AGM - Financial Reporting

Role

Financial Reporting

Job Level/ Designation

M2/AGM

Function / Department

Finance / Financial Reporting

Location

Mumbai

Job Purpose

Finalization of Financial Statements of Vodafone Idea Limited and its subsidiaries.

Key Result Areas/Accountabilities

• Analyze the standards, transactions and providing inputs for finalizing the necessary accounting guidelines


• Review of reconciliation of Profit /Net Assets, for Ind AS and IFRS.


• Ensure Vodafone Idea limited and its subsidiaries monthly, quarterly financial statements are prepared as per IND Generally Accepted Accounting Principles (IND AS).


• Ensure Quarterly financial results of Vodafone Idea Limited (Standalone and Consolidated) are in compliance of Generally Accepted Accounting Principles (IND AS) and Listing agreements


• Preparation of detailed business reasons for movement for each item  of Profit and Loss account along with KPI's


• Preparation of Cash Flow statement on quarterly basis


• Prepare the required information to be provided to group companies.


• Collating inputs from SSC / Corporate / Circles with respect to finalisation  of the company’s  Consolidated  financial statements


• Monitor and maintain the Hyperion consolidation tool along with issues & enhancement.


• Ensure standardization of accounting policies and practices across all the circles and business units. 


• Review of Chart of accounts and take appropriate action for any disconnects


• Regular analysis of the changes in the reporting requirements, assess the changes impacting the company, its subsidiaries  and its joint ventures / associates, appraise Top Management and implement changes in consultation with the Top Management. 


• Provide support and information for various other departments like regulatory, DoT, CAG and Tax Audits


• Liaison with the statutory auditors to ensure smooth quarterly and annual audit of books.


• Provide inputs and actively involved in ERP integration


• Comparison of accounting polices / disclosures with peers in the Industry

Core Competencies, Knowledge, Experience

• In-depth knowledge of Consolidation and Reporting.


• Knowledge of compliance requirements for listing agreements


• Technical knowledge of Ind AS and International Financial Reporting Standard.


• Knowledge of Companies act


• Good working knowledge of, SAP, Hyperion.


• Proficient in MS Office (Excel, Word, PowerPoint)

Must have technical / professional qualifications

Chartered Accountant with having relevant experience of preparation of financials statements & having good knowledge of Excel.    

Years of Experience

Minimum Experience of 5 to 7 years in Financial Reporting

Direct reports

None