Team member Consolidation

Drive and ensure compliance with accounting and reporting requirements in relation to Indian Accounting Standards as required under Companies Act and SEBI regulations for Cipla India.

• Responsible for overall compilation, review and audit of standalone (Cipla India) financial statements.
• To assist monthly and periodical closing of accounts, release closing calendar, monitor closing activities, review sub-functions accounting processes and closure controls.
• Coordinate for execution of Controller forum and track actionable items.
• Coordinate with SAP team on SAP FI related aspects.
• Responsible for FSCP control compliance, internal audit compliance and also coordinate for statutory Audit process.
• Identify and lead the automation initiatives w.r.t balance sheet analytics
• Review and monitor Related party transactions system. Ensure that all approvals are loaded into the system to track the utilization of all thresholds and no transaction is entered without any approval

Key Accountabilities :

1.Ensure standardization of closing calendar and design templates and drive evaluation of financials for BSR review to ensure accurate trial balance

2. Prepare monthly and quarterly standalone financials in the relevant reporting format as per Statutory Standards for review and presentation to Management

3. Liaise and resolve audit queries to achieve full compliance and nil re-raised queries and ensure proof reading annual report prepared annually to achieve error free reporting.

4. Drive automation of various reports and activities to bring in system & MIS improvements

5. Mentor accountants to resolve accounting queries and also guide them to achieve standard practices and processes

6. Completion of statutory Audit / quarterly review without any qualification for statutory compliance and IFC compliances for FSCP

7. Partner with Corporate Functions

8. Facilitate Controller forum to improve the hygiene of the financial statements

9. RPT Disclosure

Skills Required

Companies Act, sebi regulations , Accounting, Financial Statements