Associate Manager - Subsidiaries

GMR Group; Hyderabad; On-site; INR 1,600,000 - 2,600,000; Full time

Job summary

GMR Group is seeking a Manager – R2R Processor (GL Reviewer & Compliance) to independently handle the conversion and finalisation of financials for foreign entities in line with accounting standards. You will oversee general ledger reviews, ensure accurate reconciliations, and support month-end and year-end closings.

The role requires ACA or equivalent, IFRS/IND AS knowledge, and strong Advanced Excel and SAP skills.

Qualifications

• ACA or equivalent professional qualification.
• IFRS / IND AS knowledge required.
• Advanced Excel skills essential.
• SAP experience preferred.

Responsibilities

• Conversion of foreign GAAP to Ind-AS on a quarterly basis.
• Coordinate with GMR foreign office for financial data.
• Assist in audit preparations and liaise with auditors.
• Consolidation of financials for foreign entities and joint ventures.
• Review Trial Balance and monitor agreements with group companies.
• Ensure adherence to statutory due dates and internal controls.

Skills

Financial analysis

R2R processes

GL review

Analytical thinking

Stakeholder focus

Problem solving

Education

ACA

IFRS / IND AS

Tools

SAP

Advanced Excel

Job description

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Company: GMR Group

JOB PURPOSE

The Manager – R2R Processor (GL Reviewer & Compliance) is responsible for independently handling the conversion and final emptyation of financials for foreign entities in line with applicable accounting standards. The role oversees general ledger reviews, ensures accurate reconciliations, and drives process compliance across global books. This position supports month-end and year-end closings, monitors statutory and regulatory requirements, and implements internal controls to mitigate financial risks.

ORGANISATION CHART

KEY ACCOUNTABILITIES

Responsibilities

Key Performance Indicators (KPIs)

Conversion of financials from foreign GAAP to Ind-AS on quarterly basis

Coordination with GMR foreign office for financials/ data

Getting the financials audited with Indian auditors (Preparation of Grouping, Schedules, Notes, Aging report, Prepaid expenses, Accruals, Provisions, Inter Company Reconciliationâs etc.)

Consolidation of financials for holding company for Foreign entities

Consolidation of financials with joint ventures /associate Companies

Getting the Ind AS financials cleared by GIL Statutory auditors and GIL Consolidation Team

Review the Trial Balance on regular basis and monitoring of agreements with the group companies

• Adherence to month. /quarterly / Half yearly Calendar/ Statutory due dates

Internal Reporting:

Daily Cash Flow

MIS

Budgets vs Actuals

Giving details to Audit Committee

Other Areas/ Statutory Areas for Indian Companies

Handling other assignments as and when assigned

Familiar with preparing of GST monthly returns/ TDS returns /advance tax calculations

Reconciliation TDS receivable/received account with 26AS report

Filing of annual ITR-6 Returns & Tax Audit returns

Assist the Statutory, Internal, ICFR & Tax audit & attend to queries and ensure the completion of audit

Provide the details for Income Tax/ GST Workings

• As per Statutory Due Dates

EXTERNAL INTERACTIONS

INTERNAL INTERACTIONS

GIL Consolidation team

FINANCIAL DIMENSIONS

OTHER DIMENSIONS

Approx. 20 entities managed

EDUCATION QUALIFICATIONS

ACA

IFRS / IND AS

Advance Excel Skills

SAP

RELEVANT EXPERIENCE

6 - 8 years of experience in finance and accounts department of a large organization

COMPETENCIES

• Personal Effectiveness
• Problem Solving & Analytical Thinking
• Planning & Decision Making
• Capability Building
• Strategic Orientation
• Stakeholder Focus
• Networking
• Execution & Results
• Teamwork & Interpersonal influence
• F and A- Record-to-Report (R2R) (Practitioner)
• Compliance and Risk Management (Practitioner)
• Performance Reporting and Analytics (Practitioner)
• Transactional Financial Analysis (Practitioner)