Manager – Financial Reporting – CA Insight Advisors

The Corporate Institute; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

The Corporate Institute in Mumbai, Maharashtra is seeking a Financial Reporting Manager to lead close processes and deliver compliant financial statements under Indian Accounting Standards (Ind AS) and IFRS. The role requires a Chartered Accountant with strong analytical and communication skills and experience with SAP.

You will mentor a team, drive process improvements, and coordinate audits with both internal and external teams to ensure timely, accurate reporting and regulatory compliance.

Qualifications

• Qualified Chartered Accountant with expertise in Ind AS/IFRS.
• Strong analytical and communication skills essential for insights and reporting.
• Working knowledge of SAP and advanced MS Excel to support financial processes.

Responsibilities

• Manage month-end and year-end close processes with accurate journaling and reconciliations.
• Provide insightful financial analysis and reports to senior management for strategic decisions.
• Lead preparation of Income Statement, Balance Sheet and Cash Flow in line with Ind AS and IFRS.
• Review balance sheet and maintain general ledger hygiene and presentation for leadership.
• Identify process improvements to enhance efficiency and accuracy of reporting; drive transformation initiatives.
• Mentor team members and develop technical expertise for high-quality reporting.
• Ensure compliance with J-SOX and internal controls over financial reporting.
• Coordinate with internal and external auditors for timely audits.
• Stay updated on regulatory changes impacting financial reporting and compliance.

Skills

IND AS / IFRS

Analytical skills

Communication skills

SAP

MS Excel (Advanced)

Education

CA (Chartered Accountant)

Tools

SAP

Job description

Job Role: Financial Reporting Manager

Departments: Finance & Accounts

Reports To: Chief Manager – Finance and Accounts

Duties & Responsibilities:

• Manage the month-end and year-end close processes including ensuring accuracy and reviewing journal entries and reconciliations.
• Provide insightful financial analysis and reports, including working with respective departments to understand reasons behind discrepancies, to senior management for aiding strategic decision-making.
• Lead the timely preparation and accuracy of financial statements (Income statement, Balance sheet and Cash flow statement) in accordance with Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS).
• Lead in-depth review of balance sheet and maintain GL hygiene and presentation to finance leadership.
• Identify opportunities for process improvement improving efficiency and accuracy of financial reporting tasks and lead transformation initiatives.
• Mentor team members (reportees) and foster their professional growth and technical expertise, and ensure they are equipped with the necessary skills to enhance their performance and efficiency.
• Ensure compliance and completion of documentation with J-SOX and Internal Control over financial reporting.
• Work closely with internal and external auditors to facilitate smooth and timely completion of audit.
• Stay informed about industry trends, regulatory updates (including Ind AS, Income Tax and Companies Act), and their impact on information requirements from business teams as well as tax & statutory compliance requirements.
• Monitor best practices in financial reporting, and proactively share relevant insights with the team to enhance reporting and compliance quality.

Key Result Areas:

• Presentation of financial results and in-depth analysis including variance analysis to finance leadership regularly on monthly basis.
• Ensuring timely and accurate preparation of financial statements and sharing them with the relevant stakeholder.
• Presentation of balance sheet review to finance leadership regularly on monthly basis.
• Mentoring team members and ensuring they are equipped with the skills necessary for high-quality reporting.
• Ensuring compliance and completion of documentation with J-SOX and Internal Control over financial reporting regularly.
• Facilitation of smooth and timely completion of group, statutory and internal audits.

Educational Qualification: Qualified Chartered Accountant.

Skills & Knowledge:

• Good knowledge of IND AS / IFRS accounting standards.
• Good analytical skills.
• Strong communication skills.
• Working knowledge of SAP.
• Advance MS Excel.