About the role

Job Title: Deputy Manager – Financial Reporting & MIS

Location: Mumbai

Reports To: Senior Manager

Qualification: Chartered Accountant (Mandatory)

Experience: 1–3 years of post-qualification experience in Corporate Finance / Accounts

About the Company:

Power Exchange India Limited known as PXIL is a power market infrastructure institution providing an electronic platform for transactions in power and allied products. PXIL's operations are governed under the aegis of the Hon'ble Central Electricity Regulatory Commission (CERC). For information: Please visit Company website - https://www.powerexindia.in/

Role Purpose

To lead financial reporting, MIS, budgeting, and internal control processes while ensuring compliance with Ind-AS, regulatory frameworks, and corporate governance standards. The role will support strategic decision-making through robust financial analysis and reporting.

Key Responsibilities

1. Financial Reporting & Compliance

Preparation of monthly, quarterly, and annual financial statements in compliance with Ind-AS.
Ensure timely book closure, ledger scrutiny, reconciliations, and provisioning.
Accounting of financial instruments, ESOPs, and treasury transactions.
Liaison with statutory auditors and ensure audit readiness.

2. Management Information Systems (MIS) & Business Analytics

Design and deliver monthly MIS and management dashboards.
Develop financial models to support decision-making.
Lead budgeting and forecasting cycles.
Present financial performance analysis to senior leadership.

3. Internal Controls & Governance

Monitor and strengthen Internal Financial Controls (IFC).
Develop and update SOPs for finance processes.
Ensure regulatory and tax compliance.
Identify process improvement opportunities and automation initiatives.

4. Process & Systems Management

Drive ERP utilization (Oracle/SAP preferred).
Ensure data integrity and system-based controls.
Improve reporting efficiency through automation and advanced Excel tools.

Core Competencies

Functional Competencies

Financial Reporting under Ind-AS
Budgeting & Forecasting
Financial Analysis & Business Partnering
Internal Financial Controls (IFC)
Treasury & Taxation Knowledge
ERP & Financial Systems Expertise

Behavioral Competencies

Analytical & Problem-Solving Orientation
Strong Execution & Ownership Mindset
Process-Driven & Detail-Oriented
Ability to Work Under Pressure
Stakeholder Management & Collaboration
High Integrity & Professional Ethics

Technical Skills

Proficiency in Ind-AS and corporate finance accounting
Advanced MS Excel (financial modeling, dashboards)
ERP exposure (Oracle/SAP preferred)
Tally ERP knowledge
Strong PowerPoint and financial presentation skills

Qualification & Experience

Qualified Chartered Accountant
Experience in Exchange / Capital Markets / Financial Services preferred