Assistant Controller - Tata Consumer Products - USA

At Tata Consumer Products Ltd, we stand #Forbetter – Planet, Sourcing, Nutrition, Communities. And #ForBetter Opportunities …. Here’s an exciting one!

How does this Job align to our Strategy?

At the core of Tata Consumer Products' business approach lie six strategic pillars that serve as the foundation for its growth and success: Strengthening & Accelerating our Core Business, Driving Digital and Innovation, Unlocking Synergies, Creating a Future-Ready Organization, Exploring New Opportunities and Embedding Sustainability.

This job opportunity closely aligns with all our key strategic pillars.  Stronger reporting will Strengthen or Core business and will require this team member to Drive Digital Innovation.  The role involves ensuring we are a Future-Ready financial Organization by fostering forward thinking in all aspects of Accounting and Controls.  These controls should Unlock Synergies between the onshore and offshore teams, which will Embed a Sustainable model allowing for Exploration of New Opportunities for improvement.

Top dimensions:

• Geography: US
• Type of Role: Process & Controls Manager
• Primary Stakeholders: International CFO, US VP Finance, Operations Accounting team, HR, Auditors, Offshore Teams
• Complexity of the role:  A primary responsibility of the Assistant Controller is to oversee the offshore shared service center supporting Accounting, Accounts Payable and Payroll processes.  This position will be responsible for maintaining timely, accurate financial records; performing financial analyses; assisting in audits; looking after AP payment transactions and the overall financial commitments of our company and will need to ensure our accurate, timely reporting.  The candidate for this position must have a clear understanding of IFRS guidance and accounting processes and be able to offer technical guidance for new pronouncements and business models.

What are the Key Deliverables in this role?

Financial Outcomes

• Ensure the company’s compliance with IFRS guidelines including technical interpretation of any new pronouncements and/or business models.
• Identify and solve any issues creating variances between ledgers and subledgers.
• Analyze and reconcile assigned accounts during the month end close. Review accounting shared service center account reconciliations.
• Coordinate timekeeping and payroll systems; oversee processing of payroll changes (i.e. - new hires, terminations, raises) and system upgrades.

Customer Service

• Assist with internal and external reporting.
• Participate in internal and external audits as well as quarterly reviews, including payroll audits.

Internal Processes

• Oversee all tax-related AP processes, i.e. - 1099 tax information, preparation and submission.
• Oversee all payment transactions such as ACH, wires, paper checks and so on.
• Manage the offshore shared service center for payroll, accounts payable and accounting teams:

• Administer payroll for US employees.
• Process US Accounts Payable transactions and mange vendor relationships.
• Monthly, quarterly, and annual closure of the accounting books and related reconciliations and audit support.
• Accounting for coffee hedging.

Innovation and Learning

• Participate in ad hoc reporting as directed and complete special projects as they are assigned .
• Foster Innovation and process optimization.
• Lead integration of wire payments from SAP to bank.

Requirements

What are the Critical success factors for the Role?

• Bachelor’s degree in Accounting required, MBA preferred.
• CPA required.
• 5+ years of corporate and/or public accounting experience, payroll experience.
• Strong knowledge of IFRS reporting requirements.
• Experience with SAP and ADP systems a plus.
• Hedge accounting experience preferred.
• Analytical and problem-solving abilities, with a focus on delivering actionable insights and innovative solutions.

What are the Desirable success factors for the Role?

• Ability to work in a fast paced, ever-changing environment and to be able to manage multiple high priority projects simultaneously.
• Proven history of maintaining accurate records and a great attention to detail.
• Ability to effectively communicate verbally and in writing, exceptional analytical and problem-solving skills, exceptional organizational skills. 
• Should be a self-motivated and fast learning professional.
• Ability to standardize procedures to generate efficiency and to create internal templates to be used by the company and affiliated offshore resources.
• Advanced Excel skills and well-developed PC skills particularly in applications such as Word, Outlook, and Teams.
• Ability to function individually with minimal supervision as well as working in a team environment.
• Willing to take the lead and put forth new ideas that look at processes in a critical manner to help further advance the Company.

Benefits

What does Tata Consumer Products offer you?

• 11 Federal Holidays / 3 Weeks Vacation / 2 Floating Holidays Per Year / 2 Volunteer Days
• Medical, Dental, Vision
• 401K Match up to 4%
• Employee Referral Bonus
• Employee Discount on Local & National Retailers
• Premium Subscription to Wellness App

We are obsessed about keeping Consumers & Customers first in our hearts – that’s why we are here !

We are trailblazers in executing with Excellence … Together as One Team

We take Ownership of our business …delivering value for our Stakeholders .. no Compromises

We are Open to Continuously improving … Continuously innovating … For Better

We live & breathe our Tata Code of Conduct !