Consolidation Manager TVS Supply Chain Solutions

5.0 - 9.0 years

0 Lacs

chennai, tamil nadu

On-site

As a Financial Consolidation Specialist, you will be responsible for preparing monthly, quarterly, and annual consolidated financial statements for multiple subsidiaries and business units in compliance with Indian Accounting Standards (Ind AS). Your role will involve managing and reconciling intercompany transactions to ensure accurate consolidated results. Additionally, you will be tasked with preparing and analyzing consolidated financial reports, including balance sheets, income statements, and cash flow statements, to provide valuable insights to senior management. Your responsibilities will also include coordinating with external auditors during statutory audits, ensuring adherence to internal controls, accounting policies, and regulatory requirements such as the Companies Act and applicable tax laws. You will be expected to identify and implement process improvements in the consolidation and reporting functions, leveraging automation tools and best practices. Collaborating closely with finance teams across various business units and geographies will be essential to gather data, resolve discrepancies, and ensure timely reporting. To excel in this role, you must possess a strong understanding of Ind AS, IFRS, and consolidation principles. Your analytical skills will be crucial in analyzing complex financial data and providing actionable insights. Experience with financial consolidation systems such as SAP BPC, Hyperion, or Oracle HFM is preferred. Excellent communication skills, attention to detail, and project management abilities are key competencies required for this position. You should hold a Bachelor's degree in Accounting, Finance, or a related field, with a CA qualification being essential. A minimum of 5 years of experience in financial consolidation and group reporting is required to be successful in this role. If you are a detail-oriented professional with a passion for financial reporting and a drive for process improvement, we encourage you to apply for this challenging and rewarding opportunity.,

Posted 3 days ago

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