Key Responsibilities:
1. Lead the transition from IGAAP to Ind AS for the group. Identify key impact areas and prepare
accounting memos for the accounting treatment of such items under Ind AS.
2. Assist in reviewing and amending/re-drafting the groups accounting policies which are compliant to
the Ind AS requirements.
3. Develop templates for calculating EIR on borrowings, split accounting for compound financial
statements, leases, security deposits etc. as required.
4. Preparation of standalone financial statements under IGAAP/Ind AS along with Notes to accounts and
proper disclosures for group entities.
5. Assist in consolidation of Group Financial statement as per Ind AS.
6. Perform intercompany reconciliations, prepare elimination entries for consolidation and compile
Related Party Transactions Note for incorporation in financial statements.
7. Keeping a tab on revenue recognition from customer contracts in compliance in compliance to Ind AS
115.
8. Responsible for timely closure of group statutory audits, liaise with stat auditors for closure of audit
observations and arrange sign-off.
9. Help in establishing internal controls around business processes and ensuring compliance to internal
controls around financial reporting (ICFR).
10. Responsible for monthly and closing activities as per agreed timelines. Ensuring adherence to cut-off
procedures, performing trend analysis for expenses and explain variances.