Career Opportunities: MI ASSISTANT MANAGER (2341)

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• Purpose of Position:

   

  The role is responsible for ensuring the accuracy, completeness, and timeliness of consolidated financial statements, including all notes and disclosures, in compliance with IFRS. The position supports effective planning and smooth functioning of the finance consolidation function by delivering high-quality outputs for assigned responsibilities. It also focuses on streamlining and improving group quarterly and annual close and reporting processes and serves as a key liaison with internal and external auditors to ensure efficient audit coordination and resolution of queries.

  Key Responsibilities & Accountabilities: Key responsibilities include following major tasks:

   

  Financial Reporting, Consolidation & Analysis:

   

  •             Timely preparation of consolidated and standalone financial statements of the group on quarterly and annual basis with detailed disclosures and notes to consolidated financials under IFRS.

   

  •             Coordination with the auditors for annual audit procedure of the group.

   

  •             Review subsidiary financial submissions, identify variances, and ensure consistency with group accounting policies.

   

  •             Perform and review consolidation adjustments including intercompany eliminations, unrealized profit eliminations, and equity accounting.

   

  •             Prepare and review fair value adjustments, business combination accounting, and investment-related workings where applicable.

   

  •             Assess and conduct analysis, presenting results and putting forward recommendations through the provision of briefings, presentations or written reports, to support decision making.

   

  •             Preparation of Quarterly financial review report for the Group including discussions on the results of operation, financial analysis, liquidity, capital resources etc. (MD&A). 

   

  •             Maintain and update group accounting manuals, consolidation templates, and standard operating procedures.

   

  •             Drive process improvements and automation to enhance efficiency and accuracy of consolidation and reporting activities.

   

  •             Consolidate budgets and forecasts received from subsidiaries and ensure alignment with group assumptions and timelines.

   

   

   

   

   

   

  Others:

   

  •             Evaluation, identification of options and recommendations for improvement and development of existing processes.

  •             Support implementation and enhancement of consolidation and reporting systems

  •             Provide guidance and support to subsidiary finance teams on group reporting requirements and timelines.

   

  •             Development of adhoc reports and analysis as and when required.

   

  •             Building good relationship with cross-functional teams for smooth functioning of the tasks and deliverables with ease on time.

   

  •             Identify opportunities for process optimization, standardization, and automation within R2R

  •             Perform analytical review of variances, unusual movements, and key balances before finalization

  •             Drive continuous reduction in manual adjustments and post-close corrections

  •             Support budgeting, forecasting, and variance analysis in collaboration with FP&A

  •             Support management with ad-hoc financial analysis and decision-support reports

   

  Principal Challenges:

  As the person would be responsible for timely deliveries of tasks at the same time with high levels of accuracy, he should be able to perform multiple tasks. Also this role requires regular improvement of the existing process, continuous development of knowledge and skills are also expected.

   Qualifications:

  •             CA / CPA / CFA with a consistent academic record.

                                                                    

  Minimum Work Experience:                                                              

  •             Min. 3 years of relevant experience.

  •             Good experience of IFRS reporting, consolidation of financials, automation of financial reports;

  •             Experience in various analysis of periodic financials;