Description
We are seeking a Lead Associate - Accounting to join our Accounting & Finance team at Davies in Viman Nagar, Pune.
As a Lead Associate - Accounting, you will play a key role in delivering high-quality financial accounting across the organisation, with a strong focus on the application of IFRS.
Key Responsibilities
IFRS Accounting & Technical Support
- Maintain and update the IFRS 16 lease accounting model, working closely with the Estates team and FP&A.
- Support and maintain IFRS 15 revenue recognition workings.
- Prepare Expected Credit Loss (ECL) models annually, including review and assessment of outcomes.
- Monitor and assess the impact of new or updated IFRS standards, ensuring appropriate implementation across the organisation.
- Prepare and update the trial balance for each IFRS entity for the consolidation.
Acquisition Accounting
- Assess each new acquisition for IFRS conversion requirements and support onboarding into the organisation.
- Assist in the Purchase Price Allocation (PPA) process, including liaison with external valuation specialists.
- Support the integration of acquisition financials into the organisation's consolidation system.
Group Reporting & Consolidation
- Contribute to the preparation of the monthly consolidated balance sheet and cash flow statements, demonstrating a strong understanding of consolidation principles and system functionality.
- Ensure accuracy, completeness, and compliance in all aspects of statutory and management reporting.
- Assistance in Planful consolidation model project.
Ad Hoc and Cross Functional Support
- Provide technical support and analysis to the Director of Group Finance and the wider Finance function.
- Support continuous improvement initiatives to enhance reporting quality, system efficiency, and process robustness.
Skills, Knowledge & Expertise
- 5–7 years of relevant post-qualification industry experience
- Previously worked in Group Consolidation, Reporting & Technical accounting
- Fully qualified Chartered Accountant (CA)
- Strong technical knowledge of UK GAAP and IFRS, with proven hands-on experience applying IFRS standards
- Proven experience in group statutory accounts preparation, monthly management accounts, and large consolidations.
- Prior exposure to acquisition accounting and integration processes
- Ability to interpret and manage financial information across multiple companies and business units.
- Proactive, curious, and committed to improving processes and delivering high-quality output.
- Strong organisational skills with the ability to meet deadlines in a fast-moving, dynamic environment.
- High level of IT literacy, including strong Excel skills (including Power Query); experience with Planful is an advantage.