Group Financial Controller

Job Description

The TSM Group Financial Controller is responsible for overseeing and consolidating the financial operations of all subsidiaries within the group, ensuring financial accuracy, compliance, and alignment with corporate strategies. This role involves managing group-level financial reporting, budgeting, and internal controls while providing strategic financial guidance to the subsidiaries. The Group Financial Controller will work closely with subsidiary controllers to ensure consistent financial practices and contribute to the overall financial health of the group. Occasionally visit subsidiaries.

Responsibilities

Group Financial Reporting

• Consolidate financial statements from all subsidiaries, ensuring accuracy and compliance with GAAP/IFRS and corporate policies.
• Oversee the preparation of consolidated financial reports for the group, including profit and loss, balance sheet, and cash flow statements.
• Manage the monthly, quarterly, and annual financial closing processes across all subsidiaries.
  
  

Group Budgeting and Forecasting

• Lead the group-wide budgeting process, including the consolidation of subsidiary budgets.
• Develop financial forecasts at the group level, conducting variance analysis and providing insights to senior management.
• Ensure alignment of subsidiary budgets with overall corporate financial goals.
  
  

Financial Oversight of Subsidiaries

• Provide financial oversight and support to subsidiary controllers, ensuring consistency in financial practices and reporting.
• Monitor financial performance of subsidiaries, identifying risks and opportunities.
• Review and approve significant financial decisions made by subsidiaries, such as capital investments and cost-saving initiatives.
  
  

Internal Controls and Compliance

• Implement and maintain strong internal controls across the group to ensure the integrity of financial data.
• Ensure group-wide compliance with all relevant financial regulations and accounting standards.
• Coordinate group-level internal and external audits, addressing any findings and recommendations.
  
  

Strategic Financial Planning

• Provide strategic financial guidance to the CFO and/or executive team, contributing to long term business planning and strategy.
• Assess the financial impact of potential acquisitions, mergers, or other strategic initiatives at the group level.
• Collaborate with subsidiary management teams to align financial goals with operational objectives.
  
  

Team Leadership

• Lead and develop the group finance team, including subsidiary teams.
• Foster a culture of collaboration, continuous improvement, and professional development within the finance function.
• Set performance goals and conduct regular performance reviews for the group finance team.
  
  

Qualifications

• Bachelor’s degree in Finance, Accounting, or a related field is required.
• Prior Big 4 experience and/or Chartered Certified Accountant – ACCA certified or MIA or equivalent.
• Professional qualifications such as CPA, CMA, or equivalent are highly desirable.
• A Master’s degree in Finance, Accounting, or Business Administration is preferred.
• A minimum of 6-12 years of progressive financial management experience, with at least 3-5 years in a group or corporate financial controller role.
• Strong knowledge of GAAP/IFRS and both international and local reporting standards and regulations.
• Extensive experience in managing financial operations across multiple subsidiaries, preferably in diverse industries including manufacturing.
• Proven track record of consolidating financial reports and leading group-level financial planning.