Manager- Corporate Finance

Varun Beverages Limited; Gurugram District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Varun Beverages Limited in India seeks a finance professional to oversee closing, consolidation, and reporting. You will ensure timely financial statement closure per policies and IND-AS, prepare standalone and consolidated statements, and support internal controls.

You will analyze monthly P&L and balance sheets with leadership, manage audits, improve processes, maintain SOPs, and present insights to stakeholders.

Responsibilities

• Financial Statement Closure: Ensure accurate and timely closure of all financial statements in accordance with the Company’s accounting policies, relevant accounting standards, and regulations.
• Preparation of standalone and consolidated financial statements as per schedule III.
• Internal Controls: Support leadership in determining key controls and building an effective internal controls environment.
• Ensure Standard Operating Procedures (SOPs) and work documentation are maintained for all processes and work areas.
• Audit Management: Handle audit queries efficiently and ensure timely audit finalization.
• Collaborate with auditors and manage the audit process to meet deadlines and compliance requirements.
• Consolidation & Reporting: Manage the areas of consolidation and reporting, including monthly, quarterly, and annual closing under IND-AS.
• Timely submission of reporting packages to the regional consolidation team.
• Analyse and review monthly legal and management Profit & Loss statements and balance sheets in collaboration with leadership.
• Process Improvement: Continuously seek opportunities for process improvements to enhance the efficiency and effectiveness of financial reporting and consolidation activities.
• Maintain the hygiene of books and analyse GAAP differences.
• Financial Analysis: Perform detailed analysis and review of monthly financial results, ensuring accurate and insightful reporting to leadership.
• Support in the preparation and presentation of financial reports to stakeholders.

Job description

• Financial Statement Closure: Ensure accurate and timely closure of all financial statements in accordance with the Company’s accounting policies, relevant accounting standards, and regulations.
• Preparation of standalone and consolidated financial statements as per schedule III.
• Internal Controls: Support leadership in determining key controls and building an effective internal controls environment.
• Ensure Standard Operating Procedures (SOPs) and work documentation are maintained for all processes and work areas.
• Audit Management: Handle audit queries efficiently and ensure timely audit finalization.
• Collaborate with auditors and manage the audit process to meet deadlines and compliance requirements.
• Consolidation & Reporting: Manage the areas of consolidation and reporting, including monthly, quarterly, and annual closing under IND-AS.
• Timely submission of reporting packages to the regional consolidation team.
• Analyse and review monthly legal and management Profit & Loss statements and balance sheets in collaboration with leadership.
• Process Improvement: Continuously seek opportunities for process improvements to enhance the efficiency and effectiveness of financial reporting and consolidation activities.
• Maintain the hygiene of books and analyse GAAP differences.
• Financial Analysis: Perform detailed analysis and review of monthly financial results, ensuring accurate and insightful reporting to leadership.
• Support in the preparation and presentation of financial reports to stakeholders.