Confidential mandate
Regional Financial Controller — Asset-management Entity Reporting
Planned Hiring / New
Regional Financial Controller mandate in Mumbai, India · Asset-management Operating Companies
Lead continuing regional controllership for four asset-management operating entities, strengthen period-boundary judgement and material reporting evidence, and develop accountable entity finance ownership through an initial eighteen-month agenda while preserving separate fund-accounting and statutory responsibilities.
The mandate
Four asset-management operating entities produce reliable-looking finance packs but apply different review standards to fees, expense accruals and changes received after their reporting cut-offs. Regional reporting depends on central reviewers who reconstruct material judgements each month. The Regional Financial Controller will establish continuing ownership of entity reporting and period-boundary decisions, making the accepted figures explainable without allowing a completed consolidation to obscure weak local evidence.
The appointment covers the management companies' own financial accounts, not the independent calculation of every fund's asset value. Finance will trace fee and cost positions to approved agreements, source records and the relevant accounting conclusions. Fund-accounting teams supply their authorised information where required, and qualified specialists resolve legal or technical interpretations beyond entity finance. The controller must keep those interfaces clear so neither a fund report nor a commercial statement is treated as automatic proof of the operating company's accounting position.
Period closure requires judgement about facts, not merely adherence to a calendar. Late information may confirm an existing obligation, disclose a new event or challenge a previous estimate. The regional leader will require entity controllers to explain that distinction, preserve the original reporting position and seek appropriate approval for material change. Central entries must have a transparent source and owner; otherwise the apparent convenience of an adjustment becomes a recurring dependency that prevents local teams from learning why their submission was unreliable.
The controller leads twenty-four finance practitioners and determines reporting procedures, review priorities and delegated adjustment approval. Significant policy changes, historical corrections and material unresolved positions go to the Regional CFO and appropriate committee. Statutory signatures remain with authorised officers, tax positions with their specialist owners and investment choices with portfolio management. The role does not set fund valuations, approve investment trades or replace the region's treasury and regulatory officers.
The first eighteen months establish evidence standards, consistent period-boundary review and succession in the entity controller teams. Permanent employment is open-ended, with reporting stewardship continuing as businesses and obligations evolve. By the first annual review, material adjustments should be reproducible and late changes intelligible; later work develops local judgement so regional review challenges the substance rather than rebuilds every pack. Ongoing success is institutional control, not permanent reliance on one experienced controller's memory.
What you will own
- Establish reporting evidence standards for the four operating entities, tracing material fee and expense positions to approved sources before their balances enter the accepted regional result.
- Decide period-boundary review priorities through materiality and uncertainty, ensuring late information is assessed for its factual effect rather than accepted or rejected solely because a deadline has passed.
- Govern the regional adjustment register with original positions, source evidence and approval, preventing central corrections from becoming unexamined substitutes for accountable entity reporting.
- Build fee and cost reporting interfaces with authorised information owners, distinguishing management-company obligations from fund-accounting measures and referring unresolved interpretations to the appropriate qualified specialist.
- Challenge significant estimate changes through evidence of the underlying conditions, requiring entity controllers to explain why the accepted view differs from the previous period instead of supplying a balancing narrative.
- Lead audit and executive reporting reviews with a transparent unresolved-position record, preserving decision ownership and limitations where the available facts do not yet support a final treatment.
- Develop entity controller judgement through observed submission and review cycles, testing whether local leaders can reproduce accepted positions and maintain the reporting standard when central reviewers change.
Candidate qualifications
- Demonstrate substantial senior financial-control or controllership responsibility in asset management, financial services or a comparable multi-entity environment. Explain a material reporting position you personally challenged, the source evidence inspected and the approval reached. The relevant record must show accountable judgement and continuing finance leadership, including a decision whose quality could not be established simply by agreement of the consolidated total.
- Bring practical competence in financial reporting, accruals, estimates and the distinction between a period's facts and later information. Describe a late change that required careful treatment, how you preserved the earlier position and why the accepted conclusion belonged in that reporting period. Formal technical advice may be needed for specialised questions; the controller must obtain it and explain its consequence rather than claim unsupported signing or opinion authority.
- Show strong balance reconciliation and evidence-review methods with a clear understanding of entity and group responsibilities. Relevant proof should expose an unsupported central adjustment, a weak source assumption or an unresolved interface. Explain how you corrected the ownership and tested the next submission, including the limitation that remained visible instead of being hidden through an apparently convenient reporting entry.
- Establish sustained leadership of accountants, reporting reviewers or controller counterparts and constructive challenge of senior operating stakeholders. Give an example of developing another finance leader's judgement rather than retaining every difficult decision yourself. The appointment needs regional coordination, disciplined escalation and the ability to maintain credible reporting under time pressure while statutory, tax, investment and fund-accounting decisions remain with their authorised owners.
Application
Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.
There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 14 October 2026. Mandate reference CVU-PER-2026-IND-087.
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