Change Manager, Group Consolidation

2 weeks ago


Bengaluru Chennai, India Solvecube Talent Solutions Llp Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Title: Change Manager Group Consolidation

Location: Bangalore & Chennai

Experience: 7+ Years

Industry: Financial Services / Banking / Insurance

  • Role Summary

We are seeking a dynamic and experienced Change Manager with a strong background in group consolidation, finance transformation, and regulatory compliance. The ideal candidate will lead initiatives focused on automating financial processes, enhancing group disclosures, and driving strategic change across consolidation and reporting functions. This role demands deep expertise in IFRS standards, cash flow automation, and hedge accounting, along with a proven ability to manage cross-functional stakeholders and deliver transformation outcomes.

  • Key Responsibilities
  • Lead and manage group consolidation processes across multiple entities, ensuring accuracy, timeliness, and compliance with IFRS standards
  • Drive cash flow automation initiatives in alignment with IAS 7, improving reporting efficiency and transparency
  • Apply strong knowledge of IFRS 9, particularly hedge accounting for sales, to support financial risk management and reporting
  • Oversee the preparation and review of group disclosures, ensuring completeness and consistency across financial statements
  • Collaborate with Finance, Risk, and Technology teams to identify and implement finance transformation opportunities
  • Manage change initiatives related to ERP upgrades, reporting enhancements, and process reengineering
  • Liaise with auditors, compliance teams, and senior stakeholders to support statutory and regulatory reporting requirements
  • Monitor and improve data quality, controls, and governance across consolidation and reporting processes

  • Ideal Candidate Profile

  • 7+ years of experience in group consolidation, financial reporting, or finance transformation roles within the FS sector
  • Strong understanding of IFRS standards including IAS 7 and IFRS 9
  • Proven experience in change management, process automation, and stakeholder engagement
  • Hands-on experience with consolidation tools and ERP systems (e.g., SAP, Oracle, Hyperion)
  • Excellent analytical, documentation, and communication skills
  • Professional qualifications such as CA, MBA Finance, or ACCA preferred

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