Senior Manager – Financial Reporting – CA Menschen Consulting

The Corporate Institute; India; On-site; INR 3,500,000 - 7,000,000; Full time

Job summary

The Corporate Institute is seeking a Senior Manager Financial Reporting to lead end-to-end financial reporting for the Chemical Business, ensuring Ind AS, Companies Act 2013 and SEBI LODR compliance. You will own monthly, quarterly and annual reporting, consolidation, audit co-ordination, and regulatory disclosures, engaging with senior management and the Board.

You will manage a team of about four, drive IFC/ICFR controls, and work closely with SAP S/4HANA, IT, and external auditors to deliver

Qualifications

• CA mandatory.
• 13–15 years of overall experience.
• Strong experience in Financial Reporting / Corporate Finance.
• Experience with a listed company is highly preferred.
• Strong hands-on experience in Ind AS and financial statement preparation.
• Experience in financial consolidation.
• Strong exposure to Statutory & Internal Audit.
• Experience with IFC/ICFR.
• Exposure to SAP S/4HANA / Fiori or equivalent ERP.
• Strong knowledge of Companies Act and SEBI LODR.

Responsibilities

• Prepare standalone and consolidated financial statements and notes.
• Handle Balance Sheet, P&L, Cash Flow Statement and Notes to Accounts.
• Ensure accuracy, completeness and timely closure of financial reporting.
• Manage standalone and consolidated financial reporting.
• Handle consolidation of subsidiaries, associates and joint ventures.
• Review inter-company eliminations and NCI.
• Maintain and review the General Ledger reconciliation and closure process.
• Act as the key coordinator for Statutory and Internal Audits.
• Coordinate with Statutory Auditors, Internal Auditors and Tax Consultants.
• Prepare audit schedules, supporting documentation and management responses.
• Ensure timely closure of audit observations and queries.
• Manage quarterly and year-end audit timelines.
• Maintain and strengthen the Internal Financial Controls (IFC/ICFR) framework.
• Coordinate control testing and remediation of identified gaps.
• Identify potential financial reporting risks and implement corrective controls.
• Ensure adequate documentation and compliance with control requirements.
• Lead the consolidation process for group entities.
• Review inter-company balances and transactions.
• Ensure appropriate accounting treatment for subsidiaries, associates and JVs.
• Prepare management and corporate reporting packs.
• Prepare financial presentations for Audit Committee, Board of Directors and Senior Management.
• Provide analytical insights into financial performance and key movements.
• Support management with financial reporting and accounting interpretations.
• Ensure ERP systems accurately reflect financial reporting requirements.
• Work closely with SAP S/4HANA / Fiori / IT teams.
• Improve automation and standardization of reporting processes.
• Identify opportunities to improve reporting accuracy, efficiency and timelines.

Skills

Financial reporting

Corporate finance

Consolidation

Audit coordination

IFC/ICFR

Ind AS

SEBI LODR

ERP SAP S/4HANA

Regulatory compliance

Team management

Education

CA

Tools

SAP S/4HANA

Job description

Role Purpose:

The Senior Manager Financial Reporting will be responsible for end-to-end financial reporting and preparation of financial statements for the Chemical Business, ensuring compliance with Ind AS, Companies Act 2013 and SEBI (LODR) Regulations.

The role will own the monthly, quarterly and annual financial reporting cycle, consolidation, audit coordination, internal financial controls and regulatory disclosures while ensuring accurate and timely reporting to senior management, the Audit Committee and Board.

Key Responsibilities:

1. Financial Reporting:

• Prepare and review monthly, quarterly and annual financial statements.
• Handle Balance Sheet, P&L, Cash Flow Statement and Notes to Accounts.
• Ensure accuracy, completeness and timely closure of financial reporting.
• Manage standalone and consolidated financial reporting.
• Handle consolidation of subsidiaries, associates and joint ventures.
• Review inter-company eliminations and Non-Controlling Interest (NCI).
• Maintain and review the General Ledger reconciliation and closure process.

2. Ind AS & Regulatory Compliance:

• Ensure financial reporting complies with Ind AS and Companies Act, 2013.
• Strong working knowledge of:
  • 1. Ind AS 115 Revenue Recognition
  • 2. Ind AS 116 Leases
  • 3. Ind AS 109 Financial Instruments
• Ensure compliance with Schedule III requirements.
• Ensure alignment with SEBI (LODR) Regulations and applicable disclosure requirements.
• Drive consistency and standardization in financial reporting and disclosures.

3. Audit & Assurance:

• Act as the key coordinator for Statutory and Internal Audits.
• Coordinate with Statutory Auditors, Internal Auditors and Tax Consultants.
• Prepare audit schedules, supporting documentation and management responses.
• Ensure timely closure of audit observations and queries.
• Manage quarterly and year-end audit timelines.

4. IFC / ICFR:

• Maintain and strengthen the Internal Financial Controls (IFC/ICFR) framework.
• Coordinate control testing and remediation of identified gaps.
• Identify potential financial reporting risks and implement corrective controls.
• Ensure adequate documentation and compliance with control requirements.

5. Consolidation & Corporate Reporting:

• Lead the consolidation process for group entities.
• Review inter-company balances and transactions.
• Ensure appropriate accounting treatment for subsidiaries, associates and JVs.
• Prepare management and corporate reporting packs.

6. MIS & Management Reporting:

• Prepare financial presentations for:
  • 1. Audit Committee
  • 2. Board of Directors
  • 3. Senior Management
• Provide analytical insights into financial performance and key movements.
• Support management with financial reporting and accounting interpretations.

7. ERP & Process Improvement:

• Ensure ERP systems accurately reflect financial reporting requirements.
• Work closely with SAP S/4HANA / Fiori / IT teams.
• Improve automation and standardization of reporting processes.
• Identify opportunities to improve reporting accuracy, efficiency and timelines.

8. Team & Stakeholder Management:

• Lead a team of approximately 4 members.
• Coordinate with:
  • Plant Finance
  • Commercial & Depot Teams
  • HR & Payroll
  • Internal Audit & Compliance
  • IT
  • Statutory Auditors
  • Banks & Financial Institutions
• Drive timely completion of reporting and audit deliverables.

Candidate Profile:

Must Have:

• CA Mandatory.
• 13 – 15 years of overall experience.
• Strong experience in Financial Reporting / Corporate Finance.
• Experience with a listed company is highly preferred.
• Strong hands‑on experience in Ind AS and financial statement preparation.
• Experience in financial consolidation.
• Strong exposure to Statutory & Internal Audit.
• Experience with IFC/ICFR.
• Exposure to SAP S/4HANA / Fiori or equivalent ERP.
• Strong knowledge of Companies Act and SEBI LODR.

Preferred:

• Prior experience with a Big 4 Audit/Assurance firm.
• Experience in a manufacturing/chemical organization.
• Additional qualification such as CS, CMA or MBA Finance.
• Experience presenting financial information to senior management / Audit Committee / Board.