Financial Controller

8 - 10 years

4 - 5 Lacs

Posted:14 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities

Financial Management & Reporting

  • Manage all finance and accounting operations of the company.
  • Ensure accurate bookkeeping and timely monthly closing of accounts with appropriate provisions and accruals.
  • Prepare and review financial statements in line with current reporting standards.
  • Stay up to date with evolving financial reporting practices and implement necessary updates.

Accounts Payable & Receivable

  • Oversee timely and accurate recording and payment of vendor invoices (AP).
  • Supervise customer billing and ensure timely collections (AR).
  • Serve as the first-level approver for all vendor invoices.

Cash Flow & Budgeting

  • Monitor cash flows and forecast funding needs, including foreign currency planning.
  • Own the annual budget preparation process and coordinate with departments to consolidate inputs.

Audit & Compliance

  • Manage internal and external audits, implement recommendations, and ensure compliance with all statutory regulations.
  • Design and monitor internal controls in collaboration with the CFO, and report any deviations.
  • Safeguard company assets and identify financial risks with mitigation strategies.

Operations & Team Leadership

  • Streamline accounting processes and implement industry best practices and automation initiatives.
  • Oversee payroll processing and labor tax compliance.
  • Manage banking relationships and financial institution interactions.
  • Mentor and lead the finance and accounting team to drive performance and collaboration.

Strategic Initiatives

  • Identify cost-saving opportunities and recommend actionable improvements.
  • Contribute to financial planning and analysis (FP&A) activities to support organizational goals.

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