Director of Financial Reporting

2 weeks ago

Mumbai, Maharashtra, India Axis Capital Ltd. Full time

Reporting to: CFO / Head – Finance & Accounts

About the Role: The role involves leading and executing the financial planning and budgeting process, delivering accurate and timely financial reports, and ensuring compliance with statutory requirements and internal audit norms. The candidate will serve as a key liaison with auditors, internal stakeholders, and senior management for driving financial integrity and controls across the organization.

Responsibilities

Financial Reporting

  • Ensure timely closure of books of accounts on a monthly, quarterly, and annual basis.
  • Review of financial statements as per Ind AS/IGAAP/IFRS and applicable regulatory frameworks. Knowledge of consolidation will be added advantage.
  • Coordinate with internal teams for balance sheet reviews and P&L analysis.
  • Ensure high-quality disclosures and compliance with corporate governance requirements.
  • Cost control and knowledge of process system automation to drive operational efficiency.

Statutory Audit

  • Act as the primary point of contact for statutory auditors.
  • Prepare and review all necessary audit schedules, lead sheets, and reconciliations.
  • Address audit queries and ensure audit completion within timelines.
  • Ensure compliance with all applicable accounting standards and regulatory norms.

Internal Audit & Controls

  • Coordinate internal audits and drive resolution of audit observations across departments.
  • Evaluate existing processes and identify gaps in controls; recommend improvements.
  • Monitor implementation of audit recommendations and follow up with stakeholders.
  • Ensure alignment with risk management policies and corporate compliance standards.

Qualifications: Chartered Accountant (CA) or MBA (Finance)

Required Skills

  • Strong knowledge of Indian Accounting Standards (Ind AS), Companies Act, and audit requirements.
  • Hands-on experience with ERP systems (SAP, Oracle, or similar).
  • Analytical mindset with attention to detail and ability to interpret financial data.
  • Excellent communication and stakeholder management and presentation skills.
  • Ability to work under tight deadlines and handle multiple priorities.

Preferred Skills

  • Chartered Accountant (CA) with post-qualification experience of 10+ years.
  • Experience in financial institutions, investment banks, or consulting firms preferred.

Pay range and compensation package: As per industry standards

Experience: 10 years - 15 years

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