Financial Reporting and Consolidation

0 years

0 Lacs

Posted:1 month ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Principal Accountabilities

Accountability

Supporting ActionsFinancial Reporting
  • Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
  • Ensure financial reports are accurate, timely, and compliant with relevant accounting standards (e.g., IFRS or GAAP).
  • Present financial reports to senior management, stakeholders, and regulatory authorities.
Financial Statements consolidation
  • Manage the consolidation of financial data from various business units, subsidiaries, and joint ventures.
  • Implement and maintain consolidation systems and processes to ensure data accuracy and consistency.
  • Reconcile intercompany transactions and eliminate any discrepancies.
  • Analyze financial data to identify trends, variances, and key performance indicators.
  • Provide insights to management for strategic decision-making.
Audit Coordination
  • Lead, support and manage external audits conducted by independent auditors.
  • Ensure propoer documentation during the audit process. Address audit findings, prepare plan to mitigate risks identified and implement corrective actions to strengthen financial controls and reporting.
Financial Analysis
  • Conduct in-depth financial analysis to identify trends, variances, and areas for improvement.
  • Provide insights and recommendations to senior management for strategic decision-making.
Regulatory Compliance
  • Ensure compliance with all applicable financial regulations and reporting requirements in the renewable energy industry.
  • Coordinate with external auditors to facilitate the annual audit process.
  • Stay up-to-date with industry-specific regulations and adapt reporting processes accordingly.
Process Improvement
  • Continuously assess and improve financial reporting and consolidation processes to enhance efficiency and accuracy.
  • Implement best practices and automation tools to streamline reporting procedures.
  • Work with the team on automation of financial systems
Forecasting and Budgeting
  • Assist in the development of financial forecasts, annual budgets, and long-term financial plans.
  • Collaborate with department heads to gather input and provide guidance on budget adherence.

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