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Senior Manager, Group Consolidation and Reporting - TAPI

5-10 years

Mumbai

1 vacancy

Senior Manager, Group Consolidation and Reporting - TAPI

Watson Pharama

posted 4d ago

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Job Description



Find a Career With Purpose at Teva
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Select how often (in days) to receive an alert: Senior Manager, Group Consolidation and Reporting - TAPI
Date: Feb 5, 2025
Location:
Mumbai, India, 400059
Company: Teva Pharmaceuticals
Job Id: 60649


Who we are
At TAPI, we are not just a company we are a community committed to advancing health from the core. As the world s leading supplier of active pharmaceutical ingredients (APIs), we partner with 80% of the top 50 global pharmaceutical companies. With a legacy spanning over 80 years and a portfolio of more than 350 products, we re shaping the future of health worldwide.
Our strength lies in our people a team of over 4,200 professionals across 13 state-of-the-art facilities in Italy, Hungary, the Czech Republic, Croatia, Israel, Mexico, and India. Together, we innovate, solve problems, and deliver excellence. Join us, and be part of a mission that transforms lives


The opportunity
We are seeking a highly motivated, energetic, and skilled Chartered Accountant to join our Corporate Accounting team in a key role that will focus on group reporting and preparation of consolidated financial statements. This role will report to the Director - Global Head of Accounting. If you are passionate about driving accuracy in financial reporting and have experience working in the headquarters of a multi-national corporate, we would love to hear from you.


How you ll spend your day
  • Group Reporting and Consolidated Financial Statements: Timely and accurate consolidation and reporting of the group s monthly, quarterly and yearly financial statements (P&L, Balance Sheet, Cash-Flow, and disclosure notes), in accordance with USGAAP. Lead the consolidation process, including intercompany eliminations, equity elimination, foreign currency translations, unrealized profit on inventory, allocation of corporate costs to group entities, and top-side adjustments. Review subsidiary legal entities and consolidated financial statements and supporting schedules to ensure compliance with relevant accounting standards. Ensuring proper alignment and consistency across the group.
  • Group Consolidation System: Responsibility for setup, maintenance and ownership of group consolidation system. Automation of consolidation process and implementation of a new system. Ensure FX setup; rates are accurate for global transactions.
  • Financial Analysis: Conduct thorough analysis of consolidated financial data to provide insights into the company s performance, trends, and potential financial risks. Analyze fluctuations and trend of balance sheet / income statement and be able to identify and communicate potential misstatements. Collaborating with FP&A and providing insight on budgeting and forecasting variances.
  • Stakeholder Management: Liaise with various business units and regional finance teams to ensure the accurate and timely submission of financial data. Coordination of close deadlines between the headquarters and subsidiaries.
  • Accounting Policies & guidance: Develop and standardize accounting policies and procedures across the business for the local entities. Communicate and advise on accounting and reporting topics to group companies. Maintain the global chart of accounts. Build-up Group Accounting Manual. Provide accounting guidance on various topics, prepare position papers on auditors request. Implement new significant accounting pronouncements where applicable. Conduct training sessions for the broader finance organization on GAAP & reporting requirements.
  • Internal Controls: Establish and maintain a robust internal controls environment, and supporting documentation, for key balance sheet and income statement accounts. Ensure adherence to internal controls and reporting processes to maintain the integrity and reliability of the financial reporting process.
  • Audit Support: Assist in internal and external audits of TAPI Consolidated Financial Statements, providing necessary documentation and responding to audit queries as required.
  • Continuous Improvement: Seek and perform continuous improvement in financial and management reporting processes, increasing efficiency, and reducing errors.
  • Projects: Prepare and develop financial reports for other stakeholders (investors, banks, etc.). Preparation of ad-hoc analyses and special projects as requested.


Your experience and qualifications
  • Chartered Accountant (CA) qualification.
  • Minimum of 5 years of experience in group reporting, intercompany transactions, multi-currency consolidations within a multi-national corporate environment.
  • Strong knowledge of accounting standards.
  • Experience of working with consolidation software tools and ERP systems.
  • Proficiency in Microsoft Office; advanced excel knowledge.

Employment Type: Full Time, Permanent

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Monday to Friday
Within city
Day Shift
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Watson Pharama Benefits

Free Transport
Free Food
Education Assistance
Soft Skill Training
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Child care +6 more
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