Job Summary

We are seeking an experienced Finance & Accounts professional with robust expertise in the Consolidation of Financial Statements (CFS), including the consolidation of foreign subsidiaries. The ideal candidate should possess in-depth knowledge of accounting standards, financial reporting, intercompany reconciliations, foreign currency translation, and group reporting.

Key Responsibilities

- Prepare monthly, quarterly, and annual Consolidated Financial Statements (CFS) for the Group.
- Consolidate financial statements of domestic and international subsidiaries, joint ventures, and associate companies.
- Ensure compliance with applicable accounting standards such as Ind AS, IFRS, and relevant GAAP requirements.
- Perform foreign currency translation in accordance with applicable accounting standards.
- Eliminate intercompany transactions, balances, unrealized profits, and investments during the consolidation process.
- Review subsidiary financial statements for accuracy, completeness, and compliance with group reporting requirements.
- Coordinate with finance teams of overseas subsidiaries to ensure timely submission of financial information.
- Prepare consolidation journals, schedules, disclosures, and management reports.
- Support statutory audits, internal audits, and regulatory reporting related to consolidated financial statements.
- Assist in financial planning, budgeting, and variance analysis at the group level.
- Ensure adherence to internal controls and corporate governance policies.
- Participate in finance transformation initiatives, ERP implementation, and process improvements related to financial consolidation.

Required Qualifications

- Chartered Accountant (CA) / CPA / ACCA or equivalent professional qualification.

Experience

- 1215 years of relevant experience in Finance & Accounts.




- Minimum 5 years of hands-on experience in Consolidation of Financial Statements (CFS).
- Proven experience in consolidating financial statements of foreign subsidiaries across multiple jurisdictions.
- Experience in multinational companies or large corporate groups is preferred.

Required Technical Skills

- Expert-level knowledge of Consolidation of Financial Statements (CFS).
- Strong understanding of Ind AS, IFRS, and consolidation principles.
- Expertise in foreign currency translation and consolidation adjustments.
- Strong knowledge of intercompany reconciliations and eliminations.
- Experience with group reporting packages and financial close processes.
- Proficiency in ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar platforms.
- Advanced Microsoft Excel skills (Power Query, Pivot Tables, Lookups, Financial Models).
- Experience with consolidation/reporting tools such as SAP BPC, Oracle FCCS, Hyperion HFM, OneStream, or Cognos is preferred.

Key Competencies

- Analytical and problem-solving skills.
- Strong attention to detail.
- Excellent communication and stakeholder management.
- Ability to manage multiple reporting deadlines.
- Leadership and team management capabilities.
- Process improvement mindset.

Ideal Candidate Profile

The ideal candidate should have:

- Extensive experience in preparing Group Consolidated Financial Statements.
- Hands-on expertise in consolidating foreign subsidiaries located across multiple countries.
- Strong understanding of IFRS/Ind AS reporting requirements.
- Experience handling multi-currency consolidations and foreign exchange translation.
- Expertise in intercompany reconciliations and elimination entries.
- Experience working with statutory auditors and external consultants.
- Exposure to large corporate groups or multinational organizations.
- Strong ERP and consolidation software experience.
- Ability to independently lead the monthly, quarterly, and annual financial consolidation process.

📌 AGM- Finance & Accounts (Consolidation of Financial Statements) (Jajpur)
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📍 Jajpur