Manager – Financial Reporting – Renewable Energy Business – CA

Rainbow HR Consulting Services; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

A large renewable energy company in Mumbai is looking for a Manager Financial Reporting. The role involves managing the consolidation of financial data, preparing financial statements, and ensuring compliance with regulatory requirements. Candidates should be CA-qualified with 6-8 years of experience, preferably in the renewable energy sector, and possess strong analytical and communication skills.

Qualifications

• 6-8 years of experience in financial reporting, preferably in the renewable energy sector.
• Experience with IFRS or GAAP is essential.

Responsibilities

• Prepare and analyze financial statements and ensure compliance with accounting standards.
• Manage consolidation of financial data and ensure data accuracy.
• Lead external audits and address findings accordingly.
• Conduct in-depth financial analysis for management's decision-making.
• Ensure compliance with applicable financial regulations.
• Assist in financial forecasting and budgeting.

Skills

Strong analytical skills

Good presentation and communication skills

Education

CA

Job description

Overview

One of the Large Renewable Energy Businesses is looking to hire a Manager Financial Reporting. This position is responsible for managing the consolidation of financial data from various entities within the organization, preparing financial statements, and ensuring compliance with regulatory requirements.

Location – Mumbai

Responsibilities

• Financial Reporting: Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements; ensure financial reports are accurate, timely, and compliant with relevant accounting standards (IFRS or GAAP); present financial reports to senior management, stakeholders, and regulatory authorities.
• Financial Statements consolidation: Manage the consolidation of financial data from various business units, subsidiaries, and joint ventures; implement and maintain consolidation systems and processes to ensure data accuracy and consistency; reconcile intercompany transactions and eliminate discrepancies; analyze financial data to identify trends, variances, and KPIs; provide insights to management for strategic decision-making.
• Audit Coordination: Lead, support and manage external audits conducted by independent auditors; ensure proper documentation, address audit findings, and prepare plans to mitigate risks identified and implement corrective actions to strengthen financial controls and reporting.
• Financial Analysis: Conduct in-depth financial analysis to identify trends, variances, and areas for improvement; provide insights and recommendations to senior management for strategic decision-making.
• Regulatory Compliance: Ensure compliance with all applicable financial regulations and reporting requirements in the renewable energy industry; coordinate with external auditors to facilitate the annual audit process.
• Forecasting and Budgeting: Assist in the development of financial forecasts, annual budgets, and long-term financial plans; collaborate with department heads to gather input and provide guidance on budget adherence.

Qualifications

• CA with 6-8 years of experience
• Renewable Energy experience preferred
• Strong analytical skills
• Experience with IFRS or GAAP
• Good presentation and communication skills