AGM - Financial Reporting

Job Req ID: 49988

Location:

Mumbai, Maharashtra, IN

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Function: Commercial/ Finance

About:

Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.

VIL's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our Values of Passion, Boldness, Trust, Speed and Digital. Consequently, our recruiting efforts are directed towards attracting and retaining best and brightest talents. Our endeavour is to be First Choice for prospective employees.

Role

Financial Reporting

Job Level/ Designation

M2/AGM

Function / Department

Finance / Financial Reporting

Location

Ahmedabad

Job Purpose

Finalization of Financial Statements of Vodafone Idea Limited and its subsidiaries.

Key Result Areas/Accountabilities

Analyze the standards, transactions and providing inputs for finalizing the necessary accounting guidelines

Review of reconciliation of Profit /Net Assets, for Ind AS and IFRS.

Ensure Vodafone Idea limited and its subsidiaries monthly, quarterly financial statements are prepared as per IND Generally Accepted Accounting Principles (IND AS).

Ensure Quarterly financial results of Vodafone Idea Limited (Standalone and Consolidated) are in compliance of Generally Accepted Accounting Principles (IND AS) and Listing agreements

Preparation of detailed business reasons for movement for each item of Profit and Loss account along with KPI's

Preparation of Cash Flow statement on quarterly basis

Prepare the required information to be provided to group companies.

Collating inputs from SSC / Corporate / Circles with respect to finalisation of the company’s Consolidated financial statements

Monitor and maintain the Hyperion consolidation tool along with issues & enhancement.

Ensure standardization of accounting policies and practices across all the circles and business units.

Review of Chart of accounts and take appropriate action for any disconnects

Regular analysis of the changes in the reporting requirements, assess the changes impacting the company, its subsidiaries and its joint ventures / associates, appraise Top Management and implement changes in consultation with the Top Management.

Provide support and information for various other departments like regulatory, DoT, CAG and Tax Audits

Liaison with the statutory auditors to ensure smooth quarterly and annual audit of books.

Provide inputs and actively involved in ERP integration

Comparison of accounting polices / disclosures with peers in the Industry

Core Competencies, Knowledge, Experience

In-depth knowledge of Consolidation and Reporting.

Knowledge of compliance requirements for listing agreements

Technical knowledge of Ind AS and International Financial Reporting Standard.

Knowledge of Companies act

Good working knowledge of, SAP, Hyperion.

Proficient in MS Office (Excel, Word, PowerPoint)

Must have technical / professional qualifications

Chartered Accountant / ICWA or CA (Inter) with having relevant experience of preparation of financials statements & having good knowledge of Excel.

Years of Experience

Minimum Experience of 5 to 7 years in Financial Reporting

Direct reports

None

Vodafone Idea Limited (formerly Idea Cellular Limited)

An Aditya Birla Group & Vodafone partnership