Key Responsibilities:
Preparation of Standalone & Consolidated Financial Statements
- Prepare and review monthly, quarterly, and annual financial statements including balance sheets, profit & loss, and cash flow statements.
- Manage the consolidation process, including intercompany eliminations, adjustments, and reconciliation of group accounts.
- Ensure accurate consolidation of subsidiaries using appropriate accounting policies and consolidation techniques.
- Ensure compliance with IND AS and legal requirements for consolidation and group reporting.
- Provide financial analysis and insights to support management decision-making.
- Coordinate with external auditors during statutory and tax audits as well as quarterly limited reviews, resolving queries as needed.
Amalgamation & Demerger
- Ensure accurate accounting for asset and liability transfers, including journal entries related to amalgamation and demerger.
- Collaborate with legal and tax teams to ensure compliance with corporate and tax regulations.
- Prepare and present financial statements related to amalgamation and demerger transactions.
Fixed Assets Management
- Oversee accurate recording, classification, and management of fixed assets per applicable accounting standards.
- Ensure timely capitalization and compliance with depreciation policies and calculations.
- Maintain and reconcile the fixed asset register reflecting acquisitions, disposals, and transfers.
- Provide monthly and year-end reports on fixed assets and related financial data.
- Review asset impairment and manage asset write-offs as per accounting standards.
- Prepare depreciation and amortization schedules following The Companies Act and The Income Tax Act.
Budget Preparation & Analysis
- Assist in the preparation of annual budgets and financial forecasts aligned with strategic goals.
- Collaborate with department heads to gather inputs and monitor key business drivers affecting budgets.
- Support cost control efforts through spending analysis and identification of cost-saving opportunities.
System Automation & Setting-up SOPs
- Strengthen internal controls by standardizing financial processes and automating manual controls to enhance security and minimize errors.
- Participate actively in the development and implementation of strategies for automating accounting and financial processes to improve efficiency.
Education Qualifications:
- Chartered Accountant (CA) with 2-3 years post-qualification experience.
- Experience with listed entities and consolidation of financial statements is preferred.
