Financial Reporting

Experience : 10 to 15 years (CA mandatory)

Role and Responsibilities:

Financial Reporting:

- Lead the preparation of monthly, quarterly, and annual standalone/consolidated financial statements in accordance with applicable IndAS, Companies Act, LODR and other applicable regulation to MIIs.

- Ensure timely and accurate reporting of financial results including BU wise P&L to senior management and stakeholders.

- Ensuring timely audit closure and independent resolution of audit queries.

Compliance and Governance:

- Ensure compliance with all financial reporting regulations and standards, including regulatory filings e.g. LODR, Companies Act and FEMA.

- Coordinate Internal/ external audits and manage relationships with auditors.

Team Management:

- Supervise and mentor the financial reporting team and financial planning team promoting a culture of continuous improvement and professional development.

- Conduct performance evaluations and provide training and development opportunities.

Analysis and Insights:

- Analyze financial results and provide insights into variances, trends, and operational performance.

- Ensuring detailed backup and reconciliation of all Trial Balance items.

- Prepare and present financial analysis to senior management and the board of directors.

Process Improvement:

- Identify opportunities to streamline financial reporting processes and improve accuracy and efficiency.

- Implement best practices in financial reporting and reporting software.

Collaboration:

- Collaborate with other departments (e.g., Accounts Payable, Receivable, Treasury, operations and other departments) to gather necessary data and provide financial guidance.

- Collaborate with other Group Companies to facilitate timely and accurate Consolidation of Group Financial reports.

- Support strategic initiatives by providing relevant financial insights and analysis.

Policy Development:

- Develop and maintain financial reporting policies and procedures to ensure consistency and compliance.

- Stay updated on changes in financial regulations and reporting standards.

Necessary Skills:

- CA/ICWA.

- 10 years of relevant experience, preferably in capital market/financial service industry.

- Strong understanding of IndAS, LODR and other applicable regulations.

- Proficiency in financial reporting software and ERP systems

- Good understanding of Capital Market/financial services

- Experience of generating Business Unit wise financial results including cost/expenses apportionment across various projects in multi department setup.

- Strong communication and interpersonal skills, with the ability to present complex information clearly.

- Analytical Ability and detailed oriented

- Expertise knowledge of MS Excel