Lead - Consolidation
4 weeks ago
Exp - 5 to 10 Years
Educational Qualification: Chartered Accountant
Purpose of the Role
Lead will be accountable for amalgamating assets, liabilities, and other financial components to illustrate the overall financial status of the entire business organization, encompassing the financial positions of all its holding and subsidiary companies.
Activities Performed by the Role
Ensure adherence to Financial Governance policies to uphold accurate financial reporting and effective financial accounting processes.
Establish top-tier policies and foster improvement in consolidation management across Retail.
Contribute inputs for the annual budget preparation for the consolidation function and ensure compliance.
Perform monthly financial analysis of subsidiaries.
Manage the general ledger and conduct month-end closing procedures
Compile and analyze account information to prepare asset account entries
Monitor the fixed Asset register and process transactions on a daily basis
Manage monthly, quarterly, and annual closings
Reconcile key balance sheet accounts on a monthly basis
Assist in period opening and closing, GL extension, GL creation, and unblocking GLs in SAP
Collaborate with cross-functional teams, especially the Finance Planning & Analysis team (FP&A), to ensure effective completion of the period-end financial close process
Partner with internal businesses to provide support for financing and payments-related requirements
Support the Controllership team and coordinate with subsidiary and company accounting teams to ensure the efficient completion of the period-end financial close process.
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