Manager Consolidation

PMCL-JAZZ

Islamabad
Permanent
Full-time

13 days ago
Apply easily

Grade Level: L3Location: IslamabadLast date to apply: 22nd April 2024What is Manager Consolidation?Consolidation department is responsible to consolidate set of financials received from each Opco and come up with single consolidated financials which are then used for statutory reporting’s across the globe. We also work with different departments on ongoing projects & data from our department is usually used to initiate the direction in which the ship is to sail. Manager consolidation plays a pivotal role in all this and liaises with all HQ functions & OpCos to ensure consolidation is top notchThe role reports directly to the Head of Consolidation and has 1 direct report with an extended team of 5 team membersWhat Manager Consolidation does?

Familiarize yourself with the consolidation system & the protocols involved in dealing with certain situations
Get on job training on Hyperion
Prepare analysis using smart view files
Actively participate in scenario testing
Correspond with group external reporting team & other group functions to develop understanding of the interlink between functions when dealing with different situations
Keep Desk Top Procedures (DTP’s) updated
Ensure consolidation manual is up to date
Interact with OpCos and look at their issues and recommend practical solutions
Work on ownerships in GRS
Start developing adhoc analysis as per requirements
Lead HFM change releases & testing
Prepare detailed planning & monthly closing instructions
Prepare yearly finance calendars
Provide HQ functions with data needed from consolidation system
Deal with specific transactions & ensure they are reflected appropriately to ensure correct base level results & consolidated results
Prepare testing results and discuss them with IT teams if results differ from expectations
Start preparing group wide entity reconciliations
Deal with auditors and provide them with the agreed upon information
Prepare SOX documentations
Deal with stakeholders like FP&A, EPM, tax, treasury & help them out in necessary matters
Review assigned area of consolidation
Prepare quarterly related party list, EPS, disclosure checklist, litigation report analysis

Jazz is an equal opportunity employer. We celebrate, support, and thrive on diversity and are committed to creating an inclusive environment for all employees.Requirements

At least 4 years prior work experience
CA, ACCA, ICAEW, CPA, Masters in finance from a reputed university
Work experience of Big 4 or experience of working in consolidation department of an organization having a complex group
Sound consolidation knowledge of complex group structures
Accounting treatments for changes in group structure
Hyperion knowledge
Strong IFRS knowledge
Strong communication
Analytical skills
Problem solving

BenefitsWhy Join Jazz?As one of the leading employers in the country, Jazz epitomizes the philosophy that each Jazz employee is passionately living a better every day inspired and enabled by visionary leadership, a unique professional culture, a flourishing lifestyle, and continuous learning and development.Our core values include qualities essential for a positive organizational culture - truthfully guiding entrepreneurial and innovative mindsets, harnessing professional and interpersonal collaboration, and fostering across-the-board customer-obsession.As one of the largest private sector organizations in Pakistan, our objective is to continue to change the lives of our 70 million customers for the better. This is an opportunity for someone who wants to be part of something transformative, someone who can play a critical role in driving our success. Together, we can empower millions more with the tools necessary to progress in an increasingly digital economy.

PMCL-JAZZ