Head - Financial Reporting

JOB DESCRIPTION :

A position is responsible for managing and ensuring the accurate and compliant financial reporting of the organization, with a focus on Indian Accounting Standards (Ind AS). This role requires extensive expertise in Ind AS and the ability to provide guidance on complex accounting issues.

Key Responsibilities:

- Ind AS Compliance: Ensure compliance with Indian Accounting Standards (Ind AS) and related regulatory requirements, including the proper application of Ind AS in financial statements.

- Financial Reporting: Oversee the preparation and review of financial statements, including balance sheets, income statements, and cash flow statements.

- Technical Accounting: Provide expert guidance on complex accounting matters, including revenue recognition, consolidation, lease accounting, and impairment assessments, among others.

- Ind AS Implementation: Lead the implementation of Ind AS standards and updates, assessing their impact on financial reporting and developing implementation strategies.

- External Audits: Coordinate and manage the external audit process, liaising with external auditors and ensuring timely and accurate provision of audit documentation.

- Financial Analysis: Conduct in-depth financial analysis to identify trends, variances, and opportunities for improvement, providing insights to senior management.

- Internal Controls: Establish and maintain internal controls related to financial reporting to ensure the accuracy and integrity of financial information.

- Stakeholder Communication: Communicate complex accounting and financial reporting issues to senior management, board of directors, and external stakeholders as needed.

- Team Leadership: Supervise and mentor a team of financial reporting professionals, providing guidance, training, and performance management.

- Technical Updates: Stay updated on changes in accounting standards and regulatory requirements related to Ind AS and ensure timely compliance.

Qualifications:

- Qualified CA with 5-15 years of experience in financial reporting and accounting, with a strong focus on Ind AS.

- Candidates preferred from Big4s

- Strong technical accounting skills, with the ability to analyze complex accounting issues and provide solutions.

- Proficiency in financial reporting software and tools (e.g., ERP systems, Excel).

- Excellent analytical, communication, and presentation skills.