rigorous pricing agenda & cadence for retail pricing
Enforce adherence to SOP and timely update inline with regulation 6.Claims review & automation:
Lead retail claim coordination with business and rigorous review to ensure timely booking and closure of discrepancies
Enforce adherence to SOP and timely update inline with regulation
Lead claims automation process along with finance head & regional controller; scoping & liaising with external parties 7.ARTG Review & submission:
Partner with regulatory team for accurate annual submission on timely basis and proactively partner with business for driving cost savings on regulatory filing fee and reimbursement from customers / B2B partners
Ensure rigorous payment cadence along with FSS for TGA filings inline with SOP / internal tracking mechanism 8.Treasury & cashflow:
Prepare and review quarterly cashflow for entity as well as annual budget
Lead discussions with banking partners and with treasury / corporate secretarial teams for compliances
Review funding requirements (including financial products) and support finance head in Liaoning with internal (Treasury) and external stakeholders (Bank)
Review and authorise payments on the banking portal
Administer employee credit card, share monthly statement with Card holder and ensure timely accounting of expenses
Reconcile bank transactions monthly 9.Accounts Payables:
Support to Head controller / Home office team in need-based Review of the following
Coordinate current vendor onboarding and manage vendor agreements records
Raise Service POs as per request and record GRN for Services rendered
FSS team in India for the accounting of payables
Cross-charges transactions with subsidiary/holding company finance teams 10.Accounts Receivables:
Support to Head controller / Home office team in need-based Review of the following
Collate remittance advices, discount & rebate Claims and ensure timely accounting.
Timely receipt of cashflow as per due date and support discussion with customer post outreach by home office including and minimise DSO (Days Sales Outstanding) and other KPIs
Verify customer discounts and rebate claims, discussing discrepancies with Retail Business Head & Regional finance head.
Educational Qualifications: Qualified / Completed - CA / CA / CPA / MBA
Self starter and enterprising with good communication skills
Advanced Excel Skills
Experience with Accounting Software – SAP
Knowledge of local & statutory compliances
Relevant Experience: Minimum 5-8 Years of experience in Accounting & Audit in Australia
Experience working with global and geographically dispersed stakeholders is preferred
📌 Finance Manager - ANZ (Sydney)
🏢 Cipla
📍 Sydney