Assistant Manager

Job description

Key Responsibilities: Preparation of Consolidated Financial Statements (INDAS):

• Lead the consolidation process of financial statements in compliance with INDAS.
• Group Financials consolidation - preparation of Consolidated Financial statement, including Balance sheet, Cashflow statement, Statement of changes in equity (SOCIE)
• Gather financial data from various subsidiary companies and other relevant sources for consolidation.
• Analyze and eliminate intercompany transactions and balances to ensure accurate representation of the group's financial position.
• Review & Preparation of Financials of Associate Companies and Subsidiary Companies Internal and Statutory Audit Liaison:
• Collaborate with internal and external auditors and leading quarterly and annual audits / limited review for consolidated financial statements.
• Provide necessary documentation and explanations related to the consolidated financial statements.
• Address audit queries and ensure timely resolution of audit issues. Financial, Tax & Other Reporting Compliances:
• Preparation of quarterly and annual Financial Results in compliance of Clause 41 of listing agreement.
• Review of news paper result publications.
• Assist with month, quarter, and year-end closing activities to ensure timely and accurate financial reporting.
• Reviewing, analyzing & finalizing Management Representation Letter (MRL) to auditors and review of Statutory / Limited Review report.
• Providing data related to Consolidated financials for XBRL filling, other MCA fillings
• Coordinating & providing group companies data for Transfer Pricing (Form 3CEB, Form 3CEAB 3CEAA, Form 3CEAD) Expense Tracking and Reimbursement:
• Track and process expense reports submitted by ensuring compliance with company policies.
• General Ledger Maintenance of Indian Subsidiaries and Associate Companies
• Post transactions to journals, ledgers, and other accounting records, ensuring accuracy and completeness.
• Perform periodic reconciliations of ledger accounts to ensure accuracy and identify discrepancies. Key Requirements:
• Good Experience in Consolidation,
• Profound knowledge of Indian Accounting Standards (INDAS).
• Experience in coordinating internal and statutory audits.
• Ability to manage multiple tasks and meet tight deadlines.
• Strong problem-solving skills and a proactive approach to process improvement.