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

1) 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..

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

2) 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

3) 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.

4) 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.

5) 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.