Manager - Consolidation - CA

JOB PURPOSE :

Preparation and audit of consolidated financial statements of Company, so as to enable publication, submission of financial results of Company as per timelines and provide support in implementation of IND AS.

Experience of consolidating of Minimum 10 Entities

KEY ACCOUNTABILITIES :

1. Consolidation of financials

2. Prepare closing schedule for the group on quarterly basis

3. Monitor progress of the schedule & highlight /escalate any slippages

4. Consolidate all the sector financials and provide the same in time for review by the superiors, after highlighting the variations

5. Plan and manage consolidation team on day-to-day consolidation activities so as to achieve the above

6. Ensure satisfactory and timely resolution of queries from subsidiaries

7. Closely interact with the auditors and resolve or escalate console audit issues.

8. Initiate and drive implementation of common initiatives related to regulatory requirements across the group such as Schedule VI changes, Companies Act 2013 requirements.

9. 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.

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

11. Analysis of financials & Audit committee presentation

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

13. Co-ordinate & monitor preparation of audit committee presentation

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

15. Provide guidance and support in preparing IND AS financials

16. Uniform Accounting Policy and Processes

17. Identify inconsistencies in the subsidiary accounting policies and suggest changes to bring in Uniform Accounting Policies

18. Monitor the adherence to key financial processes.

Experience - CA + Minimum 7 years of experience