Manager Financial Planning & Consolidation

Role Overview:

The position is responsible for managing the preparation, consolidation, and reporting of financial statements across Descon Engineering Limited’s entities and geographies. It ensures timely statutory and management reporting, audit governance, and compliance with accounting standards while providing financial insights that support decision-making. The role also drives process improvements, financial controls, and alignment of reporting frameworks with corporate objectives.

Key Responsibilities:

• Lead the monthly, quarterly, and annual financial consolidation process for Descon Engineering Limited and its subsidiaries, branches, and JVs in line with IFRS and applicable regulations.
• Ensure timely and accurate statutory and management reporting, including financial statements, variance analysis, and executive dashboards.
• Coordinate and support statutory and internal audits; prepare management responses, track closure of audit observations, and strengthen internal controls.
• Partner with business units and support departments to gather, validate, and consolidate financial data; ensure consistency of accounting practices across geographies.
• Drive the preparation of annual budgets and forecasts by consolidating divisional inputs, analyzing variances, and monitoring performance against corporate targets.
• Support working capital and liquidity monitoring through regular analysis and reporting of receivables, payables, and project cash flows.
• Ensure integrity of reporting systems by aligning SAP/ERP financial modules with corporate financial control policies and reporting needs.
• Identify financial risks, variances, and performance gaps; provide insights and recommendations to management for corrective action.
• Develop, standardize, and improve reporting templates, processes, and controls to enhance efficiency, transparency, and compliance.
• Mentor and develop team members, promoting a culture of accuracy, accountability, and continuous improvement.

Qualifications & Experience

• Chartered Accountant (CA), ACCA, CPA, or equivalent; strong academic background in accounting and finance.
• 7–10 years of relevant experience, including at least 3–4 years in financial reporting, consolidation, and audit coordination.
• Strong knowledge of IFRS, tax implications on consolidation, and statutory reporting requirements.
• Experience with ERP systems (SAP preferred) and advanced proficiency in Excel and financial modeling.
• Exposure to multinational or multi-entity consolidation preferred.