Manager Accounts Consolidation

Key Responsibilities:

1. Financial Reporting

• Preparation of financial statements including consolidated financial statements according to Ind-AS.
• Preparation of schedules as per the auditors requirement.
• Closing monthly/quarterly/yearly financials and reports.
• Liaising with teams and auditors on a regular basis and ensuring timely completion of audit.
• Oversee monthly, quarterly, and annual financial closing processes.
• Preparation of Project Cash Flows and monitor the progress
• Ensure all financial reports are accurate, complete, and in compliance with local accounting standards IND AS.
• Strong knowledge on all IND AS accounting standards especially IND AS 1, 2 7, 8, 12, 16, 19, 115, 116, 107, 109, 32, 103 & 110.
• Coordinate with plant/branch finance teams for timely submission of financial data.
• Review inter-company transactions, eliminations, and reconciliations.
• Support statutory audit and internal audit for group reporting.
• Drive improvements in reporting systems, consolidation processes, and internal controls.

2. Budgeting and Forecasting:

• Assist in the preparation of annual budgets and financial forecasts.
• Monitor and control departmental budgets, ensuring proper allocations and identifying variances.

3. Internal Controls and Compliance:

• Establish and maintain internal controls to safeguard financial assets.
• Ensure adherence to financial regulations and company policies.
• Support the implementation of audits and ensure compliance with external auditing standards.

4. Financial Analysis and Strategy:

• Perform detailed financial analysis to support decision-making and strategic initiatives.
• Identify financial trends, risks, and opportunities for performance improvement.

5. Tax and Regulatory Compliance:

• Stay up-to-date on changes in tax regulations and provide advice on tax planning.

6. Team Management (if applicable):

• Supervise and mentor junior finance staff.
• Ensure proper training and development to ensure a high-performing finance team.

7. Risk Management:

• Analyze financial risks and develop strategies to mitigate potential risks.
• Ensure the companys financial systems and processes are secure and reliable.

Qualifications:

• Qualified or Semi Qualified CA/CMA

Experience Required:

Minimum of 5 years of experience as per Job description

Industry:

Manufacturing / Infrastructure companies

Key Skills & Competencies:

• Proficiency in MS Excel.
• Working experience in SAP
• Leadership skills, Strong communication and stakeholder management skills.
• Ability to work cross-functionally and handle multiple tasks simultaneously.
• Strong analytical abilities and attention to detail.
• In-depth knowledge of financial regulations and accounting standards (e.g.,IND AS).
• Strong written and verbal communication skills, including the ability to present financial data to non-financial stakeholders.

Key Performance Indicators (KPIs):

• Accuracy and timeliness in completion of accounting operations and closure of books
• Proficiency in financial reporting & MIS
• Strong organizational and time-management skills.
• Ability to work under pressure and meet deadlines
• Proactive in identifying issues and recommending solutions
• High level of integrity and ethics in managing financial data