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Financial Consolidation Specialist
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About ARA Resources Pvt. Ltd.
We are a leading applied technology services company, innovating to deliver service excellence and successful outcomes across sales, delivery, and development.
The Role:
An Entity Consolidation Specialist is responsible for managing the consolidation of financial statements from multiple subsidiaries or entities within an organization, ensuring accurate and compliant financial reporting.
Key Responsibilities:
- Financial Consolidation: Lead the monthly consolidation of subsidiary financial statements, ensuring accuracy and compliance with relevant accounting standards.
- Intercompany Transactions: Review and manage intercompany transactions and eliminations to ensure accurate consolidated financial results.
- Financial Reporting: Prepare consolidated financial statements and reports for internal and external stakeholders, including management and regulatory bodies.
- Compliance Assurance: Ensure adherence to accounting principles, standards, and regulatory requirements, maintaining the integrity of consolidated financial records.
- Audit Coordination: Support internal and external audits by providing necessary documentation and explanations related to consolidated financial statements.
- Process Improvement: Identify and implement process improvements to enhance the efficiency and accuracy of the consolidation process.
Required Skills and Qualifications:
- Technical Proficiency: Proficiency in consolidation software and ERP systems (e.g., SAP, Oracle), as well as advanced skills in Microsoft Excel.
- Analytical Skills: Strong analytical abilities to interpret complex financial data and ensure accurate consolidation.
- Attention to Detail: High level of accuracy and attention to detail in financial record-keeping and reporting.
- Communication Skills: Excellent verbal and written communication skills to effectively interact with team members, management, and external parties.
