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Astellas Pharma Assistant Controller in Bangalore, India

Global Capability Center (GCC) Assistant Controller

Do you want to be part of an inclusive team that works to develop innovative therapies for patients? Every day, we are driven to develop and deliver innovative and effective new medicines to patients and physicians. If you want to be part of this exciting work, you belong at Astellas!

Astellas Pharma Inc. is a pharmaceutical company conducting business in more than 70 countries around the world. We are committed to turning innovative science into medical solutions that bring value and hope to patients and their families. Keeping our focus on addressing unmet medical needs and conducting our business with ethics and integrity enables us to improve the health of people throughout the world. For more information on Astellas, please visit our website at www.astellas.com .

This is an office-based position in Bangalore, India.

Purpose and Scope

The Assistant Controller plays a crucial role in managing Global Business Services (GBS) activities within a country, specifically ensuring that the financial records of all Indian entities comply with statutory, regulatory, and group reporting requirements. Here’s a concise overview of the key responsibilities :

  • Financial Compliance: Ensure that all financial records are prepared in accordance with relevant laws and group standards.

  • Control Environment: Establish and maintain a strong control environment over accounting and finance processes, ensuring that necessary controls are effectively executed and documented.

  • Team Management: Lead an internal team while overseeing transactional accounting activities performed by a Business Process Outsourcer (BPO) to meet financial objectives.

  • Collaboration: Work closely with the Cluster 3 Controller to deliver accurate financial statements and support financial reporting to the Reporting Group.

Essential Job Responsibilities

RTR Responsibilities

Financial Closing :

  • Coordinate monthly, quarterly, and annual financial closings for India entities, ensuring accuracy with internal and BPO teams.

  • Manage financials for legal entities and IP holders.

  • Support Commercial Finance, Corporate Functions, R&D, and IS with financial close and accounting issues.

  • Assist ERT and Tax with transfer pricing, financial consolidation, audits, and control frameworks.

  • Align with RTR/OTC/PTP Regional Process Owners for process standardization.

Financial Close Process :

  • Oversee financial close and ensure integrity of financial statements.

  • Establish processes for collecting information and generating journal requests (e.g., prepayments, accruals).

  • Review and approve reconciliations and intercompany recharges.

  • Provide guidance on complex transactions and support Global Process Areas (O2C, P2P, SCM) with local/IFRS accounting.

  • Perform cash flow forecasts and assist in managerial accounts.

  • Collaborate on Finance Master Data for reporting.

Financial Compliance:

  • Ensure adherence to Astellas accounting policies and effective financial controls.

  • Apply Finance Authorization rules consistently and comply with healthcare standards.

  • Foster a compliance culture and proactively address non-compliance.

  • Assess IFRS changes and develop accounting treatment guidance.

Statutory, Tax, and Audit :

  • Support internal and external audits and local tax authorities.

  • Review reports for tax and statutory filings and coordinate with the Americas tax department for compliance.

  • Maintain evidence of control operations for audits and collaborate on audit processes.

  • Ensure timely submission of local statutory requirements.

OTC/PTP Responsibilities

Service Management :

  • Ensure end-to-end service delivery to internal and external customers.

  • Prioritize resources to meet service delivery timelines and manage team performance.

  • Ensure compliance with J-SOX and Internal Audit, recording accounting entries per IFRS and local GAAP.

Request Management :

  • Act as a key resource and escalation point for customers.

Governance, Performance Management, and Reporting :

  • Ensure service delivery meets KPIs and define/report on metrics.

  • Contribute to GBS strategy by maintaining a monitoring system for processing quality.

  • Support the Operational Governance Committee.

Customer Experience and Relationship Management:

  • Foster collaborative relationships with internal customers, ensuring SLA compliance.

  • Chair meetings for process improvement and issue resolution, presenting at Senior Management meetings.

  • Manage relationships with internal business partners for high service delivery.

  • Knowledge Management & People Development:

  • Serve as a Subject Matter Expert and conduct necessary training.

Continuous Improvement :

  • Identify opportunities for customer service improvement and collaborate on projects.

  • Manage projects with key stakeholders in global initiatives.

Financial/Budget Management:

  • Support to develop annual plans/budgets and manage actual figures against the budget

Organizational Context ( Intent is to give a sense of the work environment in which the responsibilities are performed )

Member of GBS organization. The position reports into Cluster Controller and collaborates with local Commercial Finance and Functional stakeholders.

Internal Stakeholders

  • Head of GBS Tower

  • Finance Towers Leadership outside GBS

  • Record to Report Service Delivery Head

  • Affiliate Leadership and Commercial Finance Team

  • General Manager of Subsidiary

  • Financial Controls and Governance (FC&G)

  • GBS Regional Process Owners

  • Systems team

External Stakeholders

  • External auditors, Tax and statutory Authorities

Required Qualifications

Minimum Qualifications

  • Education : University degree in Accounting, Finance, or a related field

  • Language Proficiency : Fluency in the local language and conversational/business English (equivalent to TOEFL iBT 105+, IELTS 7.5, CAE, or TOEIC scores)

  • Accounting Certification : ACA, ACCA, CPA, CA, or equivalent accounting qualification

Minimum Experience – a minimum of 8 years experience across the following:

  • Accounting Knowledge : Strong understanding of IFRS/Local GAAP and internal control standards

  • Tax Knowledge : Familiarity with local statutory tax requirements

  • Technical Skills : Advanced proficiency in Excel and PowerPoint

  • Leadership : Proven ability to manage and inspire a team

  • IT Literacy : Familiarity with financial systems

Job-Specific Skills

  • Communication: Effective communication skills across various management levels

  • Financial Analysis: Strong financial analysis capabilities

  • Project Management: Organizational and project management skills

  • Teamwork: Collaborative and partnering behaviors

  • Process Improvement: Experience in implementing process changes

Preferred Qualifications

  • Background: Experience with Big 4 auditing firms preferred

  • Industry Experience: Background in healthcare or pharmaceuticals preferred

  • Software Proficiency: Knowledge of SAP B1 and S4 Hana

Working Environment

  • Co-location Requirement : Must be based at the Astellas location but willing to travel both internationally and domestically as needed.

  • Dynamic Environment : Ability to thrive in a fast-paced, rapidly changing setting.

  • Project Management : Capable of managing multiple projects and meeting deadlines effectively.

  • Global Collaboration : Operate efficiently in a global context, utilizing remote communication and respecting diverse cultural backgrounds.

  • Flexible Work Arrangement : Occasional remote work is permitted with approval from the line manager and affiliate partner.

Category Global Financial Solutions

Astellas is committed to equality of opportunity in all aspects of employment.

EOE including Disability/Protected Veterans

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