₹5.7L – ₹16L a year estimatetypical for Accounting & Finance Jobs in Mumbai, 56 posts
Posted Today
Free · takes a minute · your resume fills your profile
CoreHRx never asks candidates for money. If anyone does, .
Role at a glance
Experience
8–12 years
Education
Professional certificate
Must-have skills
Compliance AuditFinancial ConsolidationFinancial ReportingGST FilingGeneral LedgerInd AS
How well do your skills match this job?
Sign in to see your fit: the skills, experience and location this job asks for, checked against your profile.
Job description
Description
POSITION DETAILS
POSITION TITLE
General Manager – Financial Consolidation & Accounts Reconciliation
FUNCTION
Finance & Accounts
REPORTS TO
Sr. Vice President – Finance & Accounts
POSITION PURPOSE
The General Manager – Financial Consolidation & Accounts Reconciliation is a mid-senior management role responsible for group-level financial consolidation and accounts reconciliation across Essar's domestic entities. Working closely with the Sr. Vice President – Finance & Accounts, the role also extends dedicated financial reporting and reconciliation support to Family Office.
This is a hands-on, execution-focused role suited to a finance professional who can independently own the consolidation and reconciliation cycle — from entity-level trial balances through to consolidated group financial statements under Ind AS — while maintaining the accuracy, timeliness, and confidentiality expected in a Family Office environment. The incumbent will work closely with statutory auditors, entity-level finance teams, and the Family Office to ensure clean, fully reconciled books across all domestic entities.
POSITION REQUIREMENTS
Education
Chartered Accountant (CA) – Mandatory.
Additional qualification such as Cost & Management Accountant (CMA) or Company Secretary (CS) would be an advantage.
Experience with a mid-size or Big Four audit/assurance firm, or a large corporate finance function, is preferred.
Strong working knowledge of Ind AS, group consolidation accounting, and ERP-based financial reporting (SAP or equivalent) is essential.
Experience
Minimum 8-12 years of post-qualification experience in financial consolidation, accounts reconciliation, and financial reporting, ideally within a diversified conglomerate, investment holding company, family office, or multi-entity domestic group.
Demonstrated experience managing group-level consolidation across multiple domestic entities/subsidiaries under Ind AS.
Hands-on experience in accounts reconciliation — inter-company, bank, vendor, and general ledger reconciliations — across a multi-entity environment.
Experience finalising books of accounts, coordinating statutory audits, and closing quarterly/annual financial statements.
Exposure to Family Office or promoter-group financial reporting, with the discretion and commercial sensitivity such environments demand.
Strong command of MIS reporting, budget variance analysis, and month-end/quarter-end close processes.
Working knowledge of direct and indirect tax compliance, and coordination with tax and statutory auditors, is an advantage.
SKILL/COMPETENCIES REQUIREMENTS
Strong technical command of Ind AS / Indian GAAP, group consolidation principles, and financial statement closure processes across multi-entity structures.
Hands-on expertise in accounts reconciliation — inter-company, bank, vendor/creditor, debtor, and general ledger reconciliations — with the ability to independently resolve reconciliation differences.
Strong MIS and management-reporting skills — monthly closing, budget vs. actuals, variance analysis, and board/promoter-level financial packs.
Commercial fluency across investment holding structures, inter-company transactions, and Family Office financial arrangements, with the discretion such an environment requires.
Ability to coordinate effectively with statutory auditors, tax consultants, and business finance teams to ensure timely, accurate, and audit-ready closures.
Strong process orientation — able to identify reconciliation gaps, streamline closing timelines, and strengthen financial controls across entities.
Self-directed and detail-oriented, able to manage multiple entities and deadlines within a lean team structure.
NETWORK
WITHIN THE ORGANIZATION
OUTSIDE THE ORGANIZATION
Manager
Promoters/Directors
Founding Family / Family Office Team
Business Finance Heads
Business Finance Teams
Statutory Auditors
Tax Consultants
Banks & Financial Institutions
ERP / Consolidation System Vendors
Regulatory Authorities (MCA, Income Tax, GST)
Own the end-to-end group financial consolidation process for Essar's domestic entities — collating entity-level financials, eliminating inter-company transactions, and preparing consolidated financial statements under Ind AS.
Ensure consolidation adjustments (minority interest, investment eliminations, unrealised profits) are accurately captured and documented.
Coordinate with entity-level finance teams to obtain timely and accurate trial balances and supporting schedules for consolidation.
Maintain and continuously improve consolidation templates, checklists, and timelines to shorten the group close cycle.
Drive periodic reconciliation of inter-company balances, bank accounts, vendor/creditor ledgers, and debtor accounts across domestic entities.
Investigate and resolve reconciliation differences on a timely basis, escalating unresolved items to the Sr. Vice President – Finance & Accounts.
Establish standardised reconciliation formats and cadences across entities to improve consistency and audit readiness.
Maintain clean, reconciled general ledgers to support accurate monthly, quarterly, and annual closes.
Support the Family Office with accurate, timely, and confidential financial reporting on domestic entity performance and consolidated positions.
Prepare periodic financial summaries and reconciliation status updates for Promoters and Directors.
Maintain the highest level of discretion in handling Family Office-related financial information and inter-entity transactions.
Prepare monthly MIS, consolidated financial packs, and variance analysis for senior management review.
Support budgeting and forecasting processes with accurate, reconciled actuals across entities.
Provide ad hoc financial analysis and reporting support to the Sr. Vice President – Finance & Accounts and Operating Partner as required.
Coordinate with statutory auditors for timely completion of audits across domestic entities and at the consolidated group level.
Ensure consolidation and reconciliation working papers are audit-ready and support closure of audit queries.
Work with tax consultants and internal teams to ensure accurate tax provisioning and compliance inputs are reflected in the consolidated financials.
Most Accounting & Finance Jobs posts in Mumbai ask for 3–6 years of experience (48% of 367 that say).
Hiring most for Accounting & Finance Jobs in Mumbai
Kotak Mahindra Bank42 open jobs
JPMorganChase41 open jobs
Deutsche Bank16 open jobs
Jobs asking for Compliance Audit in India also ask for
Risk Management39%
Stakeholder Management24%
Investment Analysis20%
Project Management17%
Data Governance15%
From live job posts on CoreHRx, updated 12 Nov 2026. Skill figures count posts that list their skills; salary figures only posts that show a salary.
Questions about this job
What is the salary for this General Manager - F&A job?
The post does not state the pay. As an estimate, comparable posts on CoreHRx advertise ₹5.7L – ₹16L a year (typical for Accounting & Finance Jobs in Mumbai, 56 posts).
Preparing for an accountant, accounts executive or finance analyst interview in India? This guide lists the accounting, GST and TDS questions asked most often, sample answers, the Excel test you may get, and how freshers (B.Com, M.Com, CA Inter) and experienced candidates should prepare.
Questions you may be asked
What are the golden rules of accounting?
How do you prepare a bank reconciliation statement?
What is input tax credit under GST?
What is the difference between GSTR-1 and GSTR-3B?
