Legal Entity Controller - APAC Region

About the Role:

About the Role:  As a Legal Entity Controller for APAC Legal entities, you will play a crucial role within the OSTTRA Finance Team, focusing on the financial oversight of legal entities to ensure the integrity and accuracy of their financial statements and reporting. The ideal candidate is detail-oriented, highly analytical, and proactive in identifying and implementing process improvements to enhance accuracy, strengthen internal controls, and increase efficiency. This individual should also thrive in a fast-paced, growing environment.

The Team: Osttra Finance Team is based out of the UK, India, Penang, Sweden and US. It is an entrepreneurial  team, who is highly energetic, flexible, dynamic and works beyond boundaries to deliver the real values. We are standing up an independent global finance team.  

(Hiring Manager to provide to Recruiter - Describe in 2-3 sentences about the team’s dynamic, what makes it different, what it values, etc)

Location: Penang, Malaysia

Working Hours: Malaysia Hours (the candidate must be flexible to support India hours) 

Responsibilities and Impact:

Role and responsibilities of a Legal Entity Controller for APAC entities (Singapore, Malaysia, Japan, Australia & Philippines)

The candidate is responsible for ensuring the ledger integrity encompassing several duties, including but not limited to:

• Team Leadership & Development: Help in expanding the Penang Finance team including recruitment, onboarding, training, and capability development.

• Technical Knowhow: Possessing a good understanding of accounting policies and their implementation in accordance with USGAAP/IFRS/local applicable standards. Also someone who will collaborate with Group Controllers.
• Periodic Close: Manage the monthly, quarterly and annual closing processes. Prepare financial reports and presentations for senior management and external stakeholders.

• Audit: Lead statutory audit locally and support group audit. Work with  Internal and External Auditors as required.

• Taxation:  Working with Group Tax ensures local tax compliance obligations (Corporate Tax, GST and Transfer Pricing) are met with a high degree of accuracy and timeliness.

• Compliances: Ensure timely compliance with all relevant regulatory filings as required by local statutory laws for each of entities in the APAC region.

• Internal Controls: Ensure the entity is in compliance with internal policies and procedures. Set-up a control governance across financial processes.

• Treasury: Coordinate with Global Treasury to manage local treasury Operations (Working Capital requirements, forecast and capex if any)

• Stakeholder Management: Collaborate cross-functionally with teams such as Group Financial Control, Tax, FP&A, Legal Risk Compliance (LRC), Business functions and Technical Accounting to strategically address and resolve ad-hoc financial and operational challenges.

• Reconciliation & Substantiation: Performing sub-ledger to general ledger reconciliation and substantiation of journals and balance sheet accounts to ensure accuracy and resolve any discrepancies promptly.

• Process Improvement: Proactively identifying opportunities to enhance and streamline accounting processes, leveraging automation and best practices to improve efficiency and accuracy.

• Initiatives / Projects: Lead initiatives / projects as required to support any business driven / system changes.

What We’re Looking For:

Basic Required Experience:

To be successful in this role, APAC LE controller lead must possess a mix of Technical, Professional and People Leadership competencies.

• Experience: 12-15 years of relevant experience in an accounting or finance role, with a strong focus on Statutory Audit, Tax, compliances and month-end. . For the right candidate we will be willing to flex the requirement of number of years of experience.
• Financial & Accounting Acumen: Good understanding of accounting principles (US GAAP) and financial reporting with specialisation of staff costs accounting.
• Technical Accounting: Advanced knowledge of SFRS, local standards, converged with and largely based on IFRS, USGAAP
• Driving Change & System Implementation: Good working experience in process & system transition (Preferably SAP). As a process owner, can play a key role in implementations before go-live and can manage post go-live. Someone who embraces and champions change, thrive in dynamic environments, and drives innovation.

• Team Management: Team lead experience in global working environment, effective delegations within team, goal setting and performance discussions, can build a high performing team with a clear sense of ownership and accountability. 

• Communication: Exceptional verbal and written communication skills, with the ability to present complex financial information clearly and concisely to key stakeholders (Group Controller, CFO).

• Analytical skills: Excellent quantitative and analytical skills to interpret complex financial data and trends.
• Attention to Detail: Meticulous approach to reviewing financial data, reconciliations, and journal entries to ensure 100% accuracy.

• Adaptability: Ability to thrive in a fast-paced, dynamic environment and manage competing priorities effectively.
• Problem-solving: Proactive and solution-oriented mindset, with the ability to identify issues and implement effective resolutions.

Technological proficiency: Strong proficiency in Microsoft Excel (VLOOKUP, pivot tables, advanced formulas) and extensive experience with ERP systems (e.g., SAP, Oracle, Workday, Dayforce) for payroll and general ledger functionalities.

 Additional Preferred Qualifications:

• CA / Equivalent Professional Accounting Certifications   
• Specialization in Legal Entity controllers for at least the last 10 years.
• Strong experience with month-end close procedures and financial reporting.

 

About OSTTRA

Candidates should note that OSTTRA is an independent firm, jointly owned by S&P Global and CME Group.  As part of the joint venture, S&P Global provides recruitment services to OSTTRA - however, successful candidates will be interviewed and directly employed by OSTTRA, joining our global team of more than 1,200 post trade experts.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20+ years:  MarkitServ, Traiana, TriOptima and Reset.  OSTTRA is a joint venture, owned 50/50 by S&P Global and CME Group.

 With an outstanding track record of developing and supporting critical market infrastructure, our combined network connects thousands of market participants to streamline end to end workflows - from trade capture at the point of execution, through portfolio optimization, to clearing and settlement.

Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology, playing a central role in supporting global financial markets. 

Learn more at www.osttra.com.

What’s In It For You?

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include: 

• Health & Wellness: Health care coverage designed for the mind and body.

• Flexible Downtime: Generous time off helps keep you energized for your time on.

• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to reportfraud@spglobal.com. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.

20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT203 - Entry Professional (EEO Job Group)