Assurance and Controls Specialist – India - Job Description
Joining Capco means joining an organisation that is committed to an inclusive working environment where you are encouraged to #BeYourselfAtWork. We celebrate individuality and recognize that diversity and inclusion, in all forms, is critical to success. It is important to us that we recruit and develop as diverse a range of talent as we can. We believe that everyone brings something different to the table – we’d love to know what makes you different.
ABOUT CAPCO
Capco is a global technology and business consultancy, focused on the financial services sector. We are passionate about helping our clients succeed in an ever-changing industry. Capco is a wholly owned subsidiary of Wipro Ltd, which is a multinational NYSE listed information technology and business services consultancy.
We are/have:
- Experts in banking and payments, capital markets and wealth and asset management
- Deep knowledge in financial services offering including Finance, Risk & Compliance, Core Banking
- Committed to growing our business and hiring the best talent to help us get
- Focus on maintaining our nimble, agile, and entrepreneurial
About the role
The Group Assurance and Controls team is a part of the Group Finance team at Capco. The Finance Team at Capco is responsible for preparing, analysing, and advising on the financial status of the firm, focusing on operational excellence by ensuring accuracy and compliance with global financial rules and regulations. From concept to contract completion, our team works directly along-side senior leadership and stakeholders to yield a high-performance business by mitigating risks and increasing profits.
The Group Assurance and Controls team is a global team, which coordinates the anticipation, scheduling, planning and execution of the audit activities across Capco Group that are conducted by external and internal auditors. The Group Assurance and Controls team is tasked with ensuring that the execution of Capco processes across both Finance and Human Resources (HR) adhere to Capco policies as well as to the regulatory framework, and that the controls within these processes are operating according to design. In this role – overseeing the Capco process landscape – contributing to continuous improvement of both Finance and Human Resources (HR) Capco processes is an important element.
The role forms an integral part of the Capco Finance team and - as a part of a stock exchange listed corporation– is closely linked to providing assurance to our primary shareholders. The team provides regular status updates to the Group Financial Controller, the CFO, and other senior stakeholders across the business including senior management at Wipro head office. The team is responsible for Capco adhering to Finance policies and regulatory framework.
Reporting directly to the Group Head of Assurance and Controls, and based in the Bangalore Office, Capco are looking for a hands-on and experienced individual to join their Global Assurance and Controls team who are the primary liaison between Group Finance and the internal and external stakeholders involved in the delivery of financial audits, including, but not limited to, local financial statement audits, year end audits, group audit, Sarbanes Oxley Controls audits and internal audit.
You will closely collaborate with colleagues across all Capco regions and will act as a key business partner with both internal and external departmental stakeholders from all our global locations as well as the internal and external audit teams.
You have an opportunity to directly influence overall finance processes strategy and to drive constant improvement. You must be intellectually curious, detail-oriented, and able to identify solutions to complex problems, then roll-up your sleeves to drive implementation and track your work’s impact.
Key responsibilities
- Responsibility for selected audit streams including the management of the collaboration between Capco local teams and audit teams
- Proactively coordinating with the Group Head of Assurance and Controls to manage internal and external relationships and ultimately to manage the delivery of necessary content to external stakeholders including external auditors and Wipro Internal Audit.
- Permanent progress tracking to ensure audit process is performed and finished within the agreed timelines
- Challenging and analysing the data provided by the local teams as well as the requests raised by the auditors to ensure an efficient audit process
- Preparation of regular status updates to the senior management
- Review and continually improve the audit related reporting process and reporting templates to ensure consistent and efficient reporting
- Management of the communication between local teams and audit teams by organising calls and providing appropriate documentation of the calls
- Prepare and update process documentation
- Identify opportunities for process improvement – both audit process and finance core processes
- Understanding of the reporting and global management reporting processes that relate to the monthly financial close, including the development of process improvements to strengthen the financial and accounting control framework.
- Assist the Group Head of Assurance and Controls in reviewing the financial impact and risk assessment regarding newly emerging financial reporting requirements, business ventures and business risks, including but not limited to new office locations, new products and services, and new financial reporting requirements including the impact of new or updated IFRS.
About the person
- BA/BS in Business/Finance/Accounting. MBA or CPA is
- 3+ years prior experience in the financial reporting/general ledger or audit area, as well as experience in public
- Strong analytical skills to be able to effectively deliver concise output and
- Ability to demonstrate improvements through business process re-engineering
- Strong interpersonal skills; in building relationships, managing expectations in interacting with all levels of employees on occasion including senior stakeholders inside and outside of Finance.
- Able to operate in quickly changing environments whilst being well organized, pro-active and deadline
- Experience with large enterprise applications including PeopleSoft is a
- Experience of working in a global company with multiple legal
- Excellent Excel skills and willingness to learn about additional IT-tools in connection with data
Why Join Capco?
We offer highly competitive benefits, including medical, dental and personal insurance, employee pension scheme (where applicable), company funded training programs and a work culture focused on innovation and creation of lasting value for our clients and employees.
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