IFRS 18 + SOX – Assistant Manager Full Time

OVERVIEW

KPMG entities in India are professional services firm(s). Member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.

KPMG entities in India offer services to and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the business environment.

Why Choose KPMG India?

• Dynamic Work Environment: Be a part of an innovative team that values creativity and fresh ideas.👨 💼
• Growth Opportunities: We provide excellent training, mentorship, and career advancement.📈
• Attractive Benefits: Competitive salaries, health insurance, and more!🎖️

IFRS 18 –

• Assess and implement IFRS 18 requirements relating to the presentation and disclosure of financial statements, including revised income statement structure and mandatory subtotals.
• Interpret IFRS 18 guidance and translate accounting standard changes into operational financial reporting requirements.
• Define, document, and maintain Management‑Defined Performance Measures (MPMs), including reconciliations to IFRS measures and supporting disclosures.
• Update accounting policies, reporting templates, and disclosure notes to reflect IFRS 18 requirements.
• Support IFRS 18 transition activities, including parallel runs, comparative disclosures, and adoption planning.
• Act as a key finance contact for IFRS 18 interpretation discussions with Group Accounting Policy and External Auditors.

SOX 404 – IFRS 18 Impact

• Identify and assess SOX 404 impacts arising from IFRS 18‑driven changes to financial reporting and disclosures.
• Ensure all IFRS 18‑related reporting changes are supported by effective internal controls over financial reporting (ICFR).
• Update and maintain SOX documentation, including process narratives, risk and control matrices (RCMs), and control descriptions impacted by IFRS 18.
• Coordinate walkthroughs, control design assessments, and operating effectiveness testing for IFRS 18‑impacted controls.
• Support remediation of any control deficiencies arising from IFRS 18 implementation.

Risk, Governance & Audit

• Assess new financial reporting risks introduced by IFRS 18 and ensure alignment with the Group Risk Management Framework.
• Track issues, actions, and remediation plans relating to IFRS 18 and SOX through established governance forums.
• Prepare reporting for senior management and Audit Committees on IFRS 18 readiness and SOX control status.
• Act as a key liaison with Internal Audit and External Audit on IFRS 18 and SOX matters.
• Support management SOX certifications by ensuring timely completion of testing and resolution of audit observations.

Controls & Compliance

• Ensure consistent documentation, traceability, and audit trails linking IFRS 18 requirements to financial reporting outputs and SOX controls.
• Maintain governance over accounting judgements and disclosures to ensure transparency, consistency, and auditability.
• Drive standardisation and control discipline across entities affected by IFRS 18 reporting changes.

SELECTION PROCESS

• Candidates should expect 2 – 3 rounds of personal or telephonic interviews to assess fitment and communication skills

Good communication skills, analytical and presentation skills are mandatory for the above skill set.

• Looking for selected candidates to join within 30 days or an immediate joiner.

The opportunity is now! If you are interested in being part of a dynamic team, serving clients and reaching your full potential – KPMG Advisory Services is for you!