We're hiring for the profile of Manager-CIG (Consolidation) for Delhi location

QUALIFICATIONS- CA

EXPERIENCE - 6-10 years of exp in consolidation

MUST- Exp in SAP and BPC

BUDGET- 22 LPA

KEY ACCOUNTABILITIES

1- Consolidation of financials

2- Prepare closing schedule for the group on quarterly basis

3- Monitor progress of the schedule & highlight /escalate any
slippages

4-Consolidate all the sector financials and provide the same in time for review by the superiors, after highlighting the variations

5- Plan and manage consolidation team on day to day consolidation activities so as to achieve the above

6- Ensure satisfactory and timely resolution of queries from subsidiaries

7-Closely interact with the auditors and resolve or escalate consol audit issues

8- Initiate and drive implementation of common initiatives related to regulatory requirements across the group such as Schedule VI changes, Companies Act 2013 requirements.

9- Assign activities among team members for preparation of required financial information for GIL Annual Report, Investors, Fund raising initiatives, etc and review the same to ensure accuracy and completeness

10- Identify improvement areas in the consolidation process and initiate action for deployment of the same.

11- Analysis of financials & Audit committee presentation

12- Co-ordinate & monitor preparation of analysis of the financials and variance analysis for management review

13- Co-ordinate & monitor preparation of audit committee presentation

14- Timeline-As per SEBI requirement

15- Provide effective guidance and support to the IND AS implementation team by providing inputs on the existing GAAP accounting

16- Provide guidance and support in preparing IND AS financials

17- Uniform Accounting Policy and Processes

18- Identify inconsistencies in the subsidiary accounting policies and suggest changes to bring in Uniform Accounting Policies

19- Monitor the adherence to key financial processes