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Open nowPosted yesterday

General Manager - F&A

Essar88 open roles

Where
Mumbai, Maharashtra, India
Work mode
On site
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Your applicationOpen nowGeneral Manager - F&AEssar · Mumbai, Maharashtra, India

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The clock on this job

Early applications get read.

13.7% of postings close within 7 days. Measured by our own scanner across the market. Essar postings stay open a median of 3 days.

Share of postings closed within
  1. 2.3%1 day
  2. 4.8%3 days
  3. 13.7%7 days
  4. 22.1%14 days
  5. 37.6%30 days
  6. 59.1%60 days
This job: posted yesterday

Essar median: 3 days open

The posting

Job Description

POSITION DETAILS

POSITION TITLE

General Manager – Financial Consolidation & Accounts Reconciliation

FUNCTION

Finance & Accounts

REPORTS TO

Sr. Vice President – Finance & Accounts

POSITION PURPOSE

The General Manager – Financial Consolidation & Accounts Reconciliation is a mid-senior management role responsible for group-level financial consolidation and accounts reconciliation across Essar's domestic entities. Working closely with the Sr. Vice President – Finance & Accounts, the role also extends dedicated financial reporting and reconciliation support to Family Office.

This is a hands-on, execution-focused role suited to a finance professional who can independently own the consolidation and reconciliation cycle — from entity-level trial balances through to consolidated group financial statements under Ind AS — while maintaining the accuracy, timeliness, and confidentiality expected in a Family Office environment. The incumbent will work closely with statutory auditors, entity-level finance teams, and the Family Office to ensure clean, fully reconciled books across all domestic entities.

POSITION REQUIREMENTS

Education

  • Chartered Accountant (CA) – Mandatory.
  • Additional qualification such as Cost & Management Accountant (CMA) or Company Secretary (CS) would be an advantage.
  • Experience with a mid-size or Big Four audit/assurance firm, or a large corporate finance function, is preferred.
  • Strong working knowledge of Ind AS, group consolidation accounting, and ERP-based financial reporting (SAP or equivalent) is essential.

Experience

  • Minimum 8-12 years of post-qualification experience in financial consolidation, accounts reconciliation, and financial reporting, ideally within a diversified conglomerate, investment holding company, family office, or multi-entity domestic group.
  • Demonstrated experience managing group-level consolidation across multiple domestic entities/subsidiaries under Ind AS.
  • Hands-on experience in accounts reconciliation — inter-company, bank, vendor, and general ledger reconciliations — across a multi-entity environment.
  • Experience finalising books of accounts, coordinating statutory audits, and closing quarterly/annual financial statements.
  • Exposure to Family Office or promoter-group financial reporting, with the discretion and commercial sensitivity such environments demand.
  • Strong command of MIS reporting, budget variance analysis, and month-end/quarter-end close processes.
  • Working knowledge of direct and indirect tax compliance, and coordination with tax and statutory auditors, is an advantage.

SKILL/COMPETENCIES REQUIREMENTS

  • Strong technical command of Ind AS / Indian GAAP, group consolidation principles, and financial statement closure processes across multi-entity structures.
  • Hands-on expertise in accounts reconciliation — inter-company, bank, vendor/creditor, debtor, and general ledger reconciliations — with the ability to independently resolve reconciliation differences.
  • Strong MIS and management-reporting skills — monthly closing, budget vs. actuals, variance analysis, and board/promoter-level financial packs.
  • Commercial fluency across investment holding structures, inter-company transactions, and Family Office financial arrangements, with the discretion such an environment requires.
  • Ability to coordinate effectively with statutory auditors, tax consultants, and business finance teams to ensure timely, accurate, and audit-ready closures.
  • Strong process orientation — able to identify reconciliation gaps, streamline closing timelines, and strengthen financial controls across entities.
  • Self-directed and detail-oriented, able to manage multiple entities and deadlines within a lean team structure.

NETWORK

WITHIN THE ORGANIZATION

OUTSIDE THE ORGANIZATION

  • Manager
  • Promoters/Directors
  • Founding Family / Family Office Team
  • Business Finance Heads
  • Business Finance Teams
  • Statutory Auditors
  • Tax Consultants
  • Banks & Financial Institutions
  • ERP / Consolidation System Vendors
  • Regulatory Authorities (MCA, Income Tax, GST)
  • Own the end-to-end group financial consolidation process for Essar's domestic entities — collating entity-level financials, eliminating inter-company transactions, and preparing consolidated financial statements under Ind AS.
  • Ensure consolidation adjustments (minority interest, investment eliminations, unrealised profits) are accurately captured and documented.
  • Coordinate with entity-level finance teams to obtain timely and accurate trial balances and supporting schedules for consolidation.
  • Maintain and continuously improve consolidation templates, checklists, and timelines to shorten the group close cycle.
  • Drive periodic reconciliation of inter-company balances, bank accounts, vendor/creditor ledgers, and debtor accounts across domestic entities.
  • Investigate and resolve reconciliation differences on a timely basis, escalating unresolved items to the Sr. Vice President – Finance & Accounts.
  • Establish standardised reconciliation formats and cadences across entities to improve consistency and audit readiness.
  • Maintain clean, reconciled general ledgers to support accurate monthly, quarterly, and annual closes.
  • Support the Family Office with accurate, timely, and confidential financial reporting on domestic entity performance and consolidated positions.
  • Prepare periodic financial summaries and reconciliation status updates for Promoters and Directors.
  • Maintain the highest level of discretion in handling Family Office-related financial information and inter-entity transactions.
  • Prepare monthly MIS, consolidated financial packs, and variance analysis for senior management review.
  • Support budgeting and forecasting processes with accurate, reconciled actuals across entities.
  • Provide ad hoc financial analysis and reporting support to the Sr. Vice President – Finance & Accounts and Operating Partner as required.
  • Coordinate with statutory auditors for timely completion of audits across domestic entities and at the consolidated group level.
  • Ensure consolidation and reconciliation working papers are audit-ready and support closure of audit queries.
  • Work with tax consultants and internal teams to ensure accurate tax provisioning and compliance inputs are reflected in the consolidated financials.

#

AREA

KEY ACTIVITIES

1

Financial Consolidation

2

Accounts Reconciliation

3

Family Office Financial Reporting

4

MIS & Management Reporting

5

Statutory Compliance & Audit Coordination

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