Senior Associate - Reporting

We are seeking a detail-oriented finance professional with 2 to 3 years of relevant experience to join our team. The ideal candidate will have strong knowledge of IFRS standards, particularly IAS 12 and IAS 2, and be proficient in Excel and ERP systems such as SAP, Oracle, or Dynamics. This role requires excellent analytical, problem-solving, and communication skills to support accurate financial reporting and ensure compliance with company policies and regulatory requirements.

Key Responsibilities

- Prepare monthly, quarterly, and annual financial closings in SAP, including journal entries, accruals, provisions, and prepayments. Reconcile bank accounts, related party and inter-company transactions, GR/IR, vendor, and customer balances with supporting schedules, ensuring timely closure according to the closing calendar.
- Compile monthly and quarterly reporting packs for management review.
- Monitor costs, working capital, and business KPIs against approved budgets. Track key balance sheet items such as receivable aging, advances, payables, and inventory aging, escalating any exceptions or unusual movements promptly.
- Analyze inventory data and collaborate with Operations and Supply Chain teams to identify slow-moving or obsolete stock. Maintain proper documentation for provisions in line with the company’s inventory provisioning policy.
- Ensure compliance with financial policies, procedures, internal controls, and limits of authority. Identify control gaps and recommend improvements to strengthen processes.
- Prepare audit and tax schedules along with supporting documentation. Coordinate with external auditors and tax advisors during interim and annual audits and tax compliance activities, ensuring timely resolution of queries.
- Perform profit and loss (P&L) and balance sheet variance analysis comparing actuals to budget, prior periods, and latest forecasts. Support annual budgeting, forecasting, and financial projections by providing insights into key business drivers.
- Identify opportunities to automate recurring closing, reconciliation, and reporting processes using SAP S/4HANA reports, advanced Excel tools (Power Query, Power Pivot), Power BI, and AI technologies. Standardize templates to reduce manual effort and shorten closing timelines.
- Ensure full compliance with the Midas Safety Management (MSM) system policies and procedures, including health, safety, and environmental (HSE) responsibilities.

Required Qualifications

- CA finalist, CBA, or ACCA qualification.
- Minimum 2 to 3 years of relevant finance experience.
- Strong understanding of IFRS, especially IAS 12 (Income Taxes) and IAS 2 (Inventories).
- Proficiency in Excel and ERP systems such as SAP, Oracle, or Dynamics.
- Excellent analytical, problem-solving, and communication skills.

Preferred Qualifications and Benefits

- Experience with automation tools such as Power BI, advanced Excel functions, and AI-based reporting solutions is highly desirable.
- Exposure to SAP S/4HANA environment will be an advantage.
- Opportunity to work in a dynamic environment with scope for professional growth and development.
- Involvement in cross-functional collaboration with Operations, Supply Chain, and external auditors, enhancing business acumen and stakeholder management skills.

This role offers a challenging and rewarding opportunity to contribute to the financial integrity and operational efficiency of the organization while developing advanced technical and analytical capabilities.