Manager - General Ledger

LOTS Wholesale Solutions; New Delhi; On-site; INR 900,000 - 1,500,000; Full time

Job summary

LOTS Wholesale Solutions in Delhi seeks a Chartered Accountant to lead monthly close, prepare store-wise P&L, and ensure timely financial reporting. You will coordinate with internal auditors, finalize quarterly statements per Ind AS, and drive detailed variance analyses across stores.

The role involves ensuring completeness across finance sub-functions and robust audit readiness. The ideal candidate will have CA qualification, strong analytical skills, and experience in statutory reporting and

Qualifications

• CA designation is mandatory.
• Strong understanding of cost center reporting and balance sheet analysis.
• Experience in IFRS/Ind AS preferred.

Responsibilities

• Review, analyze and finalization of monthly cost center wise PL and Balance Sheet Accounts within three days of month end.
• Coordinating with internal auditors, liaison with cross functions to finalize internal audit reports and finalize with seniors.
• Closure and reporting of quarterly financial statement as per group reporting standards.
• Preparation of Store wise - Profit and Loss accounts and comparison versus Budget.
• Detailed regression analysis for each line of profit & loss account on a store and total level.
• Preparation and circulation of reports to various stakeholders as per the agreed timelines.
• Ensuring completeness of activities done by the other finance sub functions from completeness point of view.
• Monthly/Quarterly variance analysis and reasoning to the stakeholders for better control.
• Preparation of Monthly Financials and analysis of Balance Sheet schedules.
• Preparation and finalization of Statutory Financial Statements as per IGAAP (Ind AS).
• Coordination with auditors for completion of audit.
• Schedule of all transactions with related parties and ensuring correctness of presentation to management and legal compliances.
• Maintenance of Lease Master Data, lease technical analysis and accounting as per IndAS116.
• Preparation/review statutory schedules related to Fixed Asset, Inventory Valuations, Export etc.
• Preparation of statutory schedules related to Bank Guarantees, disputed claims and capital commitment etc.
• Bank Reconciliation, fortnightly cash flows , loan and investment accounting.

Skills

Financial analysis

Month-end closing

Audit coordination

Education

Chartered Accountant (CA)

Job description

Candidate must be a CA

Job Responsibilities

• Review, analyze and finalization of monthly cost center wise PL and Balance Sheet Accounts within three days of month end
• Coordinating with internal auditors, liaison with cross functions to finalize internal audit reports and finalize with seniors
• Closure and reporting of quarterly financial statement as per group reporting standards
• Preparation of Store wise - Profit and Loss accounts and comparison versus Budget
• Detailed regression analysis (cause of change versus budget) for each line of profit & loss account (i.e. sales, allowances, cogs, distribution cost,) on a store and total level
• Preparation and circulation of reports to various stakeholders as per the agreed timelines
• Ensuring completeness of activities done by the other finance sub functions from completeness point of view
• Monthly/Quarterly variance analysis and reasoning to the stakeholders for better control
• Preparation of Monthly Financials and analysis of Balance Sheet schedules
• Preparation and finalization of Statutory Financial Statements as per IGAAP (Ind AS)
• Coordination with auditors for completion of audit
• Schedule of all transactions with related parties and ensuring correctness of presentation to management and legal compliances
• Maintenance of Lease Master Data, lease technical analysis and accounting as per IndAS116
• Preparation/ review statutory schedules related to Fixed Asset, Inventory Valuations, Export Etc.
• Preparation of statutory schedules related to Bank Guarantees, disputed claims and capital commitment etc.
• Bank Reconciliation, fortnightly cash flows , loan and investment accounting.