Manager- Finance (Consolidation)

Ascendion Engineering; Vadodara; On-site; INR 3,000,000 - 5,000,000; Full time

Job summary

Ascendion Engineering is seeking a hands-on Group Consolidation Manager to own the monthly US GAAP consolidated financial statements for a multinational group across regions. You will lead the consolidation cycle end-to-end, manage intercompany eliminations and currency translation, and support acquisitions.

The role requires strong technical accounting, Excel expertise and experience with ERP systems such as NetSuite, SAP or Oracle. Independent, detail-driven and able to work across time zones.

Qualifications

• CA/CPA or equivalent; US GAAP knowledge preferred.
• Hands-on experience with multi-entity, multi-currency consolidation (US GAAP/IFRS).

Responsibilities

• Monthly consolidation and reporting under US GAAP for 20+ entities across regions.
• Own the consolidation calendar, close timetable and reporting packs.
• Perform intercompany eliminations and FX translation across currencies.
• Support acquisition accounting and integration into the group calendar and policies.
• Coordinate with external auditors and drive timely evidence collection.

Skills

US GAAP

Excel

Consolidation

Education

CA/CPA or equivalent

Tools

NetSuite

SAP

Oracle

Job description

Role Summary

We are looking for a hands‑on Group Consolidation Manager to own the preparation of monthly Consolidated Financial Statements (CFS) under US GAAP for a privately held multinational group of 20+ entities across the US, North America, LATAM, Europe and APAC (revenue approx. USD 700 Mn). This is an individual contributor role reporting to the Finance (Consolidation & Tax Head). You will run the consolidation cycle end to end, support acquisition accounting, and help the group move from an Excel‑based process to a dedicated consolidation tool.

Key Responsibilities

Monthly consolidation and reporting

• Prepare monthly consolidated financial statements (P&L, balance sheet, cash flow, equity roll‑forward) under US GAAP, and quarterly and annual packages for lenders, the Board and auditors.
• Own the consolidation calendar, close timetable and reporting‑pack requirements for all entities.
• Perform intercompany eliminations and investment eliminations; reconcile intercompany balances and transactions.
• Handle foreign currency remeasurement and translation (ASC 830), including CTA and FX reserves, across multiple functional currencies.
• Account for goodwill, non‑controlling interests and equity‑method investments; prepare the consolidated cash flow statement, disclosures and notes.

M&A and technical accounting

• Support acquisition accounting (ASC 805): opening balance sheets, PPA inputs with external valuation advisors, and measurement‑period adjustments.
• Integrate acquired entities into the group reporting calendar, chart‑of‑accounts mapping and group accounting policies.
• Assess accounting treatment for non‑routine transactions (ASC 810, 842, 326, 350, 740 inputs, etc.) and document positions in technical memos.
• Maintain group accounting policies and the entity‑to‑group chart‑of‑accounts mapping.

Review, controls and audit

• Review entity‑level trial balances and reporting packs; challenge variances and drive resolution with controllership teams.
• Maintain consolidation workpapers, reconciliations and review evidence in line with ICFR‑aligned internal controls.
• Coordinate with external auditors on periodic reviews, year‑end audits and PBC requests.

Analysis and stakeholder management

• Prepare variance analysis and commentary for Management.
• Provide consolidated data to FP&A, Treasury and Tax (e.g., lender covenant reporting, tax provision inputs).
• Work with Controllership team across time zones.

Systems and process improvement

• Operate hands‑on in the current Excel‑based consolidation process and the group ERP - NetSuite.
• Drive automation, standardisation and close‑cycle improvements (faster close, fewer manual adjustments).
• Participate in the selection, design and implementation of a consolidation tool), including requirements, mappings, rules, data loads and testing alongside an implementation partner.

Requirements

Qualifications

• Chartered Accountant (ICAI) or equivalent (CPA / ACCA). US GAAP / CPA preferred.

Experience

• 58 years of experience, with at least 3 years in multi‑entity, multi‑currency US GAAP / IFRS consolidation.
• Hands‑on experience preparing consolidated financial statements, including intercompany eliminations, FX translation and cash flow.
• Exposure to acquisition accounting and onboarding of acquired entities.
• Big 4 or audit background preferred.

Skills

• Strong working knowledge of US GAAP, especially ASC 810, 805, 830, 842 and 230.
• Advanced Excel (lookups, pivots, reconciliations, large data sets); working knowledge of an ERP (SAP / Oracle / NetSuite / other).
• Strong analytical ability, attention to detail and the ability to work to tight monthly deadlines.
• Clear written and verbal communication, with the ability to challenge and influence across time zones and cultures.
• Self‑starter who is comfortable doing the work personally, not only reviewing it.

Good to Have

• Experience implementing or migrating to a consolidation tool.
• Experience in private equity‑backed or lender‑reported environments.

What Success Looks Like

• Monthly CFS delivered within the agreed close timeline
• Minimal post‑close adjustments and clean quarterly and annual audit outcomes.
• Intercompany differences resolved within the cycle.
• Acquired entities onboarded into group reporting within one to two close cycles.
• Consolidation tool selected and implemented within 6–9 months, with a documented, repeatable close process.