Philips Director RTR Compliance 

India, Tamil Nadu, Chennai 

827273645

Director RTR Compliance

Director RTR Compliance

You are responsible for

• Participates with other senior managers to establish strategic plans and objectives.
• Makes final decisions on administrative or operational matters and ensures effective achievement of objectives.
• Stay updated with changes on statutory rules and regulations (close cooperation with PWC experts) to be able to assess business impact
• Translate IFRS/GAAP to Local GAAP via statutory adjustments
• Provide accurate, completed & timely data for statutory reporting, fiscal reporting and other requirements
• Manage on local level Operating Model for Statutory Reporting/CIT (TOM)
• Contact point for PWC and local authorities (if applicable)
• Manages Statutory and Periodic Internal Audits.
• First contact point for external auditors (if applicable).
• Fulfills requests from regulatory & tax authorities- provide support during fiscal audits.
• Co-ordination with Accounting Operation, Tax Group, MTM , CTM on any other statutory accounting related activities.
• Constantly look for improvement opportunities in the area of direct responsibility, but not limited to and drive implementation (compliance, quality and process efficiency).
• Complete Internal Controls work according to Internal Control Standards( ICS ) tool on a timely and accurate basis and supervise ICS tasks carried out by other members.
• Drive standardization/harmonization of Statutory Accounting ways of working across regions.
• Develop KPI’s/measurements to effectively measure and monitor out performance across regions.
• Having broad expertise or unique knowledge, uses skills to contribute to development of company objectives and principles and to achieve goals in creative and effective ways.
• Viewed as an expert by the company and in the field.
• Has complete knowledge of all company products and services.
• Regularly interacts with executives and/or major customers. Interactions frequently involve special skills, such as negotiating with customers or management or attempting to influence senior level leaders regarding matters of significance to the organization.
• Ensuring right availability of talent with adequate knowledge.

To succeed in this role, you’ll need a customer-first attitude and the following

• Familiar with local tax and statutory requirements Level of technical knowledge of IFRS (advanced / master)
• Level of valuation skills (advanced / master)
• Ability to be sparring partner for internal and external specialists (business valuators, external accountants, M&A, legal, Treasury)
• Ability for “insourcing”
• Knowledge of local GAAP to tax GAAP differences
• Local GAAP qualification (CPA equivalent) a plus
• Experience in preparing statutory financial statements and IFRS
• Experience in financial audits and internal control
• Experience in leading and building a team
• Service oriented, good communicator
• Experience in transformation
• Experience in automation
• Big-4 experience
• Auditor qualification

International experience
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