Associate Manager - Subsidiaries -

GMR Group; Hyderabad; On-site; INR 1,500,000 - 2,400,000; Full time

Job summary

GMR Group in India is seeking a Manager – R2R Processor (GL Reviewer & Compliance) to independently finalize financials for foreign entities in line with accounting standards. The role oversees GL reviews, reconciliations, and drives process compliance across global books, supporting month-end and year-end closings and internal controls.

You will coordinate with foreign offices, prepare consolidation for entities and JVs, and ensure Ind AS financials are cleared by auditors.

Qualifications

• ACA qualification and membership to relevant institute.
• IFRS/IND AS knowledge is required.
• Advanced Excel skills are essential.
• SAP experience is required.
• Understanding of Income Tax, Companies Act and GST.

Responsibilities

• Convert foreign GAAP financials to Ind-AS on a quarterly basis.
• Coordinate with GMR foreign office for financial data.
• Prepare groupings, schedules, notes, aging report, prepaid expenses, accruals, provisions, intercompany reconciliations for audits.
• Consolidate financials for foreign entities, including JV/Associate companies.
• Ensure Ind AS financials are cleared by statutory auditors and consolidation team.
• Review trial balance regularly and monitor group agreements.
• Adhere to monthly/quarterly/half-year calendars and statutory due dates.
• Assist with internal reporting: daily cash flow, fund flow, MIS, budgets vs actuals; support audit committee.

Skills

Personal Effectiveness

Social Awareness

Entrepreneurship

Problem Solving & Analytical Thinking

Planning & Decision Making

Capability Building

Strategic Orientation

Stakeholder Focus

Networking

Execution & Results

Teamwork & Interpersonal influence

Transactional Financial Reporting (Pr

F and A- Record-to-Report (R2R) (Pract

Compliance and Risk Management (Pract

Performance Reporting and Analytics (P

Financial Governance (Practi

Transactional Financial Analysis (Pra

Education

ACA

IFRS / IND AS

Advance Excel Skills

SAP

Income Tax / Companies Act /GST

Tools

SAP

Job description

Job Description

The Manager – R2R Processor (GL Reviewer & Compliance) is responsible for independently handling the conversion and finalization 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

Head –Finance –Shared Services –Vice President (R2R) --> Team Member | BRS --> Reports To --> Position Title

Responsibilities

KEY ACCOUNTABILITIES

Key Performance Indicators (KPIs)

Accounting & Financials:

• 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 Reconciliation’s 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
• Fund Flow
• MIS
• Budgets vs Actuals
• Giving details to Audit Committee

• As per Internal Due Dates

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

KEY ACCOUNTABILITIES - Additional Details

EXTERNAL INTERACTIONS

• Auditors – Foreign / Indian
• Foreign Consultants

INTERNAL INTERACTIONS

• CFO Office – Singapore
• VP –Finance –SSC
• GIL Consolidation team

FINANCIAL DIMENSIONS

Approx. 20 entities managed

Education Qualifications

• ACA
• IFRS / IND AS
• Advance Excel Skills
• SAP
• Income Tax / Companies Act /GST

Relevant Experience

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

COMPETENCIES

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

Requirements