Job Description

ROLE

Financial Controller

LOCATION: Bengaluru preferred

NUMBER OF DIRECT REPORTEES: 15-20 members

KEY RELATIONSHIPS

REPORTS TO : Head of Capital and Finance

KEY RELATIONSHIPS : Internal: All Dept Heads

External: Consultants, Auditors,

About the Role:

The Financial Controller will be responsible for overseeing the company\'s financial operations, ensuring compliance with accounting standards, and providing strategic financial guidance. This role will manage financial reporting, budgeting, forecasting, and drive financial efficiency.

Responsibilities and Ownership:

Financial Strategy and Planning:

- Collaborate with the Capital & Finance Head to develop and execute financial strategies aligned with business objectives, particularly focusing on the upcoming IPO.

- Conduct thorough financial analysis, forecasting, and risk assessment to provide insights for decision-making.

- Undertake cost management measures to streamline the cost structures where required and recommend ways to realize the identified cost-saving opportunities.

Team Management and Leadership:

- Build and train the middle to lower-level finance function to support the rapidly growing business size and complexities

- Foster a high-performance culture within the finance team, encouraging collaboration, innovation, and professional growth.

- Evaluate whether the current accounting system suffice the growth objectives of the organization and if required, spearhead the identification and implementation of a robust ERP

Financial Reporting, Audit and Compliance:

- Oversee the preparation of financial statements, ensuring accuracy, compliance, and adherence to regulatory requirements.

- Drive the development / up-gradation of a robust Accounting Manual.

- Prepare dashboards and MIS for Board level discussions, Statutory compliance, handling audits, secretarial processes

- Prepare and disseminate regular MIS reports, offering key performance indicators (KPIs) and financial metrics to support decision-making at various organizational levels.

- Develop and document processes, SOPs, documentary controls, and accounting policies to maintain and strengthen internal controls

- Develop and implement the audit and control strategy to ensure adherence to the prescribed statutory and Organizational norms; Liaise with Statutory Auditors and oversee periodic statutory audits.

- Coordinate with Auditors to ensure timely submission and review of audit reports (Internal, Statutory and Tax Audits); Ensure adherence to all statutory requirements and guidelines.

Cash Flow Management:

- Assist in preparing the Cash Flow reporting along with rolling 4 week Cash flow projections.

- Should get acquainted with Cash Conversion Cycle

Taxation and Risk Management:

- Ensure overall tax compliance for the Organization by arranging for timely and correct payment of tax to minimize penal interest.

- Assess and mitigate financial risks, proactively identifying areas for improvement in internal controls and processes.

Stakeholder Engagement:

- Collaborate with cross-functional teams including operations, legal, and senior management to drive financial efficiency and support business growth initiatives.

PREFERRED QUALIFICATIONS:

Your work till now will be the first qualification that would matter to us. Other than that, you should be:

- Chartered Accountant (CA) qualification is mandatory.

- 7 to 10 years of progressive experience in finance or accounting roles in e-commerce, Leasing, Retail NBFC, asset management companies, tech, SaaS, B2C businesses, etc.

- At-least 3 years of experience in a leadership role involved in: (i) timely preparation of all required financial MIS and Statements (Balance Sheet, P&L and Cash flow Statements) through effective utilization of the ERP (ii) Planning for timely finalization and closure of books of accounts on a monthly basis coordinating with various cross functional teams (CFTs) for closure on books and overall hygiene of numbers being reported to the stakeholders.

- Should be aware of the prescribed Ind - AS and Ind GAAP

- Experience in development and documenting processes, SOPs, documentary controls, and accounting policies to maintain and strengthen internal controls

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