Job Description

Accountabilities:

Consolidation of financials

Prepare closing schedule for the Group on quarterly basis

Monitor progress of the schedule & highlight / escalate any slippages Consolidate all the sector financials and provide the same in time for review by the superiors, after highlighting the variations

Plan and Manage consolidation team on day to day consolidation activities so as to achieve the above

Ensure satisfactory and timely resolution of queries from subsidiaries. Closely interact with the auditors and resolve or escalate consol audit issues Initiate and drive implementation of common initiatives related to regulatory requirements across the Group such as Schedule VI changes, Companies Act 2013 requirements.

Assign activities among team members for preparation of required financial information for Company Annual Report, Investors, Fund raising initiatives, etc. and Review the same to ensure accuracy and completeness

Identify improvement areas in the consolidation process and initiate action for deployment of the same

Analysis of financials & Audit committee presentation

Co-ordinate & monitor preparation of analysis of the financials and variance analysis for management review

Co-ordinate & monitor preparation of audit committee presentation

Implementation of IND AS

Provide effective guidance and support to the IND AS implementation team by providing inputs on the existing GAAP accounting

Provide guidance and support in preparing IND AS financials

Uniform Accounting Policy and Processes

Identify inconsistencies in the subsidiary accounting policies and suggest changes to bring in uniform Accounting Policies

Monitor the adherence to key financial processes

Team Development

Identify training needs of team members and Engage with the team members to motivate and foster teamwork

Team Size – 6
No of entities to be consolidated – 100 +
Qualification – Chartered Accountant – IS A MUST
Experience – 10-13 years post qualification of which at least 6 plus in Consolidation
MUST BE ADEPT IN SAP and using BPC


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