Specialist-Entity Reporting & Audit

Form

Job Role : Specialist- Entity Reporting and Audit

Departments: Finance & Accounts

Job Code

Location: Mumbai

Reports To: Associate Director - Finance and Accounts

Key Stakeholders (Option depending upon the role): Frequency (Occasional/Frequent/Continuous) Associate Director – Finance & Accounts, ATC AP Finance Controllers (Frequent)

1: Job Purpose Statement (Summarize in one/two statements why this job exists, and the contribution makes to the overall business of the company).

The role is to lead the reporting function of ATC Tires AP Private Limited (ATC AP).The purpose of the role is to provide critical insights on the performance of ATC AP to the finance leadership team, manage the financial reporting processes, maintain strong relationships with various auditors and, identify and lead identify process transformation initiatives.

2: Organizational Relationship (Provide an organizational chart which illustrates the role structure above and below and parallel to this position).

3: Duties & Responsibilities (List in the order of importance the duties & responsibilities of this job)

Decision Making Authority (This will be for every job allocated to the individual)

Refer to the Decision making box for detail information

• Manage the month-end and year-end close processes including ensuring accuracy and reviewing journal entries and reconciliations
• Provide insightful financial analysis and reports, including working with respective departments to understand reasons behind discrepancies, to senior management for aiding strategic decision-making
• Lead the timely preparation and accuracy of financial statements (Income statement, Balance sheet and Cash flow statement) in accordance with Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS)
• Lead in-depth review of balance sheet and maintain GL hygiene and presentation to finance leadership
• Identify opportunities for process improvement improving efficiency and accuracy of financial reporting tasks and lead transformation initiatives
• Mentor team members (reportees) and foster their professional growth and technical expertise, and ensure they are equipped with the necessary skills to enhance their performance and efficiency
• Ensure compliance and completion of documentation with J-SOX and Internal Control over financial reporting.
• Work closely with internal and external auditors to facilitate smooth and timely completion of audit.
• Stay informed about industry trends, regulatory updates (including Ind AS, Income Tax and Companies Act), and their impact on information requirements from business teams as well as tax & statutory compliance requirements)
• Monitor best practices in financial reporting, and proactively share relevant insights with the team to enhance reporting and compliance quality

Schedule A

4: Key Result Areas (List the key deliverables that quantify successful performance in the role).

• Presentation of financial results and in-depth analysis including variance analysis to finance leadership regularly on monthly basis.
• Ensuring timely and accurate preparation of financial statements and sharing them with the relevant stakeholder
• Presentation of balance sheet review to finance leadership regularly on monthly basis.
• Mentoring team members and ensuring they are equipped with the skills necessary for high-quality reporting
• Ensuring compliance and completion of documentation with J-SOX and Internal Control over financial reporting regularly
• Facilitation of smooth and timely completion of group, statutory and internal audits

Schedule A : Execution

Schedule B: Follow SOP/policy for decision to be made. (Moderate to Complex decision making)

Schedule C: Decide within approval limits) Complex/tactical/strategic decision making impacting the outcome

• Can be merged with duties & Responsibility

• Qualified Chartered Accountant

Skills & Knowledge

Competencies

Behavioral

• Good knowledge of IND AS / IFRS accounting standards
• Good analytical skills
• Strong communication skills
• Working knowledge of SAP
• Advance MS Excel

Functional

• 5+ years
• SAP
• MS Office