Job Summary
Job Description
Job Title: Specialist
Experience: 5-8 years
Location: Pune, Maharashtra
Qualification:
Chartered Accountant
Position Overview: We are seeking a qualified Chartered Accountant with 5–8 years of relevant experience to join our Consolidation team. The ideal candidate will support the end-to-end consolidation process for the group, ensuring accurate and timely financial reporting across multiple entities. The role will involve consolidated financial reporting, foreign currency (FX) translation, Goodwill calculation and accounting, Oracle/FCCS consolidation activities, and topside adjustment management. The candidate will also contribute to strengthening internal controls, improving consolidation processes, supporting audits, and ensuring key reporting deliverables are IPE compliant. This position requires strong technical accounting knowledge combined with effective stakeholder management, with regular interaction across regional controllers, entity finance teams, auditors, and other cross-functional stakeholders.
Key Responsibilities:
1 Support the monthly, quarterly, and annual consolidation process for multiple global entities within the group using Oracle FCCS.
2 Assist in timely and accurate preparation and review of consolidated financial statements out of Oracle FCCS and related reporting deliverables.
3 Coordinate with regional controllers, External Reporting and Tax team to gather any financial information or supporting documentation as needed and also, address any queries that they may have from time to time.
4 Perform monthly Goodwill reconciliation to ensure that workings are accurate including acquisition-related adjustments, FX or any other adjustments etc.
5 Perform Inter-company elimination review of dividends and investment/Equity balances and resolve the differences by working with controllers.
6 Prepare and monitor topside journal entries in Oracle/FCCS, including preparation/posting, validation and appropriate supporting documentation.
7 Review foreign currency (FX) translation of subsidiary financial statements, including validation of exchange rates, translation adjustments, and related consolidation impacts. 8 Support in preparation and compilation of variance/flux analysis commentaries of Consolidated BS and PL.
9 Assist in designing, implementing, and strengthening SOX controls and IPE documentation over the consolidation and Financial Statement Close Process (FSCP). 10 Support timely resolution and closure of internal and external audit queries relating to consolidation, controls and supporting documentation.
11 Drive close acceleration by collaborating with key stakeholders, including regional controllers on continuous basis.
12 Perform Sub-Consolidations for Tax purposes and address any ad-hoc data queries received from time to time.
13 Participate in ad hoc assignments, automation initiatives, system enhancements, and other consolidation/process-improvement projects.
Requirements:
Qualified CA/CPA with 5–8 years of relevant experience, with significant exposure to financial consolidation and GAAP reporting (preferably US GAAP), Strongs knowledge on complete Consolidation cycle and concepts including intercompany eliminations, FX, goodwill, acquisition accounting etc. Strong understanding of internal/SOX controls for FSCP Process. Exposure to Consolidation tools like Hyperion, Oracle/FCCS, Tagetik etc. Proficiency in MS Office, with advanced Excel skills Working Knowledge of ERP Systems like SAP, QAD etc. Ability to work independently, manage multiple priorities, and collaborate effectively in a dynamic environment. Strong stakeholder management skills, with the ability to effectively communicate, collaborate, and influence stakeholders across teams and geographies. Strong attention to detail and accuracy.
About Medline India:
Medline India was setup in 2010 in Pune, primarily as an offshore Development centre and to augment resources for Medline Industries LP headquartered…