Financial Controller

5 days ago

Chennai, India Prompt Solutions Full time

Company Description

At Prompt Solutions, As Talent aquistion partner, We believe that the right talent with the right attitude and culture is key to organizational growth. Hence, We focus on finding the perfect fit for our Client partner to help scale their planned growth. Our mission is to support organizations in their quest for the right talent to build and raise successful enterprises.

Role Description

This is a full-time, on-site role for a Finance Controller for one of our Client and their group entities located in Chennai. He will lead their financial strategy, planning, and management. As a key member of the Management team, the Finace Controller will provide sound financial advice, ensure compliance with statutory requirements, oversee financial operations, and contribute to long-term strategic decision-making.

Key Responsibilities: Financial Strategy & Leadership:

· Develop and execute financial strategies aligned with business goals.

· Provide strategic recommendations to the Founder and Management Teams.

· Lead annual budgeting, forecasting, and financial planning processes.

Financial Management & Reporting:

· Ensure accurate, timely financial statements and management reports.

· Oversee month-end and year-end closure processes.

· Analyse financial performance, identify trends, and provide actionable insights.

Cost Control & Operational Efficiency:

· Monitor manufacturing costs and implement cost-reduction initiatives.

· Improve working capital management (inventory, receivables, payables).

· Evaluate capital expenditures and ROI on new projects and machinery.

Compliance & Risk Management:

· Ensure compliance with statutory and regulatory requirements (Companies Act, GST, Income Tax, etc.).

· Coordinate audits (internal, statutory, and tax) and interface with auditors and regulatory bodies.

· Establish internal controls and risk mitigation policies.

Treasury & Fund Management:

· Manage cash flow, banking relationships, and fund requirements.

· Optimize capital structure and funding options.

· Monitor forex exposure, hedging, and investment strategies.

ERP & Systems Oversight:

· Lead financial digitization initiatives including ERP implementation/improvement.

· Drive automation in reporting and analytics.

Team Leadership:

· Lead, mentor, and develop the finance and accounts team.

· Promote a culture of accountability and continuous improvement.

Qualifications & Skills:

· Chartered Accountant (CA) with 10+ yrs of exp with strong financial acumen.

· Proven experience in a manufacturing or industrial environment

· Expertise in cost accounting, budgeting, and financial analysis.

· Deep understanding of compliance, taxation, and financial regulations.

· Strong leadership and interpersonal skills.

· Strategic thinking with hands-on execution ability

Preferred Attributes:

· Exposure to lean manufacturing or Six Sigma methodologies is an advantage.

· Experience with M&A, due diligence, and corporate restructuring.

. PE fund raise experience

  • Compensation on par with Industry

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