Finance Controller

3 weeks ago

Bengaluru, Karnataka, India Corenza Full time

About Company

A leading startup into Two-wheeler space, It is into designing and manufacturing electric motorcycles and related components.

Job Description

Job Summary:

We are seeking a highly skilled and strategic Finance Controller with a Chartered Accountancy background and significant experience in the automobile manufacturing sector. The role demands hands-on leadership to oversee financial planning, plant accounting, costing, compliance, and financial risk management while supporting business growth and operational excellence.

Key Responsibilities:

Financial Planning & Reporting

  • Oversee timely preparation of monthly, quarterly, and annual financial statements in compliance with Ind-AS and statutory requirements
  • Drive annual budgeting, forecasting, and periodic re-forecasts aligned with business plans
  • Analyze financial data to provide actionable insights to senior management

Plant Finance & Costing

  • Implement and monitor standard costing systems for manufacturing operations
  • Conduct product cost analysis, variance analysis, and process costing to drive profitability
  • Collaborate with production and supply chain to optimize material costs and manage scrap/wastage

Internal Controls & Compliance

  • Establish and maintain robust internal controls across multiple plant locations
  • Ensure compliance with statutory, tax, and regulatory requirements (direct and indirect taxes, GST, customs duty, etc.)
  • Coordinate statutory audits, internal audits, and government inspections

Working Capital & Treasury Management

  • Monitor working capital, optimize inventory levels, and manage receivables/payables
  • Manage banking relationships, cash flow forecasting, and treasury functions to ensure liquidity

Business Partnering

  • Work closely with operations, procurement, and engineering teams to align finance with production and sourcing strategies
  • Support cost-reduction and efficiency initiatives within the plant
  • Participate in capital investment evaluations (capex proposals, ROI analysis)

Leadership & Team Development

  • Lead, mentor, and develop a team of plant accountants and finance staff
  • Promote a culture of ownership, continuous improvement, and compliance

Required Skills & Competencies:

  • Chartered Accountant (CA) with minimum 10 years post-qualification, with at least 5 years in a leadership/controller role within manufacturing (preferably automobile or auto-components)
  • Strong understanding of accounting standards and manufacturing finance practices
  • In-depth knowledge of cost accounting, standard costing, and variance analysis in an automobile/auto-components manufacturing environment
  • Strong command of statutory compliance, including GST, TDS, excise/customs, and other relevant tax laws
  • Proficiency in ERP systems (SAP, Oracle, or other manufacturing ERPs)
  • Excellent leadership, interpersonal, and team-building skills
  • Strong analytical mindset, problem-solving skills, and business acumen

Preferred:

  • Exposure to automotive OEM or Tier-1 supplier manufacturing finance
  • Experience in implementing or upgrading ERP systems in a plant setting
  • Knowledge of global reporting standards (IFRS)
  • Ability to work in a multi-plant, high-volume production environment

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