Consolidation Manager
1 month ago
Position : Manager - Consolidation
Experience : 3-4 years of post-qualification experience in a Big 4 firm
Qualification : Chartered Accountant
Job Summary
We are looking for a meticulous Financial Statement Consolidation Specialist to manage the preparation, consolidation, and analysis of financial statements. The ideal candidate will have 3-4 years of post-qualification experience in a Big 4 firm, with strong expertise in accounting standards, consolidation practices, and financial reporting.
Key Responsibilities
Lead the consolidation of financial statements across various subsidiaries and business units, ensuring alignment with accounting standards (e.g., IFRS, GAAP).
Oversee the reconciliation process, including eliminations and adjustments, to provide accurate consolidated financial data.
Coordinate with subsidiaries and finance teams to ensure timely and accurate data submission for consolidation purposes.
Prepare consolidated monthly, quarterly, and annual financial reports, including balance sheets, income statements, and cash flow statements.
Assist in preparing reports for stakeholders, including management and external parties, ensuring clarity and accuracy.
Support financial disclosures and footnotes for consolidated statements, aligning with statutory and regulatory requirements.
Ensure compliance with applicable accounting standards and regulatory requirements in financial reporting.
Stay current with changes in accounting standards and assess their impact on the consolidation process.
Provide guidance on consolidation policies and ensure consistent application across all entities.
Act as the primary point of contact for auditors on consolidation-related matters, providing documentation and responding to queries.
Prepare consolidated schedules and support documents for external and internal audits, ensuring audit requirements are met.
Address audit findings and implement improvements to the consolidation and reporting process.
Identify and implement process improvements to enhance the efficiency and accuracy of the consolidation process.
Develop and maintain consolidation models and templates for streamlined financial reporting.
Key Skills and Requirements
Technical Expertise : Strong knowledge of consolidation practices, IFRS/GAAP standards, and financial reporting.
Analytical Skills : Ability to analyze complex data sets, perform reconciliations, and identify discrepancies.
Attention to Detail : High level of accuracy in financial reporting and consolidations.
Communication : Excellent written and verbal communication skills for collaboration with multiple stakeholders.
Team Collaboration : Ability to work cross-functionally and manage consolidation timelines effectively.
Preferred Experience
3-4 years of experience in financial statement consolidation, preferably in a Big 4 firm post-qualification.
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