About the Company
SAEL Group has emerged with a bold vision of establishing world-class renewable assets spanning the solar and waste to energy sectors, with a steadfast commitment to ensuring stable profitability. We are utilizing agricultural waste as fuel to produce renewable power round the clock. We have the largest capacity of waste-to-energy generation. Already making strides in the renewable energy space, we aim to escalate our renewable capacity to 5 GW within the next 4-5 years by adding 100MW of recent waste to energy and 600MW of current solar capacity annually. This ambitious endeavor aligns with the Government of India's vision to achieve 500 GW capacity from renewable energy sources by 2030. The SAEL Group is set to embark on a journey that combines organic and inorganic strategies, leveraging marquee investors and partners to realize our vision. At the forefront of this effort is SAEL Industries, the pivotal entity responsible for raising growth capital across various business segments. In addition to its overarching role, SAEL Industries is actively involved in Engineering, Procurement, and Construction (EPC) for the Group's upcoming renewable projects. Furthermore, it takes charge of the Operation and Maintenance (O&M;) activities for both existing commissioned projects and those on the horizon. Through a comprehensive approach, SAEL Group is poised to make significant contributions to the Government's renewable energy targets, exemplifying our commitment to sustainable and impactful growth.
You can know more about us from our website: https://www.sael.co/
Role Objective To manage and oversee the financial consolidation process across group entities, ensuring accurate, timely, and compliant financial reporting in line with applicable accounting standards and internal policies.
Key Responsibilities
1. Financial Consolidation
- Prepare monthly, quarterly, and annual consolidated financial statements.
- Consolidate financials across subsidiaries, JVs,
and associates.
- Ensure elimination of inter-company transactions, balances, and unrealized profits.
- Handle consolidation adjustments including minority interest, goodwill, and fair value adjustments.
2. Financial Reporting
- Ensure compliance with Ind AS / IFRS / GAAP requirements.
- Support preparation of group-level financial reports and management packs.
- Coordinate with auditors for consolidated financial statements.
- Ensure closing of books of accounts for the aligned units/entities, along with consolidation.
3. Intercompany Reconciliation
- Monitor and resolve inter-company differences across entities.
- Drive standardization and automation of reconciliation processes.
- Coordinate across teams to ensure timely closure of books on quarterly basis, including inter company transactions
4. Compliance & Controls
- Ensure adherence to internal financial controls and audit requirements.
- Support statutory audit, internal audit, and regulatory audits.
- Maintain documentation and audit trails for consolidation entries.
5. Stakeholder Coordination
- Liaise with finance teams across subsidiaries for timely submission of financials.
- Work closely with corporate finance, FP&A;, and controllership teams.
Qualifications & Experience
- Qualification: CA
- Experience: 3-4 years in consolidation
- Experience in handling multi-entity/group consolidation environments
Skills & Competencies
- Strong knowledge of financial consolidation and reporting
- Expertise in Ind AS / IFRS
- Advanced Excel and data handling skills
- High attention to detail and analytical mindset
- Ability to work in tight timelines and manage multiple entities
Preferred Attributes
- Prior experience in infrastructure / energy / manufacturing sectors
- Strong communication and stakeholder management skills
Key Deliverables
- Timely closure of monthly/quarterly consolidated books
- Accurate elimination and reconciliation of intercompany balances
- Audit-ready financial statements with minimal qualification
📌 Deputy Manager - Financial Consolidation (Delhi)
🏢 SAEL
📍 Delhi