Assistant Manager - Financial Reporting

Job Description

Role & responsibilities

Financial Reporting:

Financial Statements Preparation: Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with INDAS / IGAAP
Month-End Close: Manage the month-end close process, ensuring all financial transactions are recorded accurately and timely.
MIS Preparation of MIS and analysis of actual performance with budget
Regulatory Compliance: Ensure compliance with local, state, and federal reporting requirements, including tax filings and statutory audits.
Financial Analysis: Conduct variance analysis to compare actual results with budgeted figures, identifying trends and providing insights for management decisions.
Consolidation: Consolidation of financial statements for multiple entities within Invit

Internal Controls:

Policies and Procedures: Develop, implement, and maintain accounting policies and procedures to ensure the integrity of financial data.
Audit Support: Coordinate with internal and external auditors, providing necessary documentation and explanations during audit processes.
Reconciliations: Perform regular reconciliations of general ledger accounts to ensure accuracy and completeness.

Budgeting and Forecasting:

Budget Preparation: Assist in the preparation of annual budgets, working closely with various departments to gather necessary information.
Forecasting: Prepare financial forecasts based on historical data, current trends, and future projections.

Preferred candidate profile

Education: Chartered Accountant (Freshers)
Experience: 0-1 years of experience in financial reporting roles, preferably within the road sector or infrastructure industry.
Knowledge: Strong understanding of IND AS / IGAAP or concession agreements. Familiarity with the road sector is an advantage.