Controllership Manager (Finance Manager) - Open to Hyderabad, Bangalore, or Pune

Velotic is a newly-formed independent software company with a pure-play focus on industrial operations. We unite two category-defining portfolios -- ThingWorx and Kepware (formerly part of PTC) and Proficy (formerly part of GE Vernova) -- to transform industrial manufacturing, at scale. With $350M in annual revenue, a global footprint across a range of industries, a legacy customer base, and our intelligent data connectivity systems and AI solutions, we are one of the world's largest independent software companies focused on industrial operations -- here to power the future of manufacturing.



OUR MISSION 

Enabling the world's industrial producers to do the right things right—across every shift, every plant, every day. We help manufacturers prosper by equipping them with software-defined, data-driven production systems that elevate quality, accelerate cycle times, improve resilience, and enable sustainable profit growth.



WHY THIS IS A ONCE-IN-A-CAREER OPPORTUNITY

• Lead in a market undergoing significant disruption and growth from cloud migration to edge intelligence to AI-powered industrial automation.
• Join a culture defined by ambition, authenticity, speed, teamwork, and the belief that manufacturing can meaningfully improve the world.
• Competitive benefits, compensation and long-term impact on how the world’s industrial companies operate, automate, and innovate.

ROLE SUMMARY

Under the leadership of the Global Business controller, we are hiring a Controllership Manager in India to lead wing to wing Finance operations including budgeting, forecasting, finance operations, Monthly, quarterly and yearly Finance Closing and Reporting, Banking/Treasury and cash management, Controllership, Stat audit and compliance with Tax in India for the India legal entity. This role is critical to Velotic as it grows in the region.

The India Controllership Leader, at Velotic, will primarily be responsible 1) To own finance process delivery for India legal entity adhering to SLAs defined by the US/Global Finance and Controllership teams – quality, accuracy & timeliness of output  (2) effective coordination with cross functional groups of Controllership, FP&A, and Operational Finance to identify and resolve closing & reporting, business process, and performance challenges faced in India (3) driving continuous process improvements to reduce our closing and reporting cycle time & improve quality of closing processes and (4) partnering with FP&A and Finance teams in improving analytical capabilities through systemic and process improvements 5) Stat reporting and Stat Compliance: closely aligning team and priorities on both USGAAP and Stat reporting 6) Assist with ERP implementation and ERP improvement opportunities.

 

KEY RESPONSIBILITIES

• Own wing to wing Finance matters for the India Legal entity of Velotic. Work with senior leadership in the country to setup and improve operational processes and in turn support cost control focused India business including Cash management.
• Ensure development and sustenance of Financial reporting for timely delivery of reporting and analytics to US/Global Finance and business leadership. Reports include but not limited to financial statements, FP&A/ management reporting and operational finance, standard and Adhoc analysis for FP&A and operational finance.
• Support external and internal audits and any Stat / Tax support as needed, drive process improvements on Stat.
• Identify process gaps, waste, and defects to continuously improve operational processes.
• Ensure timely, and accurate preparation/completion of activities required for quarter-end and month-end closing and year end.
• Develop and improve processes around balance sheet visibility to detect material matters, drive 100% reconciliation of balance sheet accounts on a monthly or quarterly basis, as defined by US Controllership leadership, escalate material matters to Controllership and FP&A leadership for resolution.
• Understand Velotic Policies and ensure that all accounting processes are in line with Velotic regulations and principles, and confidentiality is respected in data handling when working with personal data and/or sensitive data
• Develop close partnership in India between Controllership and FP&A teams to mutually leverage and benefit Income Statement and Balance sheet to each other’s benefit.
• Support ERP implementation, own and deliver on ERP improvement projects
• Support Global Controller / CFO / FP&A executive in ad-hoc projects from time to time
• Opportunity to take on more responsibility for the company as it expands and hashes out its finance support strategy for all the Velotic legal entities and Financial processes across the globe.

Qualifications / Requirements

• Problem solving, continuous improvement, and passion to deliver results
• Excellent communication skills, ability to communicate complex issues in concise manner
• Financial reporting & analysis expertise
• Self-driven
• Connecting the results/analysis to business, strategy, and process
• Experience with Oracle, NetSuite
• Demonstratable experience in holding people accountable for results and holding self-accountable and on integrity.

Education & Experience

• Bachelor’s degree in finance/accounting or equivalent experience
• 12-15 years of experience working in diversified finance roles covering Controllership, FP&A, and Operational finance. Treasury and tax experience will be a plus.
• Proficiency with Microsoft Office products
• Experience with ERP implementations
• Experience with interacting and staying ahead on matters with local government bodies for Tax and local regulatory compliance

WORK ENVIRONMENT

Hybrid

Learn more at: www.velotic.com