Manager- Consolidation
1 week ago
We're hiring for the profile of Manager-CIG (Consolidation) for Delhi location
QUALIFICATIONS- CA
EXPERIENCE - 6-10 years of exp in consolidation
MUST- Exp in SAP and BPC
BUDGET- 22 LPA
KEY ACCOUNTABILITIES
1- Consolidation of financials
2- Prepare closing schedule for the group on quarterly basis
3- Monitor progress of the schedule & highlight /escalate any
slippages
4-Consolidate all the sector financials and provide the same in time for review by the superiors, after highlighting the variations
5- Plan and manage consolidation team on day to day consolidation activities so as to achieve the above
6- Ensure satisfactory and timely resolution of queries from subsidiaries
7-Closely interact with the auditors and resolve or escalate consol audit issues
8- Initiate and drive implementation of common initiatives related to regulatory requirements across the group such as Schedule VI changes, Companies Act 2013 requirements.
9- Assign activities among team members for preparation of required financial information for GIL Annual Report, Investors, Fund raising initiatives, etc and review the same to ensure accuracy and completeness
10- Identify improvement areas in the consolidation process and initiate action for deployment of the same.
11- Analysis of financials & Audit committee presentation
12- Co-ordinate & monitor preparation of analysis of the financials and variance analysis for management review
13- Co-ordinate & monitor preparation of audit committee presentation
14- Timeline-As per SEBI requirement
15- Provide effective guidance and support to the IND AS implementation team by providing inputs on the existing GAAP accounting
16- Provide guidance and support in preparing IND AS financials
17- Uniform Accounting Policy and Processes
18- Identify inconsistencies in the subsidiary accounting policies and suggest changes to bring in Uniform Accounting Policies
19- Monitor the adherence to key financial processes
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