Finance Controller

1 month ago

Pune, India iimjobs Full time

Finance Controller - A Retail Company

Job Title: Finance Controller

Reports to: VP Finance

Location: Pune

Job Description:

You will be responsible for all accounting-related activities, including high-level accounting, managerial accounting, and finance activities including financial reporting, financial statements & analysis of financial data. Additionally, you will be required to collaborate effectively with the management team for review of financial performance.

Responsibilities:

Accounting Review & Closure

- Ensure accurate - monthly, quarterly & annual accounting close processes and reporting.


Key areas of focus will include, but are not limited to,

- Fixed Assets

- Receivables, Debtors Reconciliation

- Inventory

- Payables

- Compliances/taxation i.e., GST, TDS

- Ensure timely review and reports on monthly cost accounting, general ledger and balance sheet reviews

- Ensure adequate ongoing training in accounting and reporting personnel in applicable accounting frameworks

Financial Reporting

- Prepare accurate and timely financial statements in compliance with applicable accounting standards.

- Ensure proper documentation and maintenance of financial records.

- Present financial reports to executive management

- Cash Flow Management

- Monitor and manage cash flow to ensure liquidity needs are met.

- Implement strategies to optimize working capital.

Financial Planning and Analysis:

- Develop and manage the annual/quarterly budget in collaboration with department heads

- Conduct regular financial analysis and provide insights to support strategic decision-making.

- Monitor and report on key performance indicators (KPIs) to assess the financial health of the organization.

Internal Controls

- Establish and maintain effective internal control procedures to safeguard company assets.

- Conduct periodic internal audits to ensure compliance with financial policies and procedures.

Team Development/Leadership

- Lead and mentor the finance team, fostering a collaborative and high-performance culture.

Requirements:

- Minimum of 8 years of experience in accounting and financial reporting if you have Bachelor's degree in Accounting, Finance, or related field OR minimum of 5 years of experience if you have a master's degree or professional certification (e.g., CA).

- Strong understanding of Accounting, Company Laws and Compliances

- Demonstrated team management ability, confidence - ability to motivate team.

- Significant experience working with external auditors, internal controls and compliance related issues

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