Oracle Regional Controller, Latin America Divsion in Rocklin, California
Regional Controller, Latin America Divsion
The Global Controller Operations (GCO) team for Latin America is a key part of Oracle’s World Class Finance organization. This progressive and innovative team comprises a dynamic group of approximately 40 financial professionals responsible for Oracle’s US GAAP external reporting, external statutory reporting, US & local compliance and fiduciary responsibilities, as well as mergers and acquisitions.
The Regional Controller, among other Finance functions, has a direct fiduciary responsibility for compliance and protecting the interests of Oracle Corporation (Oracle) and for the legal entities of Oracle in the region. The Finance Director may serve as a member of the Board of Directors or Country Management Team in country, ensuring the Oracle legal entities are compliant with all US GAAP (Generally Accepted Accounting Principles) and local tax and accounting regulations, required by local country legislation.
Specific areas of responsibility will include GCO (Global Controllers Organization) representation on the Board of Directors for legal entities operating in the region, ensuring the financial controllership of legal entity assets and liabilities; ensuring the financial reporting of legal entities’ and line of business results (monthly, quarterly, and annually) in accordance with US GAAP; ensuring analysis and interpretation of financial results to manage risk presented to Oracle operations.
Responsibilities also include corporate governance, ensuring that Oracle legal entities are operating in compliance of Oracle’s policies and procedures, in order to preserve shareholders’ value.
The Regional Controller will work very closely with Senior Management and will support cross-functional relationships with Oracle’s Finance, Sales, Legal, Human Resources, Tax and Treasury organizations, in addition to acting as a liaison with corporate lawyers, auditors and advisors, Central Bank authorities and other government institutions as required.
Fiduciary responsibility for Oracle as a Corporation and for Oracle’s legal entities, as a member of the legal entity Board of Directors, to ensure that Oracle complies with all financial and tax regulations in country; to safeguard the legal entity operations from financial and operational risks, resulting from non-compliance with local country laws and regulations and to ensure that the legal entity adheres to Oracle’s Global Finance Policies.
Act as an independent advisor to the business, managing and coordinating the relationship with external professional advisors (including auditors, tax advisors, legal counsel), on issues which present a financial, operational or compliance risk for the legal entity.
Ensure that local legislation and Oracle’s Global Finance Policies are applied and followed in all areas of finance, including globalized and localized process areas: Order to Cash, Source to Settle, Logistics, Treasury & Cash Management.
Assessment and review of the operating cash flow, dividends and solvency requirements of the legal entities liaising with Tax, Legal and Treasury.
Lead a team of Financial Controllers and professional Senior Accountants responsible for US GAAP, SEC 10-Q, 10-K filings and information for the earnings release, in addition to local GAAP reporting requirements and local country compliance, including statutory audit of financial statements ensuring all filings are completed within required reporting dates.
Manage monthly and quarterly close cycles, ensuring that US GAAP financial reporting is performed timely, in accordance with corporate close guidelines, reviewing income statement and balance sheet reconciliations to ensure the accuracy and integrity of the financial statements.
Lead the preparation and audit of the statutory financial statements ensuring that the financial accounts are prepared in accordance with local GAAP, and that all supplementary books and records are maintained in accordance with local accounting and tax code requirements.
Oversee the relationship with external auditors, coordinating all parties to ensure that the audits are planned, resourced effectively, executed efficiently and timely.
Review and approval of all material expenditure and disbursements including Payroll, Sales Tax, Income Tax and Intercompany settlements, in line with the Global Source to Settle Policy.
Responsible for resource assessments, including recruitment, performance management, and development of talent within the GCO to achieve organizational objectives.
Collaborate with Global Finance Organizations including, Global Business Finance, Global Payroll, Order to Cash, and Source to Settle for problem resolution and business process improvements.
Support Internal Audit and SOX PMO on the assessment of internal controls, implementing recommendations, reinforcing controls for deficiency and maintaining updated documentation on local processes
Collaboration with Tax organization on tax authority information requests and audits.
Support that best practice system processes and controls are implemented for the Corporation and legal entities to comply with all internal and external financial reporting obligations.
Direct through a team of Financial Controllers the GCO finance integration for merger and acquisition activity, including due diligence reviews, on-boarding and redeployment or exit of acquired entity personnel.
Assists in the development of objectives and planning to achieve Global & Regional strategic initiatives that optimize and enhance the operations of the Chief Accounting Officer organization.
Professional Accounting Qualification, CPA or local country equivalent is required.
MBA is a plus.
Minimum of 10 years of relevant experience including progressive experience with multinational companies. Technology sector or “Big 4” public accounting experience preferred. (5-7 of which must be at management level).
Good understanding across the breadth of finance responsibilities including, accounting, revenue recognition, treasury, tax, business practices, etc.
Knowledge and experience with international accounting, finance and tax regulations.
Excellent leadership, strategic planning and team building skills.
Dynamic, innovative & problem resolution focused.
Ability to immerse oneself to understand problems and propose solutions.
Influencing and persuasion skills at senior levels.
Ability to effectively manage a multi-location organization and adapt to different cultures.
Strong communication, interpersonal and presentation skills to interact with various levels of management.
Project Management capabilities - the ability to plan, initiate, monitor and implement projects within a team.
Ability to identify and execute operational excellence and continuous improvement initiatives to improve resource optimization.
Manage conflicts and /or stressing situations politically, avoiding fraction and escalation.
Knowledge and experience of ERP systems, including Oracle and Hyperion is an advantage.
Fluency in both Spanish and English.
Ability to travel internationally.
Detailed Description and Job Requirements
Coordinates, administers, and controls financial operations.
Coordinates, administers, and controls financial operations. Provides tax, insurance and other reports needed by governmental regulations. Reviews, analyzes, and interprets financial and budgetary reports. Directs all aspects of accounting operations and the preparation of annual financial forecasts. Oversees the development of financial accounting systems needed to maintain reporting specifications. Selects, develops, and evaluates personnel to ensure the efficient operation of the function.
Assists in the development of short, medium, and long term plans to achieve strategic objectives. Regularly interacts across functional areas with senior management or executives to ensure unit objectives are met. Ability to influence thinking or gain acceptance of others in sensitive situations. Demonstrated leadership and people management skills. Strong communication skills, analytical skills, thorough understanding of accounting. BS or MS degree or equivalent experience relevant to functional area.
Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans status or any other characteristic protected by law.
Job Type: Regular Employee Hire