CA Monk
Website:
camonk.com
Job details:
Job Title: Manager – Financial Consolidation
Location: Navi Mumbai
Experience: 3-5 years
Employment Type: Full-time
About the Role
We are looking for a finance professional with strong experience in financial consolidation, Ind AS reporting, inter-company reconciliations, and management reporting. The role will involve working closely with subsidiaries, auditors, and internal stakeholders to ensure accuracy and compliance of consolidated financial statements.
Key Responsibilities
- Prepare subsidiary financial statements as per Ind AS requirements from Trial Balance, coordinating with various stakeholders.
- Prepare Consolidated Statement of Profit & Loss, Balance Sheet and Cash Flow Statement, along with Notes to Accounts.
- Validate the Annual Report against signed financial statements.
- Perform inter-company reconciliations and ensure accurate accounting of debit notes, credit notes, invoices, and other transactions.
- Prepare Foreign Currency Translation Reserve (FCTR) workings as per Ind AS.
- Compute unrealised profit on stock arising from inter-company transactions.
- Perform PBT reconciliation between consolidated financials and individual subsidiaries.
- Prepare quarterly MIS for Board reporting, including analytical insights.
- Prepare and analyse consolidated financial statement variances in Management and SEBI formats.
- Coordinate with statutory, internal, and other auditors for consolidation-related data and resolve their queries.
- Validate SEBI results on a quarterly, half-yearly, and annual basis.
- Prepare quarterly secretarial data for Related Party Transactions.
- Work on SAP-BPC (Business Process Consolidation), with prior experience being preferred.
Key Skills
- Financial Consolidation
- Ind AS / Accounting Standards
- Consolidated Financial Statements
- Inter-company Reconciliation
- FCTR
- SEBI Reporting
- MIS & Management Reporting
- Related Party Transactions
- Audit Coordination
- Financial Analysis & Variance Analysis
- SAP BPC – Preferred
Ideal Candidate
- Qualified CA
- Strong hands-on experience in financial consolidation and reporting.
- Good understanding of Ind AS and SEBI reporting requirements.
- Strong analytical, reconciliation, and stakeholder management skills.
- Experience working with multiple subsidiaries and auditors will be an advantage.
Interested candidates can apply by sharing their updated CV.
Click on Apply to know more.