Financial Controller

About the position

We are seeking a highly motivated and detail-oriented Finance Controller to join our team. The ideal candidate will be a self-starter who thrives in a dynamic environment and possesses a strong passion for numbers, data analysis, and financial management. As the Finance Controller, you will play a critical role in managing our financial operations, ensuring compliance with regulations, optimizing investments, and providing strategic financial insights. This position requires strong business acumen, exceptional analytical skills, and the ability to work collaboratively with cross-functional teams.

The Ideal Candidate

• Self-starter, ready to take on new challenges.
• Positive attitude and ability to work with team.
• Chartered accountant

Functions/Responsibilities

• Sources of Finance:Secure loans and raise equity finance to meet the company's financial requirements.
• Identify potential financing opportunities and develop relationships with financial institutions.
• Investment Management: Analyze excess funds and invest them strategically to maximize returns.
• Monitor and evaluate investment portfolios, providing recommendations for adjustments as needed.
• Budgeting and Control: Lead the budgeting process, collaborating with various departments to establish financial targets.
• Conduct regular performance analysis using management information system (MIS) tools and provide actionable insights.
• Credit Management: Establish policies and procedures for debtors and creditors, ensuring efficient management of credit terms.
• Oversee receivables and coordinate with store-level teams to ensure timely collections.
• Payables Management: Coordinate with vendors for consumable and asset payments, ensuring compliance with payment terms and optimizing cash flow.
• ERP and SOP Development: Continuously develop and improve the company's enterprise resource planning (ERP) system, suggesting enhancements and implementing changes.
• Review the completeness of standard operating procedures (SOPs) and recommend improvements to streamline processes and increase efficiency.
• Reporting: Prepare standard weekly and monthly financial reports, providing insights into key performance indicators (KPIs).
• Identify gaps in reporting and propose new reports based on findings to enhance financial visibility and control.
• Compliance: Maintain organized records of company financial transactions and ensure adherence to regulatory requirements.
• Coordinate the annual external audit process and provide necessary documentation.
• Conduct internal audits with a focus on inventory management and Goods and Services Tax (GST) compliance.
• Stay up-to-date on changes in tax laws and labor laws related to salary to ensure compliance.
• Ensure compliance with Reserve Bank of India (RBI) regulations and manage any foreign exchange or share issuance-related compliance.

Salary Range

• Upto 14 LPA

Qualification

• Qualified Chartered Accountant (CA) with a strong understanding of accounting principles, financial analysis, and regulatory compliance.
• Minimum of 4 years of experience in the finance field, with a focus on financial management, budgeting, and reporting.
• Proficiency in analyzing large data sets, identifying trends, and drawing meaningful insights.
• Excellent business acumen, with the ability to understand and interpret financial statements and make strategic recommendations.
• Strong interpersonal skills and the ability to work collaboratively with cross-functional teams.
• Detail-oriented mindset with a keen eye for accuracy and strong problem-solving skills.
• Proficiency in using financial management software and advanced MS Excel skills.
• Demonstrated ability to take ownership of projects, work independently, and meet deadlines.
• We offer competitive compensation and benefits packages. If you are a motivated finance professional who enjoys working in a fast-paced environment and possesses the qualifications mentioned above, we would love to hear from you. Please submit your resume and cover letter outlining your relevant experience.