Grade HResponsible for supporting the implementation of the compliance framework to improve the effectiveness of financial controls, risk management and fraud policies, using sound technical capabilities to provide assurance, support the implementation of new control procedures and identify financial reporting risks.Entity:
Finance

Job Family Group:
Finance Group

Job Description:

Job Description Summary

About Castrol India

Castrol India, a key player in the global lubricant industry, operates under the bp Group, a major global energy company. Publicly listed in India, Castrol excels in automotive, industrial, and marine lubricants, with a century of market leadership. Our robust presence includes three blending plants, 330 distributors, and 100,000+ retail outlets.We develop limitless success, offering employees a multifaceted learning environment and opportunities. Here, you can develop your expertise or pursue a general management track. Be part of our legacy of encouraging top talent for leadership roles with the bp group, both in India and worldwide. Visit www.castrol.co.in for more.

We are currently looking for Castrol India Limited Compliance Finance Analyst based in Mumbai. More details below:

The incumbent will be a key member of India Finance Compliance team and will be responsible for the following compliances:

• Quarterly SEBI reporting requirements
• Related party compliances
• Annual financial documents in accordance with Indian Accounting Standards
• Annual Report of listed entity
• Statutory Pack for Annual General Meeting
• Annual Cost Audit Reporting Compliance
• Monthly Castrol India listed entity financials review
• Annual tax audit and tax filing requirements
• Board deliverables for quarterly statutory meeting and annual year end meetings
• Board meeting presentations and interactions with the GBS and business teams.
• Any new statutory reporting requirement and compliances

The role holder is expected to have proficiency with Indian Accounting standards and statutory compliances. Exposure to statutory and tax audit preferably by big 4 audit firms. Should have exposure to listed entity accounting and reporting role.

What you will deliver

• Review and analyse monthly castrol India listed entity financial statements for accuracy and completeness.
• Timely review and submission of financial statements in accordance with Indian Accounting standards
• Coordinate and own the external audit process and work closely with statutory auditors to address queries and ensure a smooth audit cycle.
• Efficiently communicate financial information to internal and external stakeholders.
• Cost audit Report and tax audit as per statutory timelines
• Quarterly and annual filing of related party transaction as per SEBI requirements
• Timely Board Pack for quarterly and yearly board meetings
• Annual Report as per statutory requirements
• AGM Pack for year end Annual General meeting of Castrol India Limited
• Implementation of new regulatory requirements
• Demonstrate proficiency in Microsoft Excel and working in ERP environment for financial analysis and reporting.
• Knowledge of internal financial controls and related statutory compliance

Experience and Qualifications

• Qualified Chartered Accountant (CA) with post qualification experience (10 -12 years)
• Strong understanding of Indian accounting standards and experience in handling statutory reporting required by SEBI and other regulators
• Proven experience in books closure management, financial statement review and analysis, audit, and revenue recognition.
• Advanced Excel skills for financial analysis and reporting; working in ERP environment
• Reliable, accountable, and able to manage stakeholders effectively.
• All the assignments will be timebound with set deadlines.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel Requirement
Up to 10% travel should be expected with this role

Relocation Assistance:
This role is eligible for relocation within country

Remote Type:
This position is not available for remote working

Skills:
Accounting for financial instruments, Accounting for financial instruments, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Collaboration, Commercial acumen (Inactive), Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Financial accounting and reporting, Influencing {+ 5 more}

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.