Financial Reporting Manager

Neo Wealth and Asset Management; Mumbai; On-site; INR 2,800,000 - 3,800,000; Full time

Job summary

Neo Wealth and Asset Management in Mumbai seeks a Chartered Accountant to own the books, drive month-end close, and manage statutory audits for a multi‑entity setup. The role emphasizes Ind AS compliance, tax, GST, and ERP controls with direct visibility to the Group CFO.

The candidate will implement process improvements and automation, ensuring accurate financial reporting and robust governance across entities within Oracle Fusion framework.

Qualifications

• Qualified CA with 2+ years post‑qualification experience in BFSI sector.
• Experience in Ind AS financial statements and statutory audits.
• Strong knowledge of direct and indirect tax compliance (GST, TDS, etc.) and IFR/ERP controls.
• Proficiency in ERP systems and Excel automation.

Responsibilities

• Own the complete general ledger for assigned entities; drive month-end close and reconciliations.
• Prepare standalone Ind AS financial statements and manage statutory audit with Big 4 auditors.
• Oversee GST, tax provisions, and transfer pricing documentation where applicable.
• Design and operate internal controls (IFC framework) and support Group consolidation.
• Identify process improvements and participate in Oracle Fusion enhancement initiatives.

Skills

Ind AS knowledge

Audit management

Financial reporting

Tax compliance

Excel macros

ERP familiarity

Education

CA (Chartered Accountant)

Tools

Oracle Fusion

SAP

Tally Enterprise

Job description

The candidate will be a critical member of the Finance function, owning the completeness and accuracy of the books. The role combines deep technical accounting with hands‑on regulatory compliance, audit management, and process ownership — and offers direct visibility to the Group CFO.

This is a high‑accountability role, suited to a CA who has built strong technical depth in their early years and is now ready to take full charge of a business unit's financial control environment.

What You Will Own

1. Books & Period-End Close

• Own the complete and accurate general ledger for assigned entities / verticals — from source transactions to trial balance.
• Drive a disciplined month-end close process: accruals, provisions, prepayments, intercompany eliminations, and ledger scrutiny completed within defined timelines.
• Maintain a zero‑surprise posture — all material balances must be reconciled, aged items explained, and open items resolved proactively.
• Prepare entity‑level MIS packs and financial dashboards for the Financial Controller and CFO on a monthly basis.

2. Financial Statements & Statutory Audit

• Independently prepare standalone Ind AS financial statements (Balance Sheet, P&L, Cash Flow, Notes to Accounts) for assigned entities.
• Own the statutory audit relationship for assigned entities — manage Big 4 / category I auditor queries, drive audit closures as per audit calendar, and target zero re‑opening of closed items.
• Ensure correct application of relevant Ind AS standards: Ind AS 109 / 113 / 107 / 32 for financial instruments; Ind AS 115 for revenue; Ind AS 116 for leases; Ind AS 12 for taxes and all other relevant Ind AS applicable to the vertical.
• Support Group consolidation by providing accurate entity numbers, related‑party schedules, and elimination entries on time.
• Design, document and operate the IFC framework for the vertical — covering financial reporting controls, transaction‑level controls, and IT‑dependent controls within Oracle Fusion.
• Maintain risk‑and‑control matrices (RCMs); ensure all key controls are periodically tested and results documented.
• Track audit observations (statutory and internal) for the vertical; own closure within committed timelines; elevate systemic gaps to the Financial Controller and Group CFO.
• Support the Group's Internal Auditor during periodic reviews — prepare schedules, respond to queries, and implement recommendations.

4. Regulatory & Tax Compliance

• Ensure correct direct tax treatment is reflected in the books — TDS (194A / 194H / 194J / 194C / 194LD as applicable), advance tax provisioning, and deferred tax accounting (Ind AS 12).
• Manage GST compliance for assigned entities: output tax determination, ITC eligibility, blocked credits, RCM applicability, and reconciliation of GSTR-2B vs. books.
• Liaise with the Tax Head (HF) for Income Tax return inputs, tax audit schedules, and transfer pricing documentation where applicable.
• Support compliance with applicable sectoral regulations.

5. Treasury & Asset Class Accounting

• Book and reconcile daily treasury trades across applicable asset classes — listed bonds, equity, F&O, commodities, AIFs, unlisted securities, structured products.
• Apply correct Ind AS 109 classification (FVTPL / FVOCI / Amortised Cost) at instrument level; maintain documentation of business model assessment and SPPI test outcomes.
• Reconcile MTM valuations against FIMMDA / FBIL / CRISIL prices; maintain a valuation methodology note approved by the CFO and Statutory Auditor.
• Produce a daily treasury P&L and position report for the CFO / Treasury Head; flag breaks, limit breaches, or valuation anomalies same‑day.

6. Process Improvement & Automation

• Identify and eliminate manual, repetitive tasks in the close and reporting cycle — build Excel automation (macros, Power Query) or work with the AI Lead to deploy agent‑based solutions.
• Actively participate in Oracle Fusion enhancement initiatives; raise system gaps via the Financial Controller and own UAT for changes affecting assigned entities.
• Document all key processes in standard SOPs; ensure SOPs are version‑controlled and handed over as part of onboarding / succession.

What We Are Looking For

• Chartered Accountant — first attempt strongly preferred.
• Minimum 2 years post‑qualification experience in BFSI sector, preferably in multi business, multi entity set up with exposure in Prop Trading, Asset Management, Wealth Management, NBFC, broking, treasury, or Big 4 FS practice.
• Hands‑on experience in preparation of Ind AS financial statements and independent management of statutory audit — not just support / assistance.
• Solid working knowledge of Ind AS standards relevant to the vertical (Ind AS 109 / 113 / 107 / 32 for markets role and other relevant Ind AS across all roles).
• Strong command of direct and indirect tax compliance — TDS, advance tax, GST, deferred tax.
• Advanced Excel: macros (VBA), Power Query, array / dynamic formulae, pivot‑based MIS models.

Strongly preferred

• Exposure to Oracle Fusion or a comparable ERP (SAP / Tally Enterprise) in a multi‑entity environment.
• Working knowledge of IFC frameworks under Companies Act 2013 / ICAI guidance.
• Familiarity with SEBI AIF / NBFC-ML / IRDAI regulations as applicable to the vertical.
• Experience handling Big 4 statutory auditors independently.
• High ownership — treats the books as their own; does not wait to be asked.
• Process‑first mindset — documents before doing; builds for scale, not just for today.
• Automation appetite — curious about digital tools; willing to invest time learning new platforms.
• Precision under pressure — delivers accurate numbers on time even during peak close / audit cycles.
• Straight communicator — surfaces bad news early, escalates the right things, comfortable saying no when a transaction is non‑compliant.

Why This Role

• Exposure to a regulated, multi‑entity financial services group spanning — breadth that is rare at this level.
• Direct line of sight to Group CFO.
• Active build‑out of AI and automation capability within Finance — early movers will shape how the function operates.