Hyperinflation and Currency Translation Partner

The mandate

This project will establish a controlled method for hyperinflationary restatement and subsequent currency translation where current calculations rely on fragmented instructions and difficult-to-reproduce interventions. The Consulting Partner must deliver a technical-operating rulebook, calculation model, control evidence and tested owner handover. Production sign-off and broader foreign-exchange risk management are excluded.

Named artifacts comprise a scope and population memo, index-source protocol, restatement rulebook, opening-position reconciliation, translation sequence, calculation engine specification, journal catalogue, disclosure evidence pack, test suite and operator guide. The design must make sequencing explicit: which amounts are restated, when indices apply, how comparatives are handled and how resulting amounts enter translation.

Five milestones are dated: scope acceptance by 13 November 2026; technical design by 22 January 2027; model and journal specification by 19 March; parallel test by 21 May; final handover by 30 July. Acceptance rests with the Group Controller after designated technical and local accounting owners complete review.

The decisive test is reproducibility under variation. Internal staff must process a representative period using approved inputs, respond correctly to a seeded index revision and translation-rate exception, reconcile opening to closing positions and explain each material movement. Critical calculation or traceability defects block final acceptance.

Management must provide approved functional-currency conclusions, complete trial balances, index sources, historical methods, policy decisions and responsive local owners. The consultant will document unresolved choices and request timely decisions rather than substitute assumptions. Tax consequences, economic forecasting, treasury exposure management, production postings and platform implementation sit outside scope and require formal change control if requested.

What you will own

• Confirm affected populations, reporting periods, functional-currency premises and policy decisions needed for a complete design.
• Specify approved index sources, cut-off rules, revision treatment and evidence retained for each reporting period.
• Document the sequence from historical-cost amounts through restatement, opening-equity effects, translation and consolidation intake.
• Design calculation and journal logic with transparent lineage, review checkpoints, reversals and disclosure ties.
• Build test cases for index changes, acquisitions, disposals, non-monetary balances, comparative periods and currency exceptions.
• Execute a parallel run and drive defects to verified closure before recommending operational adoption.
• Train internal owners and evaluate their independent performance against the reproduction acceptance test.
• Apply change control to tax, treasury, forecasting, system-build or production-operating requests.

Candidate qualifications

• Demonstrate leadership of IAS 29 and IAS 21 application in a controlled group-reporting context.
• Explain a sequencing error you identified and how it affected restatement, translation or equity presentation.
• Show how you selected and governed index data, including handling revisions or incomplete publication timing.
• Provide evidence of building reviewer-readable journal and disclosure bridges for technically complex calculations.
• Describe a pilot test that exposed a defect not apparent in static methodology documentation.
• Evidence internal-owner transfer through independent execution rather than workshop attendance alone.
• Show commercial discipline when adjacent tax, treasury or system work threatened the defined project boundary.

Working terms and boundaries

• The project fee covers nine months, three days weekly and five milestone packages with ten-day acceptance windows.
• The Group Controller accepts artifacts; management retains functional-currency decisions, accounting approvals and reporting representations.
• Final payment requires a successful independent run, resolved critical defects and delivery of editable organisation-specific artifacts.
• Unavailable source records or delayed policy decisions are documented client dependencies and may reset milestone dates.
• Tax, treasury, forecasts, production operation and platform configuration are not included in the contracted deliverables.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 12 October 2026. Mandate reference FNA-CON-2026-DUB-16.