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Truemeds
mumbai
Role: Compliance Head Location: Powai, Mumbai (https://goo.gl/maps/qnuQ889vpSUbgZn88) Kindly note that this will be a Work form Office Opportunity Working Days: 5 days (Monday to Friday) Job Description: As the Compliance Head, you will play a crucial role in maintaining and enhancing our company's commitment to compliance across various domai
Job Source: TruemedsTruemeds
Mumbai, Maharashtra, India
Role: Compliance Head Location: Powai, Mumbai (https://goo.gl/maps/qnuQ889vpSUbgZn88) Kindly note that this will be a Work form Office Opportunity Working Days: 5 days (Monday to Friday) Job Description: As the Compliance Head, you will play a crucial role in maintaining and enhancing our company's commitment to compliance across various domai
Job Source: TruemedsUNISON INTERNATIONAL CONSULTING (The Recruitment Company)
Mumbai, Maharashtra, India
# Urgent hiring Job Title: Group Consolidation & Compliance Head Job Description: We are seeking a Consolidation & Compliance Head to join our finance team. The purpose of the Head of Group Consolidation & Compliance head is to ensure the accurate consolidation and reporting of financial data (of 39 subsidiaries, Joint ventures and Associates inc
Job Source: UNISON INTERNATIONAL CONSULTING (The Recruitment Company)UNISON INTERNATIONAL CONSULTING (The Recruitment Company)
mumbai
# Urgent hiring Job Title: Group Consolidation & Compliance Head Job Description: We are seeking a Consolidation & Compliance Head to join our finance team. The purpose of the Head of Group Consolidation & Compliance head is to ensure the accurate consolidation and reporting of financial data (of 39 subsidiaries, Joint ventures and Associates inc
Job Source: UNISON INTERNATIONAL CONSULTING (The Recruitment Company)VFS Global
Mumbai, Maharashtra, India
Designation: Deputy Manager Role: Sr. Executive Compliance (Anti-Bribery & Corruption and Due Diligence) Promote an organizational culture that values integrity and compliance. a repository of lessons learned relating to compliance. and implement actions for mitigation/resolution of problematic issues and provide general guidance on how to avoi
Job Source: VFS GlobalExperian India
Mumbai, Maharashtra, India
The incumbent’s responsibilities include managing day to day Compliance related activities such as Compliance Testing, open issue management, preparing deliverables for governance meetings and regulators etc. You’ll have a strong desire to co-ordinate and partner with the Business and help to drive a focus on compliance. What you’ll need to bring
Job Source: Experian IndiaExperian India
mumbai
The incumbent’s responsibilities include managing day to day Compliance related activities such as Compliance Testing, open issue management, preparing deliverables for governance meetings and regulators etc. You’ll have a strong desire to co-ordinate and partner with the Business and help to drive a focus on compliance. What you’ll need to bring
Job Source: Experian IndiaVISTRA
Mumbai, Maharashtra, India
It’s never been a more exciting time to join Vistra. At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction. But progre
Job Source: VISTRAmumbai
# Urgent hiring
Job Title: Group Consolidation & Compliance Head
Job Description: We are seeking a Consolidation & Compliance Head to join our finance team.
The purpose of the Head of Group Consolidation & Compliance head is to ensure the accurate consolidation and reporting of financial data (of 39 subsidiaries, Joint ventures and Associates including international subsidiaries), foster transparency, trust and credibility in the financial reporting process. In addition, the role will be responsible for managing the business facing aspects of direct tax and indirect tax matters of the Group duly supported by a central shared services organisation. Key responsibilities of the role include analyzing performance of each legal entity, reviewing their financial position, driving corrective actions, and leading enhancement in overall reporting quality and uniformity, ensuring timely information for tax assessments, structuring business transaction in tax effective manner. Building strong relationships with auditors and finance teams promotes transparency. Overall, the role facilitates informed decision-making, fosters financial stability, and ensures compliance within the group.
Management of Consolidation Process:
Overseeing the consolidation of financial statements from all subsidiaries and business units.
Coordinating and managing the month-end, quarter-end, and year-end closing processes for consolidation.
Ensuring timely and accurate completion of the consolidation process according to accounting standards (Ind AS, IFRS, etc.) and internal policies.
Financial Reporting:
Preparing consolidated financial statements, including balance sheets, income statements, and cash flow statements.
Reviewing and analyzing consolidated financial data to identify trends and potential issues.
Preparing reports and presentations for senior management and the board of directors.
Ensuring compliance with regulatory reporting requirements.
Account Reconciliation and Account Management:
Overseeing the reconciliation of intercompany transactions between subsidiaries.
Managing the consolidation of the general ledger and other financial accounts.
Reviewing and investigating discrepancies in financial data.
Systems and Controls:
Implementing and maintaining effective internal controls for the consolidation process.
Staying up-to-date on accounting pronouncements and ensuring their proper application within the consolidation process.
Overseeing the consolidation software system and ensuring its smooth operation.
Direct & Indirect tax management
The Direct and Indirect tax filings including transfer pricing and assessments are handled by Central Shared Services organisation and are not a direct responsibility of this role
The candidate is expected to partner with Central shared services organisation for ensuring policy compliance by the business, providing necessary information for various tax filings and appeals
Closely working with business teams on GST compliance, guiding them on GST matters, reviewing contracts and processes to ensure they are GST compliant
Team Leadership:
Leading and mentoring a team of 10-12.
Assigning tasks, providing training, and ensuring team members have the skills and knowledge to perform their jobs effectively.
Other Responsibilities:
Working with external auditors during the audit process.
Providing technical accounting support to other departments within the company.
Participating in projects related to financial reporting or accounting system improvements.
Integration of acquired businesses into RBL processes and ERPs
Direct and Indirect tax coordination with the central shared services organisation
Participate in M&A and other special projects and initiatives as assigned by management
Qualifications for Consolidation Head:
CA with 12-15 years of experience in financial consolidation role of which 5 years must be in audit department of a Big 4
Strong understanding of Ind AS, IFRS, or other relevant accounting standards
Experience of working on SAP
Excellent analytical and problem-solving skills
Budget : 80 LPA upto
Contact : Akshay :
6395761387 WhatsApp
Regards
Akshay
Head of Compliance jobs in mumbai
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