EY FS-RC-FS FINANCE- Group Finance Accountant - 

India, Maharashtra, Mumbai 

618941429

Key Responsibilities and Accountabilities:

• Ensure accurate and timely journal entry processing, including standard, recurring, and manual journal entries aligned with internal controls and compliance requirements.
• Manage accrual and prepayment accounting, ensuring period-end adjustments are made accurately and reviewed for completeness.
• Oversee Chart of Accounts (COA) maintenance, ensuring alignment with Group structures, reporting hierarchies, and system consistency.
• Perform thorough balance sheet substantiation, including account reconciliations and ageing analysis, ensuring completeness and accuracy of balances.
• Lead the month-end and quarter-end close processes in collaboration with regional and Group finance teams, ensuring timely closure and accurate reporting.
• Perform intercompany reconciliation and settlement processes, ensuring elimination of mismatches and accurate recording of intercompany balances.
• Coordinate intercompany eliminations and ensure accuracy in group consolidation reporting in compliance with IFRS standards.
• Support foreign currency translation and revaluation processes, ensuring accuracy in multi-currency reporting and compliance with relevant accounting standards.
• Assist in Group consolidation and adjustment processes, including preparation of consolidation journals, minority interest calculations, and elimination entries.
• Manage asset capitalization and tagging, ensuring timely capitalization of assets in accordance with Group policies.
• Administer depreciation and amortization schedules, ensuring alignment with accounting standards.
• Support asset disposal and impairment reviews, ensuring appropriate accounting treatment and documentation for audit purposes.
• Ensure revenue recognition compliance, working with business units to validate timing, measurement, and classification of revenue in line with IFRS 15.
• Track and report contingent income elements such as performance-related commissions or bonuses, ensuring proper documentation and recognition.
• Lead the preparation of financial statements, including income statement, balance sheet, cash flow statements, and related disclosures, ensuring accuracy and compliance with Group and statutory requirements.

Functional Competencies:

• Strong technical knowledge of IFRS and financial accounting standards.
• Experience in general ledger accounting, consolidation, and financial close processes.
• Proficient in ERP systems (e.g., Workday Financials, SUN GL, Power BI) and financial reporting tools.
• Hands-on experience with reconciliations, reporting controls, and financial statement preparation.
• Familiarity with multi-entity, multi-currency environments.
• Sound understanding of fixed asset accounting and revenue recognition principles.
• Strong analytical skills and attention to detail, with a proactive approach to issue resolution.

Behavioural Competencies:

• Strong communication and interpersonal skills to engage with global stakeholders and cross-functional teams.
• Leadership mindset with the ability to manage and mentor junior team members.
• High integrity, accountability, and commitment to excellence.
• Ability to work in a fast-paced, dynamic environment and manage competing priorities.
• Continuous improvement mindset with a drive for process optimization and automation.
• Strong ownership, initiative, and a collaborative team player

Qualifications and Experience:

• Chartered Accountant (CA), Certified Public Accountant (CPA), or equivalent accounting qualification is mandatory.
• 10+ years of relevant experience in financial reporting, accounting, and consolidation within a global organization or shared services environment.
• Prior experience in the insurance, broking, or financial services sector is preferred.
• Hands-on experience in preparing consolidated financial statements and managing intercompany processes.
• Strong understanding of IFRS and experience in applying accounting principles to complex business transactions.
• Demonstrated ability to work with global teams, manage remote relationships, and deliver results across time zones