Manager - Cost Controllership

Ascendion

About Ascendion

Ascendion is a leader in AI-powered software engineering, helping businesses innovate faster, smarter, and with greater impact. We partner with Global 2000 clients across North America, UK, Europe, and APAC to solve complex challenges in data, experience design, software product engineering, and workforce transformation. Powered by expert engineers, thousands of AI agents, and our Engineering to the Power of AI (EngineeringAI) method, we deliver measurable outcomes that build trust, unlock value, and accelerate growth. Learn more at ascendion.com

Ascendion | Engineering to elevate life

We have a culture built on opportunity, inclusion, and a spirit of partnership. Come, change the world with us:

Build the coolest tech for world’s leading brands
Solve complex problems – and learn new skills
Experience the power of transforming digital engineering for Fortune 500 clients
Master your craft with leading training programs and hands-on experience

Location: Pune/ Vadodara

Role Objective

Lead end-to-end cost controllership for a service entity, ensuring accurate cost accounting, timely month-end closing, compliance with accounting standards, statutory audit readiness, strong financial controls, and continuous process improvement across the finance function.

Key Responsibilities

Cost Controllership & Accounting

 Manage end-to-end cost controllership activities, ensuring accurate recording, classification, and reporting of costs.

 Review cost movements, variances, accruals, provisions, and other key cost-related accounting activities.

 Drive accurate and timely month-end closing and ensure all cost-related accounts are properly reconciled.

 Analyze cost trends and variances and provide meaningful insights to business and finance leadership.

 Ensure appropriate accounting treatment in line with applicable Accounting Standards and Ind AS.

Month-End Closing & Financial Reporting

 Own and coordinate month-end closing activities, ensuring timely and accurate financial reporting.

 Review journal entries, accruals, provisions, reconciliations, and other closing activities.

 Ensure completeness and accuracy of financial statements and supporting schedules.

 Identify opportunities to improve the close process and reduce turnaround time.

Statutory Audit & Compliance

 Act as the primary SPOC for statutory auditors and coordinate the end-to-end audit process.

 Prepare and review financial statements, audit schedules, supporting documentation, and disclosures.

 Ensure timely closure of audit observations, CARO/IFC points, and management letter items.

 Support compliance with applicable statutory and regulatory requirements.

Internal Controls & Process Improvements

 Maintain strong financial controls across accounting and controllership processes.

 Identify process gaps and implement improvements to strengthen controls, accuracy, and efficiency.

 Drive standardization and automation of finance processes wherever applicable.

 Ensure proper documentation of processes, controls, and accounting procedures.

Stakeholder Management

 Partner with Finance, FP&A, Tax, Treasury, HR, Procurement, and business stakeholders on cost and controllership matters.

 Support management reviews with timely financial analysis, cost insights, and variance explanations.

 Coordinate with global stakeholders and ensure timely closure of finance-related requests.

Required Qualifications

 CA Inter / Semi-Qualified CA with 8–10 years of relevant experience in controllership/cost controllership.

 Strong hands-on experience in Cost Controllership, Accounting Standards, Month-End Closing, and Statutory Audits.

 Good understanding of Ind AS and financial accounting principles.

 Experience in process improvements, financial controls, reconciliations, accruals, provisions, and variance analysis.

 Strong communication and stakeholder management skills.

 Experience working in an MNC/GCC/service-sector environment would be preferred.

 Strong ERP knowledge such as SAP, Oracle, NetSuite, or similar platforms would be an advantage.