Legal Entity Controller at Kenvue

Bangalore, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

31 Mar, 26

Salary

0.0

Posted On

31 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, Auditing, Leadership, Analytical Skills, Communication Skills, Accounting Principles, Regulatory Standards, Team Management, SAP, Microsoft Office Suite, Strategic Planning, Decision Making, Tax Compliance, Internal Controls, Stakeholder Management, Complex Accounting

Industry

Personal Care Product Manufacturing

Description

Kenvue is currently recruiting for a: Legal Entity Controller What we do At Kenvue, we realize the extraordinary power of everyday care. Built on over a century of heritage and rooted in science, we’re the house of iconic brands - including NEUTROGENA®, AVEENO®, TYLENOL®, LISTERINE®, JOHNSON’S® and BAND-AID® that you already know and love. Science is our passion; care is our talent. Who We Are Our global team is ~ 22,000 brilliant people with a workplace culture where every voice matters, and every contribution is appreciated. We are passionate about insights, innovation and committed to delivering the best products to our customers. With expertise and empathy, being a Kenvuer means having the power to impact millions of people every day. We put people first, care fiercely, earn trust with science and solve with courage – and have brilliant opportunities waiting for you! Join us in shaping our future–and yours. For more information, click here. Role reports to: Senior Legal Entity Controller Location: Asia Pacific, India, Karnataka, Bangalore Work Location: Fully Onsite What you will do The Legal Entity Controller role primarily oversees the legal entity (LE) financial close process, financial reporting process, ensuring the integrity and precision of the LE financial statements, tax filings, reporting packages, and other relevant reports. In the context of local audits, the Legal Entity Controller plays a key role in ensuring that audits are on track, and statutory financial statements are published on time. Additionally, the role is instrumental in supporting the implementation and maintenance of requisite financial policies, risk control procedures, standard operating procedures, and internal control measures. Some of the responsibilities include streamlining month, quarter, and year-end closings within established timelines, handling high importance/complex items during entity closings, and managing local audits. The position requires interaction with various stakeholders, including Business Unit (BU) Finance, Supply Chain Finance, Tax, etc. providing crucial financial data and analysis. Additionally, it includes the recruitment and development of a high-performing accounting team. Key Responsibilities : Gain a thorough understanding of each legal entity’s jurisdiction to grasp the financial accounting and reporting procedures, bearing in mind the complexities and effect of local laws on the overall company’s financial protocols. Spearhead the timely assembly, submission, and sign off of financial statements, which includes the Balance Sheet, Profit & Loss, Cash Flow, alongside local tax requirements, internal reporting packages, and other mandatory reports in alignment with established accounting standards. Review and approve complex journal entries prepared by accounting teams. Lead the close process, which includes month-end, quarter-end, and year-end accounts for each legal entity within their jurisdiction. Ensure quality and timely execution of close activities and work in unison with the Finance Operations teams to ensure thorough completion of both sub-ledger and general ledger closures. Manage certain accounting processes such as revenue, procurement, fixed asset, intercompany and general accounting from initiation to journal entry posting, ensure they are performed on a timely manner for monthly and quarter-end closing. Manage and execute meaningful financial reviews for areas in scope. Responsible for the preparation of legal entity actuals variance analysis to track and explain any fluctuation in financial numbers. Collaborate and partner with key stakeholders including other Finance Operations teams, BU, BUF , Tax, external (PWC, EY, DT, etc.). Oversee internal controls and introduce enhancements as necessary to safeguard the integrity of financial information. Liaise with BU Finance teams to understand trends that may influence LE reporting and tax compliance due to local regulations. Collaborate with Regional Controller, Consolidations, and Technical Accounting teams to address intricate accounting issues. Regular and timely update to immediate manager, Senior Legal Entity Controller – particularly on issues impacting the team, close process and key stakeholders. Escalate any issues or potential complications concerning complex accounting matters to the attention of the immediate manager for prompt and effective resolution. Ensure compliance with accounting standards, WWP, key controls, DTP Lead statutory audits of assigned legal entity and ensure timely completion and submission of financial statements. Review statutory financial statements in line with local accounting standards. Monitor the progress of local audits, supplying necessary aid as required. Demonstrate the capability to manage and supervise a team of Legal Entity Accountants. Perform other tasks as deemed necessary by the immediate manager such as preparation of adhoc reports and analyses. Stakeholder Interaction: Local Finance Director and/or General Manager The LE Controller will closely support the local FD and/or GM related to all matters pertaining to entity results, financial statements, local filings, and compliance. Consolidations and Technical Accounting The LE Controller will actively connect with the Consolidations and the Technical Accounting team for guidance on complex accounting matters. BU Finance LE Controller will support BU Finance teams with regards to providing data for month-end performance analysis. Regional Controllers / Senior Legal Entity Controller The LE Controller will connect with the regional controllers on complex matters pertaining to entity financial reporting documents and other local filings, audit requests, etc. What We Are Looking For Required Qualifications A minimum of a bachelor’s degree is required in Finance / Accounting. Strong auditing background and/or strong foundation on technical financial accounting standards Fluent in English, confident in presenting to senior management in English. Other languages desired At least 10 years of proven experience in controllership or related functions, preferably in a multinational company. At least 5 years of Management / Supervisory experience is required. Deep understanding of accounting principles, financial legislation, and regulatory standards. US GAAP reporting experience is a plus Strong leadership skills with the ability to manage and develop a team. Strong analytical, strategic planning, and decision-making skills. Excellent interpersonal and communication skills. Ability to work in a fast-paced environment and manage well through ambiguity and complexity. Proficient in accounting software (e.g. SAP) and Microsoft Office Suite. Desired Qualifications CPA or related professional certification preferred. Master’s degree preferred. What’s In It For You Competitive Benefit Package* Paid Company Holidays, Paid Vacation, Volunteer Time, Summer Fridays & More! Learning & Development Opportunities Employee Resource Groups *Note: Total Rewards at Kenvue include salary, bonus (if applicable) and benefits. Your Talent Access Partner will be able to share more about our total rewards offerings and the specific salary range for the relevant location(s) during the recruitment & hiring process. Kenvue is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability. If you are an individual with a disability, please check our Disability Assistance page for information on how to request an accommodation. At Kenvue, we foster a culture of belonging. In 2024, Kenvue was selected as one of Seramount’s 100 Best Companies for working parents and caregivers, recognizing our ongoing commitment to providing inclusive benefits for Kenvuers and families. Our community attracts curious and collaborative team members motivated by always striving to improve. Our team offers you plenty of opportunities to deepen your existing expertise and build on new skills by broadening your exposure outside of your own category. By working across the business, we harness the power of data and technology in new ways to better understand human insights and drive better health outcomes.

Responsibilities

The Legal Entity Controller oversees the financial close process and ensures the integrity of financial statements and tax filings. This role also involves managing local audits and implementing financial policies and internal controls.