Assistant Manager - Financial Reporting

InterGlobe Enterprises; Gurugram District; On-site; INR 8,00,000 - 12,00,000; Full time

Job summary

A prominent international hotel investment group based in Gurugram is looking for a Chartered Accountant with 3-5 years of experience in financial reporting. The role involves managing IFRS reporting requirements for a portfolio of hotels, coordinating with auditors, and overseeing accruals and payment controls. The ideal candidate will have strong project management skills and the ability to work with overseas advisors. This position offers a dynamic work environment with significant growth potential.

Qualifications

• 3-5 years of experience in the financial reporting domain.
• Exposure to working with overseas accounting advisors and auditors.
• Ability to manage accruals, provisions and expense controls.

Responsibilities

• Complete reporting requirements monthly, quarterly, and annually.
• Assist in completion of Local GAAP financial statements and audits.
• Control accruals/provisions and payment tracking.
• Review fixed assets accounting and capital expenditures.
• Ensure intercompany balances and transactions are reconciled.
• Assist with tax queries, bank reconciliations, and forecasts.

Skills

Project Management

Communication Skills

Experience with Overseas Accounting Advisors

Microsoft Dynamics F&O

Education

Chartered Accountant

Job description

JOB PURPOSE

InterGlobe has investments in portfolio of International Hotels across various jurisdictions which represents prime assets of the group in some of the most sought-after global business and leisure destinations. This job exists to assist in catering the financial reporting requirement of portfolio of hotel chain (Miiro & K+K) in IFRS and various local GAAPs and getting the financial statements audited from various auditors across the portfolio.

PRINCIPLE ACCOUNTABILITIES

1. Completion of reporting requirements on monthly / quarterly / annually basis for all the entities - Review of monthly PL and BS compiled by the Indian accounting advisors. Ensuring adherence to the close calendars.
2. Assistance in completion of Local GAAP financial statements (including audit, wherever applicable) - Assistance in the finalization of the annual accounts / lead the process for the smaller entities. Working closely with the accounting advisors [India and overseas], ensuring that all the requirements are made available in a timely manner.

   Assistance in the audit of the annual accounts, coordinating with the overseas auditors, controlling the PBC/requirement lists, compiling the responses to auditors requirements and queries.

   Specific areas are impairment assessment, going concern assessments, support letter drafting, quality review of the final accounts [casting, referencing, comparatives checking etc.].

3. Accruals / provisions, expense and payment control -

   Controlling the accruals / provisions. Inputs received from various businesses need to be consolidated and reviewed before sharing with the accounting advisors.

   Tracking actuals against the approved budgets.

   Controlling of owner related scheduled / unscheduled payments

4. Fixed assets accounting - Reviewing the capex and determining the accounting treatment [repairs or capitalization]. Coordinating with the overseas asset manager to ensure that correct treatment is applied.
5. Inter Company - Ensure that the intercompany balances and transactions are reconciled and complete. Controlling the cross charges across the group. Compiling InterCompany confirmations and contracts.
6. Adhoc - Assistance in adhoc requirements related to tax queries, cash flow forecasts, bank reconciliations etc

SKILLS AND KNOWLEDGE

• Excellent Project Management and Communication Skills
• Quick learner, as the processes are not well documented.
• Exposure to working with overseas accounting advisors and auditors.
• Working experience in Microsoft Dynamics F&O will be an added advantage

Educational Qualification: Chartered Accountant

Desired: Experience of 3-5 years in Financial reporting domain