Role: Consolidation Reporting Manager
Location: Gurugram, Haryana, IND
Salary: Not Disclosed
Company: Whirlpool
About Whirlpool Company
Improving lifestyles at home has been at the heart of our business for a hundred and ten years — it is why we exist and why we are passionate about what we do. That’s why consumers believe in our brands. We by no means take that for granted. We work each day to earn that acceptance as true via usually evolving and innovating for our purchasers, supporting our surroundings and communities to thrive, and nurturing our expertise to deliver their talent home to Whirlpool.
Consolidation Reporting Manager Description
A Consolidation Reporting Manager is a key financial control position liable for overseeing the consolidation and reporting of financial effects across multiple entities or subsidiaries of a corporation. This position is pivotal in ensuring accurate economic reporting, compliance with accounting requirements, and offering insights into the monetary performance of the organization. Consolidation Reporting Managers typically work in large companies or multinational companies, collaborating intently with finance groups, auditors, and senior management.
Key Responsibilities
- Financial Consolidation:
Consolidation Process: Manage the monthly, quarterly, and annual economic consolidation procedures for the corporation. Ensure correct and timely consolidation of monetary facts from numerous entities.
Intercompany Transactions: Oversee the elimination of intercompany transactions and balances to ensure proper reporting of consolidated financial outcomes.
Currency Translation: Manage the foreign money translation manner for overseas subsidiaries, ensuring that monetary statements are correctly converted into the reporting forex.
- Financial Reporting:
Financial Statements: Prepare and evaluate consolidated monetary statements according to applicable accounting requirements (e.g., GAAP, IFRS). Ensure that economic statements are correct, an entire, and observe regulatory requirements.
Management Reporting: Provide timely and correct management reports, financial analysis, and variance factors to senior management and stakeholders.
Disclosure Requirements: Ensure compliance with all external reporting necessities, together with SEC filings, if relevant.
- Compliance and Controls:
Internal Controls: Develop and keep effective internal controls over the monetary consolidation and reporting system. Ensure compliance with organization guidelines and methods.
Audit Coordination: Coordinate with internal and outside auditors during the audit manner. Provide helping documentation and motives as needed.
- Process Improvement:
Optimization: Continuously overview and enhance the economic consolidation and reporting techniques to decorate efficiency, accuracy, and timeliness.
Automation: Implement automation gear and solutions to streamline the consolidation and reporting processes, reducing guide effort and minimizing errors.
- Team Leadership and Development:
Team Management: Lead and control a team of monetary experts chargeable for consolidation and reporting sports. Provide steering, mentorship, and education to develop their competencies and talents.
Cross-functional collaboration: Collaborate with different departments, including finance, tax, felony, and IT, to make certain alignment of financial reporting with standard enterprise desires and objectives.
- Strategic Analysis:
Financial Analysis: Conduct economic evaluation, which includes variance evaluation and fashion analysis, to provide insights into the financial performance of the corporation.
Forecasting and Budgeting: Assist in the monetary forecasting and budgeting tactics by offering ancient monetary information and insights.
Required Skills and Qualifications
- Educational Background:
A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field is generally required. A CPA (Certified Public Accountant) or equal certification is desired.
- Experience:
Several years of modern-day enjoy in monetary reporting, consolidation, and accounting. Experience in a managerial or supervisory position is nice.
Experience with economic consolidation software applications (e.g., Hyperion, SAP BPC, Oracle HFM) and ERP structures.
Consolidation Reporting Manager Skills
- Leadership: Proven management and control talents to persuade a group, prioritize responsibilities, and acquire departmental goals.
- Attention to Detail: Strong interest in detail and accuracy in monetary reporting and evaluation.
- Integrity: Demonstrates integrity and moral behavior in coping with non-public monetary facts.
- Adaptability: Ability to work in a brief-paced environment and adapt to converting priorities and deadlines.
- Team Player: Collaborative and works nicely in a group environment, fostering a superb and inclusive place of business manner of life.
- Strategic Thinking: Ability to assume strategically and contribute to the improvement and execution of economic strategies.
Career Path and Advancement
A Consolidation Reporting Manager can enhance to roles consisting of Senior Manager of Financial Reporting, Director of Consolidation, or maybe Chief Financial Officer (CFO), relying on overall performance and revel in. Career development regularly includes taking over more enormous duties, coping with larger teams, and contributing to strategic economic decisions within the corporation.
Apply Now: Consolidation Reporting Manager
More Jobs
Software Engineer Angular Developer in