General Manager-Finance Controller

Purpose/Objective

Responsible for finalization of Monthly, Quarterly and Annual accounts within Group timeline and high level accuracy, Review book hygiene and effective internal financial control on key parameters

Key Responsibilities of Role

Governance/Assurance- - Responsible for finalization of Monthly, Quarterly and Annual accounts within Group timeline and high level accuracy - - Ensuring adherence of closing schedule of accounts and data submission to auditors for review. - Review of open audit points of previous quarters and bring them to closure by obtaining updates on these matters from respective departments - Attending periodic review meetings with the statutory auditors to check the audit progress and to address and resolve the queries / data pendency to ensure smooth and timely audit completion. - Review of standalone and consolidated results - Review the accounting implication due to change in IND AS, Acquisitions, new regulation like CARO, MSME ACT etc. and discuss with concerned stakeholder and finalizing the framework and guidelines for compliance - Completion of Cost Audit Ongoing Focus on Books Hygiene & regular review - Review book hygiene and effective internal financial control on key parameters e.g.- Receivable Ageing - Payable Ageing ( Incl. GR/IR, Advances, Deposit, Employee advances) - Unreconciled GST Input Credit - Aged Inventory - Bank Reconciliation Open Item - Overhead Analysis - Aged Assets - Balance Sheet Provision - Intercompany Reconciliation - Review of site Finance Team, BU F&A Team and ABEX team- Conduct monthly meetings with each site finance team, ABEX and MIS team for discussion on balance sheet items, Books Hygiene parameters - Action plan and tracking for closure for pending items during monthly review - Interface with Corporate Tax, Corporate Affairs and ABEX team for DT and IDT compliance -- Reviewing periodic compliance and tax credit reconciliation ( incl GST audit) - Authorizing GST/Income tax related documents submission with the department ( Incl refund filing) - Assessing quarterly advance tax payout. - Review of income tax audit reports /Transfer Pricing reports. - Ensuring tax opinions for vital tax stands. - To ensure that related parties transactions are at arms’ length with proper documentations. - Planning so as to ensure tax planning due to profit projections due to regulatory orders. - Conducting meetings with central legal, tax advisor, CATO to ensure SEZ act compliance as well as refund filing - Drive compliance of all F&A policies and guidelines within the business (e.g. MSME, GST, Bank accounts, Expense booking in same month etc.) - Drive performance improvement / cost control initiatives coming out of FP&A - Review of commercial NFAs from finance/compliance perspective - Support CFO in business planning and strategic decisions in acquisitions and mergers- Prepare and Review of financial models for impairment evaluation. - Review of financial models on merger / re-structuring to evaluate the restructure plan from tax planning and NBFC perspective - Review of business case and Due Diligence of proposed acquisition w.r.t Accounts and Tax - Periodic cash flow management - Quarterly Audit Committee and Board Meetings presentation and Analysis Papers - Drive yearly business budgeting process with a high degree of precision and timeliness by working closely with the various teams viz. marketing, business development, operations and services - Periodic Business MIS - Co-ordination with Revenue team for timely booking of sales - Ensure timely Monthly provision - Detailed Company wise MIS with explanation of every parameters, revenue and cost - Review of company wise profitability compare to Budget and prepare business analysis - Review and circulation of Consolidated MIS to Business team - Review of Abridged MIS, BRM papers - Respond to internal audit observations and drive the implementation of corrective / preventive measures within own BU - Leading Super APP sites financial nodal/ current accounts settlement process between ADL and Adani Consumer Business Units - Onboarding, Negotiating and Supervising the Banks, PGS and Service providers for ADL owned sites, apps and other digital revenue streams. - Leading the settlement, reconciliation and invoicing process for ADL Stakeholder Engagement- - Provide accounting Information and other support for regulatory matters (including review of Orders) - Interface with Corporate Secretarial for Secretarial compliance matters - Interface with corporate insurance ensuring policy renewal, claims settlement etc - Continuously benchmark the performance of the business against various parameters like EBIDTA, Per unit contribution etc. with peers within the industry - Where applicable, work with the Marketing / Biz. Dev. to set up credit standards / terms for receivables, collections policy; setting working capital targets based on cash-flow requirements/ typical cash pattern for BU. - Drive Continuous Improvement Projects to bring efficiency and controls in F&A processes

Technical Competencies

Stakeholder Engagement,Periodic Business MIS ,Governance/Assurance,cash flow management,Quarterly Audit Committee and Board Meetings

Qualifications and Experience

CA with 15+ Years of experience