• Manager- Accounts (Consolidation)

Industry Accounting/Finance
Location Mumbai
Experience Range 4 - 10 Years
Qualification CA
Open

Job Description
About Us
Established in 2009, R2R is one of India oldest Leadership Hiring Firm in India. R2R is driven by active partnerships with industry bodies and customers with unparalleled domain knowledge. R2R’s Customised Approach in deploying these solutions supports clients with best fit solutions to match up to their requirements. Clients can expect to Stay Ahead in their businesses by partnering with R2R. We not only understand the domain and “talk the language” but also can help our customers to get aligned with industry initiatives! At the same time, R2R recognises that every customer has a unique context that is shaped by their goals and business models, competitive challenges, size, constraints, cultural sensitivities, etc. R2R therefore takes a “Customised Approach” and works collaboratively to architect solutions that optimise value for the customers.
About Company
A Small / Medium sized practising CA Firm with 4 Partners currently with expertise in all areas of taxation, basically a one stop financial / taxation / accounting / certification Firm for the clients we handle. Catering to clients in diverse industries such as Media & Entertainment, Manufacturing, Trading, Hospitality, Construction, IT Services. Have invested the initial years, building the base, now looking forward to the leap with expansion plans.
Roles and Responsibility

Role Summary- Manager- Accounts (Consolidation)

 

 Key Business Objective :-

 Accounting and preparation of the Entity Financials for client under Indian GAAP, Ind AS, Companies

Act, and preferably any other GAAPs like IRFS , UK and US GAAP .

 Group and step level consolidation under Local GAAP, Ind AS, Companies Act, IRFS UK and US

GAAP of large multiple entities

 Overall accountability for SAP entries, Cost Control, Regulatory and Statutory Compliance

 Management reports and accounting for Entity entries and Trial Balance.

 Audit compliance and liaison with Inhouse and external consultants for compliance and statutory

audits

Role Summary:-

 Liaison with Banks, Accounts, finance, Commercial, Budgetary, Treasury & Accounts payable Team of

the company for accounting purpose.

 Co-ordination with stake holders for financial reporting and coordination with Consolidation team.

 Compliance of Audit process and bringing zero queries towards audit compliance

 Financial MIS - Monthly, Quarterly, Half Yearly, Yearly Under Local and Indian GAAP.

 SAP and TALLY (QUICK BOOKS knowledge preferable) accounting and reconciliation of intercompany

Balances.

Duties and Responsibilities

 Preparation of annual Financials of subsidiary companies, Cash flow Statement and analysis thereof

under Indian GAAP, Ind AS, Companies Act, IRFS UK and US GAAP .

 Preparation of Notes to Accounts of the Company, Directors Reports and Corporate Governance.

 Preparation and posting of Elimination entries (Intra-group transactions revenue and balance sheet

items). Reconciliation of ledger accounts and scrutiny, monitoring of the KPI’s, revenue & cost line

items, exceptions reporting, if any.

 Independently handling of statutory audit of the entities.

 Ensuring tax and statutory Compliances of entities under Local GAAP and laws.

 Weekly reporting on the accounting status to clients.

 Monthly Intercompany reconciliation and elimination.

 Ability to work on SAP , books of accounts independently.

Key Performance Indicators

 Timely Preparation of Financial accounts as per statutory requirements under the law (Timeliness).

 Ensure audit and Coordination (Accuracy, Timeliness).

 Ensure accounting process / audit process and related payments (Accuracy, Timeliness).

 MIS & statutory compliances (Accuracy, Timeliness).

Contact with Others

Internal Auditors, Tax consultants, Consolidation and Corporate Team, Legal Team, IT Team, Functional

Heads, Regulatory Team]

 

External Auditors, Vendors, Regulatory and Secretarial Team.

For People Management Positions Only

No of people directly supervised: 1

Total size of the team: 3

Qualification & Experience

Educational / Academic Qualification Essential: CA

Desirable: CPA

 

Professional Certifications / Additional

Qualification

 


Other Criteria(If not addressed above) Exposure to compliance and secretarial matters

Candidate Specification:

 Strong on Analysis.

 Fluency on Communication.

 Ability to handle demanding work pressures.

 Worked in reputed organization with experience in finalization and consolidation of accounts.

Preference will be given for candidates from telecom industry.

 Good academic background.

 Analytical skills.

 Experience of Accounting Standards

Technical/Functional Skills:

Well versed in SAP- GL and other core accounts module.

Competency & Behavioral Skills: (Use “E” to denote Essential and “D” for Desirable)

 Excellent written and verbal communications.

 Assertive

 Ability to lead and interact effectively in teams.

 

Desired candidate

Essential: TALLY ,SAP, ERP exposure

Desirable: QUICK BOOKS Exposure

Experience(Min. years) Minimum 4/5+ years Industry experience on

consolidation

 

Recruiter Name Riddhi Shah
Recruiter Email Id riddhi@r2rconsults.com
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