Financial Analyst Consolidation and Reporting

Weatherford; Bengaluru; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

Weatherford is seeking a detail‑oriented Finance Analyst – Consolidation and Reporting to support global consolidation and reporting processes. You will ensure accurate, timely financial statements and partner with regional finance teams for monthly, quarterly, and annual closes under IFRS/US GAAP.

The role requires expertise in intercompany accounting, eliminations, and consolidation tools (Oracle Hyperion, OneStream, SAP Group Reporting, Oracle ERP).

Qualifications

• Bachelor’s degree in commerce, accounting, finance, business admin or related field.
• CA/Inter CA, CMA/Inter CMA, ACCA, or MBA (Finance) preferred.
• 3-6 years of experience in Financial Consolidation, Corporate Reporting, or R2R in a multinational.
• Strong knowledge of consolidation accounting principles and group reporting processes.
• Experience in monthly, quarterly, and annual consolidation close activities.
• Hands-on with intercompany reconciliations, eliminations, and consolidation adjustments.
• Knowledge of IFRS or US GAAP.
• Experience supporting internal and external audits.
• Proficiency in consolidation tools like Oracle Hyperion, OneStream, SAP Group Reporting, Oracle ERP.

Responsibilities

• Consolidate legal entities monthly, quarterly, and annually within reporting timelines.
• Review and validate submissions from regional finance teams.
• Prepare consolidation journal entries, top-side adjustments and reclassifications.
• Execute ownership, investment, equity, and consolidation adjustments.
• Ensure accuracy of consolidated Balance Sheet, Income Statement, Cash Flow, and Equity statements.
• Perform intercompany balance reconciliations and transaction matching.
• Investigate intercompany discrepancies and resolve mismatches.
• Prepare intercompany elimination entries including unrealized profit eliminations.
• Monitor settlement status and ageing of intercompany balances.
• Support consolidation outputs and management reporting packages.
• Provide variance analysis and management commentary.
• Review entity submissions for completeness and compliance with reporting standards.
• Ensure IFRS/US GAAP compliance and policy adherence.
• Assist with implementation of new accounting standards and reporting requirements.
• Support audits with schedules and documentation.
• Use Oracle Hyperion, OneStream, SAP Group Reporting, or similar systems for consolidation.
• Maintain reporting hierarchies and metadata.
• Identify automation opportunities to improve efficiency and accuracy.
• Develop and maintain SOPs and process documentation.

Skills

Financial Consolidation

Group Reporting

Intercompany Accounting

Eliminations

Journal Entries

IFRS/GAAP Knowledge

Variance Analysis

Excel Proficiency

Oracle Hyperion

OneStream

Education

Bachelor's Degree in Commerce/Finance

CA/Inter CA or CMA/Inter CMA

MBA (Finance) preferred

Tools

Oracle Hyperion

OneStream

SAP Group Reporting

Oracle ERP

Job description

Job Overview

We are seeking a detail-oriented Finance Analyst – Consolidation and Reporting to support the global financial consolidation and reporting process. This role is responsible for ensuring the accuracy, completeness, and timely delivery of consolidated financial statements through effective execution of consolidation activities, intercompany accounting, financial reporting, and compliance requirements. The successful candidate will partner with regional finance teams and key stakeholders to support monthly, quarterly, and annual close processes while ensuring adherence to IFRS/US GAAP and corporate accounting policies.

Responsibilities

• Perform monthly, quarterly, and annual consolidation of legal entities within established reporting timelines.
• Review and validate financial submissions received from regional finance teams.
• Prepare consolidation journal entries, top-side adjustments, and account reclassifications.
• Execute ownership, investment, equity, and consolidation-related adjustments.
• Ensure accuracy of consolidated Balance Sheet, Income Statement, Cash Flow Statement, and Statement of Equity.
• Perform intercompany balance reconciliations and transaction matching activities.
• Investigate and resolve intercompany discrepancies and mismatches.
• Prepare intercompany elimination entries, including unrealized profit eliminations where applicable.
• Monitor settlement status and ageing of intercompany balances.
• Support the preparation of consolidated financial statements, management reports, and executive reporting packages.
• Analyze financial performance and provide variance analysis and commentary to management.
• Review entity submissions for completeness, accuracy, and compliance with reporting requirements.
• Ensure compliance with IFRS, US GAAP, and company accounting policies.
• Support implementation of new accounting standards and reporting requirements.
• Assist with technical accounting research and accounting position papers.
• Support internal and external audits by providing required schedules, analysis, and supporting documentation.
• Perform consolidation activities using Oracle Hyperion (HFM/FCCS), OneStream, SAP Group Reporting, Oracle ERP, or similar systems.
• Maintain reporting hierarchies, consolidation metadata, and reporting structures.
• Identify automation and process improvement opportunities to enhance efficiency and reporting accuracy.
• Develop and maintain standard operating procedures (SOPs) and process documentation.

Skills

• Financial Consolidation Accounting
• Group Financial Reporting
• Intercompany Accounting & Eliminations
• Consolidation Journal Entries & Top-Side Adjustments
• Ownership, Investment & Equity Accounting
• Financial Statement Analysis & Interpretation
• IFRS and/or US GAAP Knowledge
• Variance Analysis & Management Reporting

Qualifications

• Bachelor's Degree in Commerce, Accounting, Finance, Business Administration, or a related discipline.
• CA/Inter CA, CMA/Inter CMA, ACCA, or MBA (Finance) preferred.
• 3-6 years of experience in Financial Consolidation, Corporate Reporting, or Record-to-Report (R2R) functions within a multinational organization.
• Strong knowledge of consolidation accounting principles and group reporting processes.
• Experience managing monthly, quarterly, and annual consolidation close activities.
• Hands-on experience with intercompany reconciliations, eliminations, and consolidation adjustments.
• Working knowledge of IFRS and/or US GAAP.
• Experience supporting internal and external audits.
• Proficiency in Oracle Hyperion (HFM/FCCS), OneStream, SAP Group Reporting, Oracle ERP, or similar consolidation tools.
• Advanced Microsoft Excel skills with strong financial analysis capabilities.
• Ability to work effectively under strict reporting deadlines and manage multiple priorities.
• Strong verbal and written communication skills with the ability to collaborate across global finance teams.