Associate Vice President - Accounts; Consolidation

Position: Associate Vice President - Accounts (Consolidation)
Overall Purpose of the Job - Why does this role exist?
JSW Energy is seeking a seasoned finance professional to lead the  Core Consolidation function  at the corporate level. The role will be responsible for managing the consolidation and financial reporting of a complex group structure comprising  100+ Special Purpose Vehicles (SPVs), subsidiaries, joint ventures, and associate entities . The incumbent will play a critical role in ensuring timely and accurate consolidated financial statements, driving reporting excellence, performing in-depth variance analysis, and strengthening governance across the Group's finance ecosystem.
The ideal candidate should possess strong expertise in financial consolidation, group reporting, Ind AS, statutory compliance, and stakeholder management, with the ability to manage large-scale consolidation processes in a diversified business environment.

Key Result Areas:
Group Financial Consolidation
Lead the end-to-end consolidation of financial statements for  100+ SPVs,subsidiaries, joint ventures, and associate companies .
Prepare monthly, quarterly, half-yearly, and annual consolidated financial statements in compliance with  Ind AS  and applicable regulatory requirements.
Ensure timely collection, review, and validation of financial data from all group entities.
Review inter-company transactions, reconciliations, eliminations, and consolidation adjustments.
Ensure completeness and accuracy of consolidation schedules, disclosures, and supporting documentation.
Coordinate with finance teams across various business units to ensure adherence to reporting timelines.
Financial Reporting & Governance
Oversee group-level financial reporting and management reporting requirements.
Ensure compliance with accounting standards, SEBI regulations, Companies Act provisions, and auditor requirements.
Review accounting treatment for complex transactions, acquisitions, mergers, restructurings, and investments.
Support preparation of annual reports, board presentations, investor reporting, and audit committee submissions.
Establish standardized reporting frameworks and governance mechanisms across entities.
Variance Analysis & Management Reporting
Lead detailed variance analysis of financial performance against budgets, forecasts, and previous periods.
Analyze key movements in revenue, EBITDA, operating costs, working capital, cash flow, and balance sheet items.
Identify underlying business drivers impacting consolidated performance.
Develop actionable insights for senior leadership to support decision-making.
Prepare management dashboards and executive reports highlighting critical trends and risks.
Consolidation Excellence & Process Enhancement
Drive continuous improvement initiatives in consolidation and reporting processes.
Strengthen consolidation controls and reporting accuracy through automation and standardization.
Identify opportunities for process optimization and reporting efficiency.
Support implementation and enhancement of consolidation tools, ERP systems, and reporting platforms.
Develop and monitor consolidation KPIs and reporting metrics.
Audit & Compliance Management
Act as the primary liaison for statutory auditors, internal auditors, and regulatory authorities for consolidation-related matters.
Ensure timely closure of audit queries and implementation of recommendations.
Review compliance with financial reporting standards and internal control requirements.
Support due diligence exercises, restructuring projects, and regulatory filings.
Stakeholder Management
Collaborate closely with Corporate Finance, Treasury, Taxation, Business Finance, Secretarial, and Internal Audit teams.
Engage with CFOs, Finance Controllers, and leadership teams across group companies.
Provide strategic guidance…