Business Finance Controller

Key Responsibilities

1. Technical Accounting & Financial Reporting

• Act as the subject matter expert on Ind AS and technical accounting matters across the organization.
• Assess the accounting implications of complex and non-routine business transactions under Ind AS.
• Provide technical accounting guidance on acquisitions, investments, restructuring, business combinations, revenue arrangements, leases, financial instruments, employee benefits, and other complex transactions.

Prepare and review detailed Accounting Memos / Technical Accounting Papers documenting accounting positions, key judgments, applicable standards, and conclusions.

Ensure technical accounting positions are appropriately supported by relevant Ind AS requirements and professional guidance.

• Review significant accounting judgments, estimates, and assumptions and ensure appropriate documentation.
• Monitor changes in Ind AS/IFRS and assess their impact on the organization.

2. Valuation & Complex Transactions

• Provide finance and accounting expertise on valuation matters arising from business transactions and financial reporting.
• Review and assess valuation methodologies, assumptions, and outputs for accounting and reporting purposes.
• Demonstrate strong understanding of fair value, impairment, purchase price allocation (PPA), goodwill, intangible assets, investments, financial instruments, and other valuation-related matters.
• Work closely with valuation specialists, auditors, investment teams, legal teams, and business stakeholders on complex transactions.
• Review valuation reports and challenge key assumptions, methodologies, and conclusions from an accounting perspective.
• Assess accounting implications of mergers, acquisitions, investments, divestments, restructuring, and other strategic transactions.

3.  Group Consolidation

• Prepare and review consolidated financial statements and management reporting packs.
• Analyze financial performance and key movements across entities and business units.
• Provide insights into significant variances, accounting adjustments, and financial trends.
• Support senior management with accurate and meaningful financial information for decision-making.
• Ensure accurate preparation of consolidated P&L, Balance Sheet, Cash Flow, and financial statement disclosures.
• Review inter-company balances and transactions and ensure appropriate eliminations.
• Manage consolidation adjustments and accounting entries arising from subsidiaries, associates, joint ventures, and other investments.
• Ensure consistency of accounting policies and reporting practices across entities.
• Review consolidation schedules and ensure timely resolution of reconciliation differences.

4. Key Technical Expertise Required

The candidate should demonstrate strong practical expertise in:

• Ind AS / IFRS
• Technical accounting and financial reporting
• Preparation and review of Accounting Memos / Technical Accounting Papers
• Group financial consolidation
• Business combinations and acquisition accounting
• Purchase Price Allocation (PPA)
• Goodwill and intangible asset accounting
• Valuation and fair value accounting
• Impairment testing
• Financial instruments and fair value measurement
• Revenue recognition
• Lease accounting
• Investment accounting
• Inter-company accounting and eliminations
• Complex accounting judgments and estimates
• Statutory financial reporting
• Audit and financial controls