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Associate Lead - Consolidation

Job Id:  6674

Mumbai, Maharashtra, India

Department:  Finance Operations
Function:  Finance
Employee Type:  Permanent Full Time
Seniority Level:  Mid-Senior level

UPL Limited (NSE: UPL & BSE: 512070, LSE: UPLL) is a global provider of sustainable agriculture products and solutions, with annual revenue exceeding $6bn. We are a purpose-led company. Through OpenAg®, UPL is focused on accelerating progress for the food system. We are building a network that is reimagining sustainability, redefining the way an entire industry thinks and works – open to fresh ideas, innovation, and new answers as we strive towards our mission to make every single food product more sustainable. As one of the largest agriculture solutions companies worldwide, our robust portfolio consists of biologicals and traditional crop protection solutions with more than 14,000 registrations. We are present in more than 130 countries, represented by more than 10,000 colleagues globally. For more information about our integrated portfolio of solutions across the food value chain including seeds, post-harvest, as well as physical and digital services, please visit and follow us on LinkedIn, Twitter, Instagram and Facebook.

Major responsibilities:

This role will support in the consolidation of UPL India with its subsidiaries. it will undertake the accounting of associates and joint ventures, profitability analysis, variance analysis, intercompany eliminations and handle audit for consolidated financials.


Roles and Responsibilities:


  • Consolidation, Audit, and Limited review: Responsible for end-to-end monthly consolidation and finalization of quarterly audit reports at Ind AS and IFRS level for the group spanning across 200 plus subsidiaries 15 associates, and joint ventures on monthly, quarterly, and annual basis for the group.
  • Monthly reporting package to Top Management: Prepare global operating and financial performance reports in comparison to Previous periods and budget, involving key ratios, Income statements by business, EBIDTA, cash flows, consolidated projections, profitability analysis, contribution analysis, working capital, gross and net debt, tax, exchange valuation analysis. Assist in the preparation of presentations during monthly reviews with the senior management including the Global CFO and ELT members.
  • Board and Investor Presentations: Prepare presentations for the Board of Directors and Investors. Assist to internal Investor relation team in conference calls and provide support to corporate treasury team for banking, credit rating, and other relevant purposes
  • Fair valuation of Acquisitions, Mergers, and restructuring: Responsible for fair valuations of acquisitions, mergers, and any restructuring in the books of accounts as per IFRS, Ind AS etc. Handle purchase price allocation accounting for acquisitions.
  • Improvement in business processes: Develop solutions to improve current business processes; establish and maintain effective internal controls.
  • Group Accounting policies: Maintain group accounting policies, ensuring that they are updated on a timely basis to reflect identified changes in relevant accounting standards and any other relevant change in circumstance.
  • Handling Technical Matters: Represent Head office as technical accounting lead for the accounting teams, financial controllers and senior management.
  • Handling Special Audits and Carve out Financial Statements
  • Actively involved in SAP Rollouts: Sign off on SAP rollouts, and maintain the BPC system including all masters.


UPL competencies applicable:

  • Entrepreneurial mindset
  • Adaptability and resilience
  • Customer centricity
  • Execution excellence

Expected Qualification and Experience:


  1. CA with 8-10+ years of experience.
  2. 5+ years experience in the Consolidation of accounts of at least 50+ entities within the group.
  3. Experience of working in SAP, BW, and BPC (Business Planning & Consolidation Module in SAP).
  4. Good understanding of IFRS standards and audit of Consolidated accounts.


We are one team, for maximum impact. One team with shared goals. We all play for the team and no one plays against the team. We have a laser-like focus on what our customers need and want, on anticipating their future needs and on how we can create innovative solutions and experiences for them.