Lead - Financial Reporting - Retail - CA
Verified Company · Mumbai · onsite · Posted 44d ago
About a minute. You'll make an account on the way through.
About this role
Overview:
Responsible for managing the financial reporting function, ensuring timely and accurate preparation of financial statements, management reporting, statutory reporting, and compliance with applicable accounting standards and regulatory requirements.
- Lead the monthly, quarterly and annual financial close and reporting process, including coordination with external auditors and resolution of audit queries.
- Prepare and review financial statements, schedules and disclosures in accordance with applicable accounting standards, including Ind AS.
- Ensure accuracy and completeness of the General Ledger, balance sheet reconciliations and financial reporting schedules.
- Drive the month-end and year-end closing process, including review of provisions, accruals, depreciation, revenue recognition, leases and other accounting adjustments.
- Ensure compliance with Ind AS, Companies Act and other applicable financial reporting requirements.
- Review accounting treatment for new business transactions, contracts and complex accounting matters and provide appropriate guidance.
- Prepare board/investor reporting and financial information as required.
- Strengthen financial reporting processes, controls and automation to improve accuracy, timeliness and efficiency.
- Identify and resolve reporting gaps and control issues, with appropriate root-cause analysis and corrective actions.
- Maintain appropriate documentation and audit trails for significant accounting judgements and estimates.
- Lead and develop the financial reporting team.
Key Deliverables / KPIs:
- Timely completion of monthly/quarterly/year-end financial close.
- Accuracy and quality of financial statements and MIS.
- Timely resolution of audit queries.
- Compliance with Ind AS and regulatory requirements.
- Reduction in reporting errors and manual interventions.
- Timely completion of balance sheet reconciliations.
- Improvement in reporting automation and process efficiency.
- Effective implementation of internal controls.
Qualifications:
- CA with 6 - 8 years of experience.
- Strong knowledge of Ind AS and financial reporting.
- Strong Excel and ERP knowledge; experience with SAP/Oracle/other ERP systems preferred.
- Experience in managing audits and working with cross-functional stakeholders.
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