Group Consolidation Manager

Job Description: As a Financial Consolidation Specialist, your primary responsibility will be to prepare monthly, quarterly, and annual consolidated financial statements for multiple subsidiaries and business units, ensuring strict compliance with Indian Accounting Standards (Ind AS). You will be tasked with managing and reconciling intercompany transactions to guarantee accurate consolidated results. Additionally, you will play a critical role in preparing and analyzing consolidated financial reports, including balance sheets, income statements, and cash flow statements, providing valuable insights to senior management. In this role, you will be required to liaise with external auditors during statutory audits, providing them with the necessary documentation and explanations for consolidated accounts during interim and year-end audits. Ensuring adherence to internal controls, accounting policies, accounting standards, and regulatory requirements, including the Companies Act and applicable tax laws, will be a key aspect of your responsibilities. Identifying and implementing process improvements in the consolidation and reporting functions will be another crucial part of your role. You will leverage automation tools and best practices to streamline processes for efficiency and accuracy. Collaborating closely with finance teams across various business units and geographies to gather data, resolve discrepancies, and ensure timely reporting will also be a key element of your day-to-day activities. Skills & Competencies: - Technical Proficiency: You should have a 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: A 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 a related field; CA qualification is essential. - Experience: Minimum of 5 years in financial consolidation and group reporting.,