We're hiring for the profile of Manager-Consolidation for Delhi

Educational Qualifications : CA with 6-10 years of experience

Budget: 30 LPA (including variable)

Location: Delhi

NOTE:

1) Through understanding of Ind AS & accounting closure processes

2 ) Exposure to BPC and SAP is a must

Accountabilities:

- Collection of shareholding patterns from all Group Entities

- Verify RPT, follow up on missing RPT, identify gaps, and ensure corrections are made.

- Pass elimination entries for Group company transactions.

- Refresh standalone numbers in financial models from BPC.

- Verify numbers with standalone financials along with groupings

- Identify elimination gaps with standalone numbers.

- Ensure corrections are made in standalone financials.

- Pass Joint Venture / Associate's Profit / Loss share entries in the consol financials in the BPC.

- Ensure all Entity presentations for management review have been received

- Verify that numbers are correctly flowing in financial dashboard

- Verification of Newspaper Publication numbers

- Preparation of Monthly MIS.

- Preparation of Quarterly Consolidated Forecasting.

- Preparation of Consolidated Monthly Annual Operation Plan (AOP).

- Review of standalone financials of company

- Prepare closing schedule for the group on quarterly basis.

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

- Consolidate Power, Roads, EPC, Smart Meters and Other sector financials and also the intermediary Holding companies 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.

Stakeholder Management:

- Ensure satisfactory and timely resolution of queries from subsidiaries.

- Closely interact with the auditors and resolve or escalate consol audit issues.

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

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

- Analysis of financials & Audit committee presentation.

- To ensure the Monthly / quarterly Consol financials are closed on time

- Delivery of Singed financials as per Management timelines

Process Improvement

- Study current processes and identify opportunities for automation or the introduction of new tools to improve accuracy, turnaround time (TAT), and other Service Level Agreement (SLA) parameters

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

Statutory Support and Compliance Process

- Support and arranging the data & providing the respective details to team & resolved all their queries for the respective period.

- Provide support for both statutory and internal audits by ensuring all book closure activities comply with required standards and regulations.

People Management:

- Ensure proper coordination with the team and the employees

- Assign activities among team members for preparation of required financial information for CFS and related working papers.