About the Client

Our client is one of India's leading diversified business groups with a significant presence across media, digital platforms, entertainment, broadcasting, and real estate. With a legacy spanning more than a century, the organization operates through a complex multi-entity structure comprising numerous subsidiaries, associates, and joint ventures.

The finance function plays a critical strategic role in enabling governance, transparency, and decision-making across the group, supporting a portfolio of some of India's most recognized consumer and digital brands.

About the Role

As the organization continues to expand and evolve, it is creating a dedicated leadership role to strengthen its Financial Reporting & Compliance function.

The Head - Financial Reporting & Compliance will own the end-to-end financial reporting ecosystem across the group, ensuring accuracy, control, and regulatory compliance while driving process excellence and automation. This is a high-impact leadership position that partners closely with the CFO's office, statutory auditors, and senior business stakeholders.

The role reports to the Vice President - Finance and will lead a team of 9-10 finance professionals.

Key Responsibilities

1. Financial Reporting & Consolidation

- Lead the preparation and finalization of Standalone and Consolidated Financial Statements in compliance with Ind AS.

- Ensure the integrity, accuracy, and timeliness of all statutory and management reporting.

- Review critical accounting judgments, provisions, estimates, and disclosures.

2. Audit Management

- Drive the planning and execution of interim and annual statutory audits.

- Act as the primary point of contact for external auditors.

- Ensure timely closure of audit observations and resolution of complex accounting matters.

3. Period-End Close Management

- Lead monthly, quarterly, and annual financial close processes.

- Establish robust closing calendars and governance mechanisms.

- Partner with Business Finance teams to perform P&L reviews and variance analysis.

4. Balance Sheet Governance

- Drive comprehensive monthly balance sheet reviews and account reconciliations.

- Ensure all balance sheet items are appropriately supported and validated.

- Strengthen ownership and accountability across finance functions.

5. Group Accounting & Intercompany Management

- Oversee accounting and reconciliation of intercompany transactions across entities.

- Ensure timely balance confirmations and elimination entries for group consolidation.

- Maintain consistency in accounting policies and reporting practices.

6. Regulatory & Statutory Compliance

- Ensure compliance with the Companies Act, 2013, Ind AS, and other applicable regulations.

- Monitor and implement changes in accounting standards and regulatory requirements.

7. Employee Benefit Trust Accounting

- Oversee accounting, audit, and governance of Provident Fund, Gratuity, and Superannuation Trusts.

- Coordinate with actuaries and payroll teams for periodic actuarial valuations.

8. Internal Controls & Process Excellence

- Strengthen Internal Financial Controls (IFC) framework across the organization.

- Partner with Internal Audit teams to identify and remediate control gaps.

- Drive standardization of accounting processes and governance practices.

Educational Qualification

- Chartered Accountant (CA) - Mandatory.

- Preferably 2011 or 2012 pass-out.

- Strong academic consistency with a B.Com to CA completion gap of not more than three years.

- 12-15 years of post-qualification experience.

- Demonstrated expertise in Financial Reporting, Consolidation, Audit Management, and Regulatory Compliance.

- Strong hands-on experience with Ind AS / IFRS, balance sheet governance, provisions, and financial controls.

- Experience managing complex multi-entity reporting environments is essential.

Preferred Industry Background

- Professionals from organizations with significant structural complexity will be preferred, including:

- Diversified Conglomerates

- Real Estate

- FMCG

- Telecom

- Infrastructure

- Manufacturing & Automotive