Senior Manager - Financial Reporting & Consolidation

IIFL Home Finance Ltd.; Mumbai; On-site; INR 3,000,000 - 4,000,000; Full time

Job summary

IIFL Home Finance Ltd. in Mumbai seeks a Senior Manager - Financial Reporting & Consolidation to oversee monthly, quarterly, and annual closure, prepare standalone and consolidated financial statements, and ensure compliance with Ind AS, Companies Act, RBI/NHB regulations.

The role collaborates with treasury, taxation, compliance and audit teams, coordinates with statutory auditors, drives automation, and supports budgeting and planning with robust reporting.

Qualifications

• Chartered Accountant (CA) preferred.
• 7-8 years of overall experience in finance and accounting.
• Minimum 3-4 years in NBFC, HFC, Banking, or Financial Services.
• Strong knowledge of Ind AS, financial reporting, consolidation and audit processes.
• Experience in handling statutory audits and regulatory reporting.

Responsibilities

• Manage monthly, quarterly, and annual close activities.
• Prepare and review standalone and consolidated financial statements.
• Ensure compliance with Ind AS, Companies Act, NHB/RBI regulations and internal policies.
• Coordinate with Statutory Auditors, Internal Auditors, and regulatory bodies.
• Prepare board, audit committee, and management reporting packs.
• Drive financial reporting automation and process improvements.
• Review general ledger reconciliations and ensure data accuracy.
• Support treasury, taxation, budgeting, and planning teams with reporting needs.
• Monitor changes in accounting standards and regulatory guidelines and implement updates.
• Ensure timely submission of regulatory and statutory reports.

Skills

Financial reporting

Consolidation

Audit coordination

Ind AS

Regulatory compliance

Stakeholder management

Analytical skills

Communication skills

Education

CA

Job description

Job Role: Senior Manager - Financial Reporting & Consolidation

Location: Mumbai

Reporting to: Financial Controller

Role Purpose

The Senior Manager Financial Reporting & Consolidation will be responsible for overseeing financial reporting, consolidation of financial statements, regulatory reporting, audit coordination, and ensuring compliance with applicable accounting standards and regulatory requirements. The role requires close collaboration with business, treasury, taxation, compliance, and audit teams.

Key Responsibilities

• Manage monthly, quarterly, and annual financial closure activities.
• Prepare and review standalone and consolidated financial statements.
• Ensure compliance with Ind AS, Companies Act, NHB/RBI regulations, and internal accounting policies.
• Coordinate with Statutory Auditors, Internal Auditors, and regulatory bodies.
• Prepare board, audit committee, and management reporting packs.
• Drive financial reporting automation and process improvements.
• Review general ledger reconciliations and ensure accuracy of financial data.
• Support treasury, taxation, budgeting, and financial planning teams with reporting requirements.
• Monitor changes in accounting standards and regulatory guidelines and implement necessary updates.
• Ensure timely submission of regulatory and statutory reports.

Candidate Profile

• Chartered Accountant (CA) preferred.
• 7-8 years of overall experience in finance and accounting functions.
• Minimum 3-4 years of experience in NBFC, HFC, Banking, or Financial Services sector.
• Strong knowledge of Ind AS, financial reporting, consolidation, and audit processes.
• Experience in handling statutory audits and regulatory reporting.
• Excellent analytical, stakeholder management, and communication skills.

Preferred Experience

• Experience in Housing Finance Companies (HFCs) or NBFCs.
• Exposure to consolidated financial statements and group reporting.
• Experience working closely with external auditors and regulatory agencies.

Key Competencies

• Financial Reporting & Consolidation
• Ind AS & Regulatory Compliance
• Statutory Audit Management
• Financial Analysis
• Stakeholder Management
• Attention to Detail
• Process Improvement & Automation

Experience: 5-9 Years

Qualification: CA