Description:
Director / Senior Manager Financial Accounting Advisory Services (FAAS)
Function:
Accounting Advisory | Technical Accounting | Financial Reporting
Role Overview :
The role will provide expert accounting advisory support on complex transactions, financial reporting matters, and implementation of accounting standards. The position requires deep technical expertise across Ind AS / IFRS / US GAAP, strong business understanding, and the ability to translate accounting requirements into practical, business-aligned solutions.
Key Responsibilities:
1. Technical Accounting Expertise
- – Research, interpret, and document complex accounting treatments under Ind AS, IFRS, and US GAAP.
- – Prepare detailed technical accounting memos, position papers, and whitepapers for significant transactions.
- – Formulate and defend the organizations official accounting positions on complex and judgmental matters.
- – Act as the subject matter expert for technical accounting queries across the organization.
2. Financial Reporting & Compliance
- – Ensure accurate accounting and recording of transactions in compliance with applicable accounting standards.
- – Support preparation and review of financial statements, including disclosures, notes, and judgments, ensuring clean audit outcomes.
- – Monitor and interpret changes in accounting standards, regulatory guidance, and industry practices.
- – Assess the impact of new or amended accounting standards and advise stakeholders accordingly.
3. Business Advisory & Issue Resolution
- – Provide accounting advisory support on new business transactions, contracts, M&A, restructurings, financing arrangements, and complex deals.
- – Apply accounting principles to real-world business scenarios to enable informed strategic decision-making.
- – Evaluate accounting implications for new products, business models, and strategic initiatives.
- – Resolve complex accounting issues through structured analysis and practical recommendations.
4. Cross-Functional Collaboration
- – Partner closely with business controllers, tax, legal, treasury, FP&A, and operations teams.
- – Engage with auditors to discuss, justify, and align on accounting treatments and positions.
- – Present accounting conclusions clearly to senior management and business stakeholders.
5. Implementation & Capability Building
- – Lead implementation of new accounting standards and major accounting changes across the organization.
- – Develop and deliver training sessions for finance and business teams on technical accounting updates and best practices.
- – Benchmark accounting treatments against peer companies and industry practices to ensure alignment with market standards.
Ideal Candidate Profile:
- – Chartered Accountant (CA) with 12- 15 years of strong technical accounting experience.
- – Prior experience in Big 4 (Audit / FAAS / Accounting Advisory) or in a large corporate controllership / technical accounting role.
- – Deep hands-on knowledge of Ind AS, IFRS, and/or US GAAP.
- – Strong analytical, problem-solving, and documentation skills.
- – Excellent communication skills with the ability to simplify complex accounting concepts for business stakeholders.
- – Proven experience working with senior leadership and external auditors.