Financial Controller

Job Profile: Financial Controller Repair Factory (IT Hardware Services)Position: Financial ControllerLocation:

• Prepare and present 

  monthly, quarterly, and annual financial statements

   (P&L, Balance Sheet, Cash Flow).
• Monitor 

  repair revenue, spare part usage, and gross margins

   to ensure profitability.
• Manage 

  budgeting, forecasting, and variance analysis

   against turnover targets (80 Cr).
• Prepare detailed 

  MIS reports

   for management with factory-wise and vendor-wise profitability.

Inventory & Cost Control

• Oversee 

  inventory management of spare parts

   (CPU, motherboards, etc.) ensuring accurate consumption records.
• Implement 

  FIFO method

   for stock valuation and costing.
• Analyze 

  repair costs vs. part replacement costs

   for margin improvement.
• Track 

  inventory ageing and vendor-wise purchase history

  .

Billing & Receivables

• Ensure accurate 

  monthly billing

   to clients, including warranty and service contracts.
• Monitor 

  receivables, credit terms, and collection efficiency

  .
• Work with sales/operations to minimize 

  debtor days

   and improve cash flows.

Compliance & Controls

• Ensure compliance with 

  GST, TDS, Income Tax, ROC, and other statutory filings

  .
• Establish 

  internal financial controls

   to prevent leakages, fraud, or misreporting.
• Coordinate with 

  external auditors

   for statutory and tax audits.

Strategic Support

• Provide financial insights for 

  pricing, procurement, and vendor negotiations

  .
• Identify opportunities for 

  cost optimization

   in repairs and spare procurement.
• Support expansion strategies, CAPEX planning, and business growth initiatives.

Key Skills & Competencies

• Strong knowledge of 

  accounting standards, tax laws, and compliance

  .
• Expertise in 

  manufacturing/repair factory costing and inventory control

  .
• Proficiency in 

  ERP/accounting software (SAP, Tally, Oracle, etc.)

  .
• Analytical mindset with ability to interpret financial data into actionable insights.
• Leadership skills to manage accounts & finance team effectively.

Qualifications & Experience

• CA / CMA / MBA (Finance)

   preferred.
• 7–12 years of experience in 

  manufacturing, repair, or service industry finance

  .
• Proven experience handling turnover of 50–100 Cr.
• Hands-on knowledge of 

  GST, TDS, and factory-related compliances

  .

Performance Metrics (KPI)

• Accuracy & timeliness of 

  financial reports

  .

• Inventory variance

   (% difference between physical & system stock).
• Reduction in 

  inventory ageing >180 days

  .

• Receivable days

   (DSO) and collection efficiency.
• Cost savings achieved through 

  vendor negotiations

  .
• Audit compliance with 

  zero major observations

  .