The Group Controller for a holding company oversees financial consolidation and reporting across multiple subsidiaries, ensuring accuracy and compliance with accounting standards. They manage budgeting, internal controls, and variance analysis to support strategic decision-making and financial stability. Their role is critical in optimizing capital allocation and maintaining transparency for stakeholders.
Consolidate financial statements across subsidiaries
Responsible for consolidating financial statements across multiple subsidiaries to ensure accuracy and compliance with accounting standards. Analyze intercompany transactions and eliminate redundancies to produce unified financial reports. Collaborate with accounting teams to streamline processes and improve overall financial visibility for corporate decision-making.
Oversee budget planning and variance analysis
Manage comprehensive budget planning processes to ensure financial targets are met with precision. Conduct detailed variance analysis to identify discrepancies and implement corrective actions that enhance fiscal discipline. Collaborate with cross-functional teams to align budget strategies with organizational goals and optimize resource allocation.
Ensure compliance with regulatory and accounting standards
Ensure strict adherence to regulatory and accounting standards by implementing robust compliance frameworks and regularly conducting internal audits. Monitor evolving regulations and adjust policies to mitigate risks and maintain transparency. Collaborate with cross-functional teams to guarantee accurate financial reporting and regulatory filings.
Implement internal controls and risk management
Ensure robust internal controls by designing, implementing, and monitoring procedures that mitigate operational and financial risks. Collaborate with cross-functional teams to identify potential vulnerabilities and develop risk management strategies that align with regulatory requirements and organizational goals. Regularly review control effectiveness and recommend improvements to enhance compliance and safeguard company assets.
Manage cash flow and working capital
Efficiently managing cash flow ensures liquidity for daily operations and supports strategic financial planning. Monitor receivables, payables, and inventory levels to optimize working capital and reduce financial risks. Implement forecasting models and collaborate with finance teams to maintain a balanced and healthy cash position.
Coordinate audits and liaise with external auditors
Coordinate audits to ensure compliance with financial regulations and internal policies, facilitating timely and accurate financial reporting. Liaise with external auditors to provide necessary documentation and clarify audit inquiries, promoting a transparent and efficient audit process. Emphasize strong communication skills and a thorough understanding of audit standards to support successful audit coordination.
Provide financial analysis for strategic decisions
Conduct financial analysis to evaluate business performance and support strategic decision-making processes. Interpret complex data sets to identify trends, risks, and opportunities that align with company goals. Recommend actionable insights to optimize resource allocation and enhance profitability.
Optimize tax planning and group structure
Enhance corporate efficiency by optimizing tax planning and group structure to minimize liabilities and maximize financial performance. Analyze current tax strategies, identify improvement opportunities, and implement compliant solutions tailored to regulatory requirements. Collaborate with finance and legal teams to ensure alignment with business goals and sustainable growth.
Support M&A activities and due diligence
Support Mergers and Acquisitions (M&A) activities by conducting thorough due diligence, including financial analysis, risk assessment, and market research. Collaborate with cross-functional teams to gather critical data, evaluate strategic fit, and identify potential integration challenges. Provide actionable insights and detailed reports to guide informed decision-making throughout the M&A process.
Develop and maintain financial reporting systems
Develop and maintain financial reporting systems that ensure accurate, timely, and compliant data for strategic decision-making. Utilize advanced accounting software and data analysis tools to streamline reporting processes and enhance financial transparency. Collaborate with cross-functional teams to continuously improve system functionality and support regulatory requirements.