Finance Control
The Finance Control job supervises the preparation of financial statements in accordance with generally accepted accounting principles. This job develops, evaluates and implements internal control policies and procedures and supervises para-professionals on the finance and accounting teams. This job sets day-to-day operational objectives for team members and ensures that policies and procedures are understood and followed by direct reports.
Key Responsibilities and Duties
• Creates and implements policies and procedures to identify, resolve and document accounting issues in addition to creating procedures to make the close and reporting processes more efficient and accurate.
• Implements systems enhancements and process improvements and identifies, recognizes and anticipates accounting and business issues to enable timely evaluation for proper reflection in the financial statements.
• Supervises the monthly close process, billings to clients for services provided billing reimbursements from clients, collection of accounts receivable, supervising accounts payable, payroll, monthly reporting for the shareholders, monthly preparation of a reforecast, annual preparation of a budget, and all treasury administration.
• Serves as a key stakeholder communicating between investment managers and the accounting functions, including by ensuring the financial technology system used by both departments is working as expected.
• Implements a process to record transactions by department and compare costs incurred to budget and performance analysis of properties.
• Oversees tax compliance and in cash/debt management of the company (e.g., re-negotiating loan agreements).
• Implements, documents and maintains adequate and effective processes to improve the close and reporting cycles to ensure timely and accurate reporting.
• Manages performance of direct reports through regular, timely feedback as well as the formal performance review process to ensure delivery of Accounting objectives and engagement, motivation and development of the team.
Educational Requirements
• No Advanced Degree Required Preferred
Work Experience
• 3+ Years Required; 5+ Years Preferred
Physical Requirements
• Physical Requirements: Sedentary Work
Career Level
7PL
Related Skills
Accountability, Accounting Standards, Adaptability, Business Acumen, Business Process Improvement, Collaboration, Communication, Compliance, Financial Acumen, Generally Accepted Accounting Principles, Inspires Others, Relationship Management, Risk Analysis/Analytics, Stakeholder Engagement, Strategic Thinking
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Company Overview
TIAA GBS India was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA GBS India is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.
We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: accessibility.support@tiaa.org
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