Financial Reporting - Mumbai - Lodha (I - Think Techno Campus)

Main Accountabilities

1. Financial Reporting & Closures

. Lead monthly, quarterly, and annual financial closures
. Ensure accuracy, completeness and timelines of financial statements
. Maintain alignment between books of accounts, MIS and disclosures

2. GL Control & Accounting Governance

. Oversee GL integrity across portfolios and business units

. Ensure appropriate accounting treatment in compliance with IndAS and IFRS
. Drive cleanup of aged / unreconciled balances

3. IND-AS Compliance & Disclosures

. Ensure adherence to IND-AS and IFRS standards in financial reporting
. Review notes to accounts and disclosures for completeness and accuracy
. Support preparation of statutory financial statements and audit schedules

4. Regulatory Reporting (RBI & Others)

. Oversee preparation and submission of RBI returns and regulatory filings
. Ensure compliance with applicable regulatory requirements
. Manage ad-hoc data regulatory data request efficiently

5. Audit & Compliance Management

. Coordinate with Statutory Auditors, Internal Audit, IFC, and regulatory authorities
. Provide required schedules, reconciliations and explanations
. Ensure closure of audit observations with defined timelines

6. Business Accounting Oversight
. Validate revenue recognition, provisioning, and expense accounting
. Identify inconsistencies and implement corrective actions

7. MIS, Analytics & Management Reporting

. Review MIS reports and financial analytics
. Preparation of management and Board-level presentations
. Provide insights on financial performance and variances

8. Process Improvement & Controls

. Identify process gaps and strengthen internal controls
. Enhance governance to prevent misstatements and errors

. Drive standardization and best practices across accounting processes

9. Automation & System Enablement

. Champion automation initiatives in financial reporting and reconciliations.

. Collaborate with IT for system enhancements (e.g., SAP, reporting tools).

. Improve efficiency through system-driven controls and reporting

10. Consolidation & Group Reporting
. Lead consolidation of financial statements across entities, ensuring accuracy and completeness
. Ensure elimination of inter-company transactions and reconciliation of group balances
. Drive timely preparation of consolidated financials in compliance with IND-AS (Ind AS 110, 111, 28, etc.)
. Review consolidation adjustments, minority interest, and group-level disclosures
. Coordinate with business units and subsidiaries for standardized reporting and data submission
. Strengthen controls and automation around consolidation processes and group reporting