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Intern

Posted Yesterday
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Hybrid
Mumbai, Maharashtra
Internship
Hybrid
Mumbai, Maharashtra
Internship
Join the Asia Controllership team as a CA Industrial Trainee to assist with month-end close, financial reporting, reconciliations, statutory audits, tax and regulatory compliance, treasury operations, internal controls, fixed assets, and finance automation initiatives across Asia. Gain hands-on exposure to ERP systems, US GAAP and local reporting, audit coordination, and process improvement while collaborating with finance stakeholders and auditors.
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Industrial Trainee – Asia Controllership (ICAI)

About the Team

The Asia Controllership team is responsible for ensuring financial integrity, governance, regulatory compliance, and accurate financial reporting across multiple Asia entities. The team partners with finance, business stakeholders, auditors, tax advisors, and shared services to support a strong control environment and high-quality financial reporting.

Position Summary

We are seeking a highly motivated CA Industrial Trainee (ICAI) to join our Asia Controllership team. This role offers hands-on exposure to controllership, financial reporting, statutory audits, regulatory compliance, treasury operations, and finance transformation initiatives across multiple Asia-Pacific jurisdictions.

The trainee will gain practical experience in a multinational finance environment while working closely with experienced finance professionals on real business challenges.

Key Responsibilities

1. Financial Reporting & Month-End Close

  • Assist in month-end and quarter-end close activities.
  • Support preparation and review of account reconciliations.
  • Analyze balance sheet and P&L movements and investigate variances.
  • Assist in maintaining supporting documentation for financial reporting.
  • Support intercompany reconciliations and transaction reviews.
  • Participate in financial data validation and reporting activities.

2. Audit & Statutory Compliance

  • Assist in preparation of audit schedules and supporting documentation.
  • Coordinate with internal and external auditors to respond to audit queries.
  • Support statutory financial statement preparation and review processes.
  • Help organize and maintain audit-ready documentation.

3. Regulatory & Tax Compliance

  • Support compliance activities related to direct and indirect taxes.
  • Assist with reconciliations for TDS, GST, and other statutory requirements.
  • Support regulatory filing requirements for various Asia entities.
  • Participate in documentation and compliance tracking activities.

4. Treasury & Banking Operations

  • Assist with banking administration and treasury-related activities.
  • Support cash management reporting and reconciliations.
  • Participate in monitoring banking documentation and controls.

5. Internal Controls & Process Documentation

  • Assist in testing and documenting finance controls.
  • Support maintenance of SOPs, process maps, and control documentation.
  • Identify opportunities for strengthening processes and controls.
  • Participate in balance sheet review and control monitoring activities.

6. Fixed Assets & Accounting Support

  • Assist in maintaining fixed asset records and reconciliations.
  • Support asset verification exercises and documentation.
  • Help track additions, disposals, and depreciation-related information.

7. Finance Transformation & Automation

  • Participate in automation and process improvement initiatives.
  • Support reporting enhancements using Excel, Smart View, Oracle, BlackLine, or similar systems.
  • Assist in testing and implementation of new processes and system improvements.
  • Explore AI-enabled solutions to improve efficiency in finance operations.

Learning Opportunities

The Industrial Trainee will gain exposure to:

  • US GAAP and local statutory reporting requirements
  • Multi-country accounting and controllership
  • Month-end and year-end close processes
  • Internal controls and governance frameworks
  • Statutory and tax audits
  • Treasury and banking operations
  • ERP systems (Oracle/FCCS/BlackLine or equivalent)
  • Finance automation and AI-driven process improvements

Eligibility Criteria

  • Chartered Accountancy student registered with ICAI and eligible for Industrial Training as per ICAI guidelines.
  • Strong academic record and understanding of accounting principles.
  • Proficiency in Microsoft Excel.
  • Strong analytical, communication, and problem-solving skills.
  • Ability to collaborate effectively with multiple stakeholders and manage competing priorities.

Preferred Skills

  • Knowledge of accounting standards and financial reporting.
  • Exposure to ERP systems is an advantage.
  • Interest in process improvement, automation, and data analytics.
  • Strong attention to detail and commitment to quality.

Morningstar is an equal opportunity employer.

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

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