Vodafone Idea - Record to Report Role

ROLE PURPOSE-

This position is responsible for all matters relating to R2R - Record To Report process of Mumbai Circle. This person will be responsible for accurately and timely book closure every month. Ensure evidence based cost provisioning and closure for all the Functions. One of the Key Deliverable will be to drive successful closure of Audit both under IFRS and IGAAP books of accounts. Review, Approval and Filing of Schedules, Reports, Templates, Reconciliations, etc. related to Financials i.e. TB, IGAAP & IFRS Templates, SOX Templates, Corporate Schedules and Reports, CFS, Regulatory Document etc. Signing of statutory submissions

Audit Query Resolution (exceptional) Balance Sheet and P&L Variance Analysis. Front-end interaction with Statutory Authorities. Co-ordination with user department for receipt of MTD provision details.

The person will be also responsible for compliance of Group Accounting and SOX processes.

ESSENCE OF ROLE- Key Accountabilities -

1. Reporting -

- Responsible for completely managing of entire monthly book closure. 

- Ensure accurate & timely book closure with in depth review of variances with respect to Budget & Previous period. 

- Ensure review of IFRS Vs IGAAP GAP Recon for Balance Sheet GLs before closure. 

- Drive adherence to Vodafone Groups Policies and Procedure and submission related to the same.

2. Audit - 

- Responsible for completely managing of entire Statutory Audit both under IFRS & IGAAP books of accounts. 

- Ensure successful & timely closure of Statutory Audits with Nil adverse observations. 

- Also liaise with SOX, Internal and corporate auditors to ensure successful & timely closure of these audits. 

- Also ensure that all Audit relates schedules and information are provided in correct and timely manner. 

- Audit Query Resolution & Balance Sheet and P&L Variance Analysis are appropriately explained.

3. Functional Cost Closure - 

- Responsible for accurate and timely closure of cost of All the functions. 

- Ensure that all cost provisions are backed up by appropriate evidences. 

- Prepare ageing schedule and audit schedules pertaining to the same.

4. Others (Compliance to SOX & Group Policies) -

- Ensure strong governance & compliance to Vodafone Group policies. 

- Ensure all submissions of reporting under Group Policies (Viz. VGFOP3, VGFOP4, FM 2740, FM 2741, FM 2743). 

- EVO FDS approval of ALL purchase orders. 

- Liaise to close all intercompany debit & credit not issue. 

- Manage Property Tax related provisions, etc.

TYPICAL OUTPUTS

- Complete end to end Monthly books of Accounts Closure.

- Successful and Timely closure of all Audits. (Statutory Audit IFRS, IGAAP, Internal Audits, -Cost Audits, Internal Audits, SOX Audits etc.)

- Month closure MIS Reporting.

- Preparation & Review of Schedules for various Audits.

- Variance Analysis and explanation for various Audits.

PERSONAL SPECIFICATIONS

- Strong understanding & knowledge of Accounting Principles (ESSENTIAL)

- Strong understanding of Internal Controls. (ESSENTIAL)

- Strong MS Excel & SAP knowledge (ESSENTIAL)

- Interpersonal & Relationship skills. (DESIRED)