Our client is a reputed Infra Giant and looking for a Manager Consolidation to be based in their Corporate Accounts Department in Delhi

JOB PURPOSE

Communicate and monitor Accounts Closing Calendar, Review subsidiary financials for completeness, Consolidation of financials, Implementation of BPC

Accountabilities / Key Performance Indicators

1. Communicate Accounts Closing Calendar to subsidiary teams as guideline for quarterly closing of accounts. Monitor the closing schedule for adherence

2. Ramp up the closing calendar process to enable timely closing of monthly accounts Timeline

3. Review financials received from subsidiaries / joint venture companies for completeness. Discuss with the subsidiary team members and provide required clarification / guidance where required

4. Review Related Party Transactions (RPT) data received from subsidiaries and update the RPT transactions in Consol Model

5. Perform consolidation of financial statements of designated sector(s) subsidiaries / joint ventures of the Company

6. Provide clarification to auditors for completion of audit Timeline and Accuracy

7. Coordinate with subsidiary Review the standalone financial in BPC (Consolidation Module of SAP Business Planning & Consolidation) to ensure it is in line with the signed financial

8. Update required data in BPC such as Currency Conversion, Shareholding percentages in subsidiaries, etc.

9. Pass required adjustment entries in BPC and run consolidation package in BPC 

10. Review profitability position statement and Audit Committee presentation of designated sector for completeness Timeline

11. Prepare required inputs / information from consolidated financials such as for Quarterly  Results publication, Annual Report, Annual General Meeting, Bankers, etc. 

Education - CA is a MUST

Experience - 7-9 years post qualification - not Articleship / Training

Hands on - IND AS , SAP , must have handled large consolidations and good communication skills