Job Role: Head of Group Consolidation & Reporting
Reports To: Head – Finance and Accounts
Location: Mumbai
Key Stakeholders (Option depending upon the role):
Finance Heads of each entity, Finance Leadership, YRC Group Consolidation team, YOHT Group FP&A team, Statutory auditors, Internal auditors, etc. Frequency (Occasional/Frequent/Continuous): Continuous
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 purpose of the Head of Group Consolidation & Reporting role at YOHT Group is to ensure the accurate consolidation and reporting of financial data (of 6 subsidiaries spread across the globe with annual revenue of +$1Billion), foster transparency, trust and credibility in the financial reporting process.
Key responsibilities of the role include analyzing performance of each legal entity, reviewing their financial
position, driving corrective actions, and leading enhancement in overall YOHT KK reporting quality and
uniformity. Leading a Center of Excellence for IFRS standards, guiding entities in complex accounting
issues and statutory audits. 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.
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)
Head of Group Consolidation & Reporting
• Spearhead YOHT group's financial consolidation and reporting function with Revenue of +$1Billion.
• Review the financial performance of group entities by conducting comprehensive financial analysis, variance analysis, trend analysis, etc.
• Review the financial position of group entities, identify opportunities / risk and work closely with respective entities finance heads and group finance leadership team to drive corrective actions.
• Drive improvement in overall reporting quality, timeliness and uniform accounting across all YOHT entities through detailed review of entity level MIS, defining and monitoring effective implementation of monthly
closing process / closing checklist / group accounting policies / SOPs.
• Spearhead the end-to-end consolidation process, ensuring accuracy, integrity, and completeness of financial data across YOHT subsidiaries.
• Monitor changes in the group accounting policies and instructions, assessing their impact on financial reporting, and implementing necessary adjustments in the reporting and disclosures.
• Lead the Centre of Excellence for IFRS accounting standards, group audits, etc. and support entities in accounting advisory on complex accounting issues, resolution of complex group audit issues, etc.
• Cultivate strong relationships with Group auditors, YRC Consolidation team, YRC team deputed in India, Finance controllers of respective entities, etc. to promote transparency, trust, and credibility on the consolidation and reporting process.
• Support US and Europe entity on the wide range of reporting requirements.
Educational Qualification
• Chartered Accountant
Skills & Knowledge:
• Financial analysis
• Ind AS / IFRS reporting
• Advance MS Excel
Competencies Behavioral
• Good stakeholder management, interpersonal skills & Communication skills
• Good analytical skills
• Good people management skills
• Handling conflict management
• Leadership skills
Functional
• SAP
• Accounting and Reporting.
• MS Office
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