Group Consolidation Manager

Job Profile

• Financial Consolidation: Preparation of monthly, quarterly, and annual consolidated financial statements for multiple subsidiaries and business units, ensuring compliance with Indian Accounting Standards (Ind AS)
• Intercompany Transactions: Manage and reconcile intercompany transactions and eliminations to ensure accurate consolidated results
• Financial Reporting: Prepare and analyze consolidated financial reports, including balance sheets, income statements, and cash flow statements, providing insights to senior management.
• Audit Coordination: Liaise with external auditors during statutory audits, providing necessary documentation and explanations for consolidated accounts during interim and year end audits.
• Compliance and Controls: Ensure adherence to internal controls, accounting policies, accounting standards and regulatory requirements, including the Companies Act and applicable tax laws.
• Process Improvement: Identify and implement process improvements in the consolidation and reporting functions, leveraging automation tools and best practices.
• Stakeholder Collaboration: Work closely with finance teams across various business units and geographies to gather data, resolve discrepancies, and ensure timely reporting.

Skills & Competencies

• Technical Proficiency: Strong understanding of Ind AS, IFRS, and consolidation principles.
• Analytical Skills: Ability to analyze complex financial data and provide actionable insights.
• Systems Knowledge: Experience with financial consolidation systems such as SAP BPC, Hyperion, or Oracle HFM.
• Communication: Excellent verbal and written communication skills to effectively interact with stakeholders at all levels.
• Attention to Detail: Meticulous approach to financial data to ensure accuracy in reporting
• Project Management: Ability to manage multiple priorities and meet tight deadlines in a

dynamic environment.

Qualification & Experience

• Education: Bachelor's degree in Accounting, Finance, or related field; CA qualification is essential.
• Experience: Minimum of 5 years in financial consolidation and group reporting.