embecta is a global diabetes care company that is leveraging its 100-year legacy in insulin delivery to empower people with diabetes to live their best life through innovative solutions, partnerships and the passion of more than 2,000 employees around the globe. For more information, visit embecta.com or follow our social channels on LinkedIn, Facebook, Instagram and X.
A career at embecta means being part of a team that values your opinions and contributions and that empowers you to bring your authentic self to work. Here our employees can fulfill their life’s purpose through the work that they do every day.
You will learn and work alongside inspirational leaders and colleagues who are equally passionate and committed to fostering an inclusive, growth-centered, and rewarding culture. Our Total Rewards program – which includes competitive pay, benefits, continuous learning, recognition, career growth and life balance components – is designed to support the varying needs of our diverse and global employees.
Job Description
A hands-on senior accounting personnel to manage the outsourced finance and accounting functions for our entity in India. In this role, he/she will be responsible for working closely with our outsourcing partner, Genpact to ensure all transactional activities and treasury related tasks are accurately and efficiently performed. He/She will also be responsible for managing the local regulatory reporting and other statutory reporting and foreign currency reporting. He/She will report to the Associate Director, Controller Asia and Greater China and will work closely with cross-functional teams.
Key Responsibilities:
Financial Operations and Controllership
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Oversee day-to-day finance and accounting operations for the assigned entities, including managing outsourced service providers to ensure timely and accurate processing of transactional accounting activities.
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Provide overall controllership oversight, ensuring financial accuracy, integrity, and compliance with company policies and regulatory requirements.
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Manage the Record-to-Report (RTR) process, including General Ledger management, period-end close activities, and balance sheet reconciliations through BlackLine.
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Ensure completeness, accuracy, and timeliness of financial records and proper documentation of all financial transactions.
Financial Reporting
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Manage month-end and year-end close processes and ensure financial reporting is prepared in accordance with US GAAP, Group reporting standards, and local GAAP requirements.
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Prepare and review monthly financial statements, including P&L and Balance Sheet reporting, and provide financial analysis and insights to management.
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Monitor and analyze financial data to identify trends, risks, and opportunities for improvement.
Treasury and Cash Management
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Manage treasury functions including cash management, bank relationships, and cash flow forecasting.
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Oversee foreign currency reporting and treasury-related activities.
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Manage banking operations and resolve banking-related matters.
Order-to-Cash and Working Capital Management
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Oversee Invoice-to-Cash (I2C) related processes including invoicing, customer credit management, collections, and accounts receivable.
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Support revenue recognition processes and ensure compliance with applicable accounting standards.
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Support working capital optimization through effective cash collection and cost control.
Procure-to-Pay and Operational Finance
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Oversee Accounts Payable and T&E processes, including vendor payments and expense reimbursements.
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Ensure proper management of invoicing, payments, and intercompany transactions.
Tax and Statutory Compliance
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Ensure compliance with all local statutory and regulatory reporting requirements in India, including timely filing of statutory returns.
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Support Tax payments and Audit support in coordination with TAX department.
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Work closely with the Asia Tax team on tax compliance matters.
Audit and Internal Controls
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Ensure compliance with SOX requirements and internal control frameworks, maintaining a strong and effective control environment.
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Coordinate and support internal audits, SOX audits, and external audits (e.g., EY).
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Ensure adherence to Delegation of Authority (DOA) and Segregation of Duties (SOD) requirements.
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Lead remediation efforts for any control gaps identified during internal or external audits.
Systems and Process Improvement
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Support SAP regression and integration testing related to finance system changes.
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Drive process improvements, standardization, and automation initiatives within finance operations.
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Ensure compliance with finance policies, governance standards, and data integrity requirements.
Stakeholder and other support
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Manage relationships with outsourced finance service providers, ensuring service quality and timely resolution of operational issues.
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Collaborate with cross-functional teams to ensure accurate and timely completion of financial reporting and operational activities.
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Prepare ad-hoc financial reports, analysis, and management presentations as required.
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Support business initiatives and other finance-related projects as assigned.
embecta is an Equal Opportunity/Affirmative Action Employer. We do not unlawfully discriminate on the basis of race, color, religion, age, sex, creed, national origin, ancestry, citizenship status, marital or domestic or civil union status, familial status, affectional or sexual orientation, gender identity or expression, genetics, disability, military eligibility or veteran status, or any other protected status.
