AM - Financial Reporting & Compliance
Tata Communications · Mumbai, Maharashtra, India
- On site
- Full-time
- ₹400,000 / year
- Mumbai, Maharashtra, India
Job highlights
- Ensure financial compliance and implement policies.
- Prepare monthly P&L and variance analysis reports.
- Manage General Ledger hygiene and reconciliations.
- Liaise with auditors and support tax filings.
- Utilize SAP and Advanced Excel for financial tasks.
About the role
About The Company
Tata Communications Redefines Connectivity with Innovation and Intelligence. Driving the next level of intelligence powered by Cloud, Mobility, Internet of Things, Collaboration, Security, Media services and Network services, we at Tata Communications are envisaging a New World of Communications.
Job Description
The role is part of the financial reporting & compliance department. The role holder shall be responsible for ensuring financial compliance and will support the implementation of policies, standards & processes in the respective areas. This is an operational role, responsible for delivering results that have a direct impact on the achievement of results within the assigned account and business.
Responsibilities
The role holder will be responsible for activities aligned to their financial reporting function including:
- Preparation of monthly profit & loss account and variance analysis reporting for management.
- Open item clearing of all General Ledger accounts in SAP to maintain the hygiene of books of account.
- Accrual accounting for accurate financials.
- Payroll & Prepaid Accounting.
- Review Reconciliation.
- Preparation of bank reconciliation and to ensure minimum open line items.
- Review monthly Intercompany reconciliations to ensure complete and correct accounting in all entities.
- Issue of Debit notes for all Intercompany transactions and ensuring regular settlement.
- Foreign exchange revaluation and analysis of Foreign exchange gain/(loss).
- Liaison with Statutory Auditors of the respective entity and ensure timely closure of Audit reports for the respective entity.
- Preparation of Balance sheet and schedules.
- Support internal and external audits, providing audit requirements and resolving all queries of the auditors with respect to each entity.
- Support for Income Tax returns filling, Transfer pricing return.
- Preparation of data for other survey fillings for the region.
- Work on Quarterly and Monthly Financial Review related inputs.
Key Skills/Competency
- Financial Reporting
- Compliance
- SAP
- Accrual Accounting
- Variance Analysis
- Intercompany Reconciliation
- Foreign Exchange
- Statutory Audit
- Income Tax
- Advanced Excel
Skills & topics
- Financial Reporting
- Compliance
- Chartered Accountant
- SAP
- Advanced Excel
- Variance Analysis
- Intercompany Reconciliation
- Foreign Exchange
- Audit Support
- Finance
How to get hired
- Tailor your resume: Highlight your Chartered Accountant qualification, 0-2 years of finance experience, and specific skills like Advanced Excel and SAP. Quantify achievements in financial reporting and compliance.
- Craft a compelling cover letter: Emphasize your understanding of financial principles, your analytical skills, and your eagerness to contribute to Tata Communications' mission.
- Prepare for technical questions: Be ready to discuss your experience with SAP, accrual accounting, variance analysis, intercompany reconciliations, and foreign exchange.
- Showcase your problem-solving skills: Prepare examples of how you've resolved accounting discrepancies, supported audits, or improved financial processes.
- Research Tata Communications: Understand their business, values, and recent achievements to demonstrate your genuine interest.
Technical preparation
Master SAP Financial Accounting (FI) module.,Practice Advanced Excel for P&L and variance analysis.,Review accrual accounting and foreign exchange principles.,Understand intercompany reconciliation procedures.
Behavioral questions
Describe handling tight financial reporting deadlines.,How do you ensure accuracy in reconciliations?,Detail experience supporting external auditors.,Give an example of identifying a financial discrepancy.
Frequently asked questions
- What are the key responsibilities for a Financial Reporting and Compliance Analyst at Tata Communications?
- As a Financial Reporting and Compliance Analyst at Tata Communications, your key responsibilities will include preparing monthly profit and loss accounts with variance analysis, clearing open items in SAP General Ledger accounts, performing accrual, payroll, and prepaid accounting, and managing bank and intercompany reconciliations. You will also handle foreign exchange revaluations, liaise with statutory auditors, support internal and external audits, assist with tax filings, and prepare data for surveys and financial reviews.
- What qualifications are essential for the Financial Reporting and Compliance Analyst role at Tata Communications?
- The essential qualification for this role is being a Chartered Accountant with 0 to 2 years of experience in controllership or finance. A strong understanding of financial and accounting principles, along with exposure to SAP and advanced Excel skills, is crucial.
- What software and tools will I use as a Financial Reporting and Compliance Analyst at Tata Communications?
- You will primarily use SAP for managing general ledger accounts and ensuring book hygiene. Advanced Excel will be critical for data analysis, reporting, and reconciliation tasks. Familiarity with other finance and statistical analysis software is also beneficial.
- How does Tata Communications ensure financial compliance?
- Tata Communications ensures financial compliance through robust internal processes, adherence to accounting standards, regular reconciliations (bank, intercompany), timely audits, and accurate financial reporting. The Financial Reporting and Compliance Analyst plays a vital role in maintaining these standards and supporting the implementation of policies and processes.
- What is the typical career progression for a Financial Reporting and Compliance Analyst at Tata Communications?
- Typically, an analyst in this role can progress to more senior financial reporting or accounting positions. With experience, opportunities may arise in specialized areas like tax, treasury, or internal audit, or into management roles within the finance department.
- What kind of exposure will I get in the Financial Reporting and Compliance Analyst role at Tata Communications?
- You will gain comprehensive exposure to various aspects of financial reporting and compliance, including P&L management, general ledger accounting, accruals, reconciliations, foreign exchange, statutory audits, and tax filings. This role offers a strong foundation in core finance operations within a global telecommunications company.