Financial Consolidation Specialist

Role Overview and Responsibilities

This position involves thorough preparation and management of consolidated financial statements for the Holding Company and Special Purpose Vehicles (SPVs) on monthly, quarterly, and annual schedules. The candidate will be accountable for uploading, validating, and reconciling data within Hyperion reporting platforms, while ensuring accuracy of consolidation entries including eliminations and adjustments within set reporting deadlines.

Month-End and Year-End Closures

The role requires the candidate to aid in timely book closures across multiple SPVs through collaboration with finance teams. Critical review of trial balances, schedules, and reconciliations is essential before the consolidation process is finalized.

Intercompany Reconciliation Management

Perform regular reconciliation of intercompany balances and transactions among various entities and work closely with involved parties for swift resolution of discrepancies and outstanding items.

Management Information Systems and Reporting

Prepare Management Information System (MIS) reports, conduct variance analyses, design dashboards, and develop presentations for management review. The candidate will support budgeting, forecasting, and various analytical reporting functions.

Regulatory Compliance

Ensure all activities comply with Indian Accounting Standards (Ind AS), relevant accounting policies, and the Companies Act. Assist in implementing new or updated accounting and reporting standards as required.

Audit Coordination

Facilitate statutory audits, internal audits, and limited review processes by generating schedules and providing necessary documentation. Act as a focal point for auditors regarding consolidation and reporting related inquiries.

ERP and Hyperion Data Governance

Maintain accuracy and completeness in financial data uploaded into ERP and Hyperion systems. Participate in system validations, review mapping configurations, and enforce reporting controls to guarantee efficiency.

Process Enhancement and Financial Controls

Continuously identify areas within consolidation and reporting processes that can benefit from automation and optimization. Uphold internal control standards and governance frameworks to ensure reliability and integrity of financial reports.