Manager Financial Consolidation

Employer
Ara Resources Private Limited
Location
India
Posted
Jan 11, 2025
Closes
Feb 04, 2025
Ref
5007036492
Level
Manager
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
About The Company Aras Client is an Indian multinational information technology service and consulting company based in Bangalore The company provides infrastructure technology and applications outsourcing services as well as architecture guidance application development and integration and application management services The Role An Entity Consolidation Specialist is responsible for managing the consolidation of financial statements from multiple subsidiaries or entities within an organization ensuring accurate and compliant financial reporting Key responsibilities and qualifications for this role include Key Responsibilities Financial Consolidation Lead the monthly consolidation of subsidiary financial statements ensuring accuracy and compliance with relevant accounting standards Intercompany Transactions Review and manage intercompany transactions and eliminations to ensure accurate consolidated financial results Financial Reporting Prepare consolidated financial statements and reports for internal and external stakeholders including management and regulatory bodies Compliance Assurance Ensure adherence to accounting principles standards and regulatory requirements maintaining the integrity of consolidated financial records Audit Coordination Support internal and external audits by providing necessary documentation and explanations related to consolidated financial statements Process Improvement Identify and implement process improvements to enhance the efficiency and accuracy of the consolidation process Skills Required Technical Proficiency Proficiency in consolidation software and ERP systems e g SAP Oracle as well as advanced skills in Microsoft Excel Analytical Skills Strong analytical abilities to interpret complex financial data and ensure accurate consolidation Attention to Detail High level of accuracy and attention to detail in financial recordkeeping and reporting Communication Skills Excellent verbal and written communication skills to effectively interact with team members management and external parties This role is essential for maintaining the financial integrity of an organization requiring a blend of technical accounting expertise analytical abilities and attention to detail Qualifications Experience Educational Background Qualified accountant CA Experience Minimum 6 years of progressive accounting experience with a focus on financial consolidation and reporting Must have working exposure to onshore geographies