Financial Controller

3 days ago

Dehra Dun, India IONOTS Full time

In a bootstrapped startup, financial management plays a critical role in ensuring the company's stability and growth. The financial controller is a key figure responsible for various aspects of financial management. Here's a detailed breakdown of the responsibilities in specific areas:
Treasury Management:
Cash Flow Management: Monitor and manage the cash flow to ensure the company has enough liquidity to meet its operational needs.

Working Capital Management: Optimize working capital by efficiently managing receivables, payables, and inventory to maintain a healthy cash conversion cycle.

Risk Management: Identify and mitigate financial risks, such as currency fluctuations or interest rate changes, that could impact the company's financial health.

Accounts and Finance:
Financial Reporting: Prepare and analyze financial statements regularly, providing accurate and timely financial information to support decision-making.

Budgeting and Forecasting: Develop and oversee the budgeting process, working closely with department heads to set financial targets. Regularly update forecasts based on actual performance.

Cost Control: Implement cost control measures to optimize spending and ensure the company operates within its budget constraints.

Taxation and Compliance:
Tax Planning: Develop and implement tax strategies to minimize the company's tax liability while ensuring compliance with applicable tax laws.

Regulatory Compliance: Stay abreast of regulatory changes and ensure the company complies with all financial regulations and reporting requirements.

Audit Coordination: Facilitate external audits and ensure all audit requirements are met in a timely and accurate manner.

Financial Systems and Technology:
System Implementation: Evaluate, select, and implement financial systems and technologies that streamline processes and enhance efficiency.

Data Security: Ensure the security and integrity of financial data by implementing robust control measures.

Process Automation: Identify opportunities for process automation to improve accuracy and reduce manual efforts.

Team Management:
Recruitment and Training: Build and lead a finance team, recruiting individuals with the right skills for a startup environment. Provide training to ensure continuous skill development.

Performance Management: Set performance goals, conduct regular performance reviews, and provide constructive feedback to foster a high-performing finance team.

Setting up SOP and Reporting:
Standard Operating Procedures (SOP): Develop and implement SOPs for financial processes to ensure consistency and adherence to best practices.

Management Reporting: Establish reporting structures that provide key financial insights to management. Regularly communicate financial performance against targets.

In a bootstrapped startup, the financial controller must operate efficiently, balancing financial discipline with flexibility to adapt to the dynamic nature of a startup environment. Effective communication and collaboration with other departments are crucial to achieving the company's financial goals.

Qualifications:
Bachelor's degree in Finance, Accounting, or a related field; MBA or CA preferred.

Proven experience as a FC in a bootstrapped startup environment.

Strong sense of controllership with a track record of effective treasury management.

In-depth knowledge of financial planning, analysis, and reporting.

Familiarity with diverse taxation landscapes and compliance requirements.

Experience in managing the financial aspects of multiple interconnected companies.

Exceptional leadership and interpersonal skills.

Excellent communication and presentation abilities.

Age range: 37 to 45 years.

**Job Type**: Permanent

**Salary**: ₹2,500,000.00 per year

**Benefits**:

- Paid sick time

Schedule:

- Monday to Friday

Supplemental pay types:

- Yearly bonus

Application Question(s):

- Have you done MBA or Ca

**Experience**:

- total work: 8 years (required)

Ability to Commute:

- Dehra Dun, Uttarakhand (required)

Ability to Relocate:

- Dehra Dun, Uttarakhand: Relocate before starting work (required)

Work Location: In person

**Speak with the employer**

+91 7999045660

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