Job Description

Finalization and preparation of Audited Consolidated Financials of GAL and MIS (Airport Sector) for various stakeholders To support team in implementation of new statutory requirements i.e. IND-AS and IFCR at GAL/Airport sector level ORGANISATION CHART Accountabilities Key Performance Indicators MANAGING CONSOLIDATION OF GAL FINANCIALS INDPEMDENTLY INCLUDING INTERACTION WITH AUDITORS ON CONSOLIDATION Complete Responsibility of Finalization of Consolidated Financials of GAL & its subsidiaries (DIAL, GHIAL) and JVs (36 entities as on date) and consist preparation of. Consolidated Balance Sheet Consolidated Profit & Loss Account Cash Flow Statement Notes to Accounts Accounting Policies Consolidation of Financial statements involves following sub-activities : Finalization of Consolidation Templates Finalization of Shareholding Structure Calculation of Goodwill/Capital Reserve on date of acquisition of the entities involved Accounting treatment of Foreign entities/Operations (Integral/Non integral) as per AS-11 Identification of Reportable Segment (based on primary and secondary risk as per AS-17) Harmonization of Accounting Policies of step down entities Elimination of Inter Company Transactions & unrealized profit, Balances, Share capital, dividends, Investments, etc. Reconciliation of Inter-Company Balances Determination of Minority interest in Equity and Reserves Identification & Carry forward of Permanent Differences Preparation of Related Party transaction Completion of Audit of CFS with Auditors Preparation of Board Presentation on CFS Annual/Half-yearly/Quarterly/As per Time Bound schedules MANAGIN ALL IPO RELATED REQURIEMENTS (OF GAL FINANCIALS) IPO Deliverables like ICDR Requirement for GAL Consolidated Financials. As per deliverables agreed with Bankers KEY ACCOUNTABILITIES MANAGING MIS FOR INTERNAL & EXTERNAL STAKEHOLDERS Analytical analysis and Review of MIS to 1) BCM 2) CFO 3) PE Investors consisting : (a). Monthly Profitability of Airport Sector (b). Fund Flow statement of Airport Sector (c). Debtors MIS for Airport Sector (d) Key Performance Index (KPI s) (e) Jv s Profitability (f) Operational Parameters (h) Business Highlights Provide on monthly/weekly/monthly basis MANAGING & REVIEW OF OVERSEAS ENTITIES FINANCIALS Finalization of Accounts for overseas entities financial s for following entities: GMR Airports (Mauritius) Limited GMR Airport Global Limited Limak CJV GMR Malta (Winding up) GMCAC GMIAL Finalization include following deliverables: Finalization of IFRS Financials Conversion of IFRS in to IGAAP Audit of overseas entities Provides on quarterly basis/ annual Audited financials as per timeline of listed entity GIL Overview of Processing of Invoices & Monitoring of Overseas Entities consisting of review of : Bank Reconciliation Funds Management Vendor Invoices Review of Trial Balance On Regular basis/As per requirement KEY ACCOUNTABILITIES - Additional Details EXTERNAL INTERACTIONS External - Auditors- For Audit of GAL Consolidation Service Provider- For overseas entities for finalization of financials PE Investor- For providing requested information INTERNAL INTERACTIONS Internal - Subsidiary (DIAL, GHIAL)/JVs (DIAL & GHIAL JVs)- To prepare consolidated financials and MIS, inputs from subsidiaries and JVs (36 entities) are taken Parent Company GIL: Clarifying queries of GIL, listed parent company for overseas entities financials and other MIS of Airport sector FINANCIAL DIMENSIONS Consolidation is completed for 36 entities where consolidated Gross Turnover is Rs. 6,900 Crs and Balance sheet size is Rs. 16,300 Crs. OTHER DIMENSIONS Role requires regular interaction with all airport sector subsidiaries, JVs and parent company like GAL, DIAL, GHIAL and their subsidiaries/JVs (as on date around 36 entities are consolidated) Role is supported by 2 subordinates. EDUCATION QUALIFICATIONS Chartered Account having skills in accounting standard, preparation of consolidated financials of listed entity and having analytical skill in preparation & presentation of MIS Having Knowledge of IFRS Having knowledge related to IPO related issue Having knowledge of merger /acquisition related issues RELEVANT EXPERIENCE 8-10 years post-qualification experience COMPETENCIES Personal Effectiveness Social Awareness Entrepreneurship Problem Solving & Analytical Thinking Planning & Decision Making Capability Building Strategic Orientation Stakeholder Focus Networking Execution & Results Teamwork & Interpersonal influence