Financial Controller

2 weeks ago


India Lotus Interworks Full time

Title: Financial Controller

REMOTE

7PM IST - 4AM IST (US SHIFT)


Position Overview:

The Financial Controller plays a critical role in overseeing the financial operations of the company, ensuring accuracy, compliance, and efficiency in financial reporting and management. This position requires extensive experience in QuickBooks, bookkeeping, and a strong understanding of American accounting standards (GAAP).


Key Responsibilities:

Financial Reporting:

-Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP.

-Oversee the general ledger accounting process, ensuring accurate recording of transactions and proper account reconciliations.

-Review and interpret financial data to provide insights and recommendations to senior management.


Budgeting and Forecasting:

-Develop annual budgets and financial forecasts in collaboration with department heads and senior management.

-Monitor budget performance, identify variances, and provide analysis to support decision-making.

-Implement strategies to optimize financial performance and achieve budgetary goals.


Cash Flow Management:

-Manage cash flow projections and ensure adequate liquidity to meet operational needs.

-Monitor accounts receivable and accounts payable processes to optimize cash flow efficiency.

-Implement controls and procedures to mitigate cash flow risks and improve working capital management.


Compliance and Internal Controls:

-Ensure compliance with regulatory requirements and company policies, including tax filings, financial reporting, and audit requirements.

-Develop and maintain internal controls to safeguard company assets and ensure the integrity of financial data.

-Coordinate external audits and facilitate the resolution of audit findings and recommendations.


Financial Analysis and Decision Support:

-Conduct financial analysis to support strategic decision-making, investment evaluations, and business initiatives.

-Provide financial insights and recommendations to senior management to drive profitability and growth.

-Identify opportunities for cost savings, process improvements, and revenue enhancement.


Team Leadership and Development:

-Supervise and mentor accounting staff, providing guidance, training, and performance feedback.

-Foster a culture of continuous learning and professional development within the finance team.

-Collaborate with cross-functional teams to ensure alignment and collaboration on financial objectives.


Qualifications:

  • Bachelor's degree in accounting, finance, or a related field; CPA certification preferred.
  • Minimum of 5 years of experience in accounting and financial management roles, with a focus on QuickBooks and bookkeeping.
  • Thorough knowledge of American accounting standards (GAAP) and proficiency in financial reporting requirements.
  • Strong analytical skills with the ability to interpret financial data and provide strategic insights.
  • Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
  • Proven leadership abilities with experience in managing and developing a team.
  • Detail-oriented with a commitment to accuracy and integrity in financial reporting.
  • Ability to thrive in a fast-paced environment and manage multiple priorities effectively.


Simplia Inc. is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.


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