IFRS Consolidation - Senior (Gurugram)

IFRS Consolidation - Senior (Gurugram)

16 Aug
|
EY
|
Gurugram

16 Aug

EY

Gurugram

Job Title: Tax ACR - Senior - IFRS Consolidation

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Role Overview

We are seeking a highly skilled Senior – IFRS Consolidation Specialist with strong experience in real estate fund structures and Yardi consolidation module.

The role will focus on end-to-end consolidation under IFRS, including complex transactions such as acquisitions, disposals, ownership changes, and multi-currency consolidation, along with configuration and optimization of consolidation processes in Yardi.

Key Responsibilities

1. IFRS Consolidation (Real Estate Focus)

- Prepare and review consolidated financial statements under IFRS, including disclosures and reporting packages
- Perform consolidation for complex real estate structures, including:
- Acquisition accounting (IFRS 3)
- Disposal accounting
- Step acquisitions / changes in ownership (with and without change in control)
- Share deal structures commonly used in real estate

- Conduct control assessment in accordance with IFRS principles
- Manage and validate:

- Non-controlling interest (NCI) calculations
- Currency Translation Adjustments (CTA)
- Intercompany eliminations and equity pickup adjustments

- Analyze differences between:

- Investment entities vs. real estate operational entities

- Review consolidation adjustments and ensure accurate IFRS reporting across group entities

2. Yardi Consolidation & System Expertise

- Configure and manage Yardi consolidation module, including:
- Full consolidation rules
- Equity pickup rules
- Non-controlling interest (minority interest) configuration
- Elimination rules
- Currency translation rules (average, closing, etc.)

- Support setup and maintenance of:

- Commitments and ownership structures in Yardi
- Entity hierarchies and consolidation mapping

- Perform:





- Data validation between local books vs. consolidation layer
- Review of consolidation outputs and reporting extracts

- Troubleshoot and optimize system configuration for accurate consolidation outputs
- Collaborate with IT / system teams for enhancements and automation

3. Reporting & Process Management

- Lead preparation of:
- Consolidated balance sheet, income statement, and cash flow
- Notes to financial statements and disclosures

- Ensure consistency, audit readiness, and compliance with IFRS standards
- Drive process improvements in consolidation workflows and reporting
- Coordinate with fund controllers, auditors, and service providers

Required Skills & Experience

Technical Expertise

- Strong hands-on experience in:
- IFRS consolidation (minimum 3–6 years)
- Real estate or private equity fund structures

- Deep knowledge of:

- IFRS 10 / IFRS 3 / IAS 21
- Acquisition & disposal accounting
- Ownership changes and control assessment
- CTA, NCI, and intercompany eliminations

System Skills (Highly Preferred)

- Proven experience with:
- Yardi Consolidation Module

- Solid understanding of:

- Consolidation rule setup (full, equity pickup, elimination, NCI)
- Multi-currency consolidation mechanisms
- Commitments and ownership structure configuration

Soft Skills

- Strong analytical and problem-solving ability
- High attention to detail and audit readiness mindset

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📌 IFRS Consolidation - Senior (Gurugram)
🏢 EY
📍 Gurugram

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