Bharti Enterprises - Assistant Manager/Manager - Family Office - CA

Assistant Manager/ Manager Family Office

About Bharti Enterprises:

Founded in 1976, by Sunil Bharti Mittal, Bharti is one of the largest and most respected business groups in India. Bharti Airtel, the Group's flagship company is a leading global telecommunications company with operations in 18 countries across Asia and Africa. With our entrepreneurial spirit and passion, we have diversified into areas such as financial services, real estate, hospitality, agri and food, training and capacity building and distribution of telecom/IT products. Bharti Foundation, the Group's philanthropic arm implements and supports programs in the field of primary, elementary, senior secondary and higher education. What sets us apart from the rest is our ability to forge strong partnerships and focus on execution for profitable growth in the operating markets. Over the years some of biggest names in international business, SingTel, IBM, Ericsson, Nokia Siemens, Alcatel-Lucent, AXA Group, Del Monte, have partnered with us.

- The Family Office of Bharti Group is situated in Delhi and is one of the earliest family offices established in India for managing the wealth of Bharti family - one of the wealthiest and most reputed business families of India.

- The purpose of this family office is to provide a broad spectrum of services to promoters ranging from management of wealth of Bharti family to advising the promoters through a professionally driven setup of SMEs (Subject Matter Experts).

- Bharti's family office offers diverse experience, including strategizing structuring of the entities, investment management, tax and compliances, and exposure to international business, Ind-AS compliances, consolidations. This office ensures a well-rounded development of professionals and provides an exposure to the entire Group.

About the Job:

This role provides enriching experience in the field of Ind-AS, Consolidation, RBI and SEBI regulations and a good exposure to Direct Tax Compliances. Candidate most suited for the job is a qualified chartered accountant with 5-10 years of experience with good communication skills, eagerness to learn and stability mindset.

Key responsibilities:

1. Review of annual financials post finalization of accounts (under Ind-AS & IGAAP):

- Monitoring the preparation of annual financials and finalization of accounts of all the companies/Trust /LLP and ensure correctness of details

- Consolidation of annual financials

- Quarterly filings of audited financials on stock exchanges for debt listed entities.

2. New Developments, initiatives and strengthening of controls:

- Development of robust MIS and SOPs for changing business needs

- Establish internal controls and systems for business operations

- Support development of strategies, review of business proposals, etc. Analyze and evaluate business initiatives for financial viability

- Coordinate and proactively support/contribute in development/preparation of Business Plans.

- Establishment of controls to prevent cost overruns, protect company assets, prevent losses.

3. Compliances and process adherence:

- Ensure complied processes are followed for payment to foreign vendors of all the companies

- Ensure adherence to statutory compliances and banking compliances

- Establish systems to monitor actual performance.

4. Other miscellaneous activities:

- Support in coordination of internal/ external audits

- Ensure processing of reimbursement, hire changes and other payments relating to employees

- Preparation of corporate AOP

- Planning of fund movement between promoter company and other JV companies

- Monthly preparation of common expense report of various group companies

- Monthly departmental MAPA preparation consolidation

- Planning of processing of transactions relating to acquisition or disinvestment of Bharti Group companies.

- Monitoring weekly review of all vouchers and supports to ensure paperless backup support of the documents

- Preparation and analysis of corporate office expense for management review

- Preparing and closing of books of internal entities on FRS Accounting Standards

5. Reporting to RBFI under CIC/NBFC Regulations.

6. Support in Direct Taxation (queries, enquiries from Govt. departments, etc.) of companies/ Trust/ LLP/ Individuals and evaluate proposals.