Manager Corporate Accounts- Consolidation

Base Location- Head Office Mumbai (Work from office)

Education- CA Qualified (Preferred 1st Attempt)

Experience- 3-7 yrs in consolidation

Key Purpose of the Job (Position Summary)

The position is responsible for ensuring timely closure of company's consolidated books of accounts and timely financial reporting. The position is also responsible for ensuring compliance related to direct taxation processes, asset accounting, and providing required business information to senior management in compliance to accounting norms and statutory requirements.

KEYPERFORMANCE AREAS

• Closure of consolidated accounts and financial reporting within timelines

• Compliance to Accounting standards and other statutory requirements

• Effective Fixed Asset Management

• Accurate valuation, accounting, controls for Fixed Assets

• Audit Management - Statutory and Tax Audit

KEY ACTIVITIES & RESPONSIBILITIES

Closure of Accounts and Financial reporting-

• Supervise day to day operations relating to various aspects of financial accounting and reporting at corporate locations

• Track, monitor and ensure preparation of general ledger accounts and financial statements (including subsidiaries) in line with accounting standards

• Ensure accurate monthly, quarterly, and annual accounts closure (consolidation) including balance sheet and P / L analysis and reconciliations and related financial reporting

• AGM preparations and financial disclosure requirements.

• Review accuracy of journal entries and accounting classifications assigned to various records

• Track and monitor maintenance of records for routine accounting transactions and carry out review and reconciliation of accounts

• Proactively scrutinize accounts for accuracy of reporting

• Recommend treatment of accounting of non-routine items and any changes needed in current accounting policies for confirmation by the corporate controller

• Scrutinize and ensure adequate internal financial controls are implemented at all locations and proactively escalate if required

• Support in accounting for complex transactions that require research and in- depth analysis (for example, acquisitions and disposals, goodwill valuations and others)

Statutory compliance and Audit-

• Prepare data required for various audits; coordinate and support statutory and tax audits to ensure completion within prescribed timelines • Ensure preparation of Advance Tax computations on timely basis • Monitor compliance of statutory transfer pricing provisions including documentation of international and domestic transactions • Support in Transfer Pricing Audits which are conducted as per norms and regulations • Support Tax Audit and provided all necessary information as required • Interface with Tax Auditors and regulatory authorities for assessments and remittances and clarify / resolve gaps, issues • Ensure compliance to control guidelines and corporate audit observations • Ensure adherence to all compliance related to Registrar of Companies • Ensure all the Related Party Transactions are being complied with statutory requirements

Fixed Asset Management

• Track, monitor and ensure accurate recording of fixed asset acquisition / disposals across locations • Monitor system of controls, procedures and forms of fixed assets including acquisitions, disposals, and adjustments • Ensure accurate entries are made with advisory inputs from senior management • Conduct analysis and projection of depreciation and other asset related costs for Tax audit computation • Track company expenditures for fixed assets in comparison to the capital budget and management authorizations