Business Finance Controller

Aster DM Healthcare; Bengaluru; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Aster DM Healthcare seeks a seasoned finance professional with deep Ind AS/IFRS expertise to lead technical accounting, financial reporting and group consolidation. The role covers acquisitions accounting, PPA, impairment, and valuation, with partnership across audit, legal and investment teams.

You will prepare technical accounting memos, monitor IFRS changes, and ensure compliant disclosures across entities.

Qualifications

• Ind AS / IFRS mastery and technical accounting
• Preparation and review of Accounting Memos / Technical Accounting Papers
• Group financial consolidation incl. intercompany eliminations
• Acquisitions accounting, business combinations and PPA
• Impairment, goodwill and intangible asset accounting
• Valuation and fair value accounting
• Financial instruments and revenue & lease accounting
• Statutory financial reporting and audit support

Responsibilities

• Act as the subject matter expert on Ind AS and technical accounting matters across the organization.
• Assess the accounting implications of complex and non-routine business transactions under Ind AS.
• Provide technical accounting guidance on acquisitions, investments, restructuring, business combinations, revenue arrangements, leases, financial instruments, employee benefits, and other complex transactions.
• Prepare and review detailed Accounting Memos / Technical Accounting Papers documenting accounting positions, key judgments, applicable standards, and conclusions.
• Ensure technical accounting positions are appropriately supported by relevant Ind AS requirements and professional guidance.
• Review significant accounting judgments, estimates, and assumptions and ensure appropriate documentation.
• Monitor changes in Ind AS/IFRS and assess their impact on the organization.
• Provide finance and accounting expertise on valuation matters arising from business transactions and financial reporting.
• Review and assess valuation methodologies, assumptions, and outputs for accounting and reporting purposes.
• Demonstrate strong understanding of fair value, impairment, purchase price allocation (PPA), goodwill, intangible assets, investments, financial instruments, and other valuation-related matters.
• Work closely with valuation specialists, auditors, investment teams, legal teams, and business stakeholders on complex transactions.
• Review valuation reports and challenge key assumptions, methodologies, and conclusions from an accounting perspective.
• Assess accounting implications of mergers, acquisitions, investments, divestments, restructuring, and other strategic transactions.
• Prepare and review consolidated financial statements and management reporting packs.
• Analyze financial performance and key movements across entities and business units.
• Provide insights into significant variances, accounting adjustments, and financial trends.
• Support senior management with accurate and meaningful financial information for decision-making.
• Ensure accurate preparation of consolidated P&L, Balance Sheet, Cash Flow, and financial statement disclosures.
• Review inter-company balances and transactions and ensure appropriate eliminations.
• Manage consolidation adjustments and accounting entries arising from subsidiaries, associates, joint ventures, and other investments.
• Ensure consistency of accounting policies and reporting practices across entities.
• Review consolidation schedules and ensure timely resolution of reconciliation differences.

Skills

Ind AS / IFRS

Technical accounting

Financial reporting

Group consolidation

PPA

Goodwill accounting

Valuation & fair value

Impairment testing

Inter-company

Audit & controls

Job description

Key Responsibilities

1. Technical Accounting & Financial Reporting

• Act as the subject matter expert on Ind AS and technical accounting matters across the organization.
• Assess the accounting implications of complex and non-routine business transactions under Ind AS.
• Provide technical accounting guidance on acquisitions, investments, restructuring, business combinations, revenue arrangements, leases, financial instruments, employee benefits, and other complex transactions.

Prepare and review detailed Accounting Memos / Technical Accounting Papers documenting accounting positions, key judgments, applicable standards, and conclusions.

Ensure technical accounting positions are appropriately supported by relevant Ind AS requirements and professional guidance.

• Review significant accounting judgments, estimates, and assumptions and ensure appropriate documentation.
• Monitor changes in Ind AS/IFRS and assess their impact on the organization.

2. Valuation & Complex Transactions

• Provide finance and accounting expertise on valuation matters arising from business transactions and financial reporting.
• Review and assess valuation methodologies, assumptions, and outputs for accounting and reporting purposes.
• Demonstrate strong understanding of fair value, impairment, purchase price allocation (PPA), goodwill, intangible assets, investments, financial instruments, and other valuation-related matters.
• Work closely with valuation specialists, auditors, investment teams, legal teams, and business stakeholders on complex transactions.
• Review valuation reports and challenge key assumptions, methodologies, and conclusions from an accounting perspective.
• Assess accounting implications of mergers, acquisitions, investments, divestments, restructuring, and other strategic transactions.

3. Group Consolidation

• Prepare and review consolidated financial statements and management reporting packs.
• Analyze financial performance and key movements across entities and business units.
• Provide insights into significant variances, accounting adjustments, and financial trends.
• Support senior management with accurate and meaningful financial information for decision-making.
• Ensure accurate preparation of consolidated P&L, Balance Sheet, Cash Flow, and financial statement disclosures.
• Review inter-company balances and transactions and ensure appropriate eliminations.
• Manage consolidation adjustments and accounting entries arising from subsidiaries, associates, joint ventures, and other investments.
• Ensure consistency of accounting policies and reporting practices across entities.
• Review consolidation schedules and ensure timely resolution of reconciliation differences.

4. Key Technical Expertise Required

The candidate should demonstrate strong practical expertise in:

• Ind AS / IFRS
• Technical accounting and financial reporting
• Preparation and review of Accounting Memos / Technical Accounting Papers
• Group financial consolidation
• Business combinations and acquisition accounting
• Purchase Price Allocation (PPA)
• Goodwill and intangible asset accounting
• Valuation and fair value accounting
• Impairment testing
• Financial instruments and fair value measurement
• Revenue recognition
• Lease accounting
• Investment accounting
• Inter-company accounting and eliminations
• Complex accounting judgments and estimates
• Statutory financial reporting
• Audit and financial controls