About the Company
Airtel is committed to delivering exceptional telecommunications services and solutions. Our mission is to connect people and businesses, fostering innovation and growth in a rapidly evolving digital landscape.
About the Role
The Head Consolidation will lead Airtel's enterprise-wide financial consolidation, ensuring accurate, timely, and compliant financial reporting. This role requires deep technical expertise in Ind AS/IFRS, strong understanding of telecom sector accounting, and the ability to drive process excellence in a highly complex and fast-paced business environment. The role is a critical partner to the CFO organization, Group FP&A, Investor Relations, Business Finance, Tax, Treasury, and Internal/Statutory Auditors.
Responsibilities
- Financial Consolidation
- Lead end-to-end consolidation of Airtel's financial statements (monthly, quarterly, and annual)
- Management of COA centrally and addressing group companies/subsidiaries requirements
- Ensure accurate elimination of intercompany transactions, alignment of accounting policies, and consolidation adjustments.
- Manage consolidation across multiple geographies, legal entities, and business segments, including mobile, broadband, enterprise, digital businesses, and Africa operations.
- Financial Reporting & Compliance
- Oversee preparation of Consolidated Financial Statements in compliance with Ind AS, IFRS, and Companies Act requirements.
- Ensure adherence to SEBI/regulatory reporting requirements and support quarterly/annual results filings.
- Partner with external auditors to ensure timely audits with minimal issues.
- Telecom-Specific Accounting Oversight
- Provide technical guidance on complex accounting areas such as:
- Revenue recognition under Ind AS 115 (bundled telecom plans, enterprise contracts, activation fees).
- Ind AS 116 for leases (towers, network equipment, spectrum).
- Spectrum accounting, deferred spectrum liabilities, and regulatory levies.
- Impairment testing of network assets and digital businesses.
- Foreign currency translation for Africa operations.
- Governance, Controls & Process Strengthening
- Establish strong internal controls, governance frameworks, and closing calendars.
- Drive simplification and automation of consolidation processes using SAP S/4HANA, BPC/Group Reporting, Oracle FCCS, or similar tools.
- Champion process standardization across finance teams globally
- Closure of consolidation and new transaction related accounting positions with Statutory auditors
- Evaluate and implement all new accounting guidelines as per timelines
- Automation of Accounting processes implement use of AI and other Automated consolidation and reporting tools
- Stakeholder Management
- Act as a trusted advisor to senior leadership, providing insights on group results, variances, and accounting impacts.
- Partner closely with:
- CFO Office
- Business Finance teams
- FP&A (for performance analytics)
- Investor Relations (for disclosures)
- Legal, Tax, Treasury, and Secretarial teams
- Technical Accounting & Policy Leadership
- Lead interpretation and implementation of new accounting standards.
- Maintain Group Accounting Policies and ensure consistent adoption across entities.
- Provide technical accounting papers for key judgments and estimates.
Qualifications
Must-Have
- Chartered Accountant (CA) with 1218+ years of post-qualification experience.
- Significant experience in consolidation and financial reporting in a large, multi-entity corporate or Big 4 environment.
- Strong command over Ind AS, IFRS, Consolidation Standards, Schedule III, SEBI LODR norms.
- Exposure to telecom/technology/large infrastructure businesses or other complex, high capex industries.
Required Skills
- Expertise in consolidation tools (SAP BPC/Group Reporting, Oracle FCCS, Hyperion, etc.)
- Strong analytical and problem-solving skills.
- Excellent understanding of complex corporate structures, cross-holdings, and foreign subsidiaries.
Preferred Skills
- Strong stakeholder and leadership presence.
- Ability to work under tight timelines and manage high-pressure reporting cycles.
- High attention to detail with a strategic mindset.
Pay range and compensation package
Competitive salary based on experience and qualifications.
Equal Opportunity Statement
Airtel is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
