Manager - F&A - 13095

Job Purpose

Finalization and preparation of Audited Consolidated Financials of GAL and MIS (Airport Sector) for various stakeholders

To support team in implementation of new statutory requirements i.e. IND-AS and IFCR at GAL/Airport sector level

ORGANISATION CHART

Accountabilities

Key Performance Indicators

• MANAGING CONSOLIDATION OF GAL FINANCIALS INDPEMDENTLY INCLUDING INTERACTION WITH AUDITORS ON CONSOLIDATION
  
  
  

Complete Responsibility of Finalization of Consolidated Financials of GAL & its subsidiaries (DIAL, GHIAL) and JVs (36 entities as on date) and consist preparation of.

• Consolidated Balance Sheet
• Consolidated Profit & Loss Account
• Cash Flow Statement
• Notes to Accounts
• Accounting Policies
  
  
  

Consolidation of Financial statements involves following sub-activities :

• Finalization of Consolidation Templates
• Finalization of Shareholding Structure
• Calculation of Goodwill/Capital Reserve on date of acquisition of the entities involved
• Accounting treatment of Foreign entities/Operations (Integral/Non integral) as per AS-11
• Identification of Reportable Segment (based on primary and secondary risk as per AS-17)
• Harmonization of Accounting Policies of step down entities
• Elimination of Inter Company Transactions & unrealized profit, Balances, Share capital, dividends, Investments, etc.
• Reconciliation of Inter-Company Balances
• Determination of Minority interest in Equity and Reserves
• Identification & Carry forward of Permanent Differences
• Preparation of Related Party transaction
• Completion of Audit of CFS with Auditors
• Preparation of Board Presentation on CFS
  
  
  

Annual/Half-yearly/Quarterly/As per Time Bound schedules

• MANAGIN ALL IPO RELATED REQURIEMENTS (OF GAL FINANCIALS)
  
  
  

IPO Deliverables like ICDR Requirement for GAL Consolidated

Financials.

As per deliverables agreed with Bankers

Key Accountabilities

• MANAGING MIS FOR INTERNAL & EXTERNAL STAKEHOLDERS
  
  
  

Analytical analysis and Review of MIS to

• BCM
• CFO
• PE Investors
  
  
  

consisting :

• Monthly Profitability of Airport Sector
• Fund Flow statement of Airport Sector
• Debtors MIS for Airport Sector
• Key Performance Index (KPI’s)
• Jv’s Profitability
• Operational Parameters
• Business Highlights
  
  
  

Provide on monthly/weekly/monthly basis

• MANAGING & REVIEW OF OVERSEAS ENTITIES FINANCIALS
  
  
  

Finalization of Accounts for overseas entities financial s for following entities:

• GMR Airports (Mauritius) Limited
• GMR Airport Global Limited
• Limak CJV
• GMR Malta (Winding up)
• GMCAC
• GMIAL
  
  
  

Finalization include following deliverables:

• Finalization of IFRS Financials
• Conversion of IFRS in to IGAAP
• Audit of overseas entities
  
  
  

Provides on quarterly basis/ annual Audited financials as per timeline of listed entity GIL

• Overview of Processing of Invoices & Monitoring of Overseas Entities consisting of review of :
• Bank Reconciliation
• Funds Management
• Vendor Invoices
• Review of Trial Balance
  
  
  

On Regular basis/As per requirement

KEY ACCOUNTABILITIES - Additional Details

EXTERNAL INTERACTIONS

External -

Auditors- For Audit of GAL Consolidation

Service Provider- For overseas entities for finalization of financials

PE Investor- For providing requested information

INTERNAL INTERACTIONS

Internal -

Subsidiary (DIAL, GHIAL)/JVs (DIAL & GHIAL JVs)- To prepare consolidated financials and MIS, inputs from subsidiaries and JVs (36 entities) are taken

Parent Company GIL: Clarifying queries of GIL, listed parent company for overseas entities financials and other MIS of Airport sector

FINANCIAL DIMENSIONS

Consolidation is completed for 36 entities where consolidated

• Gross Turnover is Rs. 6,900 Crs and
• Balance sheet size is Rs. 16,300 Crs.
  
  
  

Other Dimensions

• Role requires regular interaction with all airport sector subsidiaries, JVs and parent company like GAL, DIAL, GHIAL and their subsidiaries/JVs (as on date around 36 entities are consolidated)
• Role is supported by 2 subordinates.
  
  
  

Education Qualifications

• Chartered Account having skills in accounting standard, preparation of consolidated financials of listed entity and having analytical skill in preparation & presentation of MIS
• Having Knowledge of IFRS
• Having knowledge related to IPO related issue
• Having knowledge of merger /acquisition related issues
  
  
  

Relevant Experience

• 8-10 years post-qualification experience
  
  
  

COMPETENCIES

• Personal Effectiveness
• Social Awareness
• Entrepreneurship
• Problem Solving & Analytical Thinking
• Planning & Decision Making
• Capability Building
• Strategic Orientation
• Stakeholder Focus
• Networking
• Execution & Results
• Teamwork & Interpersonal influence