As a valued employee of the British Council, you already help us deliver our mission to support peace and prosperity by building connections, understanding and trust between people in the UK and countries worldwide. For over 90 years we have shaped brighter futures through education, arts, culture, language, and creativity.You are part of our organisation in over 200 countries and territories and where we are on the ground in more than 100 countries.We connect. We inspire.Job Title: Senior Manager Audit and ReportingPurpose of job:The main purpose of this role is to manage the audit and reporting vertical of the BC Education India Private Limited which is growing and of strategic importance to the British Council. The role will oversee all accounting and reporting and ensure adherence to internal compliance. The role holder will be required to work extensively with statutory auditor of the Company, NAO of UK, Internal audit team of British Council, South Asia Regional Finance controller, Risk and Compliance team and many others.Role context:BC Education India Private Limited is the subsidiary of the British Council which is engaged in business of: Providing local administrative support to organize, administer and conduct examinations on behalf of British Council- UK at test centers in India;Offering training courses/tests in English language in India for individuals, educational institutions and organizations; andCorporate sponsorship and related activities and distribution and marketing of rights in relation to such activities. The main focus of this role will be to ensure the effective management of our finances function under the operating model as an enabler to allow us to achieve our ambitions of our business. The role will report to the Senior Finance Controller of the Company. The major roles and responsibilities associated with this position include Financial and management reporting, month/year end reporting and closing process, fixed assets management, accounts receivable and other activities associated with governance of finance function.Main opportunities/challenges for this role Accountabilities, responsibilities and main duties:Financial Strategies, Control and Reporting:Oversee appropriate recording in month/year end accounting for the company and post the appropriate journals, where requiredLeading the statutory and tax audit under the income tax act which include preparation of the data for auditor, coordination with the business team for audit queries and keeping the track of the audit calendarEnsure timely and accurate closure of books, efficient and accurate completion of month/year end processes and reportsSupport FP&A team in review of budget versus actual costMonitor and review the entire R2R cycle of company which include bank account management.Coordinate with direct and Indirect tax for business related queriesCoordinate with Shared Service Centre and Managed Service provider.Establishes systems and processes for financial control and risk mitigationFixed Assets managementEnsure accurate and timely capitalization of all assetsReconciliation of asset cost and amortization as per BC policies and Indian Accounting StandardsReview of reconciliation of AUC accounts with assets accounts to ensure accuracy of asset capitalizationReview of accuracy of Fixed Asset Register and its corresponding entry in asset accountsEnsuring control and documentary evidence of revaluation and / or sale of assetsManaging insurance of assetsInternal Controls and AuditEnsuring appropriate internal controls with effective documentation and back-ups to meet ICFR requirementsReview of trackers for all compliances on a monthly basisLeading on the compliance of the Financial Control and Compliance Framework (FCCF) / Period End Checklist (PEC) and other governance requirements required by the British CouncilExtending support in the NAO Audit and BC Internal AuditExtending supporting in the GST audit and transfer pricing audit of the Company.Accounts receivable managementCoordinate with managed service provider to review of the accounts receivable schedule on monthly basis and organizing monthly review call with the business teamEnsuring the effectiveness of the tracker related to the deductions made by the customer and also maintaining the tracker of 26AS (withholding tax deducted by the customer)Monitoring of the deferred revenue process and also coordinating with business team for necessary information which helps in accounting.Preparation of audit schedule and handling audit queriesPayroll:Review of payroll shared by HRValidate the calculation of payroll compliance (PF, ESIC, PT etc.) and timely submission of duesValidate the Full & Final settlement sheets shared by HRReview and Monitoring of income tax proof submitted by the employeesCoordinating with the tax consultant on the Expat withholding taxCoordinate with HR in implementation of monetary benefit announced by the companyEngagement with other Business support functions:Supporting the business team to review the financial impacts on the new business proposalsWorking closely with the regional finance controller on the controls and changes in finance governance processImplementing new controls and policies with the support of business to increase effectiveness and efficiency in the finance processWorking closely with FP&A and tax team of the CompanyPeople Management:Coordinating with the Regional Finance Controller, Shared Service Centre (SSC) and Managed Service Provider (MSP)Role specific skills:Ability to work effectively within a geographically dispersed matrix structure, including coordinating resources that may not be directly under the postholder's control.Should have expertise in statutory audits, internal audits, financial reporting, internal controls over financial reporting, Ind-AS and Indian GAAP, fixed asset accounting, month-end closing processes, and related financial activities.Role specific knowledge and experienceEssential:Intermediate experience in the finance function/statutory audit of any entity.Technically skilled under the Indian accounting standards and IFRS.DesirableDemonstrable and up-to-date knowledge of Indian Company Law, taxes (both direct and indirect) and accounting standard.Knowledge in SAP and Microsoft office.Knowledge UK GAAP (Generally Accepted Accounting Principles).Qualifications Essential: Graduate and Qualified Chartered Accountant (Must) - [Preferrable CA batches : May 2020 to Nov 2024)Further InformationPay Band - 6Contract Type - Indefinite Starting Salary range: The gross annual salary for this post is INR 1040000 Department/Country- Country Finance Operations / India - Noida | Chennai | MumbaiClosing Date (Time) - 5 May 2025 23:59 IST Time/19:29 UK TimeA connected and trusted UK in a more connected and trusted world.Equality , Diversity, and Inclusion (EDI) StatementThe British Council is committed to policies and practices of equality, diversity and inclusion across everything we do. We support all staff to make sure their behaviour is consistent with this commitment. We want to address under representation and encourage applicants from under-represented groups, in particular, but not exclusively, on grounds of ethnicity and disability. All disabled applicants who meet the essential criteria are guaranteed an interview and we have Disability Confident Employer Status. We welcome discussions about specific requirements or adjustments to enable participation and engagement in our work and activities.The British Council is committed to safeguarding children, young people and adults who we work with.We believe that all children and adults everywhere in the world deserve to live in safe environments and have the right to be protected from all forms of abuse, maltreatment and exploitation as set out in article 19, UNCRC (United Nations Convention on the Rights of the Child) 1989.Appointment to positions where there is direct involvement with vulnerable groups will be dependent on thorough checks being completed; these will include qualification checks, reference checks, identity & criminal record checks in line with legal requirements and with the British Council's Safeguarding policies for Adults and Children.If you have any problems with your application please email askhr@britishcouncil.orgPlease note: Applications to this role can only be considered when made through the Apply section of our careers website. Our 'ASK HR' email is only to be used in case of a technical issue encountered when applying through the careers website. Emails with supporting statements and CV/Resumes sent to this email address will not be reviewed and will be deleted.