Business Unit Controller - TR Foundation
- Thomson Reuters
- 6 - 11 years
- Bengaluru
- 6 months ago
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Job Description
Business Unit Controller (BUC) - Thomson Reuters Foundation
We are seeking a dedicated and detail-oriented BUC to support our finance team. The BUC will assist in overseeing the organisation's financial operations, ensuring accuracy, compliance, and efficiency. This role offers an excellent opportunity for a motivated individual to contribute and make a positive impact.
About the Role:
In this opportunity as a Business Unit Controller- TR , you will be responsible for:
Payroll Processing
- Manage the month-end payroll and recharge process, ensuring accurate and timely reporting.
- Coordinate closely with People Team in Costa Rica to gather and validate payroll data for all Foundation staff.
- Review payroll reports for accuracy and compliance with statutory regulations and company policies.
- Address any payroll-related inquiries or discrepancies promptly and efficiently.
- Ensure relevant month end reports are prepared to ensure accurate and timely reporting.
- Prepare analysis as required on payroll and recharges.
Month-End Reporting
- Ensure accurate recording and reconciliation of payroll-related transactions in the general ledger and support the preparation and analysis of monthend reporting.
- Ensure accurate monthly payroll reconciliation and collaborate with the people team to address and resolve any discrepancies that may arise.
- Contribute to staff cost variance commentary in the monthly management accounts
- Support with general accounting reconciliations related to staff expenses and credit cards.
Audits
- Assist in the preparation of financial statements and supporting schedules for internal and external reporting.
- Conduct variance analysis and provide insights into financial performance to support decision-making processes.
- Ensure all payroll-associated working files and documentation are prepared for the interim and end-of-year audits and donor audits from time to time.
- Maintain accurate payroll records and documentation in compliance with internal policies and external audit requirements.
- Reconciling Payroll Accounts: Performing reconciliations to ensure that payroll records match the company's financial statements and resolving any discrepancies.
Reforecast
- Updating Payroll Forecasts: Adjusting payroll forecasts to reflect any changes in employee headcount, salary adjustments, bonuses, and other compensation-related factors
- Ensuring Compliance: Staying updated on changes in tax laws and regulations to ensure all payroll calculations reflect the most accurate forecast possible
- Analysing Historical Payroll Data: Reviewing past payroll data to identify trends and patterns that can inform future projection
- Preparing Reports: Generating detailed payroll reports for management, highlighting key metrics and any significant changes from previous forecasts.
Automation
- Identify opportunities to streamline payroll processes, improve efficiency, and enhance controls to mitigate risks.
- Contribute to ongoing automation and AI projects/initiatives for payroll and other general accounting areas
General Accounting
- Preparing and posting journal entries to the general ledger
- Ensuring all entries are posted and assigned General Ledger accounts are reconciled
- Analysing and assigned general ledger accounts to ensure accuracy and completeness
- As requested, support strategic planning by providing insights and recommendations based on financial analysis including scenario and sensitivity analysis to forecast potential outcomes.
About You:
- Professional accountancy or finance qualification (CPA, CMA, CA/ICWA, MBA (Fin) or similar) preferred.
- 6+ Years of relevant experience in the related field.
- Experience in payroll processing, month-end close activities, and financial reporting.
- Proficiency with SAP (or similar ERP) is a plus.
- Excellent proficiency in MS Office, especially Excel and Power BI
- Strong analytical skills with the ability to interpret financial data and provide insights.
- Strong communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Detail-oriented with a high degree of accuracy and a commitment to meeting deadlines.
- Experience handling confidential data with sensitivity ensuring
- Proactive mindset with a willingness to take initiative and drive process improvements.
Job Classification
Industry: Software ProductFunctional Area / Department: Finance & AccountingRole Category: Finance & Accounting - OtherRole: Finance & Accounting - OtherEmployement Type: Full timeContact Details:
Company: Thomson ReutersLocation(s): Bengaluru+ View Contact
Keyskills: Accounting Month End Reporting Reconciliation Variance Analysis Payroll Processing Balance Sheet Reconciliation Auditing
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₹ 10-16 Lacs P.A
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