Executive - Group Consolidation and Compliance

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2 Locations
In-Office or Remote
Mid level
eCommerce • Fashion • Retail
The Role
Supports multi-currency group consolidation, joint venture accounting, statutory and management reporting under IFRS. Prepares balance sheet and intercompany reconciliations, monitors accounting standard developments, updates group accounting policies, and conducts accounting research and analysis. The role also contributes to improving consolidation processes through cost-effective tools and automation.
Summary Generated by Built In

MAS is Sri Lanka’s largest exporter and South Asia’s largest design-to-delivery solution providers in apparel and textile manufacturing. With a global community of 100,000, today, MAS spans across 13 countries with its portfolio expanding into wearable technology, FemTech, logistics and fabric parks worldwide. Over three decades, MAS has gained global recognition for its ethical and sustainable working environment as well as its impeccable craftsmanship and product excellence

Location - Battaramulla 

Key Responsibilities 

  • Prepare and assist with the Group’s multi-currency consolidation process (including extensive joint venture accounting) for both biannual internal management and statutory purposes in line with IFRS requirements.
  • Assist with initiatives to identify, develop, implement, and improve the consolidation process using cost effective tools and autonomation.
  • Preparation of monthly Balance sheet reconciliations, including multicurrency intercompany reconciliations.
  • Review accounting standards developments from the various standard setting bodies and drafting communication of those developments and their impacts for the Group.
  • Review and update Group Accounting Policies to include changes in business environment and best in class practices.
  • Preparation of ad-hoc research and analysis on various areas of accounting issues in support of special projects or requests.
  • Perform additional duties commensurate with the current role, as and when requested by management.

Qualifications and Skill. 

  • Minimum of 3 years combined experience in a Big Four Accounting Firm as well as industry /commercial experience. Working for a group in a role related to IFRS consolidated reporting and preparation of Group Financial Statements is preferred.
  • Degree in Accounting & Finance Qualified or Partially Qualified in ICASL or ACCA.
  • In-depth knowledge of International Financial Reporting and Auditing Standards .
  • Moderate command of ERP, BI, Microsoft Excel, strong analytical, report writing and communication skills.
  • Competence in advanced analytics which support systematic computational analysis of data or statistics would be an added advantage.
  • Competence in advanced analytics which support systematic.
  • Computational analysis of data or statistics would be an added advantage.
  • Competence in advanced analytics which support systematic.
  • computational analysis of data or statistics would be an added advantage.

Skills Required

  • Minimum 3 years of combined experience in a Big Four accounting firm and industry or commercial environments
  • Experience with IFRS consolidated reporting and preparation of group financial statements
  • Degree in Accounting and Finance
  • Qualified or partially qualified in ICASL or ACCA
  • In-depth knowledge of International Financial Reporting and Auditing Standards
  • Moderate command of ERP and BI systems
  • Strong Microsoft Excel, analytical, report writing, and communication skills
  • Competence in advanced analytics and computational analysis of data or statistics

MAS Holdings Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about MAS Holdings and has not been reviewed or approved by MAS Holdings.

  • Healthcare Strength — Health-related insurance—including medical, illness, accident, and critical-illness coverage—together with mental-health resources forms a strong core of protection. These offerings create comprehensive coverage, even as specifics may vary by country and role.
  • Wellbeing & Lifestyle Benefits — Allowances for transport and communication, shuttles, free meals, gym access, and wellbeing resources provide practical day-to-day support. These features contribute to a rounded benefits experience beyond base pay.
  • Parental & Family Support — Employer-supported childcare at some locations, lactation rooms, and maternity support indicate attention to family needs. These supports help certain employee groups balance work and caregiving.

MAS Holdings Insights

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The Company
HQ: Colombo
15,595 Employees

What We Do

MAS is an innovation driven company founded on a perfect blend of daring and visionary thinking. Focusing on fashion and lifestyle, we are one of Asia’s largest manufacturers of intimate apparel, sportswear, performance wear and swimwear and provide IT solutions to the apparel and footwear industry worldwide. MAS nurtures and drives a culture of excellence where over 114,000 global associates activate their full potential. Our identity, which goes beyond great products, is deeply embedded in community well-being and nurturing world-class teams.

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