Regional Compliance Manager at Omron Corporation

About the Job

• OMRON is now seeking for a highly motivated Regional Compliance Manager to join our team in South Africa.
• This position has evolved to work close to the local and Headquarter Finance and Accounting team, to the management in South Africa. Main responsibility is the local and group Compliance.
• At Omron, Ethics and Compliance is not just about complying with laws and regulations, our daily activities constantly consider our Omron Principles, meaning business and our operations are based on high ethical standards.

Overall Objectives:

• To ensure the company is conducting its business in full compliance with all regulations as well as professional standards, accepted business practices and internal standards, collaborating with Risk Managers within the BC’s to ensure corporate governance policies and Omron Group Rules (OGR’s) are adhered to.
• To support the efficient and effective local running of the Omron Management Centre Europe (OMCE) Finance & Accounting (F&A) and business control functions in Omron HQ.
• To work closely together with centralized F&A functions in headquarters to support internal business companies and external customers.
• To ensure that local compliance is met.

Summary Of Duties and Responsibilities

• Providing support to F&A activities and controlling activities in accordance with Roles & Responsibilities, ensuring compliancy with all Omron Corporation internal controls and procedures to the following Business Units
• Full responsibility for sign off on management accounts monthly, ensuring regular communication with General manager on monthly P&L
• Balance Sheet reconciliations support.
• Provide support in the preparation of the F&A European budgeting process for all assigned BC’s. Review and submit final annual budgets for F&A and Business Companies with input from local stakeholders.
• Manage, oversee, support and feedback to OMCE Function all internal and statutory audit activity to include any Tax authority interaction.
• Review monthly statements by analyzing and investigating variances; summarizing data, information, and trends.
• Support annual statements preparation.
• Prepare and support Tax Returns.
• Legal & fiduciary responsibilities.
• Prepare monthly cashflow.
• Analysis of monthly cashflow estimate versus actual.
• Support group financial audit.
• Manage local statutory audits.
• Responsible for supporting all Business Companies in all elements of compliance and risk management, ensuring the agenda and instructions set by the Area Risk and Compliance Manager are adhered to.
• Ensure that company business is conducted in compliance with all external rules, and with internal systems of control that are imposed to achieve compliance across all internal functions.
• Actively promote and raise awareness and understanding of the internal Omron Group Rules (OGR’s) and corporate governance policies as well as readiness of employees to appropriately respond to changes and incidents.
• Ensure all relevant training associated with internal OGR’s and external standards to include Ethics Inductions (Omron Principles & code of conduct).
• Ensure company policies are up to date.
• Company Secretarial responsibilities.
• Providing full JSOX CSA support when required.
• Local management of corporate governance.
• Organize all FM related activities in the office.

Required Education and Qualifications

• Bachelor’s degree in accounting and finance or equivalent

Required Specific Knowledge, Skills and Experience

• At least 5 years’ experience in Governance, Compliance & Risk Management as well as Business Controlling is preferred.
• Management experience in Finance & Accounting Department in a global organisation, to include experience of: Financial Statement & Corporate Tax Returns, Budget Control support, Statutory Reporting requirements, Understanding and knowledge of Month End closing processes.
• Native in local language and excellent written and spoken English.
• Strong commitment to integrity, ethical business conduct and compliance with the law. Interest in compliance and legal topics.