Financial Controller

Position Title: Financial Controller

Position Summary

The Financial Controller plays a key role in ensuring the financial health and governance of the organization. The role demands expertise in creating business plans, managing treasury operations, overseeing taxation, ensuring compliance, and leading a team to deliver excellence across all finance functions.

Key Result Areas / Key Deliverables

1. Strategic involvement while creating business plans
2. Budgeting and MIS
3. Treasury Management and Investment
4. Finalization of Accounts
5. Tax planning and tax compliances
6. Team management

Key Accountabilities / Key Responsibilities

Creating Business Plans, Budgeting and MIS

• Assist in creating a strategic business plan.
• Prepare budget with inputs from Business Heads.
• Budget, forecast, and help to oversee current and future investment and their capital resources.
• Ensure that budgets and management accounts accurately reflect the business activity, that accruals and other adjustments are being made correctly, and that variances from budget and other issues are investigated and resolved.
• Collate the MIS in consultation with various stakeholders, understand the reasoning, and present the detailed analysis before sharing the MIS. Ensure timely circulation of MIS to various stakeholders.

Treasury Management and Investment

• Aid financial risk and minimize it, keep an eye on the various changes of the market situation, and communicate the same to the CEO.
• Provide an accurate and timely financial service including setting and monitoring of budgets, forecasts, cash flow analysis, and management of financial accounts.
• Ensure effective treasury operations with optimal use of working capital and compliance with Group policy.
• Manage organizational cash flow and forecasting.
• Prepare reports and work with the CEO with respect to financial matters.
• Raise finance from banks and institutions.
• Manage investment of surplus funds.

Finalization of Accounts

• Direct the day-to-day accounting operations including oversight of accounts payable and receivable, and maintenance of the general ledger.
• Prepare, analyze, and present financial reports (income statements and balance sheets) in an accurate and timely manner; clearly communicate monthly and annual financial statements to senior management.
• Manage the annual audit process in conjunction with the appointed auditors to ensure statutory accounts are produced within the required deadlines.
• Create financial outlook reports and ensure the company funds are adequate.
• Oversee the fiscal reporting within the company and create a monthly budget report.

Tax Planning and Tax Compliances

• Overall responsibility for compliances and tax planning for the Group Companies.
• Ensure filing of returns required under direct and indirect taxes before due dates.
• Handle scrutiny matters independently by liaising with the Tax Department.
• Draft Resolutions, Minutes of Board Meetings, General Meetings, Notices, and other normal Company Secretarial Documents.

Team Management

• Coach and mentor the team members.
• Delegate work and provide direction.
• Set objectives/goals for team members and evaluate their performance.
• Conduct regular team meetings to guide team members on departmental issues in order to build a high-performing and motivated team.

Position Requirements

Level of Education: CA

Experience:

Competencies

Functional

• MS Office
• Tally and ERP
• Expertise in taxation and legal matters

Behavioral

• Good communication skills
• Process-oriented
• Good analytical skills
• Result-oriented
• Good leadership skills
• Self-motivator
• Self-starter